<SEC-DOCUMENT>0000909108-17-000049.txt : 20170426
<SEC-HEADER>0000909108-17-000049.hdr.sgml : 20170426
<ACCEPTANCE-DATETIME>20170426160654
ACCESSION NUMBER:		0000909108-17-000049
CONFORMED SUBMISSION TYPE:	10-Q
PUBLIC DOCUMENT COUNT:		55
CONFORMED PERIOD OF REPORT:	20170331
FILED AS OF DATE:		20170426
DATE AS OF CHANGE:		20170426

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DIAMOND HILL INVESTMENT GROUP INC
		CENTRAL INDEX KEY:			0000909108
		STANDARD INDUSTRIAL CLASSIFICATION:	INVESTMENT ADVICE [6282]
		IRS NUMBER:				650190407
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		10-Q
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24498
		FILM NUMBER:		17784394

	BUSINESS ADDRESS:	
		STREET 1:		325 JOHN H MCCONNELL BLVD
		STREET 2:		SUITE 200
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43215
		BUSINESS PHONE:		6142553333

	MAIL ADDRESS:	
		STREET 1:		325 JOHN H MCCONNELL BLVD
		STREET 2:		SUITE 200
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43215

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BANC STOCK GROUP INC
		DATE OF NAME CHANGE:	19971016

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HEARTLAND GROUP OF COMPANIES INC
		DATE OF NAME CHANGE:	19940301

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HEARTLAND FINANCIAL GROUP INC
		DATE OF NAME CHANGE:	19930714
</SEC-HEADER>
<DOCUMENT>
<TYPE>10-Q
<SEQUENCE>1
<FILENAME>dhil-2017331x10q.htm
<DESCRIPTION>10-Q
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
		<!-- Document created using Wdesk 1 -->
		<!-- Copyright 2017 Workiva -->
		<title>Document</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<div><a name="s56E35A9EBEDE5418B63D7022D19D9FE2"></a></div><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"></td></tr><tr><td style="width:100%;"></td></tr><tr><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:5px;text-align:center;font-size:18pt;"><font style="font-family:inherit;font-size:18pt;font-weight:bold;">United States</font></div><div style="line-height:120%;text-align:center;font-size:18pt;"><font style="font-family:inherit;font-size:18pt;font-weight:bold;">Securities and Exchange Commission</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Washington, D.C. 20549</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:389px;border-collapse:collapse;text-align:left;"><tr><td colspan="1"></td></tr><tr><td style="width:389px;"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:center;font-size:18pt;"><font style="font-family:inherit;font-size:18pt;font-weight:bold;">Form 10-Q</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:389px;border-collapse:collapse;text-align:left;"><tr><td colspan="1"></td></tr><tr><td style="width:389px;"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">OF THE SECURITIES EXCHANGE ACT OF 1934</font></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">For the quarterly period ended </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#32;</font></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Commission file number 000-24498</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:389px;border-collapse:collapse;text-align:left;"><tr><td colspan="1"></td></tr><tr><td style="width:389px;"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:center;font-size:18pt;"><font style="font-family:inherit;font-size:18pt;">&#160;</font></div><div style="line-height:120%;text-align:center;"><img src="diamondhillinvgroup4ca01a06.jpg" alt="diamondhillinvgroup4ca01a06.jpg" style="height:82px;width:244px;"></div><div style="line-height:120%;text-align:center;font-size:18pt;"><font style="font-family:inherit;font-size:18pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:18pt;"><font style="font-family:inherit;font-size:18pt;font-weight:bold;">DIAMOND HILL INVESTMENT GROUP, INC.</font></div><div style="line-height:120%;text-align:center;font-size:22pt;"><font style="font-family:inherit;font-size:22pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">(Exact name of registrant as specified in its charter)</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font><font style="font-family:inherit;font-size:10pt;">&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:389px;border-collapse:collapse;text-align:left;"><tr><td colspan="1"></td></tr><tr><td style="width:389px;"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td style="width:48%;"></td><td style="width:3%;"></td><td style="width:49%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Ohio</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">65-0190407</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(State of</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">incorporation)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(I.R.S. Employer</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Identification No.)</font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">325 John H. McConnell Blvd, Suite 200, Columbus, Ohio 43215</font></div><div style="line-height:120%;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(Address of principal executive offices) (Zip Code)</font></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">(614) 255-3333</font></div><div style="line-height:120%;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(Registrant&#8217;s telephone number, including area code)</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:389px;border-collapse:collapse;text-align:left;"><tr><td colspan="1"></td></tr><tr><td style="width:389px;"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Indicate by check mark whether the registrant (1)&#160;has filed all reports required to be filed by Section&#160;13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months, and (2)&#160;has been subject to such filing requirements for the past 90 days.&#160;&#160;&#160;&#160; Yes:&#160;&#160;</font><font style="font-family:Wingdings;font-size:10pt;">x</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;No:&#160;&#160;</font><font style="font-family:Wingdings;font-size:10pt;">&#168;</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).&#160;&#160;&#160;&#160; Yes&#160;&#160;</font><font style="font-family:Wingdings;font-size:10pt;">x</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;No&#160;&#160;</font><font style="font-family:Wingdings;font-size:10pt;">&#168;</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font></div><div><br></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:97.6608187134503%;border-collapse:collapse;text-align:left;"><tr><td colspan="7"></td></tr><tr><td style="width:22%;"></td><td style="width:3%;"></td><td style="width:42%;"></td><td style="width:3%;"></td><td style="width:24%;"></td><td style="width:3%;"></td><td style="width:3%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Large&#160;accelerated&#160;filer</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:Wingdings;font-size:10pt;">&#168;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accelerated&#160;filer</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:Wingdings;font-size:10pt;">x</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-accelerated filer</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><font style="font-family:Wingdings;font-size:10pt;">&#168; </font><font style="font-family:inherit;font-size:10pt;">(Do not check if a smaller reporting company)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Smaller&#160;reporting&#160;company</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:Wingdings;font-size:10pt;">&#168;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Emerging growth company</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:Wingdings;font-size:10pt;">&#168;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. </font><font style="font-family:Wingdings;font-size:10pt;">&#168;</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).&#160;&#160;&#160;&#160; Yes:&#160;&#160;</font><font style="font-family:Wingdings;font-size:10pt;">&#168;</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;No:&#160;&#160;</font><font style="font-family:Wingdings;font-size:10pt;">x</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The number of shares outstanding of the issuer&#8217;s common stock, as of </font><font style="font-family:inherit;font-size:10pt;">April&#160;26, 2017</font><font style="font-family:inherit;font-size:10pt;">, is </font><font style="font-family:inherit;font-size:10pt;">3,441,167</font><font style="font-family:inherit;font-size:10pt;">&#32;shares.</font></div><div style="line-height:120%;padding-bottom:22px;padding-top:22px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"></td></tr><tr><td style="width:100%;"></td></tr><tr><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div><br></div><hr style="page-break-after:always"><div><a name="s5722D94F43275B02BAAA8971F57B0C82"></a></div><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DIAMOND HILL INVESTMENT GROUP, INC.</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td style="width:14%;"></td><td style="width:80%;"></td><td style="width:6%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">PAGE</font></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#sB6DDDD1B86185FAC90B8F434A612B0E6"><font style="font-family:inherit;font-size:10pt;">Part I: FINANCIAL INFORMATION</font></a></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#sB6DDDD1B86185FAC90B8F434A612B0E6">3</a></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Item&#160;1.</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#sB6DDDD1B86185FAC90B8F434A612B0E6"><font style="font-family:inherit;font-size:10pt;">Consolidated Financial Statements</font></a></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#sB6DDDD1B86185FAC90B8F434A612B0E6">3</a></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Item 2.</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s09D078759D955BF5904ECA5966E97A60"><font style="font-family:inherit;font-size:10pt;">Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations</font></a></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s09D078759D955BF5904ECA5966E97A60">17</a></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Item 3.</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#sC34F41E1712C5B85892FBC3B436D6A32"><font style="font-family:inherit;font-size:10pt;">Quantitative and Qualitative Disclosures About Market Risk</font></a></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#sC34F41E1712C5B85892FBC3B436D6A32">24</a></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Item 4.</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s00289FD766A55EDB82D99735E94C68E9"><font style="font-family:inherit;font-size:10pt;">Controls and Procedures</font></a></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s00289FD766A55EDB82D99735E94C68E9">24</a></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s633ABA9AF7B15239ADCF9D1017C10048"><font style="font-family:inherit;font-size:10pt;">Part II: OTHER INFORMATION</font></a></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s633ABA9AF7B15239ADCF9D1017C10048">24</a></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Item 1.</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s8BB402B62613547CBDFD07D95CF33437"><font style="font-family:inherit;font-size:10pt;">Legal Proceedings</font></a></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s8BB402B62613547CBDFD07D95CF33437">24</a></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Item&#160;1A.</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#sFB546B92DE3C567AAF1337E828163DCA"><font style="font-family:inherit;font-size:10pt;">Risk Factors</font></a></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#sFB546B92DE3C567AAF1337E828163DCA">24</a></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Item 2.</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s1B99AF36EB685C3FB893353FBE0ECBA9"><font style="font-family:inherit;font-size:10pt;">Unregistered Sales of Equity Securities and Use of Proceeds</font></a></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s1B99AF36EB685C3FB893353FBE0ECBA9">24</a></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Item 3.</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s70F1B8DC482356E39F87E0D727A032CB"><font style="font-family:inherit;font-size:10pt;">Defaults Upon Senior Securities</font></a></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s70F1B8DC482356E39F87E0D727A032CB">25</a></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Item 4.</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s416A1B6C29BF5DEAA04FED3179E1C025"><font style="font-family:inherit;font-size:10pt;">Mine Safety Disclosures</font></a></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s416A1B6C29BF5DEAA04FED3179E1C025">25</a></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Item 5.</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#sBBCEAC45314E564EBC4D94CC881516CC"><font style="font-family:inherit;font-size:10pt;">Other Information</font></a></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#sBBCEAC45314E564EBC4D94CC881516CC">25</a></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:44px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Item 6.</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s0F646D90282D5BF39219682B6D98CAF7"><font style="font-family:inherit;font-size:10pt;">Exhibits</font></a></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s0F646D90282D5BF39219682B6D98CAF7">26</a></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s939197869B3D53A7AF2443A0D9C1D6F4"><font style="font-family:inherit;font-size:10pt;">Signatures</font></a></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s939197869B3D53A7AF2443A0D9C1D6F4">27</a></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:22px;padding-top:22px;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br></font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2</font></div></div><hr style="page-break-after:always"><div><a name="sB6DDDD1B86185FAC90B8F434A612B0E6"></a></div><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:11%;"></td><td style="width:89%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">PART&#160;I:</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">FINANCIAL INFORMATION</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:6pt;"><font style="font-family:inherit;font-size:6pt;">&#160;</font></div><div><a name="sC4738574462457299B0F6B8C73C2CB78"></a></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:11%;"></td><td style="width:89%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ITEM&#160;1:</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Consolidated Financial Statements</font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Diamond Hill Investment Group, Inc.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Consolidated Balance Sheets </font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8"></td></tr><tr><td style="width:73%;"></td><td style="width:1%;"></td><td style="width:11%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:11%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">3/31/2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">12/31/2016</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(Unaudited)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ASSETS</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash and cash equivalents</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">59,317,703</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">57,189,876</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment portfolio</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">117,424,036</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">108,015,635</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,854,644</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,605,209</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prepaid expenses</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,362,435</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,032,726</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income taxes receivable</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,111,890</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property and equipment, net of depreciation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,689,145</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,025,758</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred taxes</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,236,986</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,736,767</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">210,884,949</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">199,717,861</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">LIABILITIES AND SHAREHOLDERS&#8217; EQUITY</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Liabilities</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts payable and accrued expenses</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,535,053</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,787,048</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued incentive compensation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,487,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,683,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred compensation</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,683,617</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,182,470</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;padding-left:24px;text-indent:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income taxes payable</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,885,599</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37,591,269</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">46,653,018</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Redeemable noncontrolling interest</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,218,344</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,840,688</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shareholders&#8217; equity</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Common stock, no par value&#160;7,000,000 shares authorized;&#160;3,443,013 issued and outstanding at March 31, 2017 (inclusive of  201,750 unvested shares);&#160;3,411,556 issued and outstanding at December 31, 2016 (inclusive of 201,800 unvested shares)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">114,459,766</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">109,293,803</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Preferred stock, undesignated, 1,000,000 shares&#160;authorized and unissued</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred equity compensation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(17,799,783</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(17,728,106</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Retained earnings</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">60,415,353</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,658,458</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total shareholders&#8217; equity</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">157,075,336</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">139,224,155</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total liabilities and shareholders&#8217; equity</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">210,884,949</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">199,717,861</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Book value per share</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45.62</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">40.81</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying notes are an integral part of these consolidated financial statements.</font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></div><hr style="page-break-after:always"><div><a name="sE8ABDA22A0C95E01A46A4BEEBBAB503B"></a></div><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Diamond Hill Investment Group, Inc.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Consolidated Statements of Income (unaudited)</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8"></td></tr><tr><td style="width:73%;"></td><td style="width:1%;"></td><td style="width:11%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:11%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Three Months Ended&#160;<br>&#160;March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">REVENUES:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment advisory</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31,833,471</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26,686,785</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mutual fund administration, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,300,658</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,770,705</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total revenue</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,134,129</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,457,490</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">OPERATING EXPENSES:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Compensation and related costs</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,679,149</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,398,708</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">General and administrative</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,488,115</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,485,161</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Sales and marketing</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,129,719</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">993,122</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mutual fund administration</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,000,616</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">876,066</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total operating expenses</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19,297,599</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,753,057</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NET OPERATING INCOME</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,836,530</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,704,433</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment income, net</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,786,188</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">747,222</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">INCOME BEFORE TAXES</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19,622,718</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,451,655</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax expense</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(6,497,270</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,171,776</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NET INCOME</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,125,448</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,279,879</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: Net income attributable to redeemable noncontrolling interest</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(368,553</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(14,216</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,756,895</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,265,663</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earnings per share attributable to common shareholders</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.72</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.73</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.71</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.73</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted average shares outstanding</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,428,888</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,388,743</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,435,329</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,393,396</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying notes are an integral part of these consolidated financial statements.</font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4</font></div></div><hr style="page-break-after:always"><div><a name="s400D53104E7F5C84B8F19BF312099CD1"></a></div><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Diamond Hill Investment Group, Inc.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Consolidated Statements of Shareholders&#8217; Equity and Redeemable Noncontrolling Interest (unaudited)</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="23"></td></tr><tr><td style="width:28%;"></td><td style="width:10%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:10%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:9%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:9%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:9%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:9%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Shares</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Outstanding</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Common</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Stock</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Deferred Equity</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Compensation</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Retained </font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Earnings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Redeemable Noncontrolling Interest</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Balance at December&#160;31, 2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,411,556</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">109,293,803</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(17,728,106</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">47,658,458</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">139,224,155</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">13,840,688</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Issuance of restricted stock grants</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">15,200</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,735,326</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(1,735,326</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Amortization of restricted stock grants</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,578,824</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,578,824</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Issuance of stock grants</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">19,219</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,892,424</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,892,424</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Issuance of common stock related to 401k plan match</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2,076</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">419,958</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">419,958</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Shares withheld related to employee tax withholding</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(3,788</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(796,920</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(796,920</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Forfeiture of restricted stock grants</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(1,250</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(84,825</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">84,825</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Net income</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">12,756,895</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">12,756,895</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">368,553</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Net subscriptions of consolidated funds </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2,009,103</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Balance at March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,443,013</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">114,459,766</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(17,799,783</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">60,415,353</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">157,075,336</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">16,218,344</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying notes are an integral part of these consolidated financial statements.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5</font></div></div><hr style="page-break-after:always"><div><a name="sA72C1DBBD1AA5B0AAC796856DA1E1D80"></a></div><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Diamond Hill Investment Group, Inc.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Consolidated Statements of Cash Flows (unaudited)</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8"></td></tr><tr><td style="width:77%;"></td><td style="width:1%;"></td><td style="width:9%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:9%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Three Months Ended&#160;<br>&#160;March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CASH FLOWS FROM OPERATING ACTIVITIES:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net Income</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,125,448</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,279,879</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Adjustments to reconcile net income to net cash&#160;provided by (used in) operating activities:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Depreciation</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">217,748</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">162,378</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Share-based compensation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,998,782</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,067,099</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Increase)/decrease in accounts receivable</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(249,435</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,865,257</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Change in current income taxes</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,997,489</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">937,839</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Change in deferred income taxes</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(500,219</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(155,206</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net gains on investments</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,392,620</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(703,399</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net change in trading securities held by Consolidated Funds </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,310,800</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Decrease in accrued incentive compensation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(12,304,076</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13,478,069</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Increase in deferred compensation</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,501,147</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,283,490</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Excess income tax benefit from share-based compensation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(4,303,621</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax benefit from dividends paid on restricted stock</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(925,000</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other changes in assets and liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,832,863</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,056,871</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:84px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net cash provided by (used in) operating activities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,250,601</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(4,026,224</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CASH FLOWS FROM INVESTING ACTIVITIES:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Purchase of property and equipment</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(67,315</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(106,654</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Purchase of Company sponsored investments</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(6,060,665</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(6,133,800</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Proceeds from sale of Company sponsored investments</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,124,308</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,500,000</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:84px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net cash provided by (used in) investing activities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,003,672</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">259,546</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CASH FLOWS FROM FINANCING ACTIVITIES:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Value of shares withheld related to employee tax withholding</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(796,920</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,774,006</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Excess income tax benefit from share-based compensation</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,303,621</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax benefit from dividends paid on restricted stock</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">925,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net subscriptions received from (redemptions and distributions paid to) redeemable noncontrolling interest holders</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">677,818</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(825,060</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:84px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net cash used in financing activities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(119,102</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(4,370,445</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CASH AND CASH EQUIVALENTS</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net change during the period</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,127,827</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,137,123</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At beginning of period</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">57,189,876</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">57,474,777</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At end of period</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">59,317,703</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49,337,654</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Supplemental cash flow information:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income taxes paid</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,389,143</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Supplemental disclosure of non-cash transactions:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Common stock issued as incentive compensation</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,892,424</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,879,431</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Charitable donation of corporate investments and property and equipment</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,748,841</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,729,735</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cumulative-effect adjustment from the adoption of ASU 2015-02 (Note 2)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,031,756</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net issuance of ETF shares for marketable securities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,351,436</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,077,565</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying notes are an integral part of these consolidated financial statements.</font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6</font></div></div><hr style="page-break-after:always"><div><a name="sF0F62C71296E5B29860AFD034E2EF9D4"></a></div><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Diamond Hill Investment Group, Inc.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Notes to Consolidated Financial Statements (unaudited)</font></div><div><a name="s15D652FD41FD52AE8C07FA2B4A41DDA4"></a></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Note 1 </font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Business and Organization</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diamond Hill Investment Group, Inc. (the "Company"), an Ohio corporation, derives its consolidated revenues and net income from investment advisory and fund administration services. </font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diamond Hill Capital Management, Inc. ("DHCM"), an Ohio corporation, is a wholly owned subsidiary of the Company and a registered investment adviser. DHCM is the investment adviser to the Diamond Hill Funds (the "Funds"), a series of open-end mutual funds, private investment funds ("Private Funds"), an exchange traded fund (the "ETF"), and other institutional accounts. In addition, DHCM is administrator for the Funds.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Beacon Hill Fund Services, Inc. (&#8220;BHFS&#8221;) and BHIL Distributors, Inc. (&#8220;BHIL&#8221;), collectively operated as "Beacon Hill," were operating subsidiaries of the Company. The Company sold Beacon Hill on July 31, 2016. Prior to the sale, Beacon Hill provided compliance, treasury, underwriting and other fund administration services to investment advisers and mutual funds.</font></div><div><a name="sA0BE1CE80A18564F9D81D84BE906E0D6"></a></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Note 2 </font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Significant Accounting Policies</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Basis of Presentation</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited condensed consolidated financial statements as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, and for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;month periods ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, for Diamond Hill Investment Group, Inc. and its subsidiaries (referred to in these notes to the condensed consolidated financial statements as "the Company," "management," "we," "us," and "our") have been prepared in accordance with United States generally accepted accounting principles ("GAAP") and with the instructions to Form 10-Q and Article 10 of the Securities and Exchange Commission ("SEC") Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements.  In the opinion of management, all adjustments, consisting of normal recurring accruals, considered necessary for a fair statement of the financial condition and results of operations at the dates and for the interim periods presented, have been included.  The results of operations for any interim period are not necessarily indicative of the results of operations to be expected for any full fiscal year.  These unaudited condensed consolidated financial statements and footnotes should be read in conjunction with the audited consolidated financial statements of the Company included in the Company's Annual Report on Form 10-K for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">&#32;("</font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">&#32;Annual Report") as filed with the SEC.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Use of Estimates</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the condensed consolidated financial statements in conformity with GAAP requires management of the Company to make estimates and assumptions related to the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period.  Actual results could differ from those estimates.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Reclassification</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts and disclosures may have been reclassified to conform to the current period's financial presentation.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Principles of Consolidation</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying consolidated financial statements include the operations of the Company and its controlled subsidiaries.  All  inter-company transactions and balances have been eliminated in consolidation.  </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company holds certain investments in the Funds and the ETF we advise for general corporate investment purposes and to provide seed capital for newly formed strategies or to add capital to existing strategies.  The Funds are organized in a series fund structure in which there are multiple mutual funds within one Trust.  The Trust is an open-end investment company registered under the Investment Company Act of 1940, as amended (the"1940 Act").  The ETF we advise is an individual series of ETF Series Solutions which is also an open-end investment company registered under the 1940 Act.  Each of the individual mutual funds and the ETF represent a separate share class of a legal entity organized under the Trust.  As of January 1, 2016, the Company adopted </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">ASU 2015-02 - Consolidation (Topic 810): Amendments to the Consolidation Analysis ("ASU 2015-02") </font><font style="font-family:inherit;font-size:10pt;">and we have performed our analysis at the individual mutual fund and ETF level and have concluded the mutual funds and ETF </font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7</font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">are voting rights entities ("VREs").  The Company has concluded that the mutual funds and the ETF are VREs because the structure of the investment product is such that the shareholders are deemed to have the power through voting rights to direct the activities that most significantly impact the entity's economic performance.  To the extent material, these investment products are consolidated if Company ownership, directly or indirectly, represents a majority interest (greater than 50%).  The Company records redeemable noncontrolling interests in consolidated investments for which the Company's ownership is less than 100%.  The Company has consolidated the ETF and one of our individual mutual funds (collectively the "Consolidated Funds") as our ownership was greater than 50% in each.  </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM is the managing member of Diamond Hill General Partner, LLC (the &#8220;General Partner&#8221;), the general partner of Diamond Hill Investment Partners, L.P. (&#8220;DHIP&#8221;), Diamond Hill Global Fund, L.P. ("DHGF"), and Diamond Hill International Equity Fund, L.P. ("DHIEF"), each a limited partnership (collectively, the "Partnerships" or &#8220;LPs&#8221;) whose underlying assets consist primarily of marketable securities.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM is wholly owned by the Company and is consolidated by us.  Further, DHCM, through its control of the General Partner, has the power to direct each LP&#8217;s economic activities and the right to receive investment advisory fees that may be significant to the LPs.  </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company concluded we did not have a variable interest in DHIP as the fees paid to the General Partner are considered to contain customary terms and conditions as found in the market for similar products and the Company has no equity ownership in DHIP.  </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company concluded DHGF and DHIEF were variable interest entities ("VIEs") as DHCM has disproportionately less voting interests than economic interests in each LP, yet the limited partners have full power to remove the Company as the General Partner due to the existence of substantive kick-out rights.  In addition, substantially all of the LPs' activities are conducted on behalf of the General Partner which has disproportionately few voting rights.  The Company concluded we are not the primary beneficiary of DHGF or DHIEF  as we lack the power to control the entities due to the existence of single-party kick-out rights where the limited partners have the unilateral ability to remove the General Partner without cause. DHCM&#8217;s investment in DHGF and DHIEF is reported as a component of the Company&#8217;s investment portfolio, valued at DHCM&#8217;s proportionate interest in the net asset value ("NAV") of each LP. </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The LPs are not subject to lock-up periods and can be redeemed on demand. Gains and losses attributable to changes in the value of DHCM&#8217;s interests in the LPs are included in the Company&#8217;s reported investment income. The Company&#8217;s exposure to loss as a result of its involvement with the LPs is limited to the amount of its investments. DHCM is not obligated to provide, and has not provided, financial or other support to the LPs, other than its investments to date and its contractually provided investment advisory responsibilities. The Company has not provided liquidity arrangements, guarantees or other commitments to support the LPs&#8217; operations, and the LPs&#8217; creditors and interest holders have no recourse to the general credit of the Company.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain board members, officers and employees of the Company invest in the LPs and are not subject to a management fee or an incentive fee. These individuals receive no remuneration as a result of their personal investment in the LPs. The capital of the General Partner is not subject to a management fee or an incentive fee.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Redeemable Noncontrolling Interest</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Redeemable noncontrolling interest represents third-party interests in the Consolidated Funds.  This interest is redeemable at the option of the investors and therefore is not treated as permanent equity.  Redeemable noncontrolling interest is remeasured at redemption value which approximates the fair value each reporting period.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Segment Information</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Management has determined that the Company operates in </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;">&#32;business segment, providing investment management and administration services to mutual funds, institutional accounts, and private investment funds. Therefore, no disclosures relating to operating segments are presented in the Company's annual or interim financial statements.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Cash and Cash Equivalents</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash and cash equivalents include demand deposits and money market mutual funds.</font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8</font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Accounts Receivable</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable are recorded when they are due and are presented on the balance sheet net of any allowance for doubtful accounts. Accounts receivable are written off when they are determined to be uncollectible. Any allowance for doubtful accounts is estimated based on the Company&#8217;s historical losses, existing conditions in the industry, and the financial stability of those individuals or entities that owe the receivable.  </font><font style="font-family:inherit;font-size:10pt;">No</font><font style="font-family:inherit;font-size:10pt;">&#32;allowance for doubtful accounts was deemed necessary at </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;or </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">.  Accounts receivable from the Funds were </font><font style="font-family:inherit;font-size:10pt;">$10.9 million</font><font style="font-family:inherit;font-size:10pt;">&#32;as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">$10.4 million</font><font style="font-family:inherit;font-size:10pt;">&#32;as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Investments</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Management determines the appropriate classification of its investments at the time of purchase and re-evaluates its determination at each reporting period.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investments classified as trading represent investments in the Funds we advise where the Company has neither control nor the ability to exercise significant influence as well as securities held in the Consolidated Funds.  These investments are measured at fair value based on quoted market prices.  Unrealized gains and losses are recorded as investment income (loss) in the Company's consolidated statements of income.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investments classified as equity method investments represent investments in which the Company owns between 20-50% of the outstanding voting interests in the entity or when it is determined that the Company is able to exercise significant influence but not control over the investments.  When using the equity method, the Company recognizes its respective share of the investee's net income or loss for the period which is recorded as investment income in the Company's consolidated statements of income.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Valuation of Investment Portfolio</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounting Standards Codification Topic 820, Fair Value Measurement ("ASC 820") specifies a hierarchy of valuation classifications based on whether the inputs to the valuation techniques used in each valuation classification are observable or unobservable.  These classifications are summarized in the three broad levels listed below:</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 1 - Unadjusted quoted prices for identical instruments in active markets.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 2 - Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-driven valuations in which all significant inputs are observable.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 3 - Valuations derived from techniques in which significant inputs are unobservable.  </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Inputs used to measure fair value might fall in different levels of the fair value hierarchy, in which case the Company defaults to the lowest level input that is significant to the fair value measurement in its entirety.  These levels are not necessarily an indication of the risk or liquidity associated with investments. The following table summarizes our investments that are recognized in our consolidated balance sheet using fair value measurements determined based upon the differing levels of inputs as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13"></td></tr><tr><td style="width:52%;"></td><td style="width:1%;"></td><td style="width:10%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:10%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:10%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:10%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Level 1</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Level 2</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Level 3</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash equivalents </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">58,101,003</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">58,101,003</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Trading Investments</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;&#160;Securities held in Consolidated Funds</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(a) </sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19,273,313</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,179,502</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,452,815</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;&#160;Company sponsored investments</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,459,664</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,459,664</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred compensation investments</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,683,617</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,683,617</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(a) Of the equity interests in the Consolidated Funds as of </font><font style="font-family:inherit;font-size:9pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:9pt;">, </font><font style="font-family:inherit;font-size:9pt;">$43.9 million</font><font style="font-family:inherit;font-size:9pt;">&#32;were held directly by the Company and </font><font style="font-family:inherit;font-size:9pt;">$17.6 million</font><font style="font-family:inherit;font-size:9pt;">&#32;were held by noncontrolling shareholders.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 1 investments are all registered investment companies (mutual funds) or equity securities held in the Consolidated Funds and include, as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$58.1 million</font><font style="font-family:inherit;font-size:10pt;">&#32;of investments in money market mutual funds that the Company classifies as cash equivalents. </font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9</font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 2 investments are comprised of investments in debt securities, which are valued by an independent pricing service using pricing techniques which take into account factors such as trading activity, readily available market quotations, yield, quality, coupon rate, maturity, type of issue, trading characteristics, call features, credit rates and other observable inputs. </font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company determines transfers between fair value hierarchy levels at the end of the reporting period. There were </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;">&#32;transfers in or out of the levels during the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Changes in fair values of the investments are recorded in the Company's consolidated statements of income as investment income (loss).</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Property and Equipment</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property and equipment, consisting of leasehold improvements, computer equipment, furniture, and fixtures, are carried at cost less accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated lives of the assets.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Revenue Recognition &#8211; General</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company earns substantially all of its revenue from investment advisory and fund administration services. Investment advisory and administration fees, generally calculated as a percentage of assets under management ("AUM"), are recorded as revenue as services are performed. In addition to fixed fees based on a percentage of AUM, certain client accounts also provide periodic variable fees. Investment advisory revenue from the Funds was </font><font style="font-family:inherit;font-size:10pt;">$24.9 million</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">$20.3 million</font><font style="font-family:inherit;font-size:10pt;">&#32;for the </font><font style="font-family:inherit;font-size:10pt;">three months ended March 31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Revenue Recognition &#8211; Variable Fees</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company manages certain client accounts that provide for variable fees. These fees are calculated based on client investment results over rolling </font><font style="font-family:inherit;font-size:10pt;">five</font><font style="font-family:inherit;font-size:10pt;">-year periods.  The Company records variable fees at the end of the contract measurement period.  No variable fees were earned during the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;or </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">. The table below shows AUM subject to variable fees and the amount of variable fees that would be recognized based upon current investment results as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7"></td></tr><tr><td style="width:58%;"></td><td style="width:1%;"></td><td style="width:19%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:19%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">As of March&#160;31, 2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">AUM subject to variable fees</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Unearned variable fees</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contractual Period Ends:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended December 31, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100,372,212</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">650,510</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended September 30, 2019</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,309,551</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">481,397</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended March 31, 2020</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,957,815</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended September 30, 2021</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">246,450,605</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">860,314</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">391,090,183</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,992,221</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The contractual end dates highlight the time remaining until the variable fees are scheduled to be earned.  The amount of variable fees that would be recognized based upon investment results as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;will increase or decrease based on future client investment results through the contractual period end.  There can be no assurance that the unearned amounts will ultimately be earned.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Revenue Recognition &#8211; Mutual Fund Administration</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM has an administrative and transfer agency services agreement with the Funds under which DHCM performs certain services for each Fund. These services include mutual fund administration, fund accounting, transfer agency and other related functions. For performing these services each Fund pays DHCM a fee, which is calculated using an annual rate times the average daily net assets of each respective share class. </font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Funds have selected and contractually engaged certain vendors to fulfill various services to benefit the Funds&#8217; shareholders or to satisfy regulatory requirements of the Funds. These services include, among others, required shareholder mailings, federal and state registrations, and legal and audit services. DHCM, in fulfilling a portion of its role under the administration agreement with the Funds, acts as agent to pay these obligations of the Funds. Each vendor is independently responsible for fulfillment of </font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10</font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">the services it has been engaged to provide and negotiates fees and terms with the management and board of trustees of the Funds. The fee that each Fund pays to DHCM is reviewed annually by the Funds&#8217; board of trustees and specifically takes into account the contractual expenses that DHCM pays on behalf of the Funds. As a result, DHCM is not involved in the delivery or pricing of these services and bears no risk related to these services. Revenue has been recorded net of these Fund related expenses, in accordance with FASB ASC 605-45, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue Recognition &#8211; Principal Agent Considerations</font><font style="font-family:inherit;font-size:10pt;">. In addition, DHCM advances the upfront commissions that are paid to brokers who sell Class C shares of the Funds.  These advances are capitalized and amortized over </font><font style="font-family:inherit;font-size:10pt;">12 months</font><font style="font-family:inherit;font-size:10pt;">&#32;to correspond with the repayments DHCM receives from the principal underwriter to recoup this commission advancement.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior to the sale of Beacon Hill, the Company, through Beacon Hill, had underwriting and administrative service agreements with certain clients, including registered mutual funds. The fee arrangements varied from client to client based upon services provided and have been recorded as revenue under mutual fund administration on the Company's consolidated statements of income. Part of Beacon Hill&#8217;s role as underwriter was to act as an agent on behalf of its mutual fund clients to receive 12b-1/service fees and commission revenue and facilitate the payment of those fees and commissions to third parties who provide services to the funds and their shareholders. The majority of 12b-1/service fees were paid to independent third parties and the remainder were retained by the Company as reimbursement for expenses the Company had incurred. The amounts of 12b-1/service fees and commissions were determined by each mutual fund client, and Beacon Hill bore no financial risk related to these services. As a result, 12b-1/service fees and commission revenue was recorded net of the expense payments to third parties, in accordance with the appropriate accounting treatment for this agency relationship. </font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mutual fund administration gross and net revenue are summarized below:</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8"></td></tr><tr><td style="width:75%;"></td><td style="width:1%;"></td><td style="width:10%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:10%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Three Months Ended&#160;<br>&#160;March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mutual fund administration:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Administration revenue, gross</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,436,359</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,760,870</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12b-1/service fees and commission revenue received from fund clients</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,625,391</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12b-1/service fees and commission expense payments to third parties</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,328,490</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fund related expense</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,148,951</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,268,063</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenue, net of related expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,287,408</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,789,708</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM C-Share financing:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Broker commission advance repayments</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">113,470</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">193,310</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Broker commission amortization</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(100,220</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(212,313</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financing activity, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,250</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(19,003</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mutual fund administration revenue, net</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,300,658</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,770,705</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mutual fund administrative net revenue from the Funds was </font><font style="font-family:inherit;font-size:10pt;">$3.3 million</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">$2.7 million</font><font style="font-family:inherit;font-size:10pt;">&#32;for the </font><font style="font-family:inherit;font-size:10pt;">three months ended March 31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Income Taxes</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company accounts for current and deferred income taxes through an asset and liability approach. Deferred tax assets are recognized for deductible temporary differences and deferred tax liabilities are recognized for taxable temporary differences. Deferred tax assets are reduced by a valuation allowance when it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company is subject to examination by federal and applicable state and local jurisdictions for various tax periods. The Company&#8217;s income tax positions are based on research and interpretations of the income tax laws and rulings in each of the jurisdictions in which it does business. Due to the subjectivity of interpretations of laws and rulings in each jurisdiction, the differences and interplay in tax laws among those jurisdictions, as well as the inherent uncertainty in estimating the final resolution of complex tax audit matters, the Company&#8217;s estimates of income tax liabilities may differ from actual payments or </font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11</font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">assessments. The Company regularly assesses its position with regard to tax exposures and records liabilities for these uncertain tax positions and related interest and penalties, if any, according to the principles of FASB ASC 740, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Taxes</font><font style="font-family:inherit;font-size:10pt;">. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company had not recorded any liability for uncertain tax positions. The Company records interest and penalties, if any, within income tax expense on the income statement. </font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Earnings Per Share</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic earnings per share (&#8220;EPS&#8221;) excludes dilution and is computed by dividing net income by the weighted average number of Common Shares outstanding for the period, which includes participating securities.  Diluted EPS reflects the potential dilution of EPS due to unvested restricted stock units.  See </font><font style="font-family:inherit;font-size:10pt;">Note 8</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Recently Issued Accounting Standards</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, "Revenue from Contracts with Customers", which supersedes existing accounting standards for revenue recognition and creates a single framework. ASU 2014-09 requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers.  This standard also specifies the accounting for certain costs to obtain or fulfill a contract with a customer.  This ASU will supersede much of the existing revenue recognition guidance in GAAP and is effective for fiscal years beginning after December 15, 2017, including interim periods within that reporting period, and requires either a retrospective or a modified retrospective approach to adoption.  Early application is permitted for the first interim period within annual reporting periods beginning after December 15, 2016.  The Company is currently assessing the impact of this standard on its consolidated financial statements and related disclosures, as well as the transition methods.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued ASU 2016-02, "Leases", which, among other things, requires lessees to recognize most leases on-balance sheet.  This will increase their reported assets and liabilities - in some cases significantly.  Lessor accounting remains substantially similar to current GAAP.  ASU 2016-02 supersedes Topic 840,</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">&#32;Leases</font><font style="font-family:inherit;font-size:10pt;">.  ASU 2016-02 is effective for annual and interim periods in fiscal years beginning after December 15, 2018.  ASU 2016-02 mandates a modified retrospective transition method for all entities.  The Company is currently assessing the impact of this standard on its consolidated financial statements and related disclosures.</font></div><div><a name="s36765C72C63C54F1BE0AE0ADD4BF80AD"></a></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Note 3</font><font style="font-family:inherit;font-size:10pt;">&#32;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Investment Portfolio</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company held investments (excluding money market funds, which are included with cash and cash equivalents) worth </font><font style="font-family:inherit;font-size:10pt;">$117.4 million</font><font style="font-family:inherit;font-size:10pt;">. The following table summarizes the carrying value of these investments as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7"></td></tr><tr><td style="width:70%;"></td><td style="width:1%;"></td><td style="width:13%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:13%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">As of</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Trading investments:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Securities held in Consolidated Funds</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(a) </sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,452,815</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">57,355,471</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Company sponsored investments</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,459,664</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,245</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Company sponsored equity method investments</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,827,940</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,457,449</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred compensation investments</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,683,617</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,182,470</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Investment portfolio</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">117,424,036</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">108,015,635</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(a) Of the securities held in the Consolidated Funds as of </font><font style="font-family:inherit;font-size:9pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:9pt;">, </font><font style="font-family:inherit;font-size:9pt;">$43.9 million</font><font style="font-family:inherit;font-size:9pt;">&#32;were held directly by the Company and </font><font style="font-family:inherit;font-size:9pt;">$17.6 million</font><font style="font-family:inherit;font-size:9pt;">&#32;were held by noncontrolling shareholders. Of the securities held in the Consolidated Funds as of </font><font style="font-family:inherit;font-size:9pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:9pt;">, </font><font style="font-family:inherit;font-size:9pt;">$42.6 million</font><font style="font-family:inherit;font-size:9pt;">&#32;were held directly by the Company and </font><font style="font-family:inherit;font-size:9pt;">$14.7 million</font><font style="font-family:inherit;font-size:9pt;">&#32;were held by noncontrolling shareholders.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The deferred compensation investments above consist of Diamond Hill Funds and relate to deferred compensation liabilities from both deferred compensation plans (refer to </font><font style="font-family:inherit;font-size:10pt;">Note 5</font><font style="font-family:inherit;font-size:10pt;">).  As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, trading investments and equity method investments held in deferred compensation investments were </font><font style="font-family:inherit;font-size:10pt;">$12.8 million</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">$5.9 million</font><font style="font-family:inherit;font-size:10pt;">, respectively.  As of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, trading investments and equity method investments held in the deferred compensation investments were </font><font style="font-family:inherit;font-size:10pt;">$9.3 million</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">$4.9 million</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12</font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, our equity method investees consisted of the Diamond Hill Mid Cap Fund, the Diamond Hill Research Opportunities Fund, DHGF, and DHIEF and our ownership percentages in these funds were </font><font style="font-family:inherit;font-size:10pt;">23%</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">22%</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">95%</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">30%</font><font style="font-family:inherit;font-size:10pt;">, respectively.  The Company's equity method investments consist of cash, marketable equity securities and fixed income securities.  The following table includes the condensed summary financial information from the Company's equity method investments as of and for the period ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7"></td></tr><tr><td style="width:66%;"></td><td style="width:1%;"></td><td style="width:15%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:15%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">As of</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">200,584,608</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">189,819,824</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45,863,330</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45,931,979</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">154,721,278</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">143,887,845</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM's portion of net assets</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,711,852</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">41,338,406</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">For the Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment income</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">458,399</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">355,853</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">370,393</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">62,226</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net realized gains (losses)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,299,286</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(95,785</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net change in unrealized appreciation/depreciation</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,921,247</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,104,266</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,308,539</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,302,108</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM's portion of net income</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,416,849</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">646,565</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div><a name="s9427DAF9600754BB9205F297B5326175"></a></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Note 4 </font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Line of Credit</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has an uncommitted Line of Credit Agreement (the "Credit Agreement") with a commercial bank that matures in November of 2017 and permits the Company to borrow up to </font><font style="font-family:inherit;font-size:10pt;">$25.0 million</font><font style="font-family:inherit;font-size:10pt;">.  Borrowings under the Credit Agreement bear interest at a rate equal to LIBOR plus </font><font style="font-family:inherit;font-size:10pt;">1.50%</font><font style="font-family:inherit;font-size:10pt;">.  The Company has not borrowed under the Credit Agreement as of and for the period ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">.  </font><font style="font-family:inherit;font-size:10pt;">No</font><font style="font-family:inherit;font-size:10pt;">&#32;interest is payable on the unused portion of the Credit Agreement.  </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The proceeds of the Credit Agreement may be used by the Company and its subsidiaries for ongoing working capital needs, to seed new investment strategies and other general corporate purposes.  The Credit Agreement contains representations, warranties and covenants that are customary for agreements of this type.</font></div><div><a name="sF50C17DE9161523A8C928D8F15CB9471"></a></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Note 5</font><font style="font-family:inherit;font-size:10pt;">&#32;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Compensation Plans</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Share-Based Payment Transactions</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company issues restricted stock units and restricted stock awards (collectively, "Restricted Stock") under the 2014 Equity and Cash Incentive Plan ("2014 Plan"). Restricted stock units represent shares which may be issued in the future, whereas restricted stock awards represent common shares issued and outstanding upon grant subject to vesting restrictions. The following table represents a roll-forward of outstanding Restricted Stock and related activity during the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7"></td></tr><tr><td style="width:72%;"></td><td style="width:10%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:14%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Shares</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Weighted-Average</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Grant Date Price</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">per Share</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding Restricted Stock as of December&#160;31, 2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">223,800</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">132.96</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Grants issued</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,700</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">199.46</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Grants vested</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(14,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">126.38</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Grants forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,250</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">67.86</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Outstanding Restricted Stock as of March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">217,250</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">136.42</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, there were </font><font style="font-family:inherit;font-size:10pt;">383,177</font><font style="font-family:inherit;font-size:10pt;">&#32;Common Shares available for awards under the 2014 Plan.</font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13</font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total deferred compensation related to unvested Restricted Stock grants was </font><font style="font-family:inherit;font-size:10pt;">$17.8 million</font><font style="font-family:inherit;font-size:10pt;">&#32;as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. Compensation expense related to Restricted Stock grants is calculated based upon the fair market value of the common shares on grant date.  The Company's policy is to adjust compensation expense for forfeitures as they occur. The recognition of compensation expense related to deferred compensation over the remaining vesting periods is as follows:</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="27"></td></tr><tr><td style="width:1%;"></td><td style="width:8%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td></tr><tr><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Nine Months&#160;<br>&#160;Remaining In</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td></tr><tr><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2021</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Thereafter</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,845,782</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,773,030</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,036,576</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,364,048</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">872,849</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">907,498</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,799,783</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Stock Grant Transactions</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table represents stock issued as part of our incentive compensation program during the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-top:6px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:58.86939571150097%;border-collapse:collapse;text-align:left;"><tr><td colspan="7"></td></tr><tr><td style="width:45%;"></td><td style="width:26%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:25%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shares Issued</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Grant Date Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March 31, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19,219</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,892,424</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,940</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,879,431</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Deferred Compensation Plans</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company offers two deferred compensation plans, the Diamond Hill Fixed Term Deferred Compensation Plan and the Diamond Hill Variable Term Deferred Compensation Plan (collectively the &#8220;Plans&#8221;), to its named executive officers and certain other employees. Under the Plans, participants may elect to voluntarily defer, for a minimum of </font><font style="font-family:inherit;font-size:10pt;">five</font><font style="font-family:inherit;font-size:10pt;">&#32;years, certain incentive compensation, which the Company then contributes into the Plans. Each participant is responsible for designating investment options for assets they contribute, and the distribution paid to each participant reflects any gains or losses on the assets realized while in the Plans. Assets held in the Plans are included in the Company&#8217;s investment portfolio, and the associated obligation to participants is included in deferred compensation liability. Assets held in the Plans are recorded at fair value. Deferred compensation liability was </font><font style="font-family:inherit;font-size:10pt;">$18.7 million</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">$14.2 million</font><font style="font-family:inherit;font-size:10pt;">&#32;as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div><a name="s4BAAEDD4A1F655749F607209AB458911"></a></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Note 6 </font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Operating Leases</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company currently leases office space of approximately </font><font style="font-family:inherit;font-size:10pt;">37,829</font><font style="font-family:inherit;font-size:10pt;">&#32;square feet at </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;">&#32;location. The following table summarizes the total lease and operating expenses for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8"></td></tr><tr><td style="width:73%;"></td><td style="width:1%;"></td><td style="width:11%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:11%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, <br>2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, <br>2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">231,463</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">227,349</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The approximate future minimum lease payments under the operating lease are as follows:</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="27"></td></tr><tr><td style="width:1%;"></td><td style="width:8%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td></tr><tr><td colspan="27" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Future Minimum Lease Payments</font></div></td></tr><tr><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Nine Months&#160;<br>&#160;Remaining In</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2021</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Thereafter</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">439,762</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">586,350</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">595,807</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">624,179</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">624,179</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,716,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,586,277</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition to the above lease payments, the Company is also responsible for normal operating expenses of the property. Such operating expenses were approximately </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;">&#32;in </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, and are expected to be the same in </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14</font></div></div><hr style="page-break-after:always"><div><a name="s2086104D7E975138B5E9FDE128A60D31"></a></div><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Note 7 </font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Income Taxes</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has determined its interim tax provision projecting an estimated annual effective tax rate. For the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company recorded income tax expense of </font><font style="font-family:inherit;font-size:10pt;">$6.5 million</font><font style="font-family:inherit;font-size:10pt;">, yielding an effective tax rate of  </font><font style="font-family:inherit;font-size:10pt;">33.1%</font><font style="font-family:inherit;font-size:10pt;">.  The effective tax rate of </font><font style="font-family:inherit;font-size:10pt;">33.1%</font><font style="font-family:inherit;font-size:10pt;">&#32;differed from the federal statutory tax rate of </font><font style="font-family:inherit;font-size:10pt;">35%</font><font style="font-family:inherit;font-size:10pt;">&#32;due primarily to </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;">&#32;of excess tax benefits from the vesting of stock awards as well as a </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;">&#32;tax benefit related to a charitable donation of appreciated securities previously held in our investment portfolio.  The tax benefits were partially offset by the additional income tax expense recorded in the state and city jurisdictions in which we do business.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company implemented ASU 2016-09, "Improvements to Employee Share-Based Payment Accounting" on January 1, 2017.  As of January 1, 2017, any excess tax benefits or deficiences from the vesting of stock awards are recognized through the income tax provision as opposed to common stock.  For Restricted Stock, the Company receives an excess income tax benefit calculated as the tax effect of the difference between the fair market value of the stock at the time of grant and vesting.  The Company also records tax benefits on dividends paid on Restricted Stock.  This change is required to be applied prospectively to all excess tax benefits and tax deficiencies after the date of adoption of the ASU.  No adjustment is recorded for any windfall benefits previously recorded in common stock.  In addition, all tax-related cash flows resulting from share-based payments will be reported as operating activities in the statement of cash flows under the new guidance, rather than the prior requirement to present windfall tax benefits as an inflow from financing activities and an outflow from operating activities.  The Company has elected to adopt this change in cash flow presentation prospectively after the date of adoption of the ASU.</font></div><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the&#160;</font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#160;months ended&#160;</font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company recorded income tax expense of&#160;</font><font style="font-family:inherit;font-size:10pt;">$5.2 million</font><font style="font-family:inherit;font-size:10pt;">, yielding an effective tax rate of&#160;</font><font style="font-family:inherit;font-size:10pt;">35.8%</font><font style="font-family:inherit;font-size:10pt;">. The effective tax rate of&#160;</font><font style="font-family:inherit;font-size:10pt;">35.8%</font><font style="font-family:inherit;font-size:10pt;">&#160;differed from the federal statutory tax rate of&#160;</font><font style="font-family:inherit;font-size:10pt;">35%</font><font style="font-family:inherit;font-size:10pt;">&#160;due primarily to the additional income tax expense recorded in the state and city jurisdictions in which we do business, which was partially offset by a </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;">&#32;tax benefit related to a charitable donation of appreciated securities previously held in our investment portfolio. The Company had net tax benefits from equity awards of </font><font style="font-family:inherit;font-size:10pt;">$5.2 million</font><font style="font-family:inherit;font-size:10pt;">&#32;for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">,  which was reflected as an increase in equity.</font></div><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The net temporary differences incurred to date will reverse in future periods as the Company generates taxable earnings. The Company believes it is more likely than not that the results of future operations will generate sufficient taxable income to realize the net deferred tax assets recorded. The Company records a valuation allowance when it is more likely than not that some portion or all of the deferred tax assets will not be realized. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, no valuation allowance was deemed necessary.</font></div><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">FASB ASC 740, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Taxes</font><font style="font-family:inherit;font-size:10pt;">, prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return and also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The Company did not record an accrual for tax related uncertainties or unrecognized tax positions as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;or </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15</font></div></div><hr style="page-break-after:always"><div><a name="sE96C8EB2E42651B19055F49C121A9813"></a></div><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Note 8</font><font style="font-family:inherit;font-size:10pt;">&#32;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Earnings Per Share</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s Common Shares outstanding consist of all shares issued and outstanding, including unvested restricted shares. Basic and diluted EPS are calculated under the two-class method. Restricted stock units are considered dilutive. The following table sets forth the computation for basic and diluted EPS and reconciliation between basic and diluted shares outstanding:</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8"></td></tr><tr><td style="width:69%;"></td><td style="width:1%;"></td><td style="width:13%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:13%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Three Months Ended&#160;<br>&#160;March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net Income</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,125,448</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,279,879</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: Net income attributable to redeemable noncontrolling interest</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(368,553</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(14,216</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income attributable to common shareholders</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,756,895</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,265,663</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted average number of outstanding shares - Basic</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,428,888</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,388,743</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dilutive impact of restricted stock units</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,441</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,653</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted average number of outstanding shares - Diluted</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,435,329</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,393,396</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earnings per share attributable to common shareholders</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.72</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.73</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.71</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.73</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div><a name="sDEAEE4760446516F91511879593E72CB"></a></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Note 9 </font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Commitments and Contingencies</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company indemnifies its directors, officers and certain of its employees for certain liabilities that might arise from their performance of their duties to the Company. From time to time, the Company is involved in legal matters relating to claims arising in the ordinary course of business.  There are currently no such matters pending that the Company believes could have a material adverse effect on its consolidated financial statements.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Additionally, in the normal course of business, the Company enters into agreements that contain a variety of representations and warranties and which provide general indemnifications. Certain agreements do not contain any limits on the Company&#8217;s liability and could involve future claims that may be made against the Company that have not yet occurred. Therefore, it is not possible to estimate the Company&#8217;s potential liability under these indemnities. Further, the Company maintains insurance policies that may provide coverage against certain claims under these indemnities.</font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16</font></div></div><hr style="page-break-after:always"><div><a name="s09D078759D955BF5904ECA5966E97A60"></a></div><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:11%;"></td><td style="width:89%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ITEM&#160;2:</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations</font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Forward-looking Statements</font></div><div style="line-height:120%;padding-top:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Throughout this Quarterly Report on Form 10-Q, the Company may make forward-looking statements within the meaning of Section&#160;27A of the Securities Act of 1933, as amended, and Section&#160;21E of the Securities Exchange Act of 1934, as amended, relating to such matters as anticipated operating results, prospects and levels of assets under management, technological developments, economic trends (including interest rates and market volatility), expected transactions and similar matters. The words &#8220;believe,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;estimate,&#8221; &#8220;should,&#8221; &#8220;hope,&#8221; &#8220;seek,&#8221; &#8220;plan,&#8221; &#8220;intend&#8221; and similar expressions identify forward-looking statements that speak only as of the date thereof. While we believe that the assumptions underlying our forward-looking statements are reasonable, investors are cautioned that any of the assumptions could prove to be inaccurate and, accordingly, our actual results and experiences could differ materially from the anticipated results or other expectations expressed  in our forward-looking statements. Factors that could cause such actual results or experiences to differ from results discussed in the forward-looking statements include, but are not limited to: the adverse effect from a decline in the securities markets; a decline in the performance of our products; changes in interest rates; changes in national and local economic and political conditions; the continuing economic uncertainty in various parts of the world; changes in government policy and regulation, including monetary policy; changes in our ability to attract or retain key employees; unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations; and other risks identified from time-to-time in other public documents on file with the SEC.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">General</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company derives its consolidated revenue and net income from investment advisory and fund administration services provided by its subsidiaries, DHCM and, until July 31, 2016, Beacon Hill.  DHCM is a registered investment adviser under the Investment Advisers Act of 1940. DHCM sponsors, distributes, and provides investment advisory and related services to various U.S. and foreign clients through the Funds, institutional accounts, the ETF, and the Partnerships.  Beacon Hill provided fund administration and statutory underwriting services to U.S. and foreign clients.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s primary objective is to fulfill our fiduciary duty to our clients. Our secondary objective is to grow the intrinsic value of the Company in order to achieve an adequate long-term return for shareholders.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Assets Under Management</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our revenue is derived primarily from investment advisory and administration fees. Investment advisory and administration fees paid to the Company are generally based on the value of the investment portfolios we manage and fluctuate with changes in the total value of our AUM. Substantially all of our AUM (</font><font style="font-family:inherit;font-size:10pt;">96%</font><font style="font-family:inherit;font-size:10pt;">) is valued based on readily available market quotations. AUM in the fixed income strategies (</font><font style="font-family:inherit;font-size:10pt;">4%</font><font style="font-family:inherit;font-size:10pt;">) is valued using evaluated prices from independent third-party providers. Fees are recognized in the period that the Company manages these assets. </font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our revenues are highly dependent on both the value and composition of AUM. The following is a summary of our AUM by product and investment objective, and a roll-forward of the change in AUM for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="11"></td></tr><tr><td style="width:59%;"></td><td style="width:1%;"></td><td style="width:11%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:11%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="10" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Assets&#160;Under&#160;Management&#160;by&#160;Product</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="10" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">As of March&#160;31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;text-decoration:underline;">(in millions, except percentages)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">%&#160;Change</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Proprietary funds</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,425</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,991</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Sub-advised funds</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,441</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">624</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">131</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Institutional accounts</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,467</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,776</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(6</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total AUM</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,333</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,391</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;%</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17</font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="11"></td></tr><tr><td style="width:59%;"></td><td style="width:1%;"></td><td style="width:11%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:11%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="10" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Assets Under Management</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">by Investment Objective</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="10" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">As of March&#160;31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;text-decoration:underline;">(in millions, except percentages)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">%&#160;Change</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Small Cap</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,771</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,753</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Small-Mid Cap</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,418</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,481</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mid Cap</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">91</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">264</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Large Cap</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,015</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,682</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">All Cap Select</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">420</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">521</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(19</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-Short</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,891</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,507</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Corporate bonds</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">638</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">422</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">51</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Core fixed income</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">287</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;(Less: Investments in affiliated funds)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(198</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total AUM</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,333</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,391</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;%</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4"></td></tr><tr><td style="width:73%;"></td><td style="width:13%;"></td><td style="width:1%;"></td><td style="width:13%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8"></td></tr><tr><td style="width:73%;"></td><td style="width:1%;"></td><td style="width:11%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:11%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Change in Assets</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Under&#160;Management</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">For the Three Months Ended&#160;<br>&#160;March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;text-decoration:underline;">(in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2016</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">AUM at beginning of the period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19,381</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,841</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net cash inflows (outflows)</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">proprietary funds</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">310</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">357</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">sub-advised funds</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(78</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(40</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">institutional accounts</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(65</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">40</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">167</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">357</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net market appreciation and income</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">785</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">193</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Increase during the period</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">952</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">550</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">AUM at end of the period</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,333</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,391</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div><a name="s962BBD9856035213870A51C481DBE647"></a></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Consolidated Results of Operations</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is a discussion of our consolidated results of operations.</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="11"></td></tr><tr><td style="width:65%;"></td><td style="width:1%;"></td><td style="width:9%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:9%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:10%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="10" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Three Months Ended&#160;<br>&#160;March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;text-decoration:underline;">(in thousands, except per share amounts and percentages)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">%&#160;Change</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total revenue</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,134</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,457</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net operating income</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,837</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,704</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income attributable to common shareholders</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,757</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,266</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earnings per share attributable to common shareholders (Diluted)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.71</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.73</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Operating profit margin</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Operating profit margin, as adjusted</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(a)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">46</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(a) Operating profit margin, as adjusted is a non-GAAP performance measure. See the Use of Supplemental Data as Non-GAAP Performance Measure section within this report.</font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18</font></div></div><hr style="page-break-after:always"><div><a name="sB3749A3AF2DB564D8B4D087AC1AB195E"></a></div><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#32;Months Ended </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#32;compared with </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#32;Months Ended </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#32;</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company generated net income attributable to common shareholders of </font><font style="font-family:inherit;font-size:10pt;">$12.8 million</font><font style="font-family:inherit;font-size:10pt;">&#32;(</font><font style="font-family:inherit;font-size:10pt;">$3.71</font><font style="font-family:inherit;font-size:10pt;">&#32;per diluted share) for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, compared with net income attributable to common shareholders of </font><font style="font-family:inherit;font-size:10pt;">$9.3 million</font><font style="font-family:inherit;font-size:10pt;">&#32;(</font><font style="font-family:inherit;font-size:10pt;">$2.73</font><font style="font-family:inherit;font-size:10pt;">&#32;per diluted share) for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">. Revenue </font><font style="font-family:inherit;font-size:10pt;">increase</font><font style="font-family:inherit;font-size:10pt;">d </font><font style="font-family:inherit;font-size:10pt;">$4.7 million</font><font style="font-family:inherit;font-size:10pt;">&#32;period over period primarily due to an increase in average AUM. The revenue </font><font style="font-family:inherit;font-size:10pt;">increase</font><font style="font-family:inherit;font-size:10pt;">&#32;was partially offset by an </font><font style="font-family:inherit;font-size:10pt;">increase</font><font style="font-family:inherit;font-size:10pt;">&#32;in operating expenses of </font><font style="font-family:inherit;font-size:10pt;">$2.5 million</font><font style="font-family:inherit;font-size:10pt;">&#32;primarily related to increases in compensation and related costs and general and administrative expenses. The Company had </font><font style="font-family:inherit;font-size:10pt;">$3.8 million</font><font style="font-family:inherit;font-size:10pt;">&#32;in investment income due to market appreciation for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;compared to investment income of </font><font style="font-family:inherit;font-size:10pt;">$0.7 million</font><font style="font-family:inherit;font-size:10pt;">&#32;for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">.   Income tax expense </font><font style="font-family:inherit;font-size:10pt;">increased</font><font style="font-family:inherit;font-size:10pt;">&#32;</font><font style="font-family:inherit;font-size:10pt;">$1.3 million</font><font style="font-family:inherit;font-size:10pt;">&#32;from the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">&#32;to the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;due to the overall increase in income before taxes. </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Operating profit margin was approximately </font><font style="font-family:inherit;font-size:10pt;">45%</font><font style="font-family:inherit;font-size:10pt;">&#32;for both the </font><font style="font-family:inherit;font-size:10pt;">quarter</font><font style="font-family:inherit;font-size:10pt;">&#32;ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;and the </font><font style="font-family:inherit;font-size:10pt;">quarter</font><font style="font-family:inherit;font-size:10pt;">&#32;ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">. Operating profit margin, as adjusted, increased to </font><font style="font-family:inherit;font-size:10pt;">47%</font><font style="font-family:inherit;font-size:10pt;">&#32;for the </font><font style="font-family:inherit;font-size:10pt;">quarter</font><font style="font-family:inherit;font-size:10pt;">&#32;ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;from </font><font style="font-family:inherit;font-size:10pt;">46%</font><font style="font-family:inherit;font-size:10pt;">&#32;for the </font><font style="font-family:inherit;font-size:10pt;">quarter</font><font style="font-family:inherit;font-size:10pt;">&#32;ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">. See Use of Supplemental Data as Non-GAAP Performance Measure section within this report. We expect that our operating margin may fluctuate from period to period based on various factors, including revenues; investment results; employee performance; staffing levels; development of investment strategies, products, or channels; and industry comparisons.  </font></div><div><a name="s77E65F38CE5C54EAB7BB06E9C3141108"></a></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Revenue</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="11"></td></tr><tr><td style="width:59%;"></td><td style="width:1%;"></td><td style="width:11%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:11%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Three Months Ended&#160;<br>&#160;March 31,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;text-decoration:underline;">(in thousands, except percentages)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">%&#160;Change</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment advisory</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31,833</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26,687</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mutual fund administration, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,301</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,771</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(12</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,134</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,458</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;%</font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As a percent of total revenues for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, investment advisory fees accounted for </font><font style="font-family:inherit;font-size:10pt;">91%</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">88%</font><font style="font-family:inherit;font-size:10pt;">, respectively, and mutual fund administration fees made up the remaining </font><font style="font-family:inherit;font-size:10pt;">9%</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">12%</font><font style="font-family:inherit;font-size:10pt;">, respectively. </font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Investment Advisory Fees.</font><font style="font-family:inherit;font-size:10pt;">&#32;Investment advisory fees </font><font style="font-family:inherit;font-size:10pt;">increased</font><font style="font-family:inherit;font-size:10pt;">&#32;</font><font style="font-family:inherit;font-size:10pt;">$5.1 million</font><font style="font-family:inherit;font-size:10pt;">, or </font><font style="font-family:inherit;font-size:10pt;">19%</font><font style="font-family:inherit;font-size:10pt;">, from the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">&#32;to the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. Investment advisory fees are calculated as a percentage of the market value of client accounts at contractual fee rates which vary by investment product. The </font><font style="font-family:inherit;font-size:10pt;">increase</font><font style="font-family:inherit;font-size:10pt;">&#32;in investment advisory fees was driven by an </font><font style="font-family:inherit;font-size:10pt;">increase</font><font style="font-family:inherit;font-size:10pt;">&#32;of </font><font style="font-family:inherit;font-size:10pt;">22%</font><font style="font-family:inherit;font-size:10pt;">&#32;in average AUM period over period and was partially offset by a decrease of one basis point in the average advisory fee rate from </font><font style="font-family:inherit;font-size:10pt;">0.65%</font><font style="font-family:inherit;font-size:10pt;">&#32;for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">&#32;compared to </font><font style="font-family:inherit;font-size:10pt;">0.64%</font><font style="font-family:inherit;font-size:10pt;">&#32;for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Mutual Fund Administration Fees.</font><font style="font-family:inherit;font-size:10pt;">&#32;Mutual fund administration fees </font><font style="font-family:inherit;font-size:10pt;">decreased</font><font style="font-family:inherit;font-size:10pt;">&#32;</font><font style="font-family:inherit;font-size:10pt;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;">, or </font><font style="font-family:inherit;font-size:10pt;">12%</font><font style="font-family:inherit;font-size:10pt;">, from the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">&#32;to the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. Mutual fund administration fees include administration fees received from the Funds, which are calculated as a percentage of average Funds' AUM.  Mutual fund administration fees for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">&#32;included Beacon Hill administration fees. The decrease in mutual fund administration fees is primarily due to a </font><font style="font-family:inherit;font-size:10pt;">decrease</font><font style="font-family:inherit;font-size:10pt;">&#32;of </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;">&#32;basis point in the net administration fee rate from </font><font style="font-family:inherit;font-size:10pt;">0.10%</font><font style="font-family:inherit;font-size:10pt;">&#32;for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">&#32;to </font><font style="font-family:inherit;font-size:10pt;">0.09%</font><font style="font-family:inherit;font-size:10pt;">&#32;for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">.  This was partially offset by a </font><font style="font-family:inherit;font-size:10pt;">27%</font><font style="font-family:inherit;font-size:10pt;">&#32;</font><font style="font-family:inherit;font-size:10pt;">increase</font><font style="font-family:inherit;font-size:10pt;">&#32;in average Funds' AUM from </font><font style="font-family:inherit;font-size:10pt;">$11.1 billion</font><font style="font-family:inherit;font-size:10pt;">&#32;for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">&#32;to </font><font style="font-family:inherit;font-size:10pt;">$14.1 billion</font><font style="font-family:inherit;font-size:10pt;">&#32;for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div><a name="s606BA15D57C65774915F43FCFDB45A11"></a></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Expenses</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="11"></td></tr><tr><td style="width:59%;"></td><td style="width:1%;"></td><td style="width:11%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:11%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Three Months Ended&#160;<br>&#160;March 31,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;text-decoration:underline;">(in thousands, except percentages)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">%&#160;Change</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Compensation and related costs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,679</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,399</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">General and administrative</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,488</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,485</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">40</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Sales and marketing</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,130</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">993</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mutual fund administration</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,001</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">876</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19,298</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,753</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr></table></div></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19</font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Compensation and Related Costs.</font><font style="font-family:inherit;font-size:10pt;">&#32;Employee compensation and benefits </font><font style="font-family:inherit;font-size:10pt;">increased</font><font style="font-family:inherit;font-size:10pt;">&#32;by </font><font style="font-family:inherit;font-size:10pt;">$1.3 million</font><font style="font-family:inherit;font-size:10pt;">, or </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;">, from the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">&#32;to the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. This increase is primarily due to </font><font style="font-family:inherit;font-size:10pt;">an increase</font><font style="font-family:inherit;font-size:10pt;">&#32;in incentive compensation of </font><font style="font-family:inherit;font-size:10pt;">$1.8 million</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">an increase</font><font style="font-family:inherit;font-size:10pt;">&#32;in deferred compensation expense of </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;">.  These increases were offset by </font><font style="font-family:inherit;font-size:10pt;">a decrease</font><font style="font-family:inherit;font-size:10pt;">&#32;in salary and benefits of </font><font style="font-family:inherit;font-size:10pt;">$0.9 million</font><font style="font-family:inherit;font-size:10pt;">&#32;due to the inclusion of Beacon Hill employees in 2016.  Incentive compensation expense can fluctuate significantly period over period as we evaluate incentive compensation by reviewing investment performance, individual performance, Company performance and other factors.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">General and Administrative.</font><font style="font-family:inherit;font-size:10pt;">&#32;General and administrative expenses </font><font style="font-family:inherit;font-size:10pt;">increased</font><font style="font-family:inherit;font-size:10pt;">&#32;by </font><font style="font-family:inherit;font-size:10pt;">$1.0 million</font><font style="font-family:inherit;font-size:10pt;">, or </font><font style="font-family:inherit;font-size:10pt;">40%</font><font style="font-family:inherit;font-size:10pt;">, from the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">&#32;to the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. This </font><font style="font-family:inherit;font-size:10pt;">increase</font><font style="font-family:inherit;font-size:10pt;">&#32;is primarily due to an increase in corporate legal and administrative expense of $0.5 million, an increase in information technology consulting expense of $0.2 million, additional research expenses to support our investment team of $0.1 million, and an increase in charitable donations of $0.1 million.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Sales and Marketing.</font><font style="font-family:inherit;font-size:10pt;">&#32;Sales and marketing expenses </font><font style="font-family:inherit;font-size:10pt;">increased</font><font style="font-family:inherit;font-size:10pt;">&#32;by </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;">, or </font><font style="font-family:inherit;font-size:10pt;">14%</font><font style="font-family:inherit;font-size:10pt;">, from the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">&#32;to the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. The </font><font style="font-family:inherit;font-size:10pt;">increase</font><font style="font-family:inherit;font-size:10pt;">&#32;was primarily due to additional payments made to third party intermediaries related to the sale of our proprietary funds.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Mutual Fund Administration.</font><font style="font-family:inherit;font-size:10pt;">&#32;Mutual fund administration expenses </font><font style="font-family:inherit;font-size:10pt;">increased</font><font style="font-family:inherit;font-size:10pt;">&#32;by </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;">, or </font><font style="font-family:inherit;font-size:10pt;">14%</font><font style="font-family:inherit;font-size:10pt;">, from the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">&#32;to the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. Mutual fund administration expenses consist of both variable and fixed expenses. The variable expenses are based on Fund AUM and the number of shareholder accounts.  The increase was primarily due to the </font><font style="font-family:inherit;font-size:10pt;">increase</font><font style="font-family:inherit;font-size:10pt;">&#32;in average Funds' AUM from the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">&#32;to the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div><a name="s4B28D123CA0F54DAAA6996FBCC61EDC6"></a></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Liquidity and Capital Resources</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Sources of Liquidity</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our current financial condition is highly liquid, with a significant amount of our assets comprised of cash and cash equivalents, capital investments, and accounts receivable. Our main source of liquidity is cash flows from operating activities, which is generated from investment advisory and fund administration fees.  Cash and cash equivalents, accounts receivable, and investments represented approximately </font><font style="font-family:inherit;font-size:10pt;">93%</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">92%</font><font style="font-family:inherit;font-size:10pt;">&#32;of total assets as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, respectively. We believe these sources of liquidity, as well as our continuing cash flows from operating activities, will be sufficient to meet our current and future operating needs for at least the next 12 months.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Uses of Liquidity</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In line with the Company&#8217;s primary objective to fulfill our fiduciary duty to clients and secondary objective to achieve an adequate long-term return for shareholders, we anticipate our main uses of cash will be for operating expenses and seed capital to fund new and existing investment strategies.</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Board of Directors and management regularly review various factors to determine whether we have capital in excess of that required for the business and the appropriate use of any excess capital. The factors considered include our investment opportunities, capital needed for investment strategies, risks, and future dividend and capital gain tax rates. Evaluating management&#8217;s stewardship of capital for shareholders is a central part of our investment discipline that we practice for our clients. We hold ourselves to the same standard.</font></div><div><a name="sBB922F76B0D4515491D611DD6A536C46"></a></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Working Capital</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company had working capital of approximately </font><font style="font-family:inherit;font-size:10pt;">$144 million</font><font style="font-family:inherit;font-size:10pt;">, compared to </font><font style="font-family:inherit;font-size:10pt;">$126 million</font><font style="font-family:inherit;font-size:10pt;">&#32;at </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">. Working capital includes cash, securities owned by common shareholders, prepaid expenses and current receivables, net of all liabilities. The Company has no debt, and we believe our available working capital is sufficient to cover current expenses and anticipated capital expenditures. </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Below is a summary of securities owned by the Company as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20</font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:8px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.609375%;border-collapse:collapse;text-align:left;"><tr><td colspan="8"></td></tr><tr><td style="width:57%;"></td><td style="width:1%;"></td><td style="width:19%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:19%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Corporate Investments:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diamond Hill Core Bond Fund</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,634,285</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,293,308</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;Diamond Hill Mid Cap Fund</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,273,945</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,754,640</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diamond Hill Valuation-Weighted 500 ETF</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,244,717</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,329,549</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;Diamond Hill Research Opportunities Fund</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,857,128</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,921,540</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diamond Hill High Yield Fund</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,439,199</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,210,304</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diamond Hill Global Fund, L.P.</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,711,818</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,570,965</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diamond Hill International Equity Fund, L.P.</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">985,049</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diamond Hill Short Duration Total Return Fund</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,465</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,245</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Corporate Investments</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">81,166,606</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">79,100,551</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred Compensation Plan Investments in the Funds</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,683,617</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,182,470</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total investments held by DHCM</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">99,850,223</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">93,283,021</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Redeemable noncontrolling interest in consolidated funds</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,573,813</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,732,614</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Investment Portfolio</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">117,424,036</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">108,015,635</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div><a name="sF799D6FF0FC7582B8FE3C9FA7FE0E770"></a></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Cash Flow Analysis</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Cash Flows from Operating Activities</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s cash flows from operating activities are calculated by adjusting net income to reflect other significant operating sources and uses of cash, certain significant non-cash items such as share-based compensation, and timing differences in the cash settlement of operating assets and liabilities.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the </font><font style="font-family:inherit;font-size:10pt;">three months ended March 31, 2017</font><font style="font-family:inherit;font-size:10pt;">, net cash provided by operating activities totaled </font><font style="font-family:inherit;font-size:10pt;">$7.3 million</font><font style="font-family:inherit;font-size:10pt;">.  Cash inflows provided by operating activities were primarily driven by net income of </font><font style="font-family:inherit;font-size:10pt;">$13.1 million</font><font style="font-family:inherit;font-size:10pt;">, the add back of stock-based compensation of </font><font style="font-family:inherit;font-size:10pt;">$2.0 million</font><font style="font-family:inherit;font-size:10pt;">&#32;and depreciation of </font><font style="font-family:inherit;font-size:10pt;">$0.2 million</font><font style="font-family:inherit;font-size:10pt;">.  These cash inflows were partially offset by the net change in trading securities held in our consolidated funds underlying investment portfolio of </font><font style="font-family:inherit;font-size:10pt;">$1.3 million</font><font style="font-family:inherit;font-size:10pt;">, the payment of accrued incentive compensation of </font><font style="font-family:inherit;font-size:10pt;">$12.3 million</font><font style="font-family:inherit;font-size:10pt;">, and the effect of non-cash items and timing differences in the cash settlement of assets and liabilities of </font><font style="font-family:inherit;font-size:10pt;">$5.5 million</font><font style="font-family:inherit;font-size:10pt;">.  Absent the cash used by the Consolidated Funds to purchase securities into their investment portfolios, cash flow from operations would have been approximately </font><font style="font-family:inherit;font-size:10pt;">$8.2 million</font><font style="font-family:inherit;font-size:10pt;">.  We expect that cash flows provided by operating activities will continue to serve as our primary source of working capital in the near future.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the </font><font style="font-family:inherit;font-size:10pt;">three months ended March 31, 2016</font><font style="font-family:inherit;font-size:10pt;">, net cash used in operating activities totaled </font><font style="font-family:inherit;font-size:10pt;">$4.0 million</font><font style="font-family:inherit;font-size:10pt;">. Net cash provided by operating activities reflects net income less the payment of accrued incentive compensation of </font><font style="font-family:inherit;font-size:10pt;">$13.5 million</font><font style="font-family:inherit;font-size:10pt;">, the effect of non-cash items and the timing differences in the cash settlement of assets and liabilities.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Cash Flows from Investing Activities</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s cash flows from investing activities consist primarily of capital expenditures and purchases and redemptions in our investment portfolio.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash flows used in investing activities totaled </font><font style="font-family:inherit;font-size:10pt;">$5.0 million</font><font style="font-family:inherit;font-size:10pt;">&#32;for the </font><font style="font-family:inherit;font-size:10pt;">three months ended March 31, 2017</font><font style="font-family:inherit;font-size:10pt;">.  The Company purchased corporate investments of </font><font style="font-family:inherit;font-size:10pt;">$6.1 million</font><font style="font-family:inherit;font-size:10pt;">, inclusive of </font><font style="font-family:inherit;font-size:10pt;">$5.0 million</font><font style="font-family:inherit;font-size:10pt;">&#32;of investments into our deferred compensation plans. This cash outflow was partially offset by redemptions of investments in our deferred compensation plans of </font><font style="font-family:inherit;font-size:10pt;">$1.1 million</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash flows provided by investing activities totaled </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;">&#32;for the </font><font style="font-family:inherit;font-size:10pt;">three months ended March 31, 2016</font><font style="font-family:inherit;font-size:10pt;">. The Company purchased </font><font style="font-family:inherit;font-size:10pt;">$6.1 million</font><font style="font-family:inherit;font-size:10pt;">&#32;of corporate investments, inclusive of </font><font style="font-family:inherit;font-size:10pt;">$4.3 million</font><font style="font-family:inherit;font-size:10pt;">&#32;into our deferred compensation plans, and </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;">&#32;of property and equipment related to our office space expansion.  These cash outflows were offset by redemptions of corporate investments of </font><font style="font-family:inherit;font-size:10pt;">$6.5 million</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21</font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Cash Flows from Financing Activities</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s cash flows from financing activities may consist of the payment of special dividends, shares withheld related to employee tax withholding, and distributions to or contributions from redeemable noncontrolling interest holders. </font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the </font><font style="font-family:inherit;font-size:10pt;">three months ended March 31, 2017</font><font style="font-family:inherit;font-size:10pt;">, net cash used in financing activities totaled </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;">, consisting of the value of shares withheld related to employee tax withholding of </font><font style="font-family:inherit;font-size:10pt;">$0.8 million</font><font style="font-family:inherit;font-size:10pt;">, primarily offset by net contributions from redeemable noncontrolling interest holders of </font><font style="font-family:inherit;font-size:10pt;">$0.7 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the </font><font style="font-family:inherit;font-size:10pt;">three months ended March 31, 2016</font><font style="font-family:inherit;font-size:10pt;">, net cash used in financing activities totaled </font><font style="font-family:inherit;font-size:10pt;">$4.4 million</font><font style="font-family:inherit;font-size:10pt;">, consisting of the value of shares withheld related to employee tax withholding of </font><font style="font-family:inherit;font-size:10pt;">$8.8 million</font><font style="font-family:inherit;font-size:10pt;">, partially offset by excess income tax benefit from stock-based compensation of </font><font style="font-family:inherit;font-size:10pt;">$4.3 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Supplemental Consolidated Cash Flow Statement</font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 1, 2016, the Company implemented the new consolidation accounting guidance that resulted in the consolidation of the ETF and one of our individual mutual funds  (collectively the "Consolidated Funds") in which we have controlling interests.  Our consolidated balance sheet now reflects the investments and other assets and liabilities of the Consolidated Funds, as well as redeemable noncontrolling interests for the portion of the Consolidated Funds that are held by third party investors.  Although we can redeem our net interest in the Consolidated Funds at any time, we cannot directly access or sell the assets held by the Consolidated Funds to obtain cash for general operations.  Additionally, the assets of the Consolidated Funds are not available to general creditors.</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes the condensed cash flows for the year ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, that are attributable to Diamond Hill Investment Group, Inc. and to the Consolidated Funds, and the related eliminations required in preparing the consolidated statements.</font></div><div style="line-height:120%;padding-top:12px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16"></td></tr><tr><td style="width:41%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:12%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended March 31, 2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash flow attributable to Diamond Hill Investment Group, Inc.</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash flow attributable to Consolidated Funds</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Eliminations</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As reported on the Consolidated Statement of Cash Flows</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash flows from Operating Activities:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net Income</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,756,895</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,639,873</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,271,320</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,125,448</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Adjustments to reconcile net income to net cash provided by operating activities:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Depreciation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">217,748</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">217,748</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Share-based compensation</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,998,782</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,998,782</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net (gains)/losses on investments</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,024,067</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,639,873</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,271,320</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,392,620</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net change in trading securities held by Consolidated Funds</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,310,800</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,310,800</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other changes in assets and liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,738,823</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">350,866</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,387,957</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net cash provided by (used in) operating activities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,210,535</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(959,934</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,250,601</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net cash provided by (used in) investing activities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,173,109</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">169,437</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,003,672</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net cash provided by (used in) financing activities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(796,921</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">847,256</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(169,437</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(119,102</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net change during the period</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,240,505</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(112,678</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,127,827</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash and cash equivalents at beginning of period</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">57,077,198</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">112,678</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">57,189,876</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash and cash equivalents at end of period</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">59,317,703</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">59,317,703</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22</font></div></div><hr style="page-break-after:always"><div><a name="sAA831122635B56E19BB18ED1FE8CEF37"></a></div><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Supplemental Data as Non-GAAP Performance Measure</font></div><div style="line-height:120%;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As supplemental information, we are providing performance measures that are based on methodologies other than GAAP (&#8220;non-GAAP&#8221;).  We believe the non-GAAP measures below are useful measures of our core business activities, are important metrics in estimating the value of an asset management business and may enable more appropriate comparison to our peers.  These non-GAAP measures should not be a substitute for financial measures calculated in accordance with GAAP and may be calculated differently by other companies.  The following schedule reconciles GAAP measures to non-GAAP measures for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#32;months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8"></td></tr><tr><td style="width:67%;"></td><td style="width:1%;"></td><td style="width:14%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:14%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Three Months Ended&#160;<br>&#160;March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;text-decoration:underline;">(in thousands, except percentages and per share data)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2016</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total revenue</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,134</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,457</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net operating income, GAAP basis</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,837</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,704</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-GAAP adjustment:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gains (losses) on deferred compensation plan investments, net</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">584</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">175</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net operating income, as adjusted, non-GAAP basis</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,421</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,879</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-GAAP Adjustment:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Tax provision on net operating income, as adjusted, non-GAAP basis</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(3)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,437</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(4,967</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net operating income, as adjusted, after tax, non-GAAP basis</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(4)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,984</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,912</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net operating income, as adjusted after tax per diluted share, non-GAAP basis</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(5)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.20</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.63</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted weighted average shares outstanding, GAAP basis</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,435</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,393</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Operating profit margin, GAAP basis</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Operating profit margin, as adjusted, non-GAAP basis</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(6)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">46</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font><font style="font-family:inherit;font-size:10pt;">&#32;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Gains (losses) on deferred compensation plan investments, net: </font><font style="font-family:inherit;font-size:10pt;">The gain (loss) on deferred compensation plan investments, which increases (decreases) deferred compensation expense included in operating income, is removed from operating income in the calculation because it is offset by an equal amount in investment income (loss) below net operating income on the income statement, and thus has no impact on net income attributable to the Company.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font><font style="font-family:inherit;font-size:10pt;">&#32;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Net operating income, as adjusted: </font><font style="font-family:inherit;font-size:10pt;">This non-GAAP measure was calculated by taking the Company&#8217;s net operating income adjusted to exclude the impact on compensation expense of gains and losses on investments in the deferred compensation plan.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(3)</sup></font><font style="font-family:inherit;font-size:10pt;">&#32;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Tax provision on net operating income, as adjusted: </font><font style="font-family:inherit;font-size:10pt;">This non-GAAP measure represents the tax provision excluding the impact of investment related activity and is calculated by applying the tax rate from the actual tax provision to net operating income, as adjusted.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(4)</sup></font><font style="font-family:inherit;font-size:10pt;">&#32;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Net operating income, as adjusted, after tax: </font><font style="font-family:inherit;font-size:10pt;">This</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">&#32;</font><font style="font-family:inherit;font-size:10pt;">non-GAAP measure was calculated by taking the net operating income, as adjusted, less the tax provision on net operating income, as adjusted.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(5)</sup></font><font style="font-family:inherit;font-size:10pt;">&#32;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Net operating income, as adjusted after tax per diluted share: </font><font style="font-family:inherit;font-size:10pt;">This non-GAAP measure was calculated by dividing the net operating income, as adjusted after tax, by diluted weighted average shares outstanding.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(6)</sup></font><font style="font-family:inherit;font-size:10pt;font-style:italic;">&#32;Operating profit margin, as adjusted: </font><font style="font-family:inherit;font-size:10pt;">This non-GAAP measure was calculated by dividing the net operating income, as adjusted, by total revenue.</font></div><div><a name="sA6E667901A895657AE708ADF82E6011A"></a></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Off-Balance Sheet Arrangements</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has no off-balance sheet arrangements. We do not have any obligation under a guarantee contract, or a retained or contingent interest in assets or similar arrangement that serves as credit, liquidity or market risk support for such assets, or any other obligation, including a contingent obligation, under a contract that would be accounted for as a derivative instrument or arising out of a variable interest.</font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">23</font></div></div><hr style="page-break-after:always"><div><a name="sC2CE013E392E5520AA80DCE9D38BBA14"></a></div><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Critical Accounting Policies and Estimates</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For a summary of the critical accounting policies important to understanding the condensed consolidated financial statements see Note 2,&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Significant Accounting Policies</font><font style="font-family:inherit;font-size:10pt;">, in the condensed consolidated financial statements contained in Part I, Item&#160;1 of this filing and&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Critical Accounting Policies&#160;</font><font style="font-family:inherit;font-size:10pt;">in Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations in the </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">&#32;Annual Report and Note 2, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Significant Accounting Policies</font><font style="font-family:inherit;font-size:10pt;">, in the </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">&#32;Annual Report for further information.</font></div><div><a name="sC34F41E1712C5B85892FBC3B436D6A32"></a></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:11%;"></td><td style="width:89%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ITEM&#160;3:</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Quantitative and Qualitative Disclosures About Market Risk</font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">There has been no material change in the information provided in Item&#160;7A of the Company&#8217;s </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">&#32;Annual Report.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><a name="s00289FD766A55EDB82D99735E94C68E9"></a></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:11%;"></td><td style="width:89%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ITEM&#160;4:</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Controls and Procedures</font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Management, including the Chief Executive Officer and the Chief Financial Officer, has conducted an evaluation of the effectiveness of the Company&#8217;s&#160;disclosure controls and procedures (as defined in Rules 13a-15(e) or 15d-15(e) of the Exchange Act) as of the end of the period covered by this&#160;quarterly report (the &#8220;Evaluation Date&#8221;).&#160;Based on that evaluation, the Chief Executive Officer and the Chief Financial Officer have concluded that, as of the Evaluation Date, the Company&#8217;s disclosure controls and procedures are effective to ensure that the information required to be disclosed by the Company in the reports that it files or submits under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in the SEC&#8217;s rules and forms, and to ensure that the information required to be disclosed by the Company in the reports it files or submits under the Exchange Act is accumulated and communicated to the Company&#8217;s management, including the Chief Executive Officer and Chief Financial Officer, or persons performing similar functions, as appropriate, to allow timely decisions regarding required disclosure.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">There have been no changes in the Company&#8217;s internal control over financial reporting during the quarter ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;that have materially affected, or are reasonably likely to materially affect, the Company&#8217;s internal control over financial reporting.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><a name="s633ABA9AF7B15239ADCF9D1017C10048"></a></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:11%;"></td><td style="width:89%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">PART&#160;II:</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">OTHER INFORMATION</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:6pt;"><font style="font-family:inherit;font-size:6pt;">&#160;</font></div><div><a name="s8BB402B62613547CBDFD07D95CF33437"></a></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:11%;"></td><td style="width:89%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ITEM&#160;1:</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Legal Proceedings</font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">From time to time, the Company is party to ordinary routine litigation that is incidental to its business. There are currently no such matters pending that the Company believes could have a material adverse effect on its consolidated financial statements.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><a name="sFB546B92DE3C567AAF1337E828163DCA"></a></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:11%;"></td><td style="width:89%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ITEM&#160;1A:</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Risk Factors</font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">There has been no material change to the information provided in Item&#160;1A of the Company&#8217;s </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">&#32;Annual Report.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><a name="s1B99AF36EB685C3FB893353FBE0ECBA9"></a></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:11%;"></td><td style="width:89%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ITEM&#160;2:</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Unregistered Sales of Equity Securities and Use of Proceeds</font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the quarter ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company did not purchase any of its Common Shares and did not sell any Common Shares that were not registered under the Securities Act of 1933. The following table sets forth information regarding the Company&#8217;s repurchase program of its Common Shares and shares withheld for tax payments due upon vesting of employee Restricted Stock which vested during the </font><font style="font-family:inherit;font-size:10pt;">first</font><font style="font-family:inherit;font-size:10pt;">&#32;quarter of fiscal year </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24</font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13"></td></tr><tr><td style="width:38%;"></td><td style="width:15%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:11%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:14%;"></td><td style="width:1%;"></td><td style="width:1%;"></td><td style="width:14%;"></td><td style="width:1%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;text-decoration:underline;">Period</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total Number</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">of&#160;Shares&#160;Purchased</font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(a) </sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Average Price</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Paid&#160;Per&#160;Share</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total&#160;Number</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">of&#160;Shares&#160;Purchased</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">as part of Publicly</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Announced Plans</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">or Programs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Maximum Number</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">of&#160;Shares&#160;That&#160;May</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Yet Be Purchased</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Under the Plans or</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Programs</font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(b)</sup></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">January 1, 2017 through January 31, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,788</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">210.38</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">318,433</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">February 1, 2017 through February 28, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">318,433</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March 1, 2017 through March 31, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">318,433</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,788</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">210.38</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">318,433</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(a)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">All of the </font><font style="font-family:inherit;font-size:10pt;">3,788</font><font style="font-family:inherit;font-size:10pt;">&#32;shares of the Company's common shares purchased during the quarter ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;represented shares withheld for tax payments due upon the vesting of employee Restricted Stock which vested during the quarter.  </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(b)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s current share repurchase program was announced on August&#160;9, 2007. The Board of Directors authorized management to repurchase up to 350,000 shares of the Company&#8217;s Common Shares in the open market and in private transactions in accordance with applicable securities laws. The Company&#8217;s share repurchase program is not subject to an expiration date.</font></div></td></tr></table><div style="line-height:120%;padding-left:4px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><a name="s70F1B8DC482356E39F87E0D727A032CB"></a></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:11%;"></td><td style="width:89%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ITEM&#160;3:</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Defaults Upon Senior Securities</font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">None</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><a name="s416A1B6C29BF5DEAA04FED3179E1C025"></a></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:11%;"></td><td style="width:89%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ITEM&#160;4:</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Mine Safety Disclosures</font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">None</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><a name="sBBCEAC45314E564EBC4D94CC881516CC"></a></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:11%;"></td><td style="width:89%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ITEM&#160;5:</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Other Information</font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">None</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25</font></div></div><hr style="page-break-after:always"><div><a name="s0F646D90282D5BF39219682B6D98CAF7"></a></div><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:11%;"></td><td style="width:89%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ITEM&#160;6:</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Exhibits</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td style="width:9%;"></td><td style="width:3%;"></td><td style="width:88%;"></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="http://www.sec.gov/Archives/edgar/data/909108/000095015202003843/l94377aex2.txt"><font style="font-family:inherit;font-size:10pt;">Amended and Restated Articles of Incorporation of the Company (Incorporated by reference from Form 8-K Current Report for the event on May&#160;2, 2002 filed with the SEC on May&#160;7, 2002; File No. 000-24498.)</font></a></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.2</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="http://www.sec.gov/Archives/edgar/data/909108/000090910814000059/ex31-codeofregulations.htm"><font style="font-family:inherit;font-size:10pt;">Amended and Restated Code of Regulations of the Company (Incorporated by reference from Form 8-K Current Report, Exhibit 3.1, filed with the SEC on August 7, 2014; File No. 000-24498.)</font></a></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31.1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="ex-311x2017331.htm"><font style="font-family:inherit;font-size:10pt;">Certification of Chief Executive Officer required by Rule 13a-14(a) or Rule 15d-14(a).</font></a></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31.2</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="ex-312x2017331.htm"><font style="font-family:inherit;font-size:10pt;">Certification of Chief Financial Officer required by Rule 13a-14(a) or Rule 15d-14(a).</font></a></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32.1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="ex-321x2017331.htm"><font style="font-family:inherit;font-size:10pt;">Section 1350 Certifications.</font></a></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">101.INS</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">XBRL Instance Document.</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">101.SCH</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">XBRL Taxonomy Extension Schema Document.</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">101.CAL</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">XBRL Taxonomy Extension Calculation Linkbase Document.</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">101.DEF</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">XBRL Taxonomy Definition Linkbase Document.</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">101.LAB</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">XBRL Taxonomy Extension Label Linkbase Document.</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">101.PRE</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">XBRL Taxonomy Extension Presentation Linkbase Document.</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26</font></div></div><hr style="page-break-after:always"><div><a name="s939197869B3D53A7AF2443A0D9C1D6F4"></a></div><div><div style="line-height:120%;font-size:10pt;"><a style="font-family:inherit;font-size:10pt;" href="#s5722D94F43275B02BAAA8971F57B0C82"><font style="font-family:inherit;font-size:10pt;">Table of Contents</font></a></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DIAMOND HILL INVESTMENT GROUP, INC.</font></div><div style="line-height:120%;padding-top:8px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">SIGNATURES</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DIAMOND HILL INVESTMENT GROUP, INC.</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"></td></tr><tr><td style="width:15%;"></td><td style="width:1%;"></td><td style="width:48%;"></td><td style="width:1%;"></td><td style="width:35%;"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Date</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Title</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Signature</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">April&#160;26, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Chief Executive Officer and President</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">/s/ Christopher M. Bingaman</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Christopher M. Bingaman</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">April&#160;26, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Chief Financial Officer and Treasurer</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">/s/ Thomas E. Line</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thomas E. Line</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27</font></div></div>	</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.1
<SEQUENCE>2
<FILENAME>ex-311x2017331.htm
<DESCRIPTION>EXHIBIT 31.1
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
		<!-- Document created using Wdesk 1 -->
		<!-- Copyright 2017 Workiva -->
		<title>Exhibit</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<div><a name="sA15A495E4AF15FCFBC1733DEF39D3237"></a></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CERTIFICATION FOR QUARTERLY REPORT ON FORM 10-Q </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">I, Christopher M. Bingaman, certify that: </font></div><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">1.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">I have reviewed this Quarterly Report on Form 10-Q of Diamond Hill Investment Group, Inc.; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">2.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">3.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">4.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The registrant&#8217;s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have: </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">a)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">b)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">c)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Evaluated the effectiveness of the registrant&#8217;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">d)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Disclosed in this report any change in the registrant&#8217;s internal control over financial reporting that occurred during the registrant&#8217;s most recent fiscal quarter (the registrant&#8217;s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant&#8217;s internal control over financial reporting; and </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">5.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The registrant&#8217;s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant&#8217;s auditors and the audit committee of the registrant&#8217;s board of directors (or persons performing the equivalent functions): </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">a)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant&#8217;s ability to record, process, summarize and report financial information; and </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">b)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#8217;s internal control over financial reporting. </font></div></td></tr></table><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td style="width:60%;"></td><td style="width:1%;"></td><td style="width:39%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Date: April&#160;26, 2017</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">/s/ Christopher M. Bingaman</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Christopher M. Bingaman</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Chief Executive Officer</font></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><br></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div>	</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.2
<SEQUENCE>3
<FILENAME>ex-312x2017331.htm
<DESCRIPTION>EXHIBIT 31.2
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
		<!-- Document created using Wdesk 1 -->
		<!-- Copyright 2017 Workiva -->
		<title>Exhibit</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<div><a name="s657511C9A5D35719AF943EA6BE988BDB"></a></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CERTIFICATION FOR QUARTERLY REPORT ON FORM 10-Q </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">I, Thomas E. Line, certify that: </font></div><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">1.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">I have reviewed this Quarterly Report on Form 10-Q of Diamond Hill Investment Group, Inc.; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">2.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">3.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">4.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The registrant&#8217;s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have: </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">a)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">b)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">c)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Evaluated the effectiveness of the registrant&#8217;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">d)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Disclosed in this report any change in the registrant&#8217;s internal control over financial reporting that occurred during the registrant&#8217;s most recent fiscal quarter (the registrant&#8217;s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant&#8217;s internal control over financial reporting; and </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">5.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The registrant&#8217;s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant&#8217;s auditors and the audit committee of the registrant&#8217;s board of directors (or persons performing the equivalent functions): </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">a)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant&#8217;s ability to record, process, summarize and report financial information; and </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">b)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#8217;s internal control over financial reporting. </font></div></td></tr></table><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td style="width:60%;"></td><td style="width:1%;"></td><td style="width:39%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Date: April&#160;26, 2017</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">/s/ Thomas E. Line</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thomas E. Line</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Chief Financial Officer</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><br></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div>	</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32.1
<SEQUENCE>4
<FILENAME>ex-321x2017331.htm
<DESCRIPTION>EXHIBIT 32.1
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
		<!-- Document created using Wdesk 1 -->
		<!-- Copyright 2017 Workiva -->
		<title>Exhibit</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<div><a name="sB1842BEE773E5A01ADEDE733BDE1B7D2"></a></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CERTIFICATION PURSUANT TO </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">TITLE 18, UNITED STATES CODE, SECTION 1350, </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">AS ADOPTED PURSUANT TO </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In connection with the Quarterly Report of Diamond Hill Investment Group, Inc. (the &#8220;Company&#8221;) on Form 10-Q for the quarterly period ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">&#32;as filed with the Securities and Exchange Commission on the date hereof (the &#8220;Report&#8221;), Christopher M. Bingaman, Chief Executive Officer of the Company, and Thomas E. Line, Chief Financial Officer of the Company, certify, pursuant to Title 18, United States Code, Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that: </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="padding-top:6px;padding-bottom:6px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">(1)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">(2)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. </font></div></td></tr></table><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:right;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;text-align:-moz-right;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:36.5234375%;border-collapse:collapse;text-align:left;margin-left:auto;margin-right:0;"><tr><td colspan="1"></td></tr><tr><td style="width:100%;"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">/s/ Christopher M. Bingaman</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Print Name: Christopher M. Bingaman</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Title: Chief Executive Officer</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Date: April&#160;26, 2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">/s/ Thomas E. Line</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Print Name: Thomas E. Line</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Title: Chief Financial Officer</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Date: April&#160;26, 2017</font></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><br></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div>	</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.INS
<SEQUENCE>5
<FILENAME>dhil-20170331.xml
<DESCRIPTION>XBRL INSTANCE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!--p:3C2F6DEDDB345CBE81C75B84CC7C0309,x:472408cc12464531bff6033d6c7d8672-->
<xbrli:xbrl xmlns:country="http://xbrl.sec.gov/country/2016-01-31" xmlns:currency="http://xbrl.sec.gov/currency/2016-01-31" xmlns:dei="http://xbrl.sec.gov/dei/2014-01-31" xmlns:dhil="http://www.diamond-hill.com/20170331" xmlns:exch="http://xbrl.sec.gov/exch/2016-01-31" xmlns:invest="http://xbrl.sec.gov/invest/2013-01-31" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:naics="http://xbrl.sec.gov/naics/2011-01-31" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:sic="http://xbrl.sec.gov/sic/2011-01-31" xmlns:stpr="http://xbrl.sec.gov/stpr/2011-01-31" xmlns:us-gaap="http://fasb.org/us-gaap/2016-01-31" xmlns:us-roles="http://fasb.org/us-roles/2016-01-31" xmlns:us-types="http://fasb.org/us-types/2016-01-31" xmlns:utreg="http://www.xbrl.org/2009/utr" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
	<link:schemaRef xlink:href="dhil-20170331.xsd" xlink:type="simple" />
	<xbrli:context id="FD2017Q1YTD">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2017-01-01</xbrli:startDate>
			<xbrli:endDate>2017-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="I2017Q2SharesOutstanding">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-04-26</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2016Q4">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2016-12-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2016Q1YTD">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2016-01-01</xbrli:startDate>
			<xbrli:endDate>2016-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2017-01-01</xbrli:startDate>
			<xbrli:endDate>2017-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2017-01-01</xbrli:startDate>
			<xbrli:endDate>2017-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_StatementEquityComponentsAxis_us-gaap_DeferredCompensationShareBasedPaymentsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:DeferredCompensationShareBasedPaymentsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2016Q4_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2016-12-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_DeferredCompensationShareBasedPaymentsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:DeferredCompensationShareBasedPaymentsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2017-01-01</xbrli:startDate>
			<xbrli:endDate>2017-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2016Q4_us-gaap_StatementEquityComponentsAxis_us-gaap_DeferredCompensationShareBasedPaymentsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:DeferredCompensationShareBasedPaymentsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2016-12-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2016Q4_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2016-12-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2015Q4">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2015-12-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2016Q1">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2016-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2017Q1YTD_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndDate3Member">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis">dhil:AssetUnderManagementContractualPeriodEndDate3Member</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2017-01-01</xbrli:startDate>
			<xbrli:endDate>2017-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndDate4Member">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis">dhil:AssetUnderManagementContractualPeriodEndDate4Member</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2017Q1YTD_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndDate2Member">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis">dhil:AssetUnderManagementContractualPeriodEndDate2Member</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2017-01-01</xbrli:startDate>
			<xbrli:endDate>2017-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndDate3Member">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis">dhil:AssetUnderManagementContractualPeriodEndDate3Member</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndDateMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis">dhil:AssetUnderManagementContractualPeriodEndDateMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndDate2Member">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis">dhil:AssetUnderManagementContractualPeriodEndDate2Member</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2017Q1YTD_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndDate4Member">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis">dhil:AssetUnderManagementContractualPeriodEndDate4Member</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2017-01-01</xbrli:startDate>
			<xbrli:endDate>2017-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2017Q1YTD_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndDateMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis">dhil:AssetUnderManagementContractualPeriodEndDateMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2017-01-01</xbrli:startDate>
			<xbrli:endDate>2017-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndTotalMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis">dhil:AssetUnderManagementContractualPeriodEndTotalMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2017Q1YTD_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndTotalMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis">dhil:AssetUnderManagementContractualPeriodEndTotalMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2017-01-01</xbrli:startDate>
			<xbrli:endDate>2017-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementFrequencyAxis">us-gaap:FairValueMeasurementsRecurringMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SeedCapitalInvestmentsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementFrequencyAxis">us-gaap:FairValueMeasurementsRecurringMember</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">dhil:SeedCapitalInvestmentsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementFrequencyAxis">us-gaap:FairValueMeasurementsRecurringMember</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">dhil:SecuritiesheldinConsolidatedFundsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementFrequencyAxis">us-gaap:FairValueMeasurementsRecurringMember</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">dhil:SecuritiesheldinConsolidatedFundsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementFrequencyAxis">us-gaap:FairValueMeasurementsRecurringMember</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">dhil:SecuritiesheldinConsolidatedFundsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementFrequencyAxis">us-gaap:FairValueMeasurementsRecurringMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementFrequencyAxis">us-gaap:FairValueMeasurementsRecurringMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementFrequencyAxis">us-gaap:FairValueMeasurementsRecurringMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementFrequencyAxis">us-gaap:FairValueMeasurementsRecurringMember</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">dhil:SecuritiesheldinConsolidatedFundsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SeedCapitalInvestmentsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementFrequencyAxis">us-gaap:FairValueMeasurementsRecurringMember</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">dhil:SeedCapitalInvestmentsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SeedCapitalInvestmentsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementFrequencyAxis">us-gaap:FairValueMeasurementsRecurringMember</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">dhil:SeedCapitalInvestmentsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SeedCapitalInvestmentsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementFrequencyAxis">us-gaap:FairValueMeasurementsRecurringMember</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">dhil:SeedCapitalInvestmentsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2017Q1YTD_us-gaap_RelatedPartyTransactionAxis_dhil_InvestmentAdvisoryServicesMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionAxis">dhil:InvestmentAdvisoryServicesMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2017-01-01</xbrli:startDate>
			<xbrli:endDate>2017-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2017Q1YTD_us-gaap_RelatedPartyTransactionAxis_dhil_MutualfundadministrativeservicesMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionAxis">dhil:MutualfundadministrativeservicesMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2017-01-01</xbrli:startDate>
			<xbrli:endDate>2017-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">dhil:SecuritiesheldinConsolidatedFundsMember</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:ParentMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember_us-gaap_StatementEquityComponentsAxis_us-gaap_NoncontrollingInterestMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">dhil:SecuritiesheldinConsolidatedFundsMember</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:NoncontrollingInterestMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MoneyMarketFundsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MoneyMarketFundsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2016Q1YTD_us-gaap_RelatedPartyTransactionAxis_dhil_MutualfundadministrativeservicesMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionAxis">dhil:MutualfundadministrativeservicesMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2016-01-01</xbrli:startDate>
			<xbrli:endDate>2016-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2016Q1YTD_us-gaap_RelatedPartyTransactionAxis_dhil_InvestmentAdvisoryServicesMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionAxis">dhil:InvestmentAdvisoryServicesMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2016-01-01</xbrli:startDate>
			<xbrli:endDate>2016-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_InvestmentTypeAxis_dhil_ResearchOpportunitiesFundMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">dhil:ResearchOpportunitiesFundMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_FairValueByAssetClassAxis_us-gaap_TradingAccountAssetsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByAssetClassAxis">us-gaap:TradingAccountAssetsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2016Q4_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember_us-gaap_StatementEquityComponentsAxis_us-gaap_NoncontrollingInterestMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">dhil:SecuritiesheldinConsolidatedFundsMember</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:NoncontrollingInterestMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2016-12-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_InvestmentTypeAxis_dhil_InternationalEquityFundLPMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">dhil:InternationalEquityFundLPMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_InvestmentTypeAxis_dhil_MidCapFundMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">dhil:MidCapFundMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2016Q4_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">dhil:SecuritiesheldinConsolidatedFundsMember</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:ParentMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2016-12-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2016Q4_us-gaap_FairValueByAssetClassAxis_us-gaap_EquityMethodInvestmentsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByAssetClassAxis">us-gaap:EquityMethodInvestmentsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2016-12-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2016Q4_us-gaap_FairValueByAssetClassAxis_us-gaap_TradingAccountAssetsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByAssetClassAxis">us-gaap:TradingAccountAssetsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2016-12-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_InvestmentTypeAxis_dhil_GlobalFundLPMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">dhil:GlobalFundLPMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_FairValueByAssetClassAxis_us-gaap_EquityMethodInvestmentsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:FairValueByAssetClassAxis">us-gaap:EquityMethodInvestmentsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SeedCapitalInvestmentsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">dhil:SeedCapitalInvestmentsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2016Q4_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SeedCapitalInvestmentsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">dhil:SeedCapitalInvestmentsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2016-12-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">dhil:SecuritiesheldinConsolidatedFundsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2016Q4_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">dhil:SecuritiesheldinConsolidatedFundsMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2016-12-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2017Q1YTD_us-gaap_CreditFacilityAxis_us-gaap_LineOfCreditMember_us-gaap_DebtInstrumentAxis_dhil_TheCreditAgreementMember_us-gaap_VariableRateAxis_us-gaap_LondonInterbankOfferedRateLIBORMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">us-gaap:LineOfCreditMember</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">dhil:TheCreditAgreementMember</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:VariableRateAxis">us-gaap:LondonInterbankOfferedRateLIBORMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2017-01-01</xbrli:startDate>
			<xbrli:endDate>2017-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_CreditFacilityAxis_us-gaap_LineOfCreditMember_us-gaap_DebtInstrumentAxis_dhil_TheCreditAgreementMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">us-gaap:LineOfCreditMember</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">dhil:TheCreditAgreementMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2017Q1YTD_us-gaap_CreditFacilityAxis_us-gaap_LineOfCreditMember_us-gaap_DebtInstrumentAxis_dhil_TheCreditAgreementMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">us-gaap:LineOfCreditMember</xbrldi:explicitMember>
				<xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">dhil:TheCreditAgreementMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2017-01-01</xbrli:startDate>
			<xbrli:endDate>2017-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2017Q1YTD_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockUnitsRSUMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2017-01-01</xbrli:startDate>
			<xbrli:endDate>2017-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockUnitsRSUMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2016Q4_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockUnitsRSUMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2016-12-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2017Q1YTD_us-gaap_RangeAxis_us-gaap_MinimumMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2017-01-01</xbrli:startDate>
			<xbrli:endDate>2017-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FI2017Q1_us-gaap_AwardTypeAxis_dhil_EquityAndCashIncentivePlanMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">dhil:EquityAndCashIncentivePlanMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:instant>2017-03-31</xbrli:instant>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2016Q1YTD_us-gaap_StatementEquityComponentsAxis_dhil_SharesOutstandingMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">dhil:SharesOutstandingMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2016-01-01</xbrli:startDate>
			<xbrli:endDate>2016-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2016Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2016-01-01</xbrli:startDate>
			<xbrli:endDate>2016-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_dhil_SharesOutstandingMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">dhil:SharesOutstandingMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2017-01-01</xbrli:startDate>
			<xbrli:endDate>2017-03-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:context id="FD2016Q4YTD">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0000909108</xbrli:identifier>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2016-01-01</xbrli:startDate>
			<xbrli:endDate>2016-12-31</xbrli:endDate>
		</xbrli:period>
	</xbrli:context>
	<xbrli:unit id="number">
		<xbrli:measure>xbrli:pure</xbrli:measure>
	</xbrli:unit>
	<xbrli:unit id="sqft">
		<xbrli:measure>utreg:sqft</xbrli:measure>
	</xbrli:unit>
	<xbrli:unit id="Location">
		<xbrli:measure>dhil:Location</xbrli:measure>
	</xbrli:unit>
	<xbrli:unit id="shares">
		<xbrli:measure>xbrli:shares</xbrli:measure>
	</xbrli:unit>
	<xbrli:unit id="usd">
		<xbrli:measure>iso4217:USD</xbrli:measure>
	</xbrli:unit>
	<xbrli:unit id="usdPerShare">
		<xbrli:divide>
			<xbrli:unitNumerator>
				<xbrli:measure>iso4217:USD</xbrli:measure>
			</xbrli:unitNumerator>
			<xbrli:unitDenominator>
				<xbrli:measure>xbrli:shares</xbrli:measure>
			</xbrli:unitDenominator>
		</xbrli:divide>
	</xbrli:unit>
	<xbrli:unit id="Segment">
		<xbrli:measure>dhil:Segment</xbrli:measure>
	</xbrli:unit>
	<dei:AmendmentFlag contextRef="FD2017Q1YTD" id="Fact-916F689390F75055A6D19D2C4A1C908B">false</dei:AmendmentFlag>
	<dei:CurrentFiscalYearEndDate contextRef="FD2017Q1YTD" id="Fact-A955BE1C5FC350A89CCB835F7855776A">--12-31</dei:CurrentFiscalYearEndDate>
	<dei:DocumentFiscalPeriodFocus contextRef="FD2017Q1YTD" id="Fact-6380EF0CE0705405B2318E0DA81BD43B">Q1</dei:DocumentFiscalPeriodFocus>
	<dei:DocumentFiscalYearFocus contextRef="FD2017Q1YTD" id="Fact-7DCD5B34D22F56C5A3B43880C0F0559C">2017</dei:DocumentFiscalYearFocus>
	<dei:DocumentPeriodEndDate contextRef="FD2017Q1YTD" id="Fact-86F902D2DF9C5693929ED688369BB542">2017-03-31</dei:DocumentPeriodEndDate>
	<dei:DocumentType contextRef="FD2017Q1YTD" id="Fact-A8C2562DAD315797B515550B90BA1011">10-Q</dei:DocumentType>
	<dei:EntityCentralIndexKey contextRef="FD2017Q1YTD" id="Fact-F596A888999D528ABC91EAACBCA6C4A6">0000909108</dei:EntityCentralIndexKey>
	<dei:EntityCommonStockSharesOutstanding contextRef="I2017Q2SharesOutstanding" decimals="INF" id="Fact-5B5D02F601F35F1B8DB042B201EE6A09" unitRef="shares">3441167</dei:EntityCommonStockSharesOutstanding>
	<dei:EntityFilerCategory contextRef="FD2017Q1YTD" id="Fact-E63A530082875A1A880D34AD63FF045A">Accelerated Filer</dei:EntityFilerCategory>
	<dei:EntityRegistrantName contextRef="FD2017Q1YTD" id="Fact-B5C71267CDFA5B1585AD9E9F6FA5815C">DIAMOND HILL INVESTMENT GROUP INC</dei:EntityRegistrantName>
	<dhil:AdvanceCommissionsAmortizationPeriod contextRef="FD2017Q1YTD" id="Fact-98E20C69F13451A38B122280BD10992E">P12M</dhil:AdvanceCommissionsAmortizationPeriod>
	<dhil:AmortizationOfRestrictedStockGrants contextRef="FD2017Q1YTD" decimals="0" id="Fact-490A8A913E97500C9E6F563E81D70F1F" unitRef="usd">1578824</dhil:AmortizationOfRestrictedStockGrants>
	<dhil:AmortizationOfRestrictedStockGrants contextRef="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_DeferredCompensationShareBasedPaymentsMember" decimals="0" id="Fact-F5DD5F7F652A5B9F853FC52936282DA0" unitRef="usd">1578824</dhil:AmortizationOfRestrictedStockGrants>
	<dhil:AssetsUnderManagementVariablePerformanceFees contextRef="FI2017Q1_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndDate2Member" decimals="0" id="Fact-EFFA326F8C3B60D155218B87271B7E16" unitRef="usd">33309551</dhil:AssetsUnderManagementVariablePerformanceFees>
	<dhil:AssetsUnderManagementVariablePerformanceFees contextRef="FI2017Q1_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndDate3Member" decimals="0" id="Fact-768C2DC2509F84DE2CFC8B87271EAF12" unitRef="usd">10957815</dhil:AssetsUnderManagementVariablePerformanceFees>
	<dhil:AssetsUnderManagementVariablePerformanceFees contextRef="FI2017Q1_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndDate4Member" decimals="0" id="Fact-695B50119345E5426EE08B8727165CF4" unitRef="usd">246450605</dhil:AssetsUnderManagementVariablePerformanceFees>
	<dhil:AssetsUnderManagementVariablePerformanceFees contextRef="FI2017Q1_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndDateMember" decimals="0" id="Fact-A034D4AB6895D7B92FFF8B872710FEEF" unitRef="usd">100372212</dhil:AssetsUnderManagementVariablePerformanceFees>
	<dhil:AssetsUnderManagementVariablePerformanceFees contextRef="FI2017Q1_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndTotalMember" decimals="0" id="Fact-5BCFF127DFEF5D6E81003E915E31D59E" unitRef="usd">391090183</dhil:AssetsUnderManagementVariablePerformanceFees>
	<dhil:BookValuePerShare contextRef="FI2016Q4" decimals="INF" id="Fact-6FC79B1306205F32B214AD93587906B9" unitRef="usdPerShare">40.81</dhil:BookValuePerShare>
	<dhil:BookValuePerShare contextRef="FI2017Q1" decimals="INF" id="Fact-4194AE1F9C0A5AD299720EBF059C08AA" unitRef="usdPerShare">45.62</dhil:BookValuePerShare>
	<dhil:BrokerCommissionAdvanceRepayments contextRef="FD2016Q1YTD" decimals="0" id="Fact-2BFF5550181159998DD370F6D878F47E" unitRef="usd">193310</dhil:BrokerCommissionAdvanceRepayments>
	<dhil:BrokerCommissionAdvanceRepayments contextRef="FD2017Q1YTD" decimals="0" id="Fact-A9F85703D1935033AFAD1049BA866361" unitRef="usd">113470</dhil:BrokerCommissionAdvanceRepayments>
	<dhil:BrokerCommissionAmortization contextRef="FD2016Q1YTD" decimals="0" id="Fact-3031ABC4F562504D98DBF725EE38DA19" unitRef="usd">212313</dhil:BrokerCommissionAmortization>
	<dhil:BrokerCommissionAmortization contextRef="FD2017Q1YTD" decimals="0" id="Fact-028B4662EE20570282FC1CB7F1C36020" unitRef="usd">100220</dhil:BrokerCommissionAmortization>
	<dhil:ContributionofInvestmentsandPropertyandEquipment contextRef="FD2016Q1YTD" decimals="0" id="Fact-E5EC6A52CD6A5301984E5730211AA4E6" unitRef="usd">1729735</dhil:ContributionofInvestmentsandPropertyandEquipment>
	<dhil:ContributionofInvestmentsandPropertyandEquipment contextRef="FD2017Q1YTD" decimals="0" id="Fact-EF45E251BA9F5213A67704E4B7C0281E" unitRef="usd">1748841</dhil:ContributionofInvestmentsandPropertyandEquipment>
	<dhil:DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod contextRef="FD2017Q1YTD_us-gaap_RangeAxis_us-gaap_MinimumMember" id="Fact-1627881FBEAA517999A940D7BCE2A452">P5Y</dhil:DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod>
	<dhil:DeferredCompensationInvestmentsFairValueDisclosure contextRef="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember" decimals="0" id="Fact-86DFE90B47F5542C9639774F00AC886E" unitRef="usd">18683617</dhil:DeferredCompensationInvestmentsFairValueDisclosure>
	<dhil:DeferredCompensationInvestmentsFairValueDisclosure contextRef="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember" decimals="0" id="Fact-4CF5860796FA533797745D5266F80271" unitRef="usd">0</dhil:DeferredCompensationInvestmentsFairValueDisclosure>
	<dhil:DeferredCompensationInvestmentsFairValueDisclosure contextRef="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember" decimals="0" id="Fact-1938A55222A055C6ACC71C13A884F8F1" unitRef="usd">0</dhil:DeferredCompensationInvestmentsFairValueDisclosure>
	<dhil:DeferredCompensationInvestmentsFairValueDisclosure contextRef="FI2017Q1_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember" decimals="0" id="Fact-5BECE4ACB2815424B38257C2D340D66D" unitRef="usd">18683617</dhil:DeferredCompensationInvestmentsFairValueDisclosure>
	<dhil:EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount contextRef="FD2017Q1YTD" decimals="-5" id="Fact-16CBB1663DCBD660495B9C23A0526E82" unitRef="usd">400000</dhil:EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount>
	<dhil:EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount contextRef="FD2016Q1YTD" decimals="-5" id="Fact-50AAF12B6FB853B0B00866FD4EC9B807" unitRef="usd">100000</dhil:EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount>
	<dhil:EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount contextRef="FD2017Q1YTD" decimals="-5" id="Fact-5A4941668BC65A7E9A8C09F2F52E0BD5" unitRef="usd">100000</dhil:EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount>
	<dhil:EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent contextRef="FI2017Q1_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember" decimals="0" id="Fact-BA152EB9A0365810BA647E3F3F7E548A" unitRef="usd">4845782</dhil:EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent>
	<dhil:EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive contextRef="FI2017Q1_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember" decimals="0" id="Fact-CE0BC718915358E4B5A904E6BBB80553" unitRef="usd">907498</dhil:EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive>
	<dhil:EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour contextRef="FI2017Q1_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember" decimals="0" id="Fact-CACE8BD1DFA85DEAB8D2CEEDE8007ED4" unitRef="usd">872849</dhil:EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour>
	<dhil:EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne contextRef="FI2017Q1_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember" decimals="0" id="Fact-DDDA272627C450D5A33964532E820568" unitRef="usd">4773030</dhil:EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne>
	<dhil:EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree contextRef="FI2017Q1_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember" decimals="0" id="Fact-66E2D440B0605934A3E06AAD91CDE3C8" unitRef="usd">2364048</dhil:EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree>
	<dhil:EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo contextRef="FI2017Q1_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember" decimals="0" id="Fact-1A4061BE2A20504A95FA969FE7559281" unitRef="usd">4036576</dhil:EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo>
	<dhil:EquityMethodInvestmentSummarizedFinancialInformationExpenses contextRef="FD2016Q1YTD" decimals="0" id="Fact-785E1AA2B574325B612587DA2ED51973" unitRef="usd">62226</dhil:EquityMethodInvestmentSummarizedFinancialInformationExpenses>
	<dhil:EquityMethodInvestmentSummarizedFinancialInformationExpenses contextRef="FD2017Q1YTD" decimals="0" id="Fact-32F484B1F43F584A29F987D87DCFDE24" unitRef="usd">370393</dhil:EquityMethodInvestmentSummarizedFinancialInformationExpenses>
	<dhil:EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation contextRef="FD2016Q1YTD" decimals="0" id="Fact-34024CBCE5C099CA72BF87DA61F1D825" unitRef="usd">1104266</dhil:EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation>
	<dhil:EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation contextRef="FD2017Q1YTD" decimals="0" id="Fact-71132D316F1D47589E1787D908B062B4" unitRef="usd">2921247</dhil:EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation>
	<dhil:EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses contextRef="FD2016Q1YTD" decimals="0" id="Fact-905496B06FDAC9E9A91087DA4B272082" unitRef="usd">-95785</dhil:EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses>
	<dhil:EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses contextRef="FD2017Q1YTD" decimals="0" id="Fact-1A8228AC23541732F75987D8E2F50F65" unitRef="usd">1299286</dhil:EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses>
	<dhil:FairValueTransfersBetweenLevel1Level2orLevel3Amount contextRef="FI2016Q4" decimals="INF" id="Fact-00FF6979AB8C5BB3A410B3F969635817" unitRef="usd">0</dhil:FairValueTransfersBetweenLevel1Level2orLevel3Amount>
	<dhil:FairValueTransfersBetweenLevel1Level2orLevel3Amount contextRef="FI2017Q1" decimals="INF" id="Fact-00578CAE1FAE553EBBF72FF276FB8666" unitRef="usd">0</dhil:FairValueTransfersBetweenLevel1Level2orLevel3Amount>
	<dhil:FinancingActivityNet contextRef="FD2016Q1YTD" decimals="0" id="Fact-BEB4D52D328F58CB8423D94B7FB226AA" unitRef="usd">-19003</dhil:FinancingActivityNet>
	<dhil:FinancingActivityNet contextRef="FD2017Q1YTD" decimals="0" id="Fact-7206691F372D5806B396A268E2CBDABF" unitRef="usd">13250</dhil:FinancingActivityNet>
	<dhil:FundRelatedExpense contextRef="FD2016Q1YTD" decimals="0" id="Fact-E624847932CF56888525E6DDDE6F3C2D" unitRef="usd">3268063</dhil:FundRelatedExpense>
	<dhil:FundRelatedExpense contextRef="FD2017Q1YTD" decimals="0" id="Fact-50582BEE089359B58E41DA6E8146A1AF" unitRef="usd">3148951</dhil:FundRelatedExpense>
	<dhil:IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities contextRef="FD2016Q1YTD" decimals="0" id="Fact-518FA57066ED50CD91CF820AF6E5A6A7" unitRef="usd">-925000</dhil:IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities>
	<dhil:IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities contextRef="FD2017Q1YTD" decimals="0" id="Fact-1B7AAAFEDB3454E4947C24C89889C432" unitRef="usd">0</dhil:IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities>
	<dhil:IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities contextRef="FD2016Q1YTD" decimals="0" id="Fact-206BC97988AA59E48E387DD089D021DE" unitRef="usd">925000</dhil:IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities>
	<dhil:IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities contextRef="FD2017Q1YTD" decimals="0" id="Fact-6A964D40E1F65ABD81AFCEE50EC2AD8A" unitRef="usd">0</dhil:IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities>
	<dhil:LesseeLeasingAgreementsOperatingLeasesAreaunderLease contextRef="FD2017Q1YTD" decimals="0" id="Fact-8E00660D26FD5C6ABD92A13D950D0CE9" unitRef="sqft">37829</dhil:LesseeLeasingAgreementsOperatingLeasesAreaunderLease>
	<dhil:LesseeLeasingAgreementsOperatingLeasesLocations contextRef="FI2017Q1" decimals="0" id="Fact-62750FB9546D500D86432D84EE31B02D" unitRef="Location">1</dhil:LesseeLeasingAgreementsOperatingLeasesLocations>
	<dhil:NetissuanceofETFsharesformarketablesecurities contextRef="FD2016Q1YTD" decimals="0" id="Fact-C5B5DAD5D7D86AE40D2A81691ED9614D" unitRef="usd">1077565</dhil:NetissuanceofETFsharesformarketablesecurities>
	<dhil:NetissuanceofETFsharesformarketablesecurities contextRef="FD2017Q1YTD" decimals="0" id="Fact-31C0A47FE3065CDBB8CF1C587384FF4D" unitRef="usd">1351436</dhil:NetissuanceofETFsharesformarketablesecurities>
	<dhil:OperatingLeaseExpenseExcludingRent contextRef="FD2016Q4YTD" decimals="-5" id="Fact-2CEF684C2DAC528EA7A8653915E7F8DF" unitRef="usd">400000</dhil:OperatingLeaseExpenseExcludingRent>
	<dhil:PotentialVariableFeesBasedUponCurrentInvestmentResults contextRef="FD2017Q1YTD_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndDate2Member" decimals="0" id="Fact-7CDCFEC7B0995A6EA033516CDE790B91" unitRef="usd">481397</dhil:PotentialVariableFeesBasedUponCurrentInvestmentResults>
	<dhil:PotentialVariableFeesBasedUponCurrentInvestmentResults contextRef="FD2017Q1YTD_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndDate3Member" decimals="0" id="Fact-4FB7728B5EF05318A1B77E5DEB219B53" unitRef="usd">0</dhil:PotentialVariableFeesBasedUponCurrentInvestmentResults>
	<dhil:PotentialVariableFeesBasedUponCurrentInvestmentResults contextRef="FD2017Q1YTD_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndDate4Member" decimals="0" id="Fact-B46DA1C77EFEF67D61288B8772D7C94D" unitRef="usd">860314</dhil:PotentialVariableFeesBasedUponCurrentInvestmentResults>
	<dhil:PotentialVariableFeesBasedUponCurrentInvestmentResults contextRef="FD2017Q1YTD_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndDateMember" decimals="0" id="Fact-8F78F04C28DB5719AC873087B709CAE9" unitRef="usd">650510</dhil:PotentialVariableFeesBasedUponCurrentInvestmentResults>
	<dhil:PotentialVariableFeesBasedUponCurrentInvestmentResults contextRef="FD2017Q1YTD_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_dhil_AssetUnderManagementContractualPeriodEndTotalMember" decimals="0" id="Fact-73F63B56C549A03CC5968B8A6FDFCD4D" unitRef="usd">1992221</dhil:PotentialVariableFeesBasedUponCurrentInvestmentResults>
	<dhil:RevenueFromAdministrativeServicesExcludingFinancialActivityNet contextRef="FD2016Q1YTD" decimals="0" id="Fact-B2CEAEDD41BF5CA98C5B8AD225E9CF00" unitRef="usd">3789708</dhil:RevenueFromAdministrativeServicesExcludingFinancialActivityNet>
	<dhil:RevenueFromAdministrativeServicesExcludingFinancialActivityNet contextRef="FD2017Q1YTD" decimals="0" id="Fact-292D54FEAB055E5DB8BB8410015CCAD4" unitRef="usd">3287408</dhil:RevenueFromAdministrativeServicesExcludingFinancialActivityNet>
	<dhil:RevenueFromAdministrativeServicesNet contextRef="FD2016Q1YTD" decimals="0" id="Fact-58020DD21E645F2C88C00B28AB418C1D" unitRef="usd">3770705</dhil:RevenueFromAdministrativeServicesNet>
	<dhil:RevenueFromAdministrativeServicesNet contextRef="FD2017Q1YTD" decimals="0" id="Fact-FE4D42C65C9D542BA4B1A332A8379A89" unitRef="usd">3300658</dhil:RevenueFromAdministrativeServicesNet>
	<dhil:RollingClientInvestmentPerformancePeriod contextRef="FD2017Q1YTD" id="Fact-66FDB8DAC6C9568E88175D86ACFA2D55">P5Y</dhil:RollingClientInvestmentPerformancePeriod>
	<dhil:ServiceFeesAndCommissionExpensePaymentsToThirdParties contextRef="FD2016Q1YTD" decimals="0" id="Fact-B613B2841E2551398C65B014676BDB5B" unitRef="usd">2328490</dhil:ServiceFeesAndCommissionExpensePaymentsToThirdParties>
	<dhil:ServiceFeesAndCommissionExpensePaymentsToThirdParties contextRef="FD2017Q1YTD" decimals="0" id="Fact-23DAC1F90CE55564B9C0CC9A99A5FD18" unitRef="usd">0</dhil:ServiceFeesAndCommissionExpensePaymentsToThirdParties>
	<dhil:SubscriptionFromRedemptionDistributionToNoncontrollingInterest contextRef="FD2017Q1YTD" decimals="0" id="Fact-FBF826E9D3A054139FE2703969B1AB43" unitRef="usd">2009103</dhil:SubscriptionFromRedemptionDistributionToNoncontrollingInterest>
	<us-gaap:AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent contextRef="FI2016Q4" decimals="0" id="Fact-98D53BB2E4675094B678CBE9B5EA2EBC" unitRef="usd">9787048</us-gaap:AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent>
	<us-gaap:AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent contextRef="FI2017Q1" decimals="0" id="Fact-A086F60592BA51009AC7F214D3199BB9" unitRef="usd">6535053</us-gaap:AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent>
	<us-gaap:AccountsReceivableNet contextRef="FI2016Q4" decimals="0" id="Fact-236AA4D6F4D55B9DBD4BC3423DA4CF30" unitRef="usd">18605209</us-gaap:AccountsReceivableNet>
	<us-gaap:AccountsReceivableNet contextRef="FI2017Q1" decimals="0" id="Fact-24D52406CCED57EFABEE69C2FD517DCF" unitRef="usd">18854644</us-gaap:AccountsReceivableNet>
	<us-gaap:AccountsReceivableRelatedParties contextRef="FI2016Q4" decimals="-5" id="Fact-F8ECB1BA4F395DB7999F0029B808AA4B" unitRef="usd">10400000</us-gaap:AccountsReceivableRelatedParties>
	<us-gaap:AccountsReceivableRelatedParties contextRef="FI2017Q1" decimals="-5" id="Fact-724FB1BD81965779BE2D520218DFDF04" unitRef="usd">10900000</us-gaap:AccountsReceivableRelatedParties>
	<us-gaap:AccruedBonusesCurrent contextRef="FI2016Q4" decimals="0" id="Fact-F5423DEB32A15C25811422FACF8BF7D9" unitRef="usd">22683500</us-gaap:AccruedBonusesCurrent>
	<us-gaap:AccruedBonusesCurrent contextRef="FI2017Q1" decimals="0" id="Fact-23B4BA8B0E3A56FE849DBB516BA2CC6D" unitRef="usd">6487000</us-gaap:AccruedBonusesCurrent>
	<us-gaap:AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation contextRef="FD2017Q1YTD" decimals="0" id="Fact-8467C8ED318652BAAF2C58AF1CD4FC15" unitRef="usd">796920</us-gaap:AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation>
	<us-gaap:AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation contextRef="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="0" id="Fact-40D93DC371335684ADA5A6B4E0375893" unitRef="usd">796920</us-gaap:AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation>
	<us-gaap:AdministrativeServicesRevenue contextRef="FD2016Q1YTD" decimals="0" id="Fact-3FE85F9D33785AEC8CBB6FEAFED06C2E" unitRef="usd">6760870</us-gaap:AdministrativeServicesRevenue>
	<us-gaap:AdministrativeServicesRevenue contextRef="FD2017Q1YTD" decimals="0" id="Fact-A3FAB8C4D3AE58FD883487A595E06C71" unitRef="usd">6436359</us-gaap:AdministrativeServicesRevenue>
	<us-gaap:AllowanceForDoubtfulAccountsReceivable contextRef="FI2016Q4" decimals="INF" id="Fact-14AE409AB67058218F1929FF6A081C0D" unitRef="usd">0</us-gaap:AllowanceForDoubtfulAccountsReceivable>
	<us-gaap:AllowanceForDoubtfulAccountsReceivable contextRef="FI2017Q1" decimals="INF" id="Fact-8AA07ED79EFD5BCB9529E9D2D68ECA64" unitRef="usd">0</us-gaap:AllowanceForDoubtfulAccountsReceivable>
	<us-gaap:AssetManagementCosts contextRef="FD2016Q1YTD" decimals="0" id="Fact-AA5D90FF7518576BB332567CD2B9EE61" unitRef="usd">876066</us-gaap:AssetManagementCosts>
	<us-gaap:AssetManagementCosts contextRef="FD2017Q1YTD" decimals="0" id="Fact-90402A8D986753CEB6FCF590DDCA01F6" unitRef="usd">1000616</us-gaap:AssetManagementCosts>
	<us-gaap:Assets contextRef="FI2016Q4" decimals="0" id="Fact-42FEF6011F3C50AEAF6BABDCCE976713" unitRef="usd">199717861</us-gaap:Assets>
	<us-gaap:Assets contextRef="FI2017Q1" decimals="0" id="Fact-33CE1A2188985E7D8DA99F6E9360B9DD" unitRef="usd">210884949</us-gaap:Assets>
	<us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="FI2015Q4" decimals="0" id="Fact-483EB528E49255A2AC6682A63B896D6C" unitRef="usd">57474777</us-gaap:CashAndCashEquivalentsAtCarryingValue>
	<us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="FI2016Q1" decimals="0" id="Fact-5B7C30DCD4CE5A8E832F38BA94B0F12C" unitRef="usd">49337654</us-gaap:CashAndCashEquivalentsAtCarryingValue>
	<us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="FI2016Q4" decimals="0" id="Fact-8CB59864FBD05AD29EAE8930784EE62A" unitRef="usd">57189876</us-gaap:CashAndCashEquivalentsAtCarryingValue>
	<us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="FI2017Q1" decimals="0" id="Fact-3EB1C3EF0C1357558A44F50D34EDAE12" unitRef="usd">59317703</us-gaap:CashAndCashEquivalentsAtCarryingValue>
	<us-gaap:CashAndCashEquivalentsFairValueDisclosure contextRef="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember" decimals="0" id="Fact-C45678BD94285B34B07AEA54404C348B" unitRef="usd">58101003</us-gaap:CashAndCashEquivalentsFairValueDisclosure>
	<us-gaap:CashAndCashEquivalentsFairValueDisclosure contextRef="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MoneyMarketFundsMember" decimals="-5" id="Fact-638DBFFB4ACF5525A23758E52B46FEC7" unitRef="usd">58100000</us-gaap:CashAndCashEquivalentsFairValueDisclosure>
	<us-gaap:CashAndCashEquivalentsFairValueDisclosure contextRef="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember" decimals="0" id="Fact-1C9417325A005FB6B18EA2297FA427E0" unitRef="usd">0</us-gaap:CashAndCashEquivalentsFairValueDisclosure>
	<us-gaap:CashAndCashEquivalentsFairValueDisclosure contextRef="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember" decimals="0" id="Fact-E1609FE7D74151C492DBFDC12C2C290F" unitRef="usd">0</us-gaap:CashAndCashEquivalentsFairValueDisclosure>
	<us-gaap:CashAndCashEquivalentsFairValueDisclosure contextRef="FI2017Q1_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember" decimals="0" id="Fact-2E43DC1715B957E9BD8A49ECC5937DDD" unitRef="usd">58101003</us-gaap:CashAndCashEquivalentsFairValueDisclosure>
	<us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="FD2016Q1YTD" decimals="0" id="Fact-C1BCBDFDEB2657478B8CE70790415CAD" unitRef="usd">-8137123</us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
	<us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="FD2017Q1YTD" decimals="0" id="Fact-082636EE5B445F5C9887FBC8A3C1CDB9" unitRef="usd">2127827</us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
	<us-gaap:CommonStockNoParValue contextRef="FI2016Q4" id="Fact-CEF5A2ECDACD5D56ABD9F234ADC6302D" unitRef="usdPerShare" xsi:nil="true" />
	<us-gaap:CommonStockNoParValue contextRef="FI2017Q1" id="Fact-ED7A7462729F5A1FBA1BF110AAD3D89F" unitRef="usdPerShare" xsi:nil="true" />
	<us-gaap:CommonStockSharesAuthorized contextRef="FI2016Q4" decimals="INF" id="Fact-7745869F0E74575D8C4CDD19158FFEEE" unitRef="shares">7000000</us-gaap:CommonStockSharesAuthorized>
	<us-gaap:CommonStockSharesAuthorized contextRef="FI2017Q1" decimals="INF" id="Fact-6584BE4EB2A757BCA93A64D65D50429A" unitRef="shares">7000000</us-gaap:CommonStockSharesAuthorized>
	<us-gaap:CommonStockSharesIssued contextRef="FI2016Q4" decimals="INF" id="Fact-1F41E8FA12425324BE4DBEA9A4E2521E" unitRef="shares">3411556</us-gaap:CommonStockSharesIssued>
	<us-gaap:CommonStockSharesIssued contextRef="FI2017Q1" decimals="INF" id="Fact-8AA9C3D37989565C9782EBA825445EE3" unitRef="shares">3443013</us-gaap:CommonStockSharesIssued>
	<us-gaap:CommonStockSharesOutstanding contextRef="FI2016Q4" decimals="INF" id="Fact-93F71E62CB3956A88F0C863C784C54E5" unitRef="shares">3411556</us-gaap:CommonStockSharesOutstanding>
	<us-gaap:CommonStockSharesOutstanding contextRef="FI2016Q4_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="Fact-5E4F5E74FDB35502B60FD4C9D8D505BB" unitRef="shares">3411556</us-gaap:CommonStockSharesOutstanding>
	<us-gaap:CommonStockSharesOutstanding contextRef="FI2017Q1" decimals="INF" id="Fact-6075B12FB13A5313A701357B31ACAAD9" unitRef="shares">3443013</us-gaap:CommonStockSharesOutstanding>
	<us-gaap:CommonStockSharesOutstanding contextRef="FI2017Q1_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="Fact-44CA74034242564F8CCC21DFCA69FDBE" unitRef="shares">3443013</us-gaap:CommonStockSharesOutstanding>
	<us-gaap:CommonStockValue contextRef="FI2016Q4" decimals="0" id="Fact-777CDF29E47C5DF99940831CA11B159F" unitRef="usd">109293803</us-gaap:CommonStockValue>
	<us-gaap:CommonStockValue contextRef="FI2017Q1" decimals="0" id="Fact-BAFE4C7D3B60530F86584B8D7F5B9B96" unitRef="usd">114459766</us-gaap:CommonStockValue>
	<us-gaap:DebtInstrumentBasisSpreadOnVariableRate1 contextRef="FD2017Q1YTD_us-gaap_CreditFacilityAxis_us-gaap_LineOfCreditMember_us-gaap_DebtInstrumentAxis_dhil_TheCreditAgreementMember_us-gaap_VariableRateAxis_us-gaap_LondonInterbankOfferedRateLIBORMember" decimals="INF" id="Fact-4EB6D97D7FBD54789740399F549A7282" unitRef="number">0.015</us-gaap:DebtInstrumentBasisSpreadOnVariableRate1>
	<us-gaap:DeferredCompensationEquity contextRef="FI2016Q4" decimals="0" id="Fact-3E29D9A0453053B8A453C2D6742A30FB" unitRef="usd">17728106</us-gaap:DeferredCompensationEquity>
	<us-gaap:DeferredCompensationEquity contextRef="FI2017Q1" decimals="0" id="Fact-708D47B2226B576AA84D7F754BE03D1B" unitRef="usd">17799783</us-gaap:DeferredCompensationEquity>
	<us-gaap:DeferredCompensationLiabilityCurrentAndNoncurrent contextRef="FI2016Q4" decimals="0" id="Fact-E58EC810D2B855AA9F1D24A6FE806C2E" unitRef="usd">14182470</us-gaap:DeferredCompensationLiabilityCurrentAndNoncurrent>
	<us-gaap:DeferredCompensationLiabilityCurrentAndNoncurrent contextRef="FI2017Q1" decimals="0" id="Fact-42B89AD843AC54CB8E9E715134E1A3F6" unitRef="usd">18683617</us-gaap:DeferredCompensationLiabilityCurrentAndNoncurrent>
	<us-gaap:DeferredCompensationPlanAssets contextRef="FI2016Q4" decimals="0" id="Fact-AC342D8DE08CC5CCDE55816CEC118C35" unitRef="usd">14182470</us-gaap:DeferredCompensationPlanAssets>
	<us-gaap:DeferredCompensationPlanAssets contextRef="FI2016Q4_us-gaap_FairValueByAssetClassAxis_us-gaap_EquityMethodInvestmentsMember" decimals="-5" id="Fact-C7F4BD4983D5809EA30381630B3EC0E5" unitRef="usd">4900000</us-gaap:DeferredCompensationPlanAssets>
	<us-gaap:DeferredCompensationPlanAssets contextRef="FI2016Q4_us-gaap_FairValueByAssetClassAxis_us-gaap_TradingAccountAssetsMember" decimals="-5" id="Fact-223B3F20A6967F0B0ECF81637D867C01" unitRef="usd">9300000</us-gaap:DeferredCompensationPlanAssets>
	<us-gaap:DeferredCompensationPlanAssets contextRef="FI2017Q1" decimals="0" id="Fact-56C3E213DE665A92A3E24C78C6703101" unitRef="usd">18683617</us-gaap:DeferredCompensationPlanAssets>
	<us-gaap:DeferredCompensationPlanAssets contextRef="FI2017Q1_us-gaap_FairValueByAssetClassAxis_us-gaap_EquityMethodInvestmentsMember" decimals="-5" id="Fact-8BD255A44A4A55F495D7CD101C2F421E" unitRef="usd">5900000</us-gaap:DeferredCompensationPlanAssets>
	<us-gaap:DeferredCompensationPlanAssets contextRef="FI2017Q1_us-gaap_FairValueByAssetClassAxis_us-gaap_TradingAccountAssetsMember" decimals="-5" id="Fact-D3C70F5B515C5BC4A3030A97654CFA61" unitRef="usd">12800000</us-gaap:DeferredCompensationPlanAssets>
	<us-gaap:DeferredTaxAssetsNet contextRef="FI2016Q4" decimals="0" id="Fact-DE41C2A8AAB45503A98BC6869875D646" unitRef="usd">8736767</us-gaap:DeferredTaxAssetsNet>
	<us-gaap:DeferredTaxAssetsNet contextRef="FI2017Q1" decimals="0" id="Fact-761FEDC952E7514F8BA4F850D847C68B" unitRef="usd">9236986</us-gaap:DeferredTaxAssetsNet>
	<us-gaap:DeferredTaxAssetsValuationAllowance contextRef="FI2016Q4" decimals="INF" id="Fact-2BFAB870D0A854E48D3404A2D075B1EA" unitRef="usd">0</us-gaap:DeferredTaxAssetsValuationAllowance>
	<us-gaap:DeferredTaxAssetsValuationAllowance contextRef="FI2017Q1" decimals="INF" id="Fact-FC9582F78AF3542F9C50A146F48BE83A" unitRef="usd">0</us-gaap:DeferredTaxAssetsValuationAllowance>
	<us-gaap:Depreciation contextRef="FD2016Q1YTD" decimals="0" id="Fact-EE3C173ECF8A59429869CF6CB464393B" unitRef="usd">162378</us-gaap:Depreciation>
	<us-gaap:Depreciation contextRef="FD2017Q1YTD" decimals="0" id="Fact-C98047B38D5759DF9352117E1C6E9ACE" unitRef="usd">217748</us-gaap:Depreciation>
	<us-gaap:EarningsPerShareBasic contextRef="FD2016Q1YTD" decimals="2" id="Fact-71A9B6E8DA5757D2A10172C909F8D664" unitRef="usdPerShare">2.73</us-gaap:EarningsPerShareBasic>
	<us-gaap:EarningsPerShareBasic contextRef="FD2017Q1YTD" decimals="2" id="Fact-5C71B02D53745B9396EA09B8027C0C99" unitRef="usdPerShare">3.72</us-gaap:EarningsPerShareBasic>
	<us-gaap:EarningsPerShareDiluted contextRef="FD2016Q1YTD" decimals="2" id="Fact-EDFD393054BB5E319F9AD12F3B6F6CB6" unitRef="usdPerShare">2.73</us-gaap:EarningsPerShareDiluted>
	<us-gaap:EarningsPerShareDiluted contextRef="FD2017Q1YTD" decimals="2" id="Fact-0E7ED917D7825969BEE3301FE2A30607" unitRef="usdPerShare">3.71</us-gaap:EarningsPerShareDiluted>
	<us-gaap:EffectiveIncomeTaxRateContinuingOperations contextRef="FD2016Q1YTD" decimals="3" id="Fact-372E7EB85CC050A48F1D1F9FEFD96239" unitRef="number">0.358</us-gaap:EffectiveIncomeTaxRateContinuingOperations>
	<us-gaap:EffectiveIncomeTaxRateContinuingOperations contextRef="FD2017Q1YTD" decimals="3" id="Fact-6F7057E8903E5D2B9520C8BFB85FB1DF" unitRef="number">0.331</us-gaap:EffectiveIncomeTaxRateContinuingOperations>
	<us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate contextRef="FD2016Q1YTD" decimals="INF" id="Fact-AE3E5D729CE056A59CB6E5A9C780A1B6" unitRef="number">0.35</us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate>
	<us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate contextRef="FD2017Q1YTD" decimals="INF" id="Fact-4385E40C85655AD0B2A67BF3088CA847" unitRef="number">0.35</us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate>
	<us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized contextRef="FI2017Q1_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember" decimals="0" id="Fact-3FFF18BCAC965C8E8FF54FD4DE503DB0" unitRef="usd">17799783</us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized>
	<us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="FI2017Q1_us-gaap_InvestmentTypeAxis_dhil_GlobalFundLPMember" decimals="2" id="Fact-AC82F5C81AD3BA7B9D7087B783B77B61" unitRef="number">0.95</us-gaap:EquityMethodInvestmentOwnershipPercentage>
	<us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="FI2017Q1_us-gaap_InvestmentTypeAxis_dhil_InternationalEquityFundLPMember" decimals="2" id="Fact-849F78AADD73BC0560E587B96B950D01" unitRef="number">0.30</us-gaap:EquityMethodInvestmentOwnershipPercentage>
	<us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="FI2017Q1_us-gaap_InvestmentTypeAxis_dhil_MidCapFundMember" decimals="2" id="Fact-0C8AD6B7FD0D83F57FE487B6D267C514" unitRef="number">0.23</us-gaap:EquityMethodInvestmentOwnershipPercentage>
	<us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="FI2017Q1_us-gaap_InvestmentTypeAxis_dhil_ResearchOpportunitiesFundMember" decimals="2" id="Fact-00F97C6CD66082A07BE987B734DF9D59" unitRef="number">0.22</us-gaap:EquityMethodInvestmentOwnershipPercentage>
	<us-gaap:EquityMethodInvestmentSummarizedFinancialInformationAssets contextRef="FI2016Q4" decimals="0" id="Fact-076ED598FBF2ACD5470E87D692EAC744" unitRef="usd">189819824</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationAssets>
	<us-gaap:EquityMethodInvestmentSummarizedFinancialInformationAssets contextRef="FI2017Q1" decimals="0" id="Fact-F047AA9B786E55B49B38D1F0C2CFEE2C" unitRef="usd">200584608</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationAssets>
	<us-gaap:EquityMethodInvestmentSummarizedFinancialInformationEquity contextRef="FI2016Q4" decimals="0" id="Fact-C4DD51F330252C003DD187D6BE886C11" unitRef="usd">143887845</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationEquity>
	<us-gaap:EquityMethodInvestmentSummarizedFinancialInformationEquity contextRef="FI2017Q1" decimals="0" id="Fact-02A5AB8D353B5C4E90BFE2467B5069B1" unitRef="usd">154721278</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationEquity>
	<us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilities contextRef="FI2016Q4" decimals="0" id="Fact-F5623A54CF23CBB7DF1F87D6A78B5234" unitRef="usd">45931979</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilities>
	<us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilities contextRef="FI2017Q1" decimals="0" id="Fact-1111DC3A753D5486B1CA9C6D1418B2FD" unitRef="usd">45863330</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilities>
	<us-gaap:EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss contextRef="FD2016Q1YTD" decimals="0" id="Fact-E9E987EB10CBFA2D59C887DA75454280" unitRef="usd">1302108</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss>
	<us-gaap:EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss contextRef="FD2017Q1YTD" decimals="0" id="Fact-176C8FB331DC0FF76C1987D978425EF2" unitRef="usd">4308539</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss>
	<us-gaap:EquityMethodInvestmentSummarizedFinancialInformationRevenue contextRef="FD2016Q1YTD" decimals="0" id="Fact-B46D3785A7ACB57B9B4287DA16765990" unitRef="usd">355853</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationRevenue>
	<us-gaap:EquityMethodInvestmentSummarizedFinancialInformationRevenue contextRef="FD2017Q1YTD" decimals="0" id="Fact-59F6CF3A0A05D5023B1487D82AD75551" unitRef="usd">458399</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationRevenue>
	<us-gaap:EquityMethodInvestmentUnderlyingEquityInNetAssets contextRef="FI2016Q4" decimals="0" id="Fact-45B59F1E5EB1403AA83C87D6D4260299" unitRef="usd">41338406</us-gaap:EquityMethodInvestmentUnderlyingEquityInNetAssets>
	<us-gaap:EquityMethodInvestmentUnderlyingEquityInNetAssets contextRef="FI2017Q1" decimals="0" id="Fact-1F3D04B365FB598FB4D70FA11FD22B0C" unitRef="usd">36711852</us-gaap:EquityMethodInvestmentUnderlyingEquityInNetAssets>
	<us-gaap:EquityMethodInvestments contextRef="FI2016Q4" decimals="0" id="Fact-403607724DC4D35CEB0B816CCA3620A5" unitRef="usd">36457449</us-gaap:EquityMethodInvestments>
	<us-gaap:EquityMethodInvestments contextRef="FI2017Q1" decimals="0" id="Fact-BCDB56D11AEB519FA7D50B4DBDD2B2D7" unitRef="usd">30827940</us-gaap:EquityMethodInvestments>
	<us-gaap:ExcessTaxBenefitFromShareBasedCompensationFinancingActivities contextRef="FD2016Q1YTD" decimals="0" id="Fact-F77CD9D4A6775F55B85A6C917FD238F8" unitRef="usd">4303621</us-gaap:ExcessTaxBenefitFromShareBasedCompensationFinancingActivities>
	<us-gaap:ExcessTaxBenefitFromShareBasedCompensationFinancingActivities contextRef="FD2017Q1YTD" decimals="0" id="Fact-B088212DE4B158B6A17798541A3A62E0" unitRef="usd">0</us-gaap:ExcessTaxBenefitFromShareBasedCompensationFinancingActivities>
	<us-gaap:ExcessTaxBenefitFromShareBasedCompensationOperatingActivities contextRef="FD2016Q1YTD" decimals="0" id="Fact-1D671F057A5F5560A47D6883643364FD" unitRef="usd">4303621</us-gaap:ExcessTaxBenefitFromShareBasedCompensationOperatingActivities>
	<us-gaap:ExcessTaxBenefitFromShareBasedCompensationOperatingActivities contextRef="FD2017Q1YTD" decimals="0" id="Fact-E9D723D6367A5451B3463B8C63060DE6" unitRef="usd">0</us-gaap:ExcessTaxBenefitFromShareBasedCompensationOperatingActivities>
	<us-gaap:FeesAndCommissions contextRef="FD2016Q1YTD" decimals="0" id="Fact-80C4A3D69065505EBEF921CC2DC80D0E" unitRef="usd">2625391</us-gaap:FeesAndCommissions>
	<us-gaap:FeesAndCommissions contextRef="FD2017Q1YTD" decimals="0" id="Fact-7518C40C7C26585A89A57D3B05E6D097" unitRef="usd">0</us-gaap:FeesAndCommissions>
	<us-gaap:GainLossOnInvestments contextRef="FD2016Q1YTD" decimals="0" id="Fact-EB710C7C792D51BB9C855CB9534B958A" unitRef="usd">703399</us-gaap:GainLossOnInvestments>
	<us-gaap:GainLossOnInvestments contextRef="FD2017Q1YTD" decimals="0" id="Fact-A5E33C3785595CFDB3FFD7A9EEFB29F0" unitRef="usd">3392620</us-gaap:GainLossOnInvestments>
	<us-gaap:GeneralAndAdministrativeExpense contextRef="FD2016Q1YTD" decimals="0" id="Fact-3CEB643987865A5AADD92E662E6F2B10" unitRef="usd">2485161</us-gaap:GeneralAndAdministrativeExpense>
	<us-gaap:GeneralAndAdministrativeExpense contextRef="FD2017Q1YTD" decimals="0" id="Fact-0A11CC9B4E6A50FAB45BBF6FA389A163" unitRef="usd">3488115</us-gaap:GeneralAndAdministrativeExpense>
	<us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments contextRef="FD2016Q1YTD" decimals="0" id="Fact-DC2844BE125E5356A43AC83941EC7508" unitRef="usd">14451655</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments>
	<us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments contextRef="FD2017Q1YTD" decimals="0" id="Fact-2930514DBA9259A38D30EA061A3C6F41" unitRef="usd">19622718</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments>
	<us-gaap:IncomeLossFromEquityMethodInvestments contextRef="FD2016Q1YTD" decimals="0" id="Fact-8E762CCF2A4E6FE24D8D87DA88B25C08" unitRef="usd">646565</us-gaap:IncomeLossFromEquityMethodInvestments>
	<us-gaap:IncomeLossFromEquityMethodInvestments contextRef="FD2017Q1YTD" decimals="0" id="Fact-EE3FEBA9DF5B56B3A5FD5F733DAA02C8" unitRef="usd">1416849</us-gaap:IncomeLossFromEquityMethodInvestments>
	<us-gaap:IncomeTaxEffectsAllocatedDirectlyToEquity contextRef="FD2016Q1YTD" decimals="-5" id="Fact-6F6EBBD3A8C4515697889688D0E7963A" unitRef="usd">-5200000</us-gaap:IncomeTaxEffectsAllocatedDirectlyToEquity>
	<us-gaap:IncomeTaxExpenseBenefit contextRef="FD2016Q1YTD" decimals="0" id="Fact-8CB0830E6CF7508EB16A2A9A3AF0EDD2" unitRef="usd">5171776</us-gaap:IncomeTaxExpenseBenefit>
	<us-gaap:IncomeTaxExpenseBenefit contextRef="FD2016Q1YTD" decimals="-5" id="Fact-4AB0897F2D4C53B1A9A0649C96E4347F" unitRef="usd">5200000</us-gaap:IncomeTaxExpenseBenefit>
	<us-gaap:IncomeTaxExpenseBenefit contextRef="FD2017Q1YTD" decimals="0" id="Fact-E0FB25E4B58B599890BCE201705F05B8" unitRef="usd">6497270</us-gaap:IncomeTaxExpenseBenefit>
	<us-gaap:IncomeTaxExpenseBenefit contextRef="FD2017Q1YTD" decimals="-5" id="Fact-D33825E7DFC95ACA8BF0F52BFA0712CF" unitRef="usd">6500000</us-gaap:IncomeTaxExpenseBenefit>
	<us-gaap:IncomeTaxesPaid contextRef="FD2016Q1YTD" decimals="0" id="Fact-DB04C1178A6E57E3B5F1D6DA5F7DAF2E" unitRef="usd">4389143</us-gaap:IncomeTaxesPaid>
	<us-gaap:IncomeTaxesPaid contextRef="FD2017Q1YTD" decimals="0" id="Fact-F0FAA57428B35E4D9620DFE9A547F0C3" unitRef="usd">0</us-gaap:IncomeTaxesPaid>
	<us-gaap:IncomeTaxesReceivable contextRef="FI2016Q4" decimals="0" id="Fact-53CBBCAF94635160A1464BC26D7B22BA" unitRef="usd">1111890</us-gaap:IncomeTaxesReceivable>
	<us-gaap:IncomeTaxesReceivable contextRef="FI2017Q1" decimals="0" id="Fact-70AF322785BA5A6EB508B91A6E5C1BF7" unitRef="usd">0</us-gaap:IncomeTaxesReceivable>
	<us-gaap:IncreaseDecreaseInAccountsReceivable contextRef="FD2016Q1YTD" decimals="0" id="Fact-C063B66EFA05580E9EC46AD3708BE4E5" unitRef="usd">-1865257</us-gaap:IncreaseDecreaseInAccountsReceivable>
	<us-gaap:IncreaseDecreaseInAccountsReceivable contextRef="FD2017Q1YTD" decimals="0" id="Fact-1D6536F3D63458CAAD0B58CCD63C8E16" unitRef="usd">249435</us-gaap:IncreaseDecreaseInAccountsReceivable>
	<us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable contextRef="FD2016Q1YTD" decimals="0" id="Fact-63A252FA301A5E6E80EE60BA7ABB33C4" unitRef="usd">937839</us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable>
	<us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable contextRef="FD2017Q1YTD" decimals="0" id="Fact-EB2E0F87106651EEB6695BDFF37D4BBD" unitRef="usd">6997489</us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable>
	<us-gaap:IncreaseDecreaseInDeferredCompensation contextRef="FD2016Q1YTD" decimals="0" id="Fact-5A5C2846F4895361A4F84A29911609A4" unitRef="usd">2283490</us-gaap:IncreaseDecreaseInDeferredCompensation>
	<us-gaap:IncreaseDecreaseInDeferredCompensation contextRef="FD2017Q1YTD" decimals="0" id="Fact-C0955F15C52257F581AD1EAEABF993F1" unitRef="usd">4501147</us-gaap:IncreaseDecreaseInDeferredCompensation>
	<us-gaap:IncreaseDecreaseInDeferredIncomeTaxes contextRef="FD2016Q1YTD" decimals="0" id="Fact-778430EDBD45515FB3DBFF89320B57BD" unitRef="usd">155206</us-gaap:IncreaseDecreaseInDeferredIncomeTaxes>
	<us-gaap:IncreaseDecreaseInDeferredIncomeTaxes contextRef="FD2017Q1YTD" decimals="0" id="Fact-D5B51603172E502C9F20B0F30207DD08" unitRef="usd">500219</us-gaap:IncreaseDecreaseInDeferredIncomeTaxes>
	<us-gaap:IncreaseDecreaseInEmployeeRelatedLiabilities contextRef="FD2016Q1YTD" decimals="0" id="Fact-20E33CA6511E5AE4A0E3609E02A25BF8" unitRef="usd">-13478069</us-gaap:IncreaseDecreaseInEmployeeRelatedLiabilities>
	<us-gaap:IncreaseDecreaseInEmployeeRelatedLiabilities contextRef="FD2017Q1YTD" decimals="0" id="Fact-97856DD336F5559C8784219EE410BDAA" unitRef="usd">-12304076</us-gaap:IncreaseDecreaseInEmployeeRelatedLiabilities>
	<us-gaap:IncreaseDecreaseInOtherOperatingCapitalNet contextRef="FD2016Q1YTD" decimals="0" id="Fact-0DD9E00F0AE25373B5ADAC79C2902C10" unitRef="usd">1056871</us-gaap:IncreaseDecreaseInOtherOperatingCapitalNet>
	<us-gaap:IncreaseDecreaseInOtherOperatingCapitalNet contextRef="FD2017Q1YTD" decimals="0" id="Fact-E06D14E54ABD58BC981612768B42F902" unitRef="usd">1832863</us-gaap:IncreaseDecreaseInOtherOperatingCapitalNet>
	<us-gaap:IncreaseDecreaseInTradingSecurities contextRef="FD2016Q1YTD" decimals="0" id="Fact-0D45459A4C81595B8B00571A07616A01" unitRef="usd">0</us-gaap:IncreaseDecreaseInTradingSecurities>
	<us-gaap:IncreaseDecreaseInTradingSecurities contextRef="FD2017Q1YTD" decimals="0" id="Fact-1537E62CC5FF57C69137EAA99B525745" unitRef="usd">1310800</us-gaap:IncreaseDecreaseInTradingSecurities>
	<us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements contextRef="FD2016Q1YTD" decimals="0" id="Fact-A11AC59097BD52A6B128D23FB49CADC5" unitRef="shares">4653</us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements>
	<us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements contextRef="FD2017Q1YTD" decimals="0" id="Fact-4DBE61E5EEEC58769F1FD007AD66A14C" unitRef="shares">6441</us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements>
	<us-gaap:InvestmentAdvisoryFees contextRef="FD2016Q1YTD" decimals="0" id="Fact-C381A4CCB3D05B40BE8F03CB65636BDA" unitRef="usd">26686785</us-gaap:InvestmentAdvisoryFees>
	<us-gaap:InvestmentAdvisoryFees contextRef="FD2017Q1YTD" decimals="0" id="Fact-C1192123EF905007A0A3653C22B52841" unitRef="usd">31833471</us-gaap:InvestmentAdvisoryFees>
	<us-gaap:InvestmentIncomeNet contextRef="FD2016Q1YTD" decimals="0" id="Fact-7554BECAD6775A1CA430CC122CF4D7FF" unitRef="usd">747222</us-gaap:InvestmentIncomeNet>
	<us-gaap:InvestmentIncomeNet contextRef="FD2017Q1YTD" decimals="0" id="Fact-207C4D854F5E5C0E9C247D11BF29FA68" unitRef="usd">3786188</us-gaap:InvestmentIncomeNet>
	<us-gaap:Investments contextRef="FI2016Q4" decimals="0" id="Fact-157FB731517A5941824B1F94D68E48C5" unitRef="usd">108015635</us-gaap:Investments>
	<us-gaap:Investments contextRef="FI2017Q1" decimals="0" id="Fact-3E57745689465A7DA6B57DF4F7E14153" unitRef="usd">117424036</us-gaap:Investments>
	<us-gaap:InvestmentsFairValueDisclosure contextRef="FI2017Q1" decimals="-5" id="Fact-1026A4CE7D005F9E8FA6CC7AC16F6716" unitRef="usd">117400000</us-gaap:InvestmentsFairValueDisclosure>
	<us-gaap:LaborAndRelatedExpense contextRef="FD2016Q1YTD" decimals="0" id="Fact-DAD41D8E5C0B5ECA8FCCEB51E9E25CA8" unitRef="usd">12398708</us-gaap:LaborAndRelatedExpense>
	<us-gaap:LaborAndRelatedExpense contextRef="FD2017Q1YTD" decimals="0" id="Fact-9A8830E23CA25B148D90C46B914CF48C" unitRef="usd">13679149</us-gaap:LaborAndRelatedExpense>
	<us-gaap:Liabilities contextRef="FI2016Q4" decimals="0" id="Fact-298A2D1461CB5931A87A0A6A8161D654" unitRef="usd">46653018</us-gaap:Liabilities>
	<us-gaap:Liabilities contextRef="FI2017Q1" decimals="0" id="Fact-E3591699E7B459AD9F80E969D3FB9697" unitRef="usd">37591269</us-gaap:Liabilities>
	<us-gaap:LiabilitiesAndStockholdersEquity contextRef="FI2016Q4" decimals="0" id="Fact-FD1F96800CCA567FB11845F2143EEDE7" unitRef="usd">199717861</us-gaap:LiabilitiesAndStockholdersEquity>
	<us-gaap:LiabilitiesAndStockholdersEquity contextRef="FI2017Q1" decimals="0" id="Fact-FAE3AD95CAD95ACF976CACD7AE6642CD" unitRef="usd">210884949</us-gaap:LiabilitiesAndStockholdersEquity>
	<us-gaap:LiabilityForUncertainTaxPositionsCurrent contextRef="FI2016Q4" decimals="INF" id="Fact-AD0F786368E950BB8B92E892D90DFB92" unitRef="usd">0</us-gaap:LiabilityForUncertainTaxPositionsCurrent>
	<us-gaap:LiabilityForUncertainTaxPositionsCurrent contextRef="FI2017Q1" decimals="INF" id="Fact-9A197BBBC9F4584B95FE9002F4092FEF" unitRef="usd">0</us-gaap:LiabilityForUncertainTaxPositionsCurrent>
	<us-gaap:LineOfCreditFacilityRemainingBorrowingCapacity contextRef="FI2017Q1_us-gaap_CreditFacilityAxis_us-gaap_LineOfCreditMember_us-gaap_DebtInstrumentAxis_dhil_TheCreditAgreementMember" decimals="-5" id="Fact-3E98D4F4E8EA59079CD0EC6E36CB538A" unitRef="usd">25000000</us-gaap:LineOfCreditFacilityRemainingBorrowingCapacity>
	<us-gaap:LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage contextRef="FD2017Q1YTD_us-gaap_CreditFacilityAxis_us-gaap_LineOfCreditMember_us-gaap_DebtInstrumentAxis_dhil_TheCreditAgreementMember" decimals="INF" id="Fact-1053C9348E4C5DD99769E92F03B8DEFD" unitRef="number">0</us-gaap:LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage>
	<us-gaap:NetCashProvidedByUsedInFinancingActivities contextRef="FD2016Q1YTD" decimals="0" id="Fact-87098D64DB595CDDAC1F28493CFD07A2" unitRef="usd">-4370445</us-gaap:NetCashProvidedByUsedInFinancingActivities>
	<us-gaap:NetCashProvidedByUsedInFinancingActivities contextRef="FD2017Q1YTD" decimals="0" id="Fact-D0695851B1B752ECA03BCF4D98855B0D" unitRef="usd">-119102</us-gaap:NetCashProvidedByUsedInFinancingActivities>
	<us-gaap:NetCashProvidedByUsedInInvestingActivities contextRef="FD2016Q1YTD" decimals="0" id="Fact-7924DDFA535457C38CA62F40D6AFF711" unitRef="usd">259546</us-gaap:NetCashProvidedByUsedInInvestingActivities>
	<us-gaap:NetCashProvidedByUsedInInvestingActivities contextRef="FD2017Q1YTD" decimals="0" id="Fact-488F650B940F5BFFA865435AF31C75C4" unitRef="usd">-5003672</us-gaap:NetCashProvidedByUsedInInvestingActivities>
	<us-gaap:NetCashProvidedByUsedInOperatingActivities contextRef="FD2016Q1YTD" decimals="0" id="Fact-1ED052E42CBE5E7FB3ED17F7146045F0" unitRef="usd">-4026224</us-gaap:NetCashProvidedByUsedInOperatingActivities>
	<us-gaap:NetCashProvidedByUsedInOperatingActivities contextRef="FD2017Q1YTD" decimals="0" id="Fact-AF3EC8FE33635CD280410391D575357E" unitRef="usd">7250601</us-gaap:NetCashProvidedByUsedInOperatingActivities>
	<us-gaap:NetIncomeLoss contextRef="FD2016Q1YTD" decimals="0" id="Fact-BA1C4F1DF7A55843AB3E4547DCA83BC9" unitRef="usd">9265663</us-gaap:NetIncomeLoss>
	<us-gaap:NetIncomeLoss contextRef="FD2017Q1YTD" decimals="0" id="Fact-3312C7B018965B0996358927CA2A2626" unitRef="usd">12756895</us-gaap:NetIncomeLoss>
	<us-gaap:NetIncomeLoss contextRef="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember" decimals="0" id="Fact-D5A50B97640D518D873A14F5A156AB44" unitRef="usd">12756895</us-gaap:NetIncomeLoss>
	<us-gaap:NetIncomeLossAttributableToNoncontrollingInterest contextRef="FD2016Q1YTD" decimals="0" id="Fact-108D3564CAE85D77967B15EA45B3E0E1" unitRef="usd">14216</us-gaap:NetIncomeLossAttributableToNoncontrollingInterest>
	<us-gaap:NetIncomeLossAttributableToNoncontrollingInterest contextRef="FD2017Q1YTD" decimals="0" id="Fact-CBF68561EC5B361E0C7886F15E706943" unitRef="usd">368553</us-gaap:NetIncomeLossAttributableToNoncontrollingInterest>
	<us-gaap:NetIncomeLossAttributableToRedeemableNoncontrollingInterest contextRef="FD2017Q1YTD" decimals="0" id="Fact-3F2B47067A065BB08FE5D3150F97042F" unitRef="usd">368553</us-gaap:NetIncomeLossAttributableToRedeemableNoncontrollingInterest>
	<us-gaap:NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification contextRef="FD2016Q1YTD" decimals="0" id="Fact-1C2EE6BACEA40329D1FE81691ED994F2" unitRef="usd">4031756</us-gaap:NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification>
	<us-gaap:NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification contextRef="FD2017Q1YTD" decimals="0" id="Fact-3D6E6F1032ACD43FBD3481691EC91DC5" unitRef="usd">0</us-gaap:NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification>
	<us-gaap:NumberOfOperatingSegments contextRef="FD2017Q1YTD" decimals="INF" id="Fact-8DA6032B9FB156B8A19A266BF96407B6" unitRef="Segment">1</us-gaap:NumberOfOperatingSegments>
	<us-gaap:OperatingExpenses contextRef="FD2016Q1YTD" decimals="0" id="Fact-E8493B2DC58C5A59B9B3A3F4983BFF9D" unitRef="usd">16753057</us-gaap:OperatingExpenses>
	<us-gaap:OperatingExpenses contextRef="FD2017Q1YTD" decimals="0" id="Fact-1C0D11DFE97754A3A2CBBC30F74540AA" unitRef="usd">19297599</us-gaap:OperatingExpenses>
	<us-gaap:OperatingIncomeLoss contextRef="FD2016Q1YTD" decimals="0" id="Fact-E23A9DAFF9D3513FA8AF9974951E41C5" unitRef="usd">13704433</us-gaap:OperatingIncomeLoss>
	<us-gaap:OperatingIncomeLoss contextRef="FD2017Q1YTD" decimals="0" id="Fact-0A749355D2415959960CC68B49E8D1F0" unitRef="usd">15836530</us-gaap:OperatingIncomeLoss>
	<us-gaap:OperatingLeasesFutureMinimumPaymentsDue contextRef="FI2017Q1" decimals="0" id="Fact-9028AAAD5F375FF3ABF595C4F7AE1177" unitRef="usd">4586277</us-gaap:OperatingLeasesFutureMinimumPaymentsDue>
	<us-gaap:OperatingLeasesFutureMinimumPaymentsDueInFiveYears contextRef="FI2017Q1" decimals="0" id="Fact-0685AAEDF77555F68F127074540FD861" unitRef="usd">624179</us-gaap:OperatingLeasesFutureMinimumPaymentsDueInFiveYears>
	<us-gaap:OperatingLeasesFutureMinimumPaymentsDueInFourYears contextRef="FI2017Q1" decimals="0" id="Fact-0768A770EC2553578D5F4807BDB3072E" unitRef="usd">624179</us-gaap:OperatingLeasesFutureMinimumPaymentsDueInFourYears>
	<us-gaap:OperatingLeasesFutureMinimumPaymentsDueInThreeYears contextRef="FI2017Q1" decimals="0" id="Fact-3F28B92883F559868364C110E9AED9CD" unitRef="usd">595807</us-gaap:OperatingLeasesFutureMinimumPaymentsDueInThreeYears>
	<us-gaap:OperatingLeasesFutureMinimumPaymentsDueInTwoYears contextRef="FI2017Q1" decimals="0" id="Fact-550E5E381F375BC7A7361BD8C1E91BE5" unitRef="usd">586350</us-gaap:OperatingLeasesFutureMinimumPaymentsDueInTwoYears>
	<us-gaap:OperatingLeasesFutureMinimumPaymentsDueThereafter contextRef="FI2017Q1" decimals="0" id="Fact-A7FF7880762357039F5A9415889089DA" unitRef="usd">1716000</us-gaap:OperatingLeasesFutureMinimumPaymentsDueThereafter>
	<us-gaap:OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear contextRef="FI2017Q1" decimals="0" id="Fact-6B130C25BAB75A6196F7AEFD198CA097" unitRef="usd">439762</us-gaap:OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear>
	<us-gaap:OperatingLeasesRentExpenseNet contextRef="FD2016Q1YTD" decimals="0" id="Fact-83433825360E5240B278C192E8086A01" unitRef="usd">227349</us-gaap:OperatingLeasesRentExpenseNet>
	<us-gaap:OperatingLeasesRentExpenseNet contextRef="FD2017Q1YTD" decimals="0" id="Fact-82C05AC2A7F35E12A04971EFDCE9E8D3" unitRef="usd">231463</us-gaap:OperatingLeasesRentExpenseNet>
	<us-gaap:PaymentsRelatedToTaxWithholdingForShareBasedCompensation contextRef="FD2016Q1YTD" decimals="0" id="Fact-3CA9880F20A55308BB612DF0F8F58C05" unitRef="usd">8774006</us-gaap:PaymentsRelatedToTaxWithholdingForShareBasedCompensation>
	<us-gaap:PaymentsRelatedToTaxWithholdingForShareBasedCompensation contextRef="FD2017Q1YTD" decimals="0" id="Fact-CBB05F06B2735C5AA9B4CC9628B7FE95" unitRef="usd">796920</us-gaap:PaymentsRelatedToTaxWithholdingForShareBasedCompensation>
	<us-gaap:PaymentsToAcquireInvestments contextRef="FD2016Q1YTD" decimals="0" id="Fact-B68A1514515B5E50AAC535EAC0E31F38" unitRef="usd">6133800</us-gaap:PaymentsToAcquireInvestments>
	<us-gaap:PaymentsToAcquireInvestments contextRef="FD2017Q1YTD" decimals="0" id="Fact-75A25391D34F5224AF61FF1AFB5EFD73" unitRef="usd">6060665</us-gaap:PaymentsToAcquireInvestments>
	<us-gaap:PaymentsToAcquirePropertyPlantAndEquipment contextRef="FD2016Q1YTD" decimals="0" id="Fact-2E9D6A1330935831BF632DA88107BF1F" unitRef="usd">106654</us-gaap:PaymentsToAcquirePropertyPlantAndEquipment>
	<us-gaap:PaymentsToAcquirePropertyPlantAndEquipment contextRef="FD2017Q1YTD" decimals="0" id="Fact-1BAED598B43B550794EEFF0CEB66DFF1" unitRef="usd">67315</us-gaap:PaymentsToAcquirePropertyPlantAndEquipment>
	<us-gaap:PerformanceFees contextRef="FD2016Q1YTD" decimals="INF" id="Fact-0F86E0CCD86D5D9395613CA01791EF70" unitRef="usd">0</us-gaap:PerformanceFees>
	<us-gaap:PerformanceFees contextRef="FD2017Q1YTD" decimals="INF" id="Fact-5C390AB728CF55D0A749AED7B633F1A9" unitRef="usd">0</us-gaap:PerformanceFees>
	<us-gaap:PreferredStockSharesAuthorized contextRef="FI2016Q4" decimals="INF" id="Fact-3173113B0EC1556384109845D70DB54D" unitRef="shares">1000000</us-gaap:PreferredStockSharesAuthorized>
	<us-gaap:PreferredStockSharesAuthorized contextRef="FI2017Q1" decimals="INF" id="Fact-F834598975215436832508C9EC81D145" unitRef="shares">1000000</us-gaap:PreferredStockSharesAuthorized>
	<us-gaap:PreferredStockSharesIssued contextRef="FI2016Q4" id="Fact-0615BB2B4B2453D99F93CD5F65F18FAB" unitRef="shares" xsi:nil="true" />
	<us-gaap:PreferredStockSharesIssued contextRef="FI2017Q1" id="Fact-55CD0BC6EA8B5ECAAF03CA86BDBB29A0" unitRef="shares" xsi:nil="true" />
	<us-gaap:PreferredStockSharesOutstanding contextRef="FI2016Q4" id="Fact-47F2747B7870573C87572DC6E9E1137A" unitRef="shares" xsi:nil="true" />
	<us-gaap:PreferredStockSharesOutstanding contextRef="FI2017Q1" id="Fact-2C416CC194ED500EB1C27CBFA8A11004" unitRef="shares" xsi:nil="true" />
	<us-gaap:PreferredStockValue contextRef="FI2016Q4" decimals="0" id="Fact-DB9FB081F73352A3BDF154AC07AAA827" unitRef="usd">0</us-gaap:PreferredStockValue>
	<us-gaap:PreferredStockValue contextRef="FI2017Q1" decimals="0" id="Fact-55556701E6305190A7B0E2792F8F1726" unitRef="usd">0</us-gaap:PreferredStockValue>
	<us-gaap:PrepaidExpenseCurrentAndNoncurrent contextRef="FI2016Q4" decimals="0" id="Fact-F914CB9B42FC5EAAA36E1C0B21999394" unitRef="usd">2032726</us-gaap:PrepaidExpenseCurrentAndNoncurrent>
	<us-gaap:PrepaidExpenseCurrentAndNoncurrent contextRef="FI2017Q1" decimals="0" id="Fact-72F30B9F0A4D52DF8C0943B22210858B" unitRef="usd">2362435</us-gaap:PrepaidExpenseCurrentAndNoncurrent>
	<us-gaap:ProceedsFromPaymentsToMinorityShareholders contextRef="FD2016Q1YTD" decimals="0" id="Fact-0C01DBA086EA5902BE809D026B9343FE" unitRef="usd">-825060</us-gaap:ProceedsFromPaymentsToMinorityShareholders>
	<us-gaap:ProceedsFromPaymentsToMinorityShareholders contextRef="FD2017Q1YTD" decimals="0" id="Fact-0BADC562CCCE566CB6CFC27BFFD072BB" unitRef="usd">677818</us-gaap:ProceedsFromPaymentsToMinorityShareholders>
	<us-gaap:ProceedsFromSaleMaturityAndCollectionsOfInvestments contextRef="FD2016Q1YTD" decimals="0" id="Fact-0D8A4F97501A5F7E9066CF22D063D765" unitRef="usd">6500000</us-gaap:ProceedsFromSaleMaturityAndCollectionsOfInvestments>
	<us-gaap:ProceedsFromSaleMaturityAndCollectionsOfInvestments contextRef="FD2017Q1YTD" decimals="0" id="Fact-EF2863AC940E5110BC4BC059020A16A1" unitRef="usd">1124308</us-gaap:ProceedsFromSaleMaturityAndCollectionsOfInvestments>
	<us-gaap:ProfitLoss contextRef="FD2016Q1YTD" decimals="0" id="Fact-6AC5AEBFEC7D53ED923F651C6265C979" unitRef="usd">9279879</us-gaap:ProfitLoss>
	<us-gaap:ProfitLoss contextRef="FD2017Q1YTD" decimals="0" id="Fact-0E9233A96FF15BD6A79C26792C648A76" unitRef="usd">13125448</us-gaap:ProfitLoss>
	<us-gaap:PropertyPlantAndEquipmentNet contextRef="FI2016Q4" decimals="0" id="Fact-42A9C0760DBD5A279994E75D455CDBE1" unitRef="usd">4025758</us-gaap:PropertyPlantAndEquipmentNet>
	<us-gaap:PropertyPlantAndEquipmentNet contextRef="FI2017Q1" decimals="0" id="Fact-AA66E658997653AC820C0F3B52533079" unitRef="usd">3689145</us-gaap:PropertyPlantAndEquipmentNet>
	<us-gaap:RedeemableNoncontrollingInterestEquityCarryingAmount contextRef="FI2016Q4" decimals="0" id="Fact-AF7FA4B1E5A15AD8A4BBFCFD1A10055D" unitRef="usd">13840688</us-gaap:RedeemableNoncontrollingInterestEquityCarryingAmount>
	<us-gaap:RedeemableNoncontrollingInterestEquityCarryingAmount contextRef="FI2017Q1" decimals="0" id="Fact-F6A0EDCAB4125165A4436E06ECC7B7E8" unitRef="usd">16218344</us-gaap:RedeemableNoncontrollingInterestEquityCarryingAmount>
	<us-gaap:RedeemableNoncontrollingInterestEquityCommonFairValue contextRef="FI2016Q4" decimals="0" id="Fact-3233EC752F505E0A8587CCEEF0D1D498" unitRef="usd">13840688</us-gaap:RedeemableNoncontrollingInterestEquityCommonFairValue>
	<us-gaap:RedeemableNoncontrollingInterestEquityCommonFairValue contextRef="FI2017Q1" decimals="0" id="Fact-ED7EB50B70802BB1865C814D7DF03D47" unitRef="usd">16218344</us-gaap:RedeemableNoncontrollingInterestEquityCommonFairValue>
	<us-gaap:RetainedEarningsAccumulatedDeficit contextRef="FI2016Q4" decimals="0" id="Fact-733A8A745FA55F3682789BC8DF3CE15B" unitRef="usd">47658458</us-gaap:RetainedEarningsAccumulatedDeficit>
	<us-gaap:RetainedEarningsAccumulatedDeficit contextRef="FI2017Q1" decimals="0" id="Fact-0B7CD4DD0C7C582ABB1B3D9F32C88932" unitRef="usd">60415353</us-gaap:RetainedEarningsAccumulatedDeficit>
	<us-gaap:RevenueFromRelatedParties contextRef="FD2016Q1YTD_us-gaap_RelatedPartyTransactionAxis_dhil_InvestmentAdvisoryServicesMember" decimals="-5" id="Fact-C7249011353D5A55B80F505BE805BFC4" unitRef="usd">20300000</us-gaap:RevenueFromRelatedParties>
	<us-gaap:RevenueFromRelatedParties contextRef="FD2016Q1YTD_us-gaap_RelatedPartyTransactionAxis_dhil_MutualfundadministrativeservicesMember" decimals="-5" id="Fact-8B66BC688EDD5469809DFBE1EBA1B0BE" unitRef="usd">2700000</us-gaap:RevenueFromRelatedParties>
	<us-gaap:RevenueFromRelatedParties contextRef="FD2017Q1YTD_us-gaap_RelatedPartyTransactionAxis_dhil_InvestmentAdvisoryServicesMember" decimals="-5" id="Fact-9F8F85DE996D5AAF99E87BA9D8197FDD" unitRef="usd">24900000</us-gaap:RevenueFromRelatedParties>
	<us-gaap:RevenueFromRelatedParties contextRef="FD2017Q1YTD_us-gaap_RelatedPartyTransactionAxis_dhil_MutualfundadministrativeservicesMember" decimals="-5" id="Fact-86E703ABC55B5B7B848C91B8B1099786" unitRef="usd">3300000</us-gaap:RevenueFromRelatedParties>
	<us-gaap:Revenues contextRef="FD2016Q1YTD" decimals="0" id="Fact-73084E58BF155299A3152F068D3F4F36" unitRef="usd">30457490</us-gaap:Revenues>
	<us-gaap:Revenues contextRef="FD2017Q1YTD" decimals="0" id="Fact-23D083913F1654E386E9D1CAEBAABF71" unitRef="usd">35134129</us-gaap:Revenues>
	<us-gaap:SellingAndMarketingExpense contextRef="FD2016Q1YTD" decimals="0" id="Fact-CE2C185848965F5FA345510C3F9E9F9F" unitRef="usd">993122</us-gaap:SellingAndMarketingExpense>
	<us-gaap:SellingAndMarketingExpense contextRef="FD2017Q1YTD" decimals="0" id="Fact-E279EA2AC97A58EA8031441F06AD0769" unitRef="usd">1129719</us-gaap:SellingAndMarketingExpense>
	<us-gaap:ShareBasedCompensation contextRef="FD2016Q1YTD" decimals="0" id="Fact-4443FBCC618A52538EF8FCC97177D145" unitRef="usd">2067099</us-gaap:ShareBasedCompensation>
	<us-gaap:ShareBasedCompensation contextRef="FD2017Q1YTD" decimals="0" id="Fact-41414AFF29BF52C490EDB57B290519B4" unitRef="usd">1998782</us-gaap:ShareBasedCompensation>
	<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod contextRef="FD2017Q1YTD_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember" decimals="INF" id="Fact-BF29906A5EB951ECBC4B5F4846120115" unitRef="shares">1250</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod>
	<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue contextRef="FD2017Q1YTD_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember" decimals="2" id="Fact-AA96403D407E5502BA0594E9C47625AC" unitRef="usdPerShare">67.86</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue>
	<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod contextRef="FD2016Q1YTD_us-gaap_StatementEquityComponentsAxis_dhil_SharesOutstandingMember" decimals="INF" id="Fact-9AB414CDC8995A4895FB0AE9A1F623E8" unitRef="shares">21940</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod>
	<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod contextRef="FD2017Q1YTD_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember" decimals="INF" id="Fact-00300314A9555C22AAFCF18DFA68B027" unitRef="shares">8700</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod>
	<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod contextRef="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_dhil_SharesOutstandingMember" decimals="INF" id="Fact-E051A900DFFF56ED9269598D9C69AC2B" unitRef="shares">19219</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod>
	<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod contextRef="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="Fact-DC37FA71F4AB517BB608F0921F8E8860" unitRef="shares">19219</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod>
	<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue contextRef="FD2017Q1YTD_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember" decimals="2" id="Fact-E9E0E2C697075484857BE0BF9D5E33B3" unitRef="usdPerShare">199.46</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue>
	<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="FI2016Q4" decimals="INF" id="Fact-4243CAE30E065705A11C8F77207D5569" unitRef="shares">201800</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
	<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="FI2016Q4_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember" decimals="INF" id="Fact-8846AF0DA1D35D3C822CD50109739CBC" unitRef="shares">223800</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
	<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="FI2017Q1" decimals="INF" id="Fact-5D735AD789825E82A8BF75E437C3DDB4" unitRef="shares">201750</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
	<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="FI2017Q1_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember" decimals="INF" id="Fact-934A2DF3D5A45FF8B4355B94EDBB311F" unitRef="shares">217250</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
	<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="FI2016Q4_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember" decimals="2" id="Fact-051F0D162BD95B558F134A76D2676F34" unitRef="usdPerShare">132.96</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>
	<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="FI2017Q1_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember" decimals="2" id="Fact-DD989EACD73D52E1A64BB4C7A7349F85" unitRef="usdPerShare">136.42</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>
	<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod contextRef="FD2017Q1YTD_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember" decimals="INF" id="Fact-FFC68CF4824051258BBF3856CE2EDA14" unitRef="shares">14000</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod>
	<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue contextRef="FD2017Q1YTD_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockUnitsRSUMember" decimals="2" id="Fact-F8E9C3134C665551A22A0C18722EFDD1" unitRef="usdPerShare">126.38</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue>
	<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant contextRef="FI2017Q1_us-gaap_AwardTypeAxis_dhil_EquityAndCashIncentivePlanMember" decimals="INF" id="Fact-BA48CCCDBE8A590F95D1191FA59D50D3" unitRef="shares">383177</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant>
	<us-gaap:SharesPaidForTaxWithholdingForShareBasedCompensation contextRef="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="Fact-027DD12FE3605332A3EFE0417E30291E" unitRef="shares">3788</us-gaap:SharesPaidForTaxWithholdingForShareBasedCompensation>
	<us-gaap:StockIssuedDuringPeriodSharesNewIssues contextRef="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="Fact-1EC84FF568625E83A8008500D6A2FBA6" unitRef="shares">2076</us-gaap:StockIssuedDuringPeriodSharesNewIssues>
	<us-gaap:StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited contextRef="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="0" id="Fact-6C112C9A43455498A836B50968CC93FE" unitRef="shares">1250</us-gaap:StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited>
	<us-gaap:StockIssuedDuringPeriodSharesRestrictedStockAwardGross contextRef="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="Fact-651B02A314B45530A75E76FEC99F4E09" unitRef="shares">15200</us-gaap:StockIssuedDuringPeriodSharesRestrictedStockAwardGross>
	<us-gaap:StockIssuedDuringPeriodValueNewIssues contextRef="FD2017Q1YTD" decimals="0" id="Fact-3B1FBA30D3AA51F6B2A285F6B6735A5B" unitRef="usd">419958</us-gaap:StockIssuedDuringPeriodValueNewIssues>
	<us-gaap:StockIssuedDuringPeriodValueNewIssues contextRef="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="0" id="Fact-1261D42A41715DD0BE986A3326749B69" unitRef="usd">419958</us-gaap:StockIssuedDuringPeriodValueNewIssues>
	<us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures contextRef="FD2017Q1YTD" decimals="0" id="Fact-CC2D52092CA1595AB4A68D93AED0C381" unitRef="usd">0</us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures>
	<us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures contextRef="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="0" id="Fact-DBC08F5EE52D591BBBB51A9E5413610E" unitRef="usd">84825</us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures>
	<us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures contextRef="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_DeferredCompensationShareBasedPaymentsMember" decimals="0" id="Fact-B797C54E7973587690827AC0E6696114" unitRef="usd">-84825</us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures>
	<us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardGross contextRef="FD2017Q1YTD" decimals="0" id="Fact-359C621EBBF256BB822979077449AB02" unitRef="usd">0</us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardGross>
	<us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardGross contextRef="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="0" id="Fact-A77E52FFB772525D8819A31917536FEB" unitRef="usd">1735326</us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardGross>
	<us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardGross contextRef="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_DeferredCompensationShareBasedPaymentsMember" decimals="0" id="Fact-C7D7FD48103E58F593DCA824BA33BAB5" unitRef="usd">-1735326</us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardGross>
	<us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FD2016Q1YTD" decimals="0" id="Fact-8BE53ADDE0F95A778422B9B7C5FA8692" unitRef="usd">3879431</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
	<us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FD2016Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="0" id="Fact-55BBF03AAED45C8EB601147BF4B37233" unitRef="usd">3879431</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
	<us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FD2017Q1YTD" decimals="0" id="Fact-304CE156567D5B118C59A0E610BE4C7E" unitRef="usd">3892424</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
	<us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FD2017Q1YTD_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="0" id="Fact-8CD140F1D20B584E87A516A5FC0246B1" unitRef="usd">3892424</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
	<us-gaap:StockholdersEquity contextRef="FI2016Q4" decimals="0" id="Fact-2604E81DB2D9562498232E9C8DD3DCBB" unitRef="usd">139224155</us-gaap:StockholdersEquity>
	<us-gaap:StockholdersEquity contextRef="FI2016Q4_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="0" id="Fact-2A57C8E2D0F1583C98D5C6B0145F42B4" unitRef="usd">109293803</us-gaap:StockholdersEquity>
	<us-gaap:StockholdersEquity contextRef="FI2016Q4_us-gaap_StatementEquityComponentsAxis_us-gaap_DeferredCompensationShareBasedPaymentsMember" decimals="0" id="Fact-612221EECCA45295A1FE957344A07EAC" unitRef="usd">-17728106</us-gaap:StockholdersEquity>
	<us-gaap:StockholdersEquity contextRef="FI2016Q4_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember" decimals="0" id="Fact-00C152BFE9A45301A02797B6885B1E5D" unitRef="usd">47658458</us-gaap:StockholdersEquity>
	<us-gaap:StockholdersEquity contextRef="FI2017Q1" decimals="0" id="Fact-C15C02F1353559949DBB1D54ECBCF19B" unitRef="usd">157075336</us-gaap:StockholdersEquity>
	<us-gaap:StockholdersEquity contextRef="FI2017Q1_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="0" id="Fact-1233BADDE1E95241B8633C9296DDFB22" unitRef="usd">114459766</us-gaap:StockholdersEquity>
	<us-gaap:StockholdersEquity contextRef="FI2017Q1_us-gaap_StatementEquityComponentsAxis_us-gaap_DeferredCompensationShareBasedPaymentsMember" decimals="0" id="Fact-33818A1648DF5EE5909208E50BE9B716" unitRef="usd">-17799783</us-gaap:StockholdersEquity>
	<us-gaap:StockholdersEquity contextRef="FI2017Q1_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember" decimals="0" id="Fact-6ADA3373B68A5261B67CF5B7C0C494F6" unitRef="usd">60415353</us-gaap:StockholdersEquity>
	<us-gaap:TaxesPayableCurrent contextRef="FI2016Q4" decimals="0" id="Fact-1D360C05F18B5827A9C8B788352E1F49" unitRef="usd">0</us-gaap:TaxesPayableCurrent>
	<us-gaap:TaxesPayableCurrent contextRef="FI2017Q1" decimals="0" id="Fact-E087122004D8577C8C67E48E4ED15215" unitRef="usd">5885599</us-gaap:TaxesPayableCurrent>
	<us-gaap:TradingSecurities contextRef="FI2016Q4_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember" decimals="0" id="Fact-261F6267E0C39BF9990B816C7B268A1A" unitRef="usd">57355471</us-gaap:TradingSecurities>
	<us-gaap:TradingSecurities contextRef="FI2016Q4_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember_us-gaap_StatementEquityComponentsAxis_us-gaap_NoncontrollingInterestMember" decimals="-5" id="Fact-00062191F704C1391FEE8163D729403C" unitRef="usd">14700000</us-gaap:TradingSecurities>
	<us-gaap:TradingSecurities contextRef="FI2016Q4_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-5" id="Fact-BAF7CC4242994B9E50CA8163B10EAD08" unitRef="usd">42600000</us-gaap:TradingSecurities>
	<us-gaap:TradingSecurities contextRef="FI2016Q4_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SeedCapitalInvestmentsMember" decimals="0" id="Fact-B70242ABD19B11654945816C9F3E5BCE" unitRef="usd">20245</us-gaap:TradingSecurities>
	<us-gaap:TradingSecurities contextRef="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember" decimals="0" id="Fact-42D5148EF96655DDB4D757A9B1EDE915" unitRef="usd">19273313</us-gaap:TradingSecurities>
	<us-gaap:TradingSecurities contextRef="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SeedCapitalInvestmentsMember" decimals="0" id="Fact-3DC235E11D6A57D996361EA5EA5B7FB7" unitRef="usd">6459664</us-gaap:TradingSecurities>
	<us-gaap:TradingSecurities contextRef="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember" decimals="0" id="Fact-3FE705BD92375024B18B0E60744F0669" unitRef="usd">42179502</us-gaap:TradingSecurities>
	<us-gaap:TradingSecurities contextRef="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SeedCapitalInvestmentsMember" decimals="0" id="Fact-61982D536A91505BB306A66A9C4D9010" unitRef="usd">0</us-gaap:TradingSecurities>
	<us-gaap:TradingSecurities contextRef="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember" decimals="0" id="Fact-F69BB45836E85CA0807FE8DF1B97F298" unitRef="usd">0</us-gaap:TradingSecurities>
	<us-gaap:TradingSecurities contextRef="FI2017Q1_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SeedCapitalInvestmentsMember" decimals="0" id="Fact-65B2011668EA560993624613FE58EE6C" unitRef="usd">0</us-gaap:TradingSecurities>
	<us-gaap:TradingSecurities contextRef="FI2017Q1_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember" decimals="0" id="Fact-776D435D73C858DDB245FAB66E0090C1" unitRef="usd">61452815</us-gaap:TradingSecurities>
	<us-gaap:TradingSecurities contextRef="FI2017Q1_us-gaap_FairValueByMeasurementFrequencyAxis_us-gaap_FairValueMeasurementsRecurringMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SeedCapitalInvestmentsMember" decimals="0" id="Fact-DA1E1693651758049F5C90B378C6585E" unitRef="usd">6459664</us-gaap:TradingSecurities>
	<us-gaap:TradingSecurities contextRef="FI2017Q1_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember" decimals="0" id="Fact-BCEAF4E56E875CE5A2F8C1D66F6762EA" unitRef="usd">61452815</us-gaap:TradingSecurities>
	<us-gaap:TradingSecurities contextRef="FI2017Q1_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember_us-gaap_StatementEquityComponentsAxis_us-gaap_NoncontrollingInterestMember" decimals="-5" id="Fact-CDC1E085FDA9504C9E06BB78B0B3CB4D" unitRef="usd">17600000</us-gaap:TradingSecurities>
	<us-gaap:TradingSecurities contextRef="FI2017Q1_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SecuritiesheldinConsolidatedFundsMember_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-5" id="Fact-D6496A1704E956E5A4C8F2639E3057CB" unitRef="usd">43900000</us-gaap:TradingSecurities>
	<us-gaap:TradingSecurities contextRef="FI2017Q1_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_dhil_SeedCapitalInvestmentsMember" decimals="0" id="Fact-095FBBDB8ED55019B5162DC6C965CA1A" unitRef="usd">6459664</us-gaap:TradingSecurities>
	<us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="FD2016Q1YTD" decimals="0" id="Fact-B2D489CE50EF5EC4854B89B0D313A540" unitRef="shares">3393396</us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
	<us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="FD2017Q1YTD" decimals="0" id="Fact-6A9EFBD022D0532199EE363CF6C4AA8E" unitRef="shares">3435329</us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
	<us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="FD2016Q1YTD" decimals="0" id="Fact-53A22B943AEC546AB862CDBF14E8C0A6" unitRef="shares">3388743</us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
	<us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="FD2017Q1YTD" decimals="0" id="Fact-DB1A4886D58D578E8D94F95BEE71C6FA" unitRef="shares">3428888</us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
	<dhil:AssetsUnderManagementVariablePerformanceFeesTableTextBlock contextRef="FD2017Q1YTD" id="Fact-BA714285B21257EBAF75BBA7E1AB4E6E">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The table below shows AUM subject to variable fees and the amount of variable fees that would be recognized based upon current investment results as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="7" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:58%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:19%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:19%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;As of March&amp;#160;31, 2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;AUM subject to variable fees&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Unearned variable fees&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Contractual Period Ends:&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Quarter Ended December 31, 2018&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;100,372,212&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;650,510&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Quarter Ended September 30, 2019&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;33,309,551&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;481,397&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Quarter Ended March 31, 2020&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;10,957,815&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Quarter Ended September 30, 2021&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;246,450,605&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;860,314&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Total&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;391,090,183&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;1,992,221&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;</dhil:AssetsUnderManagementVariablePerformanceFeesTableTextBlock>
	<dhil:MutualFundAdministrationGrossAndNetRevenueTableTextBlock contextRef="FD2017Q1YTD" id="Fact-A7F2886AFA925D9AB09E4AE32020C6A2">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Mutual fund administration gross and net revenue are summarized below:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="8" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:75%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:10%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:10%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Three Months Ended&amp;#160;&lt;br clear="none"/&gt;&amp;#160;March 31,&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2016&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Mutual fund administration:&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Administration revenue, gross&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;6,436,359&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;6,760,870&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;12b-1/service fees and commission revenue received from fund clients&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2,625,391&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;12b-1/service fees and commission expense payments to third parties&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(2,328,490&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Fund related expense&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(3,148,951&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(3,268,063&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Revenue, net of related expenses&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,287,408&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,789,708&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;DHCM C-Share financing:&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Broker commission advance repayments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;113,470&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;193,310&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Broker commission amortization&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(100,220&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(212,313&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Financing activity, net&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;13,250&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(19,003&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Mutual fund administration revenue, net&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,300,658&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,770,705&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;</dhil:MutualFundAdministrationGrossAndNetRevenueTableTextBlock>
	<dhil:ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock contextRef="FD2017Q1YTD" id="Fact-AF6266BC4B395E4AB20967984CD63972">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The recognition of compensation expense related to deferred compensation over the remaining vesting periods is as follows:&lt;/font&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="27" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:8%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Nine Months&amp;#160;&lt;br clear="none"/&gt;&amp;#160;Remaining In&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2018&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2019&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2020&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2021&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Thereafter&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Total&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;4,845,782&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;4,773,030&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;4,036,576&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2,364,048&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;872,849&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;907,498&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;17,799,783&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;</dhil:ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock>
	<us-gaap:BasisOfAccountingPolicyPolicyTextBlock contextRef="FD2017Q1YTD" id="Fact-CB53F69E624E5B03A5DF0EE72E8C6A5E">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Basis of Presentation&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The accompanying unaudited condensed consolidated financial statements as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;December&amp;#160;31, 2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, and for the &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;three&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; month periods ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, for Diamond Hill Investment Group, Inc. and its subsidiaries (referred to in these notes to the condensed consolidated financial statements as "the Company," "management," "we," "us," and "our") have been prepared in accordance with United States generally accepted accounting principles ("GAAP") and with the instructions to Form 10-Q and Article 10 of the Securities and Exchange Commission ("SEC") Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements.  In the opinion of management, all adjustments, consisting of normal recurring accruals, considered necessary for a fair statement of the financial condition and results of operations at the dates and for the interim periods presented, have been included.  The results of operations for any interim period are not necessarily indicative of the results of operations to be expected for any full fiscal year.  These unaudited condensed consolidated financial statements and footnotes should be read in conjunction with the audited consolidated financial statements of the Company included in the Company's Annual Report on Form 10-K for the fiscal year ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;December&amp;#160;31, 2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; ("&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; Annual Report") as filed with the SEC.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:BasisOfAccountingPolicyPolicyTextBlock>
	<us-gaap:CashAndCashEquivalentsPolicyTextBlock contextRef="FD2017Q1YTD" id="Fact-F70B30C752205DEAA27FB42E8ECA1030">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Cash and Cash Equivalents&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Cash and cash equivalents include demand deposits and money market mutual funds.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:CashAndCashEquivalentsPolicyTextBlock>
	<us-gaap:CommitmentsAndContingenciesDisclosureTextBlock contextRef="FD2017Q1YTD" id="Fact-61A7BA4CF5D657A58CBF946C3D3330C7">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Commitments and Contingencies&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company indemnifies its directors, officers and certain of its employees for certain liabilities that might arise from their performance of their duties to the Company. From time to time, the Company is involved in legal matters relating to claims arising in the ordinary course of business.  There are currently no such matters pending that the Company believes could have a material adverse effect on its consolidated financial statements.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Additionally, in the normal course of business, the Company enters into agreements that contain a variety of representations and warranties and which provide general indemnifications. Certain agreements do not contain any limits on the Company&amp;#8217;s liability and could involve future claims that may be made against the Company that have not yet occurred. Therefore, it is not possible to estimate the Company&amp;#8217;s potential liability under these indemnities. Further, the Company maintains insurance policies that may provide coverage against certain claims under these indemnities.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:CommitmentsAndContingenciesDisclosureTextBlock>
	<us-gaap:ConsolidationPolicyTextBlock contextRef="FD2017Q1YTD" id="Fact-3C772702C3F5564E8751E6A867118111">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Principles of Consolidation&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The accompanying consolidated financial statements include the operations of the Company and its controlled subsidiaries.  All  inter-company transactions and balances have been eliminated in consolidation.  &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company holds certain investments in the Funds and the ETF we advise for general corporate investment purposes and to provide seed capital for newly formed strategies or to add capital to existing strategies.  The Funds are organized in a series fund structure in which there are multiple mutual funds within one Trust.  The Trust is an open-end investment company registered under the Investment Company Act of 1940, as amended (the"1940 Act").  The ETF we advise is an individual series of ETF Series Solutions which is also an open-end investment company registered under the 1940 Act.  Each of the individual mutual funds and the ETF represent a separate share class of a legal entity organized under the Trust.  As of January 1, 2016, the Company adopted &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;font-style:italic;"&gt;ASU 2015-02 - Consolidation (Topic 810): Amendments to the Consolidation Analysis ("ASU 2015-02") &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;and we have performed our analysis at the individual mutual fund and ETF level and have concluded the mutual funds and ETF are voting rights entities ("VREs").  The Company has concluded that the mutual funds and the ETF are VREs because the structure of the investment product is such that the shareholders are deemed to have the power through voting rights to direct the activities that most significantly impact the entity's economic performance.  To the extent material, these investment products are consolidated if Company ownership, directly or indirectly, represents a majority interest (greater than 50%).  The Company records redeemable noncontrolling interests in consolidated investments for which the Company's ownership is less than 100%.  The Company has consolidated the ETF and one of our individual mutual funds (collectively the "Consolidated Funds") as our ownership was greater than 50% in each.  &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;DHCM is the managing member of Diamond Hill General Partner, LLC (the &amp;#8220;General Partner&amp;#8221;), the general partner of Diamond Hill Investment Partners, L.P. (&amp;#8220;DHIP&amp;#8221;), Diamond Hill Global Fund, L.P. ("DHGF"), and Diamond Hill International Equity Fund, L.P. ("DHIEF"), each a limited partnership (collectively, the "Partnerships" or &amp;#8220;LPs&amp;#8221;) whose underlying assets consist primarily of marketable securities.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;DHCM is wholly owned by the Company and is consolidated by us.  Further, DHCM, through its control of the General Partner, has the power to direct each LP&amp;#8217;s economic activities and the right to receive investment advisory fees that may be significant to the LPs.  &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company concluded we did not have a variable interest in DHIP as the fees paid to the General Partner are considered to contain customary terms and conditions as found in the market for similar products and the Company has no equity ownership in DHIP.  &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company concluded DHGF and DHIEF were variable interest entities ("VIEs") as DHCM has disproportionately less voting interests than economic interests in each LP, yet the limited partners have full power to remove the Company as the General Partner due to the existence of substantive kick-out rights.  In addition, substantially all of the LPs' activities are conducted on behalf of the General Partner which has disproportionately few voting rights.  The Company concluded we are not the primary beneficiary of DHGF or DHIEF  as we lack the power to control the entities due to the existence of single-party kick-out rights where the limited partners have the unilateral ability to remove the General Partner without cause. DHCM&amp;#8217;s investment in DHGF and DHIEF is reported as a component of the Company&amp;#8217;s investment portfolio, valued at DHCM&amp;#8217;s proportionate interest in the net asset value ("NAV") of each LP. &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The LPs are not subject to lock-up periods and can be redeemed on demand. Gains and losses attributable to changes in the value of DHCM&amp;#8217;s interests in the LPs are included in the Company&amp;#8217;s reported investment income. The Company&amp;#8217;s exposure to loss as a result of its involvement with the LPs is limited to the amount of its investments. DHCM is not obligated to provide, and has not provided, financial or other support to the LPs, other than its investments to date and its contractually provided investment advisory responsibilities. The Company has not provided liquidity arrangements, guarantees or other commitments to support the LPs&amp;#8217; operations, and the LPs&amp;#8217; creditors and interest holders have no recourse to the general credit of the Company.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Certain board members, officers and employees of the Company invest in the LPs and are not subject to a management fee or an incentive fee. These individuals receive no remuneration as a result of their personal investment in the LPs. The capital of the General Partner is not subject to a management fee or an incentive fee.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:ConsolidationPolicyTextBlock>
	<us-gaap:ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy contextRef="FD2017Q1YTD" id="Fact-CA699EDC24EB5344AD79251557CA2D4B">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Redeemable Noncontrolling Interest&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Redeemable noncontrolling interest represents third-party interests in the Consolidated Funds.  This interest is redeemable at the option of the investors and therefore is not treated as permanent equity.  Redeemable noncontrolling interest is remeasured at redemption value which approximates the fair value each reporting period.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy>
	<us-gaap:DebtDisclosureTextBlock contextRef="FD2017Q1YTD" id="Fact-2D518B6E0F385E7EB17BB410C35951FE">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Line of Credit&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company has an uncommitted Line of Credit Agreement (the "Credit Agreement") with a commercial bank that matures in November of 2017 and permits the Company to borrow up to &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$25.0 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;.  Borrowings under the Credit Agreement bear interest at a rate equal to LIBOR plus &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;1.50%&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;.  The Company has not borrowed under the Credit Agreement as of and for the period ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;.  &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;No&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; interest is payable on the unused portion of the Credit Agreement.  &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The proceeds of the Credit Agreement may be used by the Company and its subsidiaries for ongoing working capital needs, to seed new investment strategies and other general corporate purposes.  The Credit Agreement contains representations, warranties and covenants that are customary for agreements of this type.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:DebtDisclosureTextBlock>
	<us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock contextRef="FD2017Q1YTD" id="Fact-4288B90DACF25041907A7DB101B4412E">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Compensation Plans&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;font-style:italic;"&gt;Share-Based Payment Transactions&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company issues restricted stock units and restricted stock awards (collectively, "Restricted Stock") under the 2014 Equity and Cash Incentive Plan ("2014 Plan"). Restricted stock units represent shares which may be issued in the future, whereas restricted stock awards represent common shares issued and outstanding upon grant subject to vesting restrictions. The following table represents a roll-forward of outstanding Restricted Stock and related activity during the &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;three&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; months ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="7" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:72%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:10%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:14%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Shares&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Weighted-Average&lt;/font&gt;&lt;/div&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Grant Date Price&lt;/font&gt;&lt;/div&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;per Share&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Outstanding Restricted Stock as of December&amp;#160;31, 2016&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;223,800&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;132.96&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Grants issued&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;8,700&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;199.46&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Grants vested&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(14,000&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;126.38&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Grants forfeited&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(1,250&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;67.86&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Total Outstanding Restricted Stock as of March&amp;#160;31, 2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;217,250&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;136.42&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;As of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, there were &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;383,177&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; Common Shares available for awards under the 2014 Plan.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Total deferred compensation related to unvested Restricted Stock grants was &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$17.8 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;. Compensation expense related to Restricted Stock grants is calculated based upon the fair market value of the common shares on grant date.  The Company's policy is to adjust compensation expense for forfeitures as they occur. The recognition of compensation expense related to deferred compensation over the remaining vesting periods is as follows:&lt;/font&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="27" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:8%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Nine Months&amp;#160;&lt;br clear="none"/&gt;&amp;#160;Remaining In&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2018&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2019&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2020&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2021&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Thereafter&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Total&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;4,845,782&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;4,773,030&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;4,036,576&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2,364,048&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;872,849&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;907,498&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;17,799,783&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;font-style:italic;"&gt;Stock Grant Transactions&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The following table represents stock issued as part of our incentive compensation program during the &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;three&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; months ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:6px;text-align:left;font-size:10pt;"&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:58.86939571150097%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="7" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:45%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:26%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:25%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Shares Issued&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Grant Date Value&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March 31, 2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;19,219&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,892,424&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2016&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;21,940&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,879,431&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;font-style:italic;"&gt;Deferred Compensation Plans&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company offers two deferred compensation plans, the Diamond Hill Fixed Term Deferred Compensation Plan and the Diamond Hill Variable Term Deferred Compensation Plan (collectively the &amp;#8220;Plans&amp;#8221;), to its named executive officers and certain other employees. Under the Plans, participants may elect to voluntarily defer, for a minimum of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;five&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; years, certain incentive compensation, which the Company then contributes into the Plans. Each participant is responsible for designating investment options for assets they contribute, and the distribution paid to each participant reflects any gains or losses on the assets realized while in the Plans. Assets held in the Plans are included in the Company&amp;#8217;s investment portfolio, and the associated obligation to participants is included in deferred compensation liability. Assets held in the Plans are recorded at fair value. Deferred compensation liability was &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$18.7 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$14.2 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;December&amp;#160;31, 2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, respectively.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock>
	<us-gaap:EarningsPerSharePolicyTextBlock contextRef="FD2017Q1YTD" id="Fact-E75E6D92A5D05C9B97A35D1C677DC8B6">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Earnings Per Share&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Basic earnings per share (&amp;#8220;EPS&amp;#8221;) excludes dilution and is computed by dividing net income by the weighted average number of Common Shares outstanding for the period, which includes participating securities.  Diluted EPS reflects the potential dilution of EPS due to unvested restricted stock units.  See &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Note 8&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:EarningsPerSharePolicyTextBlock>
	<us-gaap:EarningsPerShareTextBlock contextRef="FD2017Q1YTD" id="Fact-414406A824F45D859509EEE99B7248DC">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Earnings Per Share&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company&amp;#8217;s Common Shares outstanding consist of all shares issued and outstanding, including unvested restricted shares. Basic and diluted EPS are calculated under the two-class method. Restricted stock units are considered dilutive. The following table sets forth the computation for basic and diluted EPS and reconciliation between basic and diluted shares outstanding:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:12pt;"&gt;&lt;font style="font-family:inherit;font-size:12pt;"&gt;&amp;#160;&lt;/font&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="8" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:69%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:13%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:13%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Three Months Ended&amp;#160;&lt;br clear="none"/&gt;&amp;#160;March 31,&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2016&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Net Income&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;13,125,448&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;9,279,879&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Less: Net income attributable to redeemable noncontrolling interest&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(368,553&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(14,216&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Net income attributable to common shareholders&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;12,756,895&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;9,265,663&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Weighted average number of outstanding shares - Basic&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,428,888&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,388,743&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Dilutive impact of restricted stock units&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;6,441&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;4,653&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Weighted average number of outstanding shares - Diluted&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,435,329&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,393,396&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Earnings per share attributable to common shareholders&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Basic&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3.72&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2.73&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Diluted&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3.71&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2.73&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:EarningsPerShareTextBlock>
	<us-gaap:EquityMethodInvestmentsTextBlock contextRef="FD2017Q1YTD" id="Fact-4B5DA810F0E95DF4A4BC22065102DCD9">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The following table includes the condensed summary financial information from the Company's equity method investments as of and for the period ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="7" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:66%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:15%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:15%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;As of&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;December&amp;#160;31, 2016&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Total assets&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;200,584,608&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;189,819,824&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Total liabilities&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;45,863,330&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;45,931,979&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Net assets&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;154,721,278&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;143,887,845&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;DHCM's portion of net assets&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;36,711,852&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;41,338,406&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;For the Three Months Ended&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;March&amp;#160;31, 2016&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Investment income&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;458,399&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;355,853&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Expenses&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;370,393&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;62,226&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Net realized gains (losses)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;1,299,286&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(95,785&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Net change in unrealized appreciation/depreciation&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2,921,247&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;1,104,266&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Net income&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;4,308,539&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;1,302,108&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;DHCM's portion of net income&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;1,416,849&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;646,565&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:EquityMethodInvestmentsTextBlock>
	<us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock contextRef="FD2017Q1YTD" id="Fact-BCE91C9D28E95B809C8437901829EB3F">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The following table summarizes our investments that are recognized in our consolidated balance sheet using fair value measurements determined based upon the differing levels of inputs as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="13" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:52%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:10%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:10%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:10%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:10%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Level 1&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Level 2&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Level 3&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Total&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Cash equivalents &lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;58,101,003&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;58,101,003&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Trading Investments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Securities held in Consolidated Funds&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;sup style="vertical-align:top;line-height:120%;font-size:7pt"&gt;(a) &lt;/sup&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;19,273,313&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;42,179,502&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;61,452,815&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Company sponsored investments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;6,459,664&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;6,459,664&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Deferred compensation investments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;18,683,617&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;18,683,617&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:9pt;"&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;(a) Of the equity interests in the Consolidated Funds as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;, &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;$43.9 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt; were held directly by the Company and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;$17.6 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt; were held by noncontrolling shareholders.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock>
	<us-gaap:IncomeTaxDisclosureTextBlock contextRef="FD2017Q1YTD" id="Fact-50DD0D30434A57EC9169411B7A4F0434">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Income Taxes&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company has determined its interim tax provision projecting an estimated annual effective tax rate. For the &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;three&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; months ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, the Company recorded income tax expense of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$6.5 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, yielding an effective tax rate of  &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;33.1%&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;.  The effective tax rate of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;33.1%&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; differed from the federal statutory tax rate of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;35%&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; due primarily to &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$0.4 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; of excess tax benefits from the vesting of stock awards as well as a &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$0.1 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; tax benefit related to a charitable donation of appreciated securities previously held in our investment portfolio.  The tax benefits were partially offset by the additional income tax expense recorded in the state and city jurisdictions in which we do business.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company implemented ASU 2016-09, "Improvements to Employee Share-Based Payment Accounting" on January 1, 2017.  As of January 1, 2017, any excess tax benefits or deficiences from the vesting of stock awards are recognized through the income tax provision as opposed to common stock.  For Restricted Stock, the Company receives an excess income tax benefit calculated as the tax effect of the difference between the fair market value of the stock at the time of grant and vesting.  The Company also records tax benefits on dividends paid on Restricted Stock.  This change is required to be applied prospectively to all excess tax benefits and tax deficiencies after the date of adoption of the ASU.  No adjustment is recorded for any windfall benefits previously recorded in common stock.  In addition, all tax-related cash flows resulting from share-based payments will be reported as operating activities in the statement of cash flows under the new guidance, rather than the prior requirement to present windfall tax benefits as an inflow from financing activities and an outflow from operating activities.  The Company has elected to adopt this change in cash flow presentation prospectively after the date of adoption of the ASU.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:10px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;For the&amp;#160;&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;three&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;months ended&amp;#160;&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, the Company recorded income tax expense of&amp;#160;&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$5.2 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, yielding an effective tax rate of&amp;#160;&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;35.8%&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;. The effective tax rate of&amp;#160;&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;35.8%&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;differed from the federal statutory tax rate of&amp;#160;&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;35%&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;due primarily to the additional income tax expense recorded in the state and city jurisdictions in which we do business, which was partially offset by a &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$0.1 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; tax benefit related to a charitable donation of appreciated securities previously held in our investment portfolio. The Company had net tax benefits from equity awards of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$5.2 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; for the &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;three&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; months ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;,  which was reflected as an increase in equity.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:10px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The net temporary differences incurred to date will reverse in future periods as the Company generates taxable earnings. The Company believes it is more likely than not that the results of future operations will generate sufficient taxable income to realize the net deferred tax assets recorded. The Company records a valuation allowance when it is more likely than not that some portion or all of the deferred tax assets will not be realized. As of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;December&amp;#160;31, 2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, no valuation allowance was deemed necessary.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:10px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;FASB ASC 740, &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;font-style:italic;"&gt;Income Taxes&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return and also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The Company did not record an accrual for tax related uncertainties or unrecognized tax positions as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; or &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;December&amp;#160;31, 2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:IncomeTaxDisclosureTextBlock>
	<us-gaap:IncomeTaxPolicyTextBlock contextRef="FD2017Q1YTD" id="Fact-CF19FFDFBBE359C2928561562F0A10F8">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Income Taxes&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company accounts for current and deferred income taxes through an asset and liability approach. Deferred tax assets are recognized for deductible temporary differences and deferred tax liabilities are recognized for taxable temporary differences. Deferred tax assets are reduced by a valuation allowance when it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company is subject to examination by federal and applicable state and local jurisdictions for various tax periods. The Company&amp;#8217;s income tax positions are based on research and interpretations of the income tax laws and rulings in each of the jurisdictions in which it does business. Due to the subjectivity of interpretations of laws and rulings in each jurisdiction, the differences and interplay in tax laws among those jurisdictions, as well as the inherent uncertainty in estimating the final resolution of complex tax audit matters, the Company&amp;#8217;s estimates of income tax liabilities may differ from actual payments or assessments. The Company regularly assesses its position with regard to tax exposures and records liabilities for these uncertain tax positions and related interest and penalties, if any, according to the principles of FASB ASC 740, &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;font-style:italic;"&gt;Income Taxes&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;. As of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, the Company had not recorded any liability for uncertain tax positions. The Company records interest and penalties, if any, within income tax expense on the income statement.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:IncomeTaxPolicyTextBlock>
	<us-gaap:InvestmentPolicyTextBlock contextRef="FD2017Q1YTD" id="Fact-9102334807D35459B97192B3BE4E53FB">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Investments&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Management determines the appropriate classification of its investments at the time of purchase and re-evaluates its determination at each reporting period.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Investments classified as trading represent investments in the Funds we advise where the Company has neither control nor the ability to exercise significant influence as well as securities held in the Consolidated Funds.  These investments are measured at fair value based on quoted market prices.  Unrealized gains and losses are recorded as investment income (loss) in the Company's consolidated statements of income.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Investments classified as equity method investments represent investments in which the Company owns between 20-50% of the outstanding voting interests in the entity or when it is determined that the Company is able to exercise significant influence but not control over the investments.  When using the equity method, the Company recognizes its respective share of the investee's net income or loss for the period which is recorded as investment income in the Company's consolidated statements of income.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Valuation of Investment Portfolio&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Accounting Standards Codification Topic 820, Fair Value Measurement ("ASC 820") specifies a hierarchy of valuation classifications based on whether the inputs to the valuation techniques used in each valuation classification are observable or unobservable.  These classifications are summarized in the three broad levels listed below:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Level 1 - Unadjusted quoted prices for identical instruments in active markets.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Level 2 - Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-driven valuations in which all significant inputs are observable.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Level 3 - Valuations derived from techniques in which significant inputs are unobservable.  &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Inputs used to measure fair value might fall in different levels of the fair value hierarchy, in which case the Company defaults to the lowest level input that is significant to the fair value measurement in its entirety.  These levels are not necessarily an indication of the risk or liquidity associated with investments. The following table summarizes our investments that are recognized in our consolidated balance sheet using fair value measurements determined based upon the differing levels of inputs as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="13" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:52%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:10%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:10%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:10%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:10%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Level 1&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Level 2&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Level 3&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Total&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Cash equivalents &lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;58,101,003&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;58,101,003&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Trading Investments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Securities held in Consolidated Funds&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;sup style="vertical-align:top;line-height:120%;font-size:7pt"&gt;(a) &lt;/sup&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;19,273,313&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;42,179,502&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;61,452,815&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Company sponsored investments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;6,459,664&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;6,459,664&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Deferred compensation investments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;18,683,617&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;18,683,617&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:9pt;"&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;(a) Of the equity interests in the Consolidated Funds as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;, &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;$43.9 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt; were held directly by the Company and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;$17.6 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt; were held by noncontrolling shareholders.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Level 1 investments are all registered investment companies (mutual funds) or equity securities held in the Consolidated Funds and include, as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$58.1 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; of investments in money market mutual funds that the Company classifies as cash equivalents. &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Level 2 investments are comprised of investments in debt securities, which are valued by an independent pricing service using pricing techniques which take into account factors such as trading activity, readily available market quotations, yield, quality, coupon rate, maturity, type of issue, trading characteristics, call features, credit rates and other observable inputs. &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company determines transfers between fair value hierarchy levels at the end of the reporting period. There were &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;no&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; transfers in or out of the levels during the &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;three&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; months ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:12px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Changes in fair values of the investments are recorded in the Company's consolidated statements of income as investment income (loss).&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:InvestmentPolicyTextBlock>
	<us-gaap:InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock contextRef="FD2017Q1YTD" id="Fact-1A478A1A3053521682E6E6917D3BBC8B">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Investment Portfolio&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;As of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, the Company held investments (excluding money market funds, which are included with cash and cash equivalents) worth &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$117.4 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;. The following table summarizes the carrying value of these investments as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;December&amp;#160;31, 2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="7" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:70%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:13%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:13%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;As of&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;December&amp;#160;31, 2016&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Trading investments:&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Securities held in Consolidated Funds&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;sup style="vertical-align:top;line-height:120%;font-size:7pt"&gt;(a) &lt;/sup&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;61,452,815&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;57,355,471&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Company sponsored investments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;6,459,664&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;20,245&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Company sponsored equity method investments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;30,827,940&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;36,457,449&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Deferred compensation investments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;18,683,617&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;14,182,470&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Total Investment portfolio&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;117,424,036&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;108,015,635&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:9pt;"&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;(a) Of the securities held in the Consolidated Funds as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;, &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;$43.9 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt; were held directly by the Company and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;$17.6 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt; were held by noncontrolling shareholders. Of the securities held in the Consolidated Funds as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;December&amp;#160;31, 2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;, &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;$42.6 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt; were held directly by the Company and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;$14.7 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt; were held by noncontrolling shareholders.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The deferred compensation investments above consist of Diamond Hill Funds and relate to deferred compensation liabilities from both deferred compensation plans (refer to &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Note 5&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;).  As of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, trading investments and equity method investments held in deferred compensation investments were &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$12.8 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$5.9 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, respectively.  As of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;December&amp;#160;31, 2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, trading investments and equity method investments held in the deferred compensation investments were &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$9.3 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$4.9 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, respectively.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;As of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, our equity method investees consisted of the Diamond Hill Mid Cap Fund, the Diamond Hill Research Opportunities Fund, DHGF, and DHIEF and our ownership percentages in these funds were &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;23%&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;22%&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;95%&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;30%&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, respectively.  The Company's equity method investments consist of cash, marketable equity securities and fixed income securities.  The following table includes the condensed summary financial information from the Company's equity method investments as of and for the period ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="7" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:66%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:15%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:15%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;As of&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;December&amp;#160;31, 2016&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Total assets&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;200,584,608&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;189,819,824&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Total liabilities&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;45,863,330&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;45,931,979&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Net assets&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;154,721,278&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;143,887,845&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;DHCM's portion of net assets&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;36,711,852&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;41,338,406&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;For the Three Months Ended&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;March&amp;#160;31, 2016&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Investment income&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;458,399&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;355,853&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Expenses&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;370,393&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;62,226&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Net realized gains (losses)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;1,299,286&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(95,785&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Net change in unrealized appreciation/depreciation&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2,921,247&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;1,104,266&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Net income&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;4,308,539&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;1,302,108&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;DHCM's portion of net income&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;1,416,849&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;646,565&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock>
	<us-gaap:LeasesOfLesseeDisclosureTextBlock contextRef="FD2017Q1YTD" id="Fact-15CBBDF64EE35ED99A834A92EADBEE67">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Operating Leases&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company currently leases office space of approximately &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;37,829&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; square feet at &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;one&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; location. The following table summarizes the total lease and operating expenses for the &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;three&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; months ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:12pt;"&gt;&lt;font style="font-family:inherit;font-size:12pt;"&gt;&amp;#160;&lt;/font&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="8" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:73%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:11%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:11%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;March&amp;#160;31, &lt;br clear="none"/&gt;2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;March&amp;#160;31, &lt;br clear="none"/&gt;2016&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Three Months Ended&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;231,463&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;227,349&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The approximate future minimum lease payments under the operating lease are as follows:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:12pt;"&gt;&lt;font style="font-family:inherit;font-size:12pt;"&gt;&amp;#160;&lt;/font&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="27" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:8%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td colspan="27" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Future Minimum Lease Payments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Nine Months&amp;#160;&lt;br clear="none"/&gt;&amp;#160;Remaining In&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2018&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2019&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2020&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2021&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Thereafter&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Total&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;439,762&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;586,350&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;595,807&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;624,179&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;624,179&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;1,716,000&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;4,586,277&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;In addition to the above lease payments, the Company is also responsible for normal operating expenses of the property. Such operating expenses were approximately &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$0.4 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; in &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, and are expected to be the same in &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:LeasesOfLesseeDisclosureTextBlock>
	<us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock contextRef="FD2017Q1YTD" id="Fact-E8B975BC8B9A5F2EBA7A568189D8EFC6">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Recently Issued Accounting Standards&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, "Revenue from Contracts with Customers", which supersedes existing accounting standards for revenue recognition and creates a single framework. ASU 2014-09 requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers.  This standard also specifies the accounting for certain costs to obtain or fulfill a contract with a customer.  This ASU will supersede much of the existing revenue recognition guidance in GAAP and is effective for fiscal years beginning after December 15, 2017, including interim periods within that reporting period, and requires either a retrospective or a modified retrospective approach to adoption.  Early application is permitted for the first interim period within annual reporting periods beginning after December 15, 2016.  The Company is currently assessing the impact of this standard on its consolidated financial statements and related disclosures, as well as the transition methods.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;In February 2016, the FASB issued ASU 2016-02, "Leases", which, among other things, requires lessees to recognize most leases on-balance sheet.  This will increase their reported assets and liabilities - in some cases significantly.  Lessor accounting remains substantially similar to current GAAP.  ASU 2016-02 supersedes Topic 840,&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;font-style:italic;"&gt; Leases&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;.  ASU 2016-02 is effective for annual and interim periods in fiscal years beginning after December 15, 2018.  ASU 2016-02 mandates a modified retrospective transition method for all entities.  The Company is currently assessing the impact of this standard on its consolidated financial statements and related disclosures.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock>
	<us-gaap:OperatingLeasesOfLesseeDisclosureTextBlock contextRef="FD2017Q1YTD" id="Fact-DCAF98489132521AB94E087176C83BB9">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The following table summarizes the total lease and operating expenses for the &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;three&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; months ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:12pt;"&gt;&lt;font style="font-family:inherit;font-size:12pt;"&gt;&amp;#160;&lt;/font&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="8" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:73%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:11%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:11%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;March&amp;#160;31, &lt;br clear="none"/&gt;2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;March&amp;#160;31, &lt;br clear="none"/&gt;2016&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Three Months Ended&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;231,463&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;227,349&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:OperatingLeasesOfLesseeDisclosureTextBlock>
	<us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock contextRef="FD2017Q1YTD" id="Fact-B41E7266413A52FC8C287BA1962F3BBB">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Business and Organization&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Diamond Hill Investment Group, Inc. (the "Company"), an Ohio corporation, derives its consolidated revenues and net income from investment advisory and fund administration services. &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Diamond Hill Capital Management, Inc. ("DHCM"), an Ohio corporation, is a wholly owned subsidiary of the Company and a registered investment adviser. DHCM is the investment adviser to the Diamond Hill Funds (the "Funds"), a series of open-end mutual funds, private investment funds ("Private Funds"), an exchange traded fund (the "ETF"), and other institutional accounts. In addition, DHCM is administrator for the Funds.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Beacon Hill Fund Services, Inc. (&amp;#8220;BHFS&amp;#8221;) and BHIL Distributors, Inc. (&amp;#8220;BHIL&amp;#8221;), collectively operated as "Beacon Hill," were operating subsidiaries of the Company. The Company sold Beacon Hill on July 31, 2016. Prior to the sale, Beacon Hill provided compliance, treasury, underwriting and other fund administration services to investment advisers and mutual funds.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock>
	<us-gaap:PriorPeriodReclassificationAdjustmentDescription contextRef="FD2017Q1YTD" id="Fact-07A99FCA47055517B16DACE15299F47F">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Reclassification&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Certain prior period amounts and disclosures may have been reclassified to conform to the current period's financial presentation.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:PriorPeriodReclassificationAdjustmentDescription>
	<us-gaap:PropertyPlantAndEquipmentPolicyTextBlock contextRef="FD2017Q1YTD" id="Fact-E039C55EE2C2542CB06641156CCBAFC5">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Property and Equipment&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Property and equipment, consisting of leasehold improvements, computer equipment, furniture, and fixtures, are carried at cost less accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated lives of the assets.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:PropertyPlantAndEquipmentPolicyTextBlock>
	<us-gaap:ReceivablesPolicyTextBlock contextRef="FD2017Q1YTD" id="Fact-C071A3EB57FE5545B062C5F8A1767B19">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Accounts Receivable&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Accounts receivable are recorded when they are due and are presented on the balance sheet net of any allowance for doubtful accounts. Accounts receivable are written off when they are determined to be uncollectible. Any allowance for doubtful accounts is estimated based on the Company&amp;#8217;s historical losses, existing conditions in the industry, and the financial stability of those individuals or entities that owe the receivable.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:ReceivablesPolicyTextBlock>
	<us-gaap:RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure contextRef="FD2017Q1YTD" id="Fact-4E8554FD2A265750B612CB13A5A7A576">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Revenue Recognition &amp;#8211; Mutual Fund Administration&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;DHCM has an administrative and transfer agency services agreement with the Funds under which DHCM performs certain services for each Fund. These services include mutual fund administration, fund accounting, transfer agency and other related functions. For performing these services each Fund pays DHCM a fee, which is calculated using an annual rate times the average daily net assets of each respective share class. &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Funds have selected and contractually engaged certain vendors to fulfill various services to benefit the Funds&amp;#8217; shareholders or to satisfy regulatory requirements of the Funds. These services include, among others, required shareholder mailings, federal and state registrations, and legal and audit services. DHCM, in fulfilling a portion of its role under the administration agreement with the Funds, acts as agent to pay these obligations of the Funds. Each vendor is independently responsible for fulfillment of the services it has been engaged to provide and negotiates fees and terms with the management and board of trustees of the Funds. The fee that each Fund pays to DHCM is reviewed annually by the Funds&amp;#8217; board of trustees and specifically takes into account the contractual expenses that DHCM pays on behalf of the Funds. As a result, DHCM is not involved in the delivery or pricing of these services and bears no risk related to these services. Revenue has been recorded net of these Fund related expenses, in accordance with FASB ASC 605-45, &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;font-style:italic;"&gt;Revenue Recognition &amp;#8211; Principal Agent Considerations&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;. In addition, DHCM advances the upfront commissions that are paid to brokers who sell Class C shares of the Funds.  These advances are capitalized and amortized over &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;12 months&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; to correspond with the repayments DHCM receives from the principal underwriter to recoup this commission advancement.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Prior to the sale of Beacon Hill, the Company, through Beacon Hill, had underwriting and administrative service agreements with certain clients, including registered mutual funds. The fee arrangements varied from client to client based upon services provided and have been recorded as revenue under mutual fund administration on the Company's consolidated statements of income. Part of Beacon Hill&amp;#8217;s role as underwriter was to act as an agent on behalf of its mutual fund clients to receive 12b-1/service fees and commission revenue and facilitate the payment of those fees and commissions to third parties who provide services to the funds and their shareholders. The majority of 12b-1/service fees were paid to independent third parties and the remainder were retained by the Company as reimbursement for expenses the Company had incurred. The amounts of 12b-1/service fees and commissions were determined by each mutual fund client, and Beacon Hill bore no financial risk related to these services. As a result, 12b-1/service fees and commission revenue was recorded net of the expense payments to third parties, in accordance with the appropriate accounting treatment for this agency relationship. &lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure>
	<us-gaap:RevenueRecognitionPolicyTextBlock contextRef="FD2017Q1YTD" id="Fact-9B803CAFE9285F3B805C5F2B0AB878E1">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Revenue Recognition &amp;#8211; General&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company earns substantially all of its revenue from investment advisory and fund administration services. Investment advisory and administration fees, generally calculated as a percentage of assets under management ("AUM"), are recorded as revenue as services are performed. In addition to fixed fees based on a percentage of AUM, certain client accounts also provide periodic variable fees.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:RevenueRecognitionPolicyTextBlock>
	<us-gaap:RevenueRecognitionServicesManagementFees contextRef="FD2017Q1YTD" id="Fact-554A2E9C40835A10909E7303D4A00CFA">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Revenue Recognition &amp;#8211; Variable Fees&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company manages certain client accounts that provide for variable fees. These fees are calculated based on client investment results over rolling &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;five&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;-year periods.  The Company records variable fees at the end of the contract measurement period.  No variable fees were earned during the &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;three&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; months ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; or &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;. The table below shows AUM subject to variable fees and the amount of variable fees that would be recognized based upon current investment results as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="7" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:58%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:19%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:19%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;As of March&amp;#160;31, 2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;AUM subject to variable fees&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Unearned variable fees&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Contractual Period Ends:&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Quarter Ended December 31, 2018&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;100,372,212&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;650,510&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Quarter Ended September 30, 2019&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;33,309,551&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;481,397&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Quarter Ended March 31, 2020&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;10,957,815&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Quarter Ended September 30, 2021&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;246,450,605&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;860,314&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Total&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;391,090,183&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;1,992,221&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The contractual end dates highlight the time remaining until the variable fees are scheduled to be earned.  The amount of variable fees that would be recognized based upon investment results as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; will increase or decrease based on future client investment results through the contractual period end.  There can be no assurance that the unearned amounts will ultimately be earned.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:RevenueRecognitionServicesManagementFees>
	<us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock contextRef="FD2017Q1YTD" id="Fact-B692C2EECC625259BDCC88506FFD0BA9">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The following table sets forth the computation for basic and diluted EPS and reconciliation between basic and diluted shares outstanding:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:12pt;"&gt;&lt;font style="font-family:inherit;font-size:12pt;"&gt;&amp;#160;&lt;/font&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="8" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:69%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:13%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:13%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Three Months Ended&amp;#160;&lt;br clear="none"/&gt;&amp;#160;March 31,&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2016&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Net Income&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;13,125,448&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;9,279,879&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Less: Net income attributable to redeemable noncontrolling interest&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(368,553&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(14,216&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Net income attributable to common shareholders&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;12,756,895&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;9,265,663&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Weighted average number of outstanding shares - Basic&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,428,888&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,388,743&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Dilutive impact of restricted stock units&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;6,441&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;4,653&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Weighted average number of outstanding shares - Diluted&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,435,329&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,393,396&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;height:20px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Earnings per share attributable to common shareholders&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Basic&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3.72&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2.73&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Diluted&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3.71&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2.73&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock>
	<us-gaap:ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock contextRef="FD2017Q1YTD" id="Fact-1DD222E56CDC5ECABEBC520BD9F932F9">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The approximate future minimum lease payments under the operating lease are as follows:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:12pt;"&gt;&lt;font style="font-family:inherit;font-size:12pt;"&gt;&amp;#160;&lt;/font&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="27" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:8%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:12%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td colspan="27" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Future Minimum Lease Payments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Nine Months&amp;#160;&lt;br clear="none"/&gt;&amp;#160;Remaining In&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2018&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2019&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2020&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2021&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Thereafter&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Total&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;439,762&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;586,350&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;595,807&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;624,179&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;624,179&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;1,716,000&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;4,586,277&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock>
	<us-gaap:ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock contextRef="FD2017Q1YTD" id="Fact-5AA750E7BA60595A98ABCF8942EC7625">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The following table represents stock issued as part of our incentive compensation program during the &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;three&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; months ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:6px;text-align:left;font-size:10pt;"&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:58.86939571150097%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="7" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:45%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:26%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:25%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Shares Issued&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Grant Date Value&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March 31, 2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;19,219&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,892,424&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2016&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;21,940&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,879,431&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock>
	<us-gaap:ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock contextRef="FD2017Q1YTD" id="Fact-7E579D15BF635402983966D37BA72515">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The following table represents a roll-forward of outstanding Restricted Stock and related activity during the &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;three&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; months ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="7" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:72%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:10%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:14%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Shares&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Weighted-Average&lt;/font&gt;&lt;/div&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Grant Date Price&lt;/font&gt;&lt;/div&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;per Share&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Outstanding Restricted Stock as of December&amp;#160;31, 2016&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;223,800&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;132.96&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Grants issued&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;8,700&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;199.46&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Grants vested&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(14,000&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;126.38&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Grants forfeited&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(1,250&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;67.86&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Total Outstanding Restricted Stock as of March&amp;#160;31, 2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;217,250&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;136.42&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock>
	<us-gaap:SegmentReportingPolicyPolicyTextBlock contextRef="FD2017Q1YTD" id="Fact-4D4308C0BB915C778F2381BC614FE076">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Segment Information&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Management has determined that the Company operates in &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;one&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; business segment, providing investment management and administration services to mutual funds, institutional accounts, and private investment funds. Therefore, no disclosures relating to operating segments are presented in the Company's annual or interim financial statements.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:SegmentReportingPolicyPolicyTextBlock>
	<us-gaap:SignificantAccountingPoliciesTextBlock contextRef="FD2017Q1YTD" id="Fact-255D3B729C095E2C94B39B1B493304AE">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Significant Accounting Policies&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Basis of Presentation&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The accompanying unaudited condensed consolidated financial statements as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;December&amp;#160;31, 2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, and for the &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;three&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; month periods ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, for Diamond Hill Investment Group, Inc. and its subsidiaries (referred to in these notes to the condensed consolidated financial statements as "the Company," "management," "we," "us," and "our") have been prepared in accordance with United States generally accepted accounting principles ("GAAP") and with the instructions to Form 10-Q and Article 10 of the Securities and Exchange Commission ("SEC") Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements.  In the opinion of management, all adjustments, consisting of normal recurring accruals, considered necessary for a fair statement of the financial condition and results of operations at the dates and for the interim periods presented, have been included.  The results of operations for any interim period are not necessarily indicative of the results of operations to be expected for any full fiscal year.  These unaudited condensed consolidated financial statements and footnotes should be read in conjunction with the audited consolidated financial statements of the Company included in the Company's Annual Report on Form 10-K for the fiscal year ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;December&amp;#160;31, 2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; ("&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; Annual Report") as filed with the SEC.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Use of Estimates&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The preparation of the condensed consolidated financial statements in conformity with GAAP requires management of the Company to make estimates and assumptions related to the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period.  Actual results could differ from those estimates.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Reclassification&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Certain prior period amounts and disclosures may have been reclassified to conform to the current period's financial presentation.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Principles of Consolidation&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The accompanying consolidated financial statements include the operations of the Company and its controlled subsidiaries.  All  inter-company transactions and balances have been eliminated in consolidation.  &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company holds certain investments in the Funds and the ETF we advise for general corporate investment purposes and to provide seed capital for newly formed strategies or to add capital to existing strategies.  The Funds are organized in a series fund structure in which there are multiple mutual funds within one Trust.  The Trust is an open-end investment company registered under the Investment Company Act of 1940, as amended (the"1940 Act").  The ETF we advise is an individual series of ETF Series Solutions which is also an open-end investment company registered under the 1940 Act.  Each of the individual mutual funds and the ETF represent a separate share class of a legal entity organized under the Trust.  As of January 1, 2016, the Company adopted &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;font-style:italic;"&gt;ASU 2015-02 - Consolidation (Topic 810): Amendments to the Consolidation Analysis ("ASU 2015-02") &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;and we have performed our analysis at the individual mutual fund and ETF level and have concluded the mutual funds and ETF are voting rights entities ("VREs").  The Company has concluded that the mutual funds and the ETF are VREs because the structure of the investment product is such that the shareholders are deemed to have the power through voting rights to direct the activities that most significantly impact the entity's economic performance.  To the extent material, these investment products are consolidated if Company ownership, directly or indirectly, represents a majority interest (greater than 50%).  The Company records redeemable noncontrolling interests in consolidated investments for which the Company's ownership is less than 100%.  The Company has consolidated the ETF and one of our individual mutual funds (collectively the "Consolidated Funds") as our ownership was greater than 50% in each.  &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;DHCM is the managing member of Diamond Hill General Partner, LLC (the &amp;#8220;General Partner&amp;#8221;), the general partner of Diamond Hill Investment Partners, L.P. (&amp;#8220;DHIP&amp;#8221;), Diamond Hill Global Fund, L.P. ("DHGF"), and Diamond Hill International Equity Fund, L.P. ("DHIEF"), each a limited partnership (collectively, the "Partnerships" or &amp;#8220;LPs&amp;#8221;) whose underlying assets consist primarily of marketable securities.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;DHCM is wholly owned by the Company and is consolidated by us.  Further, DHCM, through its control of the General Partner, has the power to direct each LP&amp;#8217;s economic activities and the right to receive investment advisory fees that may be significant to the LPs.  &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company concluded we did not have a variable interest in DHIP as the fees paid to the General Partner are considered to contain customary terms and conditions as found in the market for similar products and the Company has no equity ownership in DHIP.  &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company concluded DHGF and DHIEF were variable interest entities ("VIEs") as DHCM has disproportionately less voting interests than economic interests in each LP, yet the limited partners have full power to remove the Company as the General Partner due to the existence of substantive kick-out rights.  In addition, substantially all of the LPs' activities are conducted on behalf of the General Partner which has disproportionately few voting rights.  The Company concluded we are not the primary beneficiary of DHGF or DHIEF  as we lack the power to control the entities due to the existence of single-party kick-out rights where the limited partners have the unilateral ability to remove the General Partner without cause. DHCM&amp;#8217;s investment in DHGF and DHIEF is reported as a component of the Company&amp;#8217;s investment portfolio, valued at DHCM&amp;#8217;s proportionate interest in the net asset value ("NAV") of each LP. &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The LPs are not subject to lock-up periods and can be redeemed on demand. Gains and losses attributable to changes in the value of DHCM&amp;#8217;s interests in the LPs are included in the Company&amp;#8217;s reported investment income. The Company&amp;#8217;s exposure to loss as a result of its involvement with the LPs is limited to the amount of its investments. DHCM is not obligated to provide, and has not provided, financial or other support to the LPs, other than its investments to date and its contractually provided investment advisory responsibilities. The Company has not provided liquidity arrangements, guarantees or other commitments to support the LPs&amp;#8217; operations, and the LPs&amp;#8217; creditors and interest holders have no recourse to the general credit of the Company.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Certain board members, officers and employees of the Company invest in the LPs and are not subject to a management fee or an incentive fee. These individuals receive no remuneration as a result of their personal investment in the LPs. The capital of the General Partner is not subject to a management fee or an incentive fee.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Redeemable Noncontrolling Interest&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Redeemable noncontrolling interest represents third-party interests in the Consolidated Funds.  This interest is redeemable at the option of the investors and therefore is not treated as permanent equity.  Redeemable noncontrolling interest is remeasured at redemption value which approximates the fair value each reporting period.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Segment Information&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Management has determined that the Company operates in &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;one&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; business segment, providing investment management and administration services to mutual funds, institutional accounts, and private investment funds. Therefore, no disclosures relating to operating segments are presented in the Company's annual or interim financial statements.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Cash and Cash Equivalents&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Cash and cash equivalents include demand deposits and money market mutual funds.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Accounts Receivable&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Accounts receivable are recorded when they are due and are presented on the balance sheet net of any allowance for doubtful accounts. Accounts receivable are written off when they are determined to be uncollectible. Any allowance for doubtful accounts is estimated based on the Company&amp;#8217;s historical losses, existing conditions in the industry, and the financial stability of those individuals or entities that owe the receivable.  &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;No&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; allowance for doubtful accounts was deemed necessary at &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; or &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;December&amp;#160;31, 2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;.  Accounts receivable from the Funds were &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$10.9 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$10.4 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;December&amp;#160;31, 2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Investments&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Management determines the appropriate classification of its investments at the time of purchase and re-evaluates its determination at each reporting period.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Investments classified as trading represent investments in the Funds we advise where the Company has neither control nor the ability to exercise significant influence as well as securities held in the Consolidated Funds.  These investments are measured at fair value based on quoted market prices.  Unrealized gains and losses are recorded as investment income (loss) in the Company's consolidated statements of income.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Investments classified as equity method investments represent investments in which the Company owns between 20-50% of the outstanding voting interests in the entity or when it is determined that the Company is able to exercise significant influence but not control over the investments.  When using the equity method, the Company recognizes its respective share of the investee's net income or loss for the period which is recorded as investment income in the Company's consolidated statements of income.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Valuation of Investment Portfolio&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Accounting Standards Codification Topic 820, Fair Value Measurement ("ASC 820") specifies a hierarchy of valuation classifications based on whether the inputs to the valuation techniques used in each valuation classification are observable or unobservable.  These classifications are summarized in the three broad levels listed below:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Level 1 - Unadjusted quoted prices for identical instruments in active markets.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Level 2 - Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-driven valuations in which all significant inputs are observable.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Level 3 - Valuations derived from techniques in which significant inputs are unobservable.  &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Inputs used to measure fair value might fall in different levels of the fair value hierarchy, in which case the Company defaults to the lowest level input that is significant to the fair value measurement in its entirety.  These levels are not necessarily an indication of the risk or liquidity associated with investments. The following table summarizes our investments that are recognized in our consolidated balance sheet using fair value measurements determined based upon the differing levels of inputs as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="13" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:52%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:10%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:10%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:10%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:10%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Level 1&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Level 2&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Level 3&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Total&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Cash equivalents &lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;58,101,003&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;58,101,003&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Trading Investments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Securities held in Consolidated Funds&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;sup style="vertical-align:top;line-height:120%;font-size:7pt"&gt;(a) &lt;/sup&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;19,273,313&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;42,179,502&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;61,452,815&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Company sponsored investments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;6,459,664&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;6,459,664&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Deferred compensation investments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;18,683,617&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;18,683,617&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:9pt;"&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;(a) Of the equity interests in the Consolidated Funds as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;, &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;$43.9 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt; were held directly by the Company and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;$17.6 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt; were held by noncontrolling shareholders.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Level 1 investments are all registered investment companies (mutual funds) or equity securities held in the Consolidated Funds and include, as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$58.1 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; of investments in money market mutual funds that the Company classifies as cash equivalents. &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Level 2 investments are comprised of investments in debt securities, which are valued by an independent pricing service using pricing techniques which take into account factors such as trading activity, readily available market quotations, yield, quality, coupon rate, maturity, type of issue, trading characteristics, call features, credit rates and other observable inputs. &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company determines transfers between fair value hierarchy levels at the end of the reporting period. There were &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;no&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; transfers in or out of the levels during the &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;three&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; months ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:12px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Changes in fair values of the investments are recorded in the Company's consolidated statements of income as investment income (loss).&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Property and Equipment&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Property and equipment, consisting of leasehold improvements, computer equipment, furniture, and fixtures, are carried at cost less accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated lives of the assets.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Revenue Recognition &amp;#8211; General&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company earns substantially all of its revenue from investment advisory and fund administration services. Investment advisory and administration fees, generally calculated as a percentage of assets under management ("AUM"), are recorded as revenue as services are performed. In addition to fixed fees based on a percentage of AUM, certain client accounts also provide periodic variable fees. Investment advisory revenue from the Funds was &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$24.9 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$20.3 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; for the &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;three months ended March 31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, respectively.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Revenue Recognition &amp;#8211; Variable Fees&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company manages certain client accounts that provide for variable fees. These fees are calculated based on client investment results over rolling &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;five&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;-year periods.  The Company records variable fees at the end of the contract measurement period.  No variable fees were earned during the &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;three&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; months ended &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; or &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;. The table below shows AUM subject to variable fees and the amount of variable fees that would be recognized based upon current investment results as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="7" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:58%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:19%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:19%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;As of March&amp;#160;31, 2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;AUM subject to variable fees&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Unearned variable fees&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Contractual Period Ends:&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Quarter Ended December 31, 2018&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;100,372,212&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;650,510&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Quarter Ended September 30, 2019&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;33,309,551&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;481,397&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Quarter Ended March 31, 2020&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;10,957,815&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Quarter Ended September 30, 2021&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;246,450,605&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;860,314&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Total&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;391,090,183&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;1,992,221&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The contractual end dates highlight the time remaining until the variable fees are scheduled to be earned.  The amount of variable fees that would be recognized based upon investment results as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; will increase or decrease based on future client investment results through the contractual period end.  There can be no assurance that the unearned amounts will ultimately be earned.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Revenue Recognition &amp;#8211; Mutual Fund Administration&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;DHCM has an administrative and transfer agency services agreement with the Funds under which DHCM performs certain services for each Fund. These services include mutual fund administration, fund accounting, transfer agency and other related functions. For performing these services each Fund pays DHCM a fee, which is calculated using an annual rate times the average daily net assets of each respective share class. &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Funds have selected and contractually engaged certain vendors to fulfill various services to benefit the Funds&amp;#8217; shareholders or to satisfy regulatory requirements of the Funds. These services include, among others, required shareholder mailings, federal and state registrations, and legal and audit services. DHCM, in fulfilling a portion of its role under the administration agreement with the Funds, acts as agent to pay these obligations of the Funds. Each vendor is independently responsible for fulfillment of the services it has been engaged to provide and negotiates fees and terms with the management and board of trustees of the Funds. The fee that each Fund pays to DHCM is reviewed annually by the Funds&amp;#8217; board of trustees and specifically takes into account the contractual expenses that DHCM pays on behalf of the Funds. As a result, DHCM is not involved in the delivery or pricing of these services and bears no risk related to these services. Revenue has been recorded net of these Fund related expenses, in accordance with FASB ASC 605-45, &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;font-style:italic;"&gt;Revenue Recognition &amp;#8211; Principal Agent Considerations&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;. In addition, DHCM advances the upfront commissions that are paid to brokers who sell Class C shares of the Funds.  These advances are capitalized and amortized over &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;12 months&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; to correspond with the repayments DHCM receives from the principal underwriter to recoup this commission advancement.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Prior to the sale of Beacon Hill, the Company, through Beacon Hill, had underwriting and administrative service agreements with certain clients, including registered mutual funds. The fee arrangements varied from client to client based upon services provided and have been recorded as revenue under mutual fund administration on the Company's consolidated statements of income. Part of Beacon Hill&amp;#8217;s role as underwriter was to act as an agent on behalf of its mutual fund clients to receive 12b-1/service fees and commission revenue and facilitate the payment of those fees and commissions to third parties who provide services to the funds and their shareholders. The majority of 12b-1/service fees were paid to independent third parties and the remainder were retained by the Company as reimbursement for expenses the Company had incurred. The amounts of 12b-1/service fees and commissions were determined by each mutual fund client, and Beacon Hill bore no financial risk related to these services. As a result, 12b-1/service fees and commission revenue was recorded net of the expense payments to third parties, in accordance with the appropriate accounting treatment for this agency relationship. &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Mutual fund administration gross and net revenue are summarized below:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="8" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:75%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:10%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:10%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;Three Months Ended&amp;#160;&lt;br clear="none"/&gt;&amp;#160;March 31,&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;2016&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Mutual fund administration:&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Administration revenue, gross&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;6,436,359&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;6,760,870&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;12b-1/service fees and commission revenue received from fund clients&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;2,625,391&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;12b-1/service fees and commission expense payments to third parties&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(2,328,490&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Fund related expense&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(3,148,951&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(3,268,063&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Revenue, net of related expenses&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,287,408&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,789,708&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;DHCM C-Share financing:&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Broker commission advance repayments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;113,470&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;193,310&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Broker commission amortization&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(100,220&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(212,313&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Financing activity, net&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;13,250&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;(19,003&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;)&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Mutual fund administration revenue, net&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,300,658&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;3,770,705&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Mutual fund administrative net revenue from the Funds was &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$3.3 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$2.7 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; for the &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;three months ended March 31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, respectively.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Income Taxes&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company accounts for current and deferred income taxes through an asset and liability approach. Deferred tax assets are recognized for deductible temporary differences and deferred tax liabilities are recognized for taxable temporary differences. Deferred tax assets are reduced by a valuation allowance when it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The Company is subject to examination by federal and applicable state and local jurisdictions for various tax periods. The Company&amp;#8217;s income tax positions are based on research and interpretations of the income tax laws and rulings in each of the jurisdictions in which it does business. Due to the subjectivity of interpretations of laws and rulings in each jurisdiction, the differences and interplay in tax laws among those jurisdictions, as well as the inherent uncertainty in estimating the final resolution of complex tax audit matters, the Company&amp;#8217;s estimates of income tax liabilities may differ from actual payments or assessments. The Company regularly assesses its position with regard to tax exposures and records liabilities for these uncertain tax positions and related interest and penalties, if any, according to the principles of FASB ASC 740, &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;font-style:italic;"&gt;Income Taxes&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;. As of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;, the Company had not recorded any liability for uncertain tax positions. The Company records interest and penalties, if any, within income tax expense on the income statement. &lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Earnings Per Share&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Basic earnings per share (&amp;#8220;EPS&amp;#8221;) excludes dilution and is computed by dividing net income by the weighted average number of Common Shares outstanding for the period, which includes participating securities.  Diluted EPS reflects the potential dilution of EPS due to unvested restricted stock units.  See &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Note 8&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Recently Issued Accounting Standards&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, "Revenue from Contracts with Customers", which supersedes existing accounting standards for revenue recognition and creates a single framework. ASU 2014-09 requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers.  This standard also specifies the accounting for certain costs to obtain or fulfill a contract with a customer.  This ASU will supersede much of the existing revenue recognition guidance in GAAP and is effective for fiscal years beginning after December 15, 2017, including interim periods within that reporting period, and requires either a retrospective or a modified retrospective approach to adoption.  Early application is permitted for the first interim period within annual reporting periods beginning after December 15, 2016.  The Company is currently assessing the impact of this standard on its consolidated financial statements and related disclosures, as well as the transition methods.&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:16px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;In February 2016, the FASB issued ASU 2016-02, "Leases", which, among other things, requires lessees to recognize most leases on-balance sheet.  This will increase their reported assets and liabilities - in some cases significantly.  Lessor accounting remains substantially similar to current GAAP.  ASU 2016-02 supersedes Topic 840,&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;font-style:italic;"&gt; Leases&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;.  ASU 2016-02 is effective for annual and interim periods in fiscal years beginning after December 15, 2018.  ASU 2016-02 mandates a modified retrospective transition method for all entities.  The Company is currently assessing the impact of this standard on its consolidated financial statements and related disclosures.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:SignificantAccountingPoliciesTextBlock>
	<us-gaap:SummaryInvestmentHoldingsTextBlock contextRef="FD2017Q1YTD" id="Fact-66D0F1C88181542EAE9759F53A7E00AE">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The following table summarizes the carrying value of these investments as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;December&amp;#160;31, 2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;:&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:10pt;"&gt;&lt;div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"&gt;&lt;table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"&gt;&lt;tr&gt;&lt;td colspan="7" rowspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="width:70%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:13%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:13%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;td style="width:1%;" rowspan="1" colspan="1"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;As of&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"&gt;&lt;div style="text-align:center;font-size:8pt;"&gt;&lt;font style="font-family:inherit;font-size:8pt;"&gt;December&amp;#160;31, 2016&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Trading investments:&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"&gt;&lt;div style="overflow:hidden;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Securities held in Consolidated Funds&lt;/font&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;sup style="vertical-align:top;line-height:120%;font-size:7pt"&gt;(a) &lt;/sup&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;61,452,815&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;57,355,471&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Company sponsored investments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;6,459,664&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;20,245&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Company sponsored equity method investments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;30,827,940&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;36,457,449&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Deferred compensation investments&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;18,683,617&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;14,182,470&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;Total Investment portfolio&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;117,424,036&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;$&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:right;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;108,015,635&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"&gt;&lt;div style="text-align:left;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;&lt;br clear="none"/&gt;&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;font-size:9pt;"&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;(a) Of the securities held in the Consolidated Funds as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;March&amp;#160;31, 2017&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;, &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;$43.9 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt; were held directly by the Company and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;$17.6 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt; were held by noncontrolling shareholders. Of the securities held in the Consolidated Funds as of &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;December&amp;#160;31, 2016&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;, &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;$42.6 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt; were held directly by the Company and &lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt;$14.7 million&lt;/font&gt;&lt;font style="font-family:inherit;font-size:9pt;"&gt; were held by noncontrolling shareholders.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:SummaryInvestmentHoldingsTextBlock>
	<us-gaap:UseOfEstimates contextRef="FD2017Q1YTD" id="Fact-92D1424FB9495619A5E727FE93FAB282">&lt;div style="font-family:Times New Roman;font-size:10pt;"&gt;&lt;div style="line-height:120%;padding-top:24px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;text-decoration:underline;"&gt;Use of Estimates&lt;/font&gt;&lt;/div&gt;&lt;div style="line-height:120%;padding-top:8px;font-size:10pt;"&gt;&lt;font style="font-family:inherit;font-size:10pt;"&gt;The preparation of the condensed consolidated financial statements in conformity with GAAP requires management of the Company to make estimates and assumptions related to the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period.  Actual results could differ from those estimates.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:UseOfEstimates>
	<link:footnoteLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
	</link:footnoteLink>
</xbrli:xbrl>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>6
<FILENAME>dhil-20170331.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<xsd:schema attributeFormDefault="unqualified" elementFormDefault="qualified" targetNamespace="http://www.diamond-hill.com/20170331" xmlns:dhil="http://www.diamond-hill.com/20170331" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsd="http://www.w3.org/2001/XMLSchema">
  <xsd:import namespace="http://fasb.org/us-gaap/2016-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd" />
  <xsd:import namespace="http://fasb.org/us-roles/2016-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2016/elts/us-roles-2016-01-31.xsd" />
  <xsd:import namespace="http://fasb.org/us-types/2016-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2016/elts/us-types-2016-01-31.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2009/arcrole/fact-explanatoryFact" schemaLocation="http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2009/role/negated" schemaLocation="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2009/role/net" schemaLocation="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd" />
  <xsd:import namespace="http://www.xbrl.org/dtr/type/non-numeric" schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd" />
  <xsd:import namespace="http://www.xbrl.org/dtr/type/numeric" schemaLocation="http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd" />
  <xsd:import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/country/2016-01-31" schemaLocation="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/currency/2016-01-31" schemaLocation="http://xbrl.sec.gov/currency/2016/currency-2016-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/dei/2014-01-31" schemaLocation="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/exch/2016-01-31" schemaLocation="http://xbrl.sec.gov/exch/2016/exch-2016-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/invest/2013-01-31" schemaLocation="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/naics/2011-01-31" schemaLocation="http://xbrl.sec.gov/naics/2011/naics-2011-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/sic/2011-01-31" schemaLocation="http://xbrl.sec.gov/sic/2011/sic-2011-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/stpr/2011-01-31" schemaLocation="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd" />
  <xsd:annotation>
    <xsd:appinfo>
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="dhil-20170331_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:type="simple" />
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="dhil-20170331_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:type="simple" />
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="dhil-20170331_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:type="simple" />
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="dhil-20170331_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:type="simple" />
      <link:roleType id="BusinessAndOrganization" roleURI="http://www.diamond-hill.com/role/BusinessAndOrganization">
        <link:definition>2101100 - Disclosure - Business and Organization</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CommitmentsAndContingencies" roleURI="http://www.diamond-hill.com/role/CommitmentsAndContingencies">
        <link:definition>2113100 - Disclosure - Commitments and Contingencies</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CompensationPlans" roleURI="http://www.diamond-hill.com/role/CompensationPlans">
        <link:definition>2107100 - Disclosure - Compensation Plans</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CompensationPlansExpenseRecognitionOfDeferredCompensationDetail" roleURI="http://www.diamond-hill.com/role/CompensationPlansExpenseRecognitionOfDeferredCompensationDetail">
        <link:definition>2407403 - Disclosure - Compensation Plans - Expense Recognition of Deferred Compensation (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CompensationPlansNarrativeDetail" roleURI="http://www.diamond-hill.com/role/CompensationPlansNarrativeDetail">
        <link:definition>2407405 - Disclosure - Compensation Plans - Narrative (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CompensationPlansRollForwardOfOutstandingRestrictedStockGrantsIssuedDetail" roleURI="http://www.diamond-hill.com/role/CompensationPlansRollForwardOfOutstandingRestrictedStockGrantsIssuedDetail">
        <link:definition>2407402 - Disclosure - Compensation Plans - Roll-Forward of Outstanding Restricted Stock Grants Issued (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CompensationPlansScheduleOfGrantsIssuedAndGrantDateFairValueDetails" roleURI="http://www.diamond-hill.com/role/CompensationPlansScheduleOfGrantsIssuedAndGrantDateFairValueDetails">
        <link:definition>2407404 - Disclosure - Compensation Plans - Schedule of Grants Issued and Grant Date Fair Value (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CompensationPlansTables" roleURI="http://www.diamond-hill.com/role/CompensationPlansTables">
        <link:definition>2307301 - Disclosure - Compensation Plans (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConsolidatedBalanceSheets" roleURI="http://www.diamond-hill.com/role/ConsolidatedBalanceSheets">
        <link:definition>1001000 - Statement - Consolidated Balance Sheets</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConsolidatedBalanceSheetsParenthetical" roleURI="http://www.diamond-hill.com/role/ConsolidatedBalanceSheetsParenthetical">
        <link:definition>1001001 - Statement - Consolidated Balance Sheets (Parenthetical)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConsolidatedStatementsOfCashFlowsUnaudited" roleURI="http://www.diamond-hill.com/role/ConsolidatedStatementsOfCashFlowsUnaudited">
        <link:definition>1005000 - Statement - Consolidated Statements of Cash Flows (unaudited)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConsolidatedStatementsOfIncomeUnaudited" roleURI="http://www.diamond-hill.com/role/ConsolidatedStatementsOfIncomeUnaudited">
        <link:definition>1003000 - Statement - Consolidated Statements of Income (unaudited)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ConsolidatedStatementsOfShareholdersEquityAndRedeemableNoncontrollingInterestUnaudited" roleURI="http://www.diamond-hill.com/role/ConsolidatedStatementsOfShareholdersEquityAndRedeemableNoncontrollingInterestUnaudited">
        <link:definition>1004000 - Statement - Consolidated Statements of Shareholders&#8217; Equity and Redeemable Noncontrolling Interest (unaudited)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DocumentAndEntityInformation" roleURI="http://www.diamond-hill.com/role/DocumentAndEntityInformation">
        <link:definition>0001000 - Document - Document and Entity Information</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EarningsPerShare" roleURI="http://www.diamond-hill.com/role/EarningsPerShare">
        <link:definition>2110100 - Disclosure - Earnings Per Share</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EarningsPerShareComputationForEarningsPerShareDetail" roleURI="http://www.diamond-hill.com/role/EarningsPerShareComputationForEarningsPerShareDetail">
        <link:definition>2410402 - Disclosure - Earnings Per Share - Computation for Earnings Per Share (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EarningsPerShareTables" roleURI="http://www.diamond-hill.com/role/EarningsPerShareTables">
        <link:definition>2310301 - Disclosure - Earnings Per Share (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="IncomeTaxes" roleURI="http://www.diamond-hill.com/role/IncomeTaxes">
        <link:definition>2109100 - Disclosure - Income Taxes</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="IncomeTaxesNarrativeDetail" roleURI="http://www.diamond-hill.com/role/IncomeTaxesNarrativeDetail">
        <link:definition>2409401 - Disclosure - Income Taxes - Narrative (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="InvestmentPortfolio" roleURI="http://www.diamond-hill.com/role/InvestmentPortfolio">
        <link:definition>2104100 - Disclosure - Investment Portfolio</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="InvestmentPortfolioEquityMethodInvestmentsDetails" roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioEquityMethodInvestmentsDetails">
        <link:definition>2404403 - Disclosure - Investment Portfolio - Equity Method Investments (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="InvestmentPortfolioNarrativeDetail" roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioNarrativeDetail">
        <link:definition>2404404 - Disclosure - Investment Portfolio - Narrative (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="InvestmentPortfolioScheduleOfEquityMethodInvestmentOwnershipDetails" roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioScheduleOfEquityMethodInvestmentOwnershipDetails">
        <link:definition>2404405 - Disclosure - Investment Portfolio Schedule of Equity Method Investment Ownership (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="InvestmentPortfolioSummaryOfMarketValueOfInvestmentsDetail" roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioSummaryOfMarketValueOfInvestmentsDetail">
        <link:definition>2404402 - Disclosure - Investment Portfolio - Summary of Market Value of Investments (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="InvestmentPortfolioTables" roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioTables">
        <link:definition>2304301 - Disclosure - Investment Portfolio (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LineOfCredit" roleURI="http://www.diamond-hill.com/role/LineOfCredit">
        <link:definition>2106100 - Disclosure - Line of Credit</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LineOfCreditDetails" roleURI="http://www.diamond-hill.com/role/LineOfCreditDetails">
        <link:definition>2406401 - Disclosure - Line of Credit (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OperatingLeases" roleURI="http://www.diamond-hill.com/role/OperatingLeases">
        <link:definition>2108100 - Disclosure - Operating Leases</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OperatingLeasesFutureMinimumLeasePaymentsUnderOperatingLeasesDetail" roleURI="http://www.diamond-hill.com/role/OperatingLeasesFutureMinimumLeasePaymentsUnderOperatingLeasesDetail">
        <link:definition>2408403 - Disclosure - Operating Leases - Future Minimum Lease Payments under Operating Leases (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OperatingLeasesNarrativeDetail" roleURI="http://www.diamond-hill.com/role/OperatingLeasesNarrativeDetail">
        <link:definition>2408404 - Disclosure - Operating Leases - Narrative (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OperatingLeasesSummaryOfTotalLeaseAndOperatingExpensesDetail" roleURI="http://www.diamond-hill.com/role/OperatingLeasesSummaryOfTotalLeaseAndOperatingExpensesDetail">
        <link:definition>2408402 - Disclosure - Operating Leases - Summary of Total Lease and Operating Expenses (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OperatingLeasesTables" roleURI="http://www.diamond-hill.com/role/OperatingLeasesTables">
        <link:definition>2308301 - Disclosure - Operating Leases (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RegulatoryRequirements" roleURI="http://www.diamond-hill.com/role/RegulatoryRequirements">
        <link:definition>2111100 - Disclosure - Regulatory Requirements</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RegulatoryRequirementsRegulatoryRequirementsUniformNetCapitalRuleDetail" roleURI="http://www.diamond-hill.com/role/RegulatoryRequirementsRegulatoryRequirementsUniformNetCapitalRuleDetail">
        <link:definition>2411402 - Disclosure - Regulatory Requirements - Regulatory Requirements Uniform Net Capital Rule (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RegulatoryRequirementsTables" roleURI="http://www.diamond-hill.com/role/RegulatoryRequirementsTables">
        <link:definition>2311301 - Disclosure - Regulatory Requirements (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SignificantAccountingPolicies" roleURI="http://www.diamond-hill.com/role/SignificantAccountingPolicies">
        <link:definition>2103100 - Disclosure - Significant Accounting Policies</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SignificantAccountingPoliciesAssetsUnderManagementAumSubjectToIncentiveFeesAndIncentiveFeesDetail" roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesAssetsUnderManagementAumSubjectToIncentiveFeesAndIncentiveFeesDetail">
        <link:definition>2403404 - Disclosure - Significant Accounting Policies - Assets under Management (AUM) Subject to Incentive Fees and Incentive Fees (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SignificantAccountingPoliciesMutualFundAdministrationGrossAndNetRevenueDetail" roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesMutualFundAdministrationGrossAndNetRevenueDetail">
        <link:definition>2403405 - Disclosure - Significant Accounting Policies - Mutual Fund Administration Gross and Net Revenue (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SignificantAccountingPoliciesNarrativeDetail" roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesNarrativeDetail">
        <link:definition>2403406 - Disclosure - Significant Accounting Policies - Narrative (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SignificantAccountingPoliciesPolicies" roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesPolicies">
        <link:definition>2203201 - Disclosure - Significant Accounting Policies (Policies)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SignificantAccountingPoliciesSummaryOfInvestmentsValuesBasedUponFairValueHierarchydetail" roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesSummaryOfInvestmentsValuesBasedUponFairValueHierarchydetail">
        <link:definition>2403403 - Disclosure - Significant Accounting Policies - Summary of Investments Values Based Upon Fair Value Hierarchy(Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SignificantAccountingPoliciesTables" roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesTables">
        <link:definition>2303302 - Disclosure - Significant Accounting Policies (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xsd:appinfo>
  </xsd:annotation>
  <xsd:element id="dhil_AdvanceCommissionsAmortizationPeriod" name="AdvanceCommissionsAmortizationPeriod" nillable="true" substitutionGroup="xbrli:item" type="xbrli:durationItemType" xbrli:periodType="duration" />
  <xsd:element id="dhil_AmortizationOfRestrictedStockGrants" name="AmortizationOfRestrictedStockGrants" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_AssetUnderManagementContractualPeriodEndDate2Member" name="AssetUnderManagementContractualPeriodEndDate2Member" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_AssetUnderManagementContractualPeriodEndDate3Member" name="AssetUnderManagementContractualPeriodEndDate3Member" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_AssetUnderManagementContractualPeriodEndDate4Member" name="AssetUnderManagementContractualPeriodEndDate4Member" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_AssetUnderManagementContractualPeriodEndDateMember" name="AssetUnderManagementContractualPeriodEndDateMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_AssetUnderManagementContractualPeriodEndTotalMember" name="AssetUnderManagementContractualPeriodEndTotalMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="dhil_AssetsUnderManagementVariablePerformanceFees" name="AssetsUnderManagementVariablePerformanceFees" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element id="dhil_AssetsUnderManagementVariablePerformanceFeesTableTextBlock" name="AssetsUnderManagementVariablePerformanceFeesTableTextBlock" nillable="true" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType" xbrli:periodType="duration" />
  <xsd:element id="dhil_BookValuePerShare" name="BookValuePerShare" nillable="true" substitutionGroup="xbrli:item" type="num:perShareItemType" xbrli:periodType="instant" />
  <xsd:element id="dhil_BrokerCommissionAdvanceRepayments" name="BrokerCommissionAdvanceRepayments" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="dhil_BrokerCommissionAmortization" name="BrokerCommissionAmortization" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems" name="BusinessOrganizationAndSignificantAccountingPoliciesLineItems" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable" name="BusinessOrganizationAndSignificantAccountingPoliciesTable" nillable="true" substitutionGroup="xbrldt:hypercubeItem" type="xbrli:stringItemType" xbrli:periodType="duration" />
  <xsd:element id="dhil_ContributionofInvestmentsandPropertyandEquipment" name="ContributionofInvestmentsandPropertyandEquipment" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod" name="DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod" nillable="true" substitutionGroup="xbrli:item" type="xbrli:durationItemType" xbrli:periodType="duration" />
  <xsd:element id="dhil_DeferredCompensationInvestmentsFairValueDisclosure" name="DeferredCompensationInvestmentsFairValueDisclosure" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element abstract="true" id="dhil_DocumentAndEntityInformationAbstract" name="DocumentAndEntityInformationAbstract" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration" />
  <xsd:element id="dhil_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount" name="EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="dhil_EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount" name="EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent" name="EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element id="dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive" name="EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element id="dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour" name="EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element id="dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne" name="EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element id="dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree" name="EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element id="dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo" name="EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element abstract="true" id="dhil_EquityAndCashIncentivePlanMember" name="EquityAndCashIncentivePlanMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses" name="EquityMethodInvestmentSummarizedFinancialInformationExpenses" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation" name="EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses" name="EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_EquityMethodInvestmentsAbstract" name="EquityMethodInvestmentsAbstract" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration" />
  <xsd:element id="dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount" name="FairValueTransfersBetweenLevel1Level2orLevel3Amount" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element id="dhil_FinancingActivityNet" name="FinancingActivityNet" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="dhil_FundRelatedExpense" name="FundRelatedExpense" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_GlobalFundLPMember" name="GlobalFundLPMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities" name="IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities" name="IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_InternationalEquityFundLPMember" name="InternationalEquityFundLPMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_InvestmentAdvisoryServicesMember" name="InvestmentAdvisoryServicesMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="dhil_LesseeLeasingAgreementsOperatingLeasesAreaunderLease" name="LesseeLeasingAgreementsOperatingLeasesAreaunderLease" nillable="true" substitutionGroup="xbrli:item" type="num:areaItemType" xbrli:periodType="duration" />
  <xsd:element id="dhil_LesseeLeasingAgreementsOperatingLeasesLocations" name="LesseeLeasingAgreementsOperatingLeasesLocations" nillable="true" substitutionGroup="xbrli:item" type="xbrli:integerItemType" xbrli:periodType="instant" />
  <xsd:element abstract="true" id="dhil_MidCapFundMember" name="MidCapFundMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_MutualFundAdministrationAbstract" name="MutualFundAdministrationAbstract" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration" />
  <xsd:element id="dhil_MutualFundAdministrationGrossAndNetRevenueTableTextBlock" name="MutualFundAdministrationGrossAndNetRevenueTableTextBlock" nillable="true" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_MutualfundadministrativeservicesMember" name="MutualfundadministrativeservicesMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="dhil_NetissuanceofETFsharesformarketablesecurities" name="NetissuanceofETFsharesformarketablesecurities" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="dhil_OperatingLeaseExpenseExcludingRent" name="OperatingLeaseExpenseExcludingRent" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults" name="PotentialVariableFeesBasedUponCurrentInvestmentResults" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_ResearchOpportunitiesFundMember" name="ResearchOpportunitiesFundMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet" name="RevenueFromAdministrativeServicesExcludingFinancialActivityNet" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="dhil_RevenueFromAdministrativeServicesNet" name="RevenueFromAdministrativeServicesNet" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="dhil_RollingClientInvestmentPerformancePeriod" name="RollingClientInvestmentPerformancePeriod" nillable="true" substitutionGroup="xbrli:item" type="xbrli:durationItemType" xbrli:periodType="duration" />
  <xsd:element id="dhil_ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock" name="ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock" nillable="true" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_SecuritiesheldinConsolidatedFundsMember" name="SecuritiesheldinConsolidatedFundsMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_SeedCapitalInvestmentsMember" name="SeedCapitalInvestmentsMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties" name="ServiceFeesAndCommissionExpensePaymentsToThirdParties" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_ShareFinancingAbstract" name="ShareFinancingAbstract" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_SharesOutstandingMember" name="SharesOutstandingMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest" name="SubscriptionFromRedemptionDistributionToNoncontrollingInterest" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="dhil_TheCreditAgreementMember" name="TheCreditAgreementMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
</xsd:schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>7
<FILENAME>dhil-20170331_cal.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <roleRef roleURI="http://www.diamond-hill.com/role/BusinessAndOrganization" xlink:href="dhil-20170331.xsd#BusinessAndOrganization" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/CommitmentsAndContingencies" xlink:href="dhil-20170331.xsd#CommitmentsAndContingencies" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/CompensationPlans" xlink:href="dhil-20170331.xsd#CompensationPlans" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/CompensationPlansExpenseRecognitionOfDeferredCompensationDetail" xlink:href="dhil-20170331.xsd#CompensationPlansExpenseRecognitionOfDeferredCompensationDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/CompensationPlansNarrativeDetail" xlink:href="dhil-20170331.xsd#CompensationPlansNarrativeDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/CompensationPlansRollForwardOfOutstandingRestrictedStockGrantsIssuedDetail" xlink:href="dhil-20170331.xsd#CompensationPlansRollForwardOfOutstandingRestrictedStockGrantsIssuedDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/CompensationPlansScheduleOfGrantsIssuedAndGrantDateFairValueDetails" xlink:href="dhil-20170331.xsd#CompensationPlansScheduleOfGrantsIssuedAndGrantDateFairValueDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/CompensationPlansTables" xlink:href="dhil-20170331.xsd#CompensationPlansTables" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/ConsolidatedBalanceSheets" xlink:href="dhil-20170331.xsd#ConsolidatedBalanceSheets" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/ConsolidatedBalanceSheetsParenthetical" xlink:href="dhil-20170331.xsd#ConsolidatedBalanceSheetsParenthetical" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/ConsolidatedStatementsOfCashFlowsUnaudited" xlink:href="dhil-20170331.xsd#ConsolidatedStatementsOfCashFlowsUnaudited" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/ConsolidatedStatementsOfIncomeUnaudited" xlink:href="dhil-20170331.xsd#ConsolidatedStatementsOfIncomeUnaudited" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/ConsolidatedStatementsOfShareholdersEquityAndRedeemableNoncontrollingInterestUnaudited" xlink:href="dhil-20170331.xsd#ConsolidatedStatementsOfShareholdersEquityAndRedeemableNoncontrollingInterestUnaudited" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/DocumentAndEntityInformation" xlink:href="dhil-20170331.xsd#DocumentAndEntityInformation" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/EarningsPerShare" xlink:href="dhil-20170331.xsd#EarningsPerShare" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/EarningsPerShareComputationForEarningsPerShareDetail" xlink:href="dhil-20170331.xsd#EarningsPerShareComputationForEarningsPerShareDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/EarningsPerShareTables" xlink:href="dhil-20170331.xsd#EarningsPerShareTables" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/IncomeTaxes" xlink:href="dhil-20170331.xsd#IncomeTaxes" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/IncomeTaxesNarrativeDetail" xlink:href="dhil-20170331.xsd#IncomeTaxesNarrativeDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/InvestmentPortfolio" xlink:href="dhil-20170331.xsd#InvestmentPortfolio" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioEquityMethodInvestmentsDetails" xlink:href="dhil-20170331.xsd#InvestmentPortfolioEquityMethodInvestmentsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioNarrativeDetail" xlink:href="dhil-20170331.xsd#InvestmentPortfolioNarrativeDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioScheduleOfEquityMethodInvestmentOwnershipDetails" xlink:href="dhil-20170331.xsd#InvestmentPortfolioScheduleOfEquityMethodInvestmentOwnershipDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioSummaryOfMarketValueOfInvestmentsDetail" xlink:href="dhil-20170331.xsd#InvestmentPortfolioSummaryOfMarketValueOfInvestmentsDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioTables" xlink:href="dhil-20170331.xsd#InvestmentPortfolioTables" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/LineOfCredit" xlink:href="dhil-20170331.xsd#LineOfCredit" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/LineOfCreditDetails" xlink:href="dhil-20170331.xsd#LineOfCreditDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/OperatingLeases" xlink:href="dhil-20170331.xsd#OperatingLeases" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/OperatingLeasesFutureMinimumLeasePaymentsUnderOperatingLeasesDetail" xlink:href="dhil-20170331.xsd#OperatingLeasesFutureMinimumLeasePaymentsUnderOperatingLeasesDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/OperatingLeasesNarrativeDetail" xlink:href="dhil-20170331.xsd#OperatingLeasesNarrativeDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/OperatingLeasesSummaryOfTotalLeaseAndOperatingExpensesDetail" xlink:href="dhil-20170331.xsd#OperatingLeasesSummaryOfTotalLeaseAndOperatingExpensesDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/OperatingLeasesTables" xlink:href="dhil-20170331.xsd#OperatingLeasesTables" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/RegulatoryRequirements" xlink:href="dhil-20170331.xsd#RegulatoryRequirements" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/RegulatoryRequirementsRegulatoryRequirementsUniformNetCapitalRuleDetail" xlink:href="dhil-20170331.xsd#RegulatoryRequirementsRegulatoryRequirementsUniformNetCapitalRuleDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/RegulatoryRequirementsTables" xlink:href="dhil-20170331.xsd#RegulatoryRequirementsTables" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPolicies" xlink:href="dhil-20170331.xsd#SignificantAccountingPolicies" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesAssetsUnderManagementAumSubjectToIncentiveFeesAndIncentiveFeesDetail" xlink:href="dhil-20170331.xsd#SignificantAccountingPoliciesAssetsUnderManagementAumSubjectToIncentiveFeesAndIncentiveFeesDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesMutualFundAdministrationGrossAndNetRevenueDetail" xlink:href="dhil-20170331.xsd#SignificantAccountingPoliciesMutualFundAdministrationGrossAndNetRevenueDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesNarrativeDetail" xlink:href="dhil-20170331.xsd#SignificantAccountingPoliciesNarrativeDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesPolicies" xlink:href="dhil-20170331.xsd#SignificantAccountingPoliciesPolicies" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesSummaryOfInvestmentsValuesBasedUponFairValueHierarchydetail" xlink:href="dhil-20170331.xsd#SignificantAccountingPoliciesSummaryOfInvestmentsValuesBasedUponFairValueHierarchydetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesTables" xlink:href="dhil-20170331.xsd#SignificantAccountingPoliciesTables" xlink:type="simple" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/BusinessAndOrganization" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/CommitmentsAndContingencies" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/CompensationPlans" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/CompensationPlansExpenseRecognitionOfDeferredCompensationDetail" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_19b3f1c6-d553-ed7e-a774-3ee4d733fade" xlink:type="locator" />
    <loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent_14b685c5-49c9-a925-722f-9d74bd4c28bc" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_19b3f1c6-d553-ed7e-a774-3ee4d733fade" xlink:to="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent_14b685c5-49c9-a925-722f-9d74bd4c28bc" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne_fac0c767-f1f1-c7ad-0123-9d74bd5bcfd1" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_19b3f1c6-d553-ed7e-a774-3ee4d733fade" xlink:to="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne_fac0c767-f1f1-c7ad-0123-9d74bd5bcfd1" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo_ad7c1baa-d52a-2adf-9789-9d74bd4cf518" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_19b3f1c6-d553-ed7e-a774-3ee4d733fade" xlink:to="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo_ad7c1baa-d52a-2adf-9789-9d74bd4cf518" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree_7e296463-2319-a668-36ce-9d74bd5b80b2" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_19b3f1c6-d553-ed7e-a774-3ee4d733fade" xlink:to="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree_7e296463-2319-a668-36ce-9d74bd5b80b2" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour_d68f16da-e205-59e2-a3d2-9d74bd6bfbf9" xlink:type="locator" />
    <calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_19b3f1c6-d553-ed7e-a774-3ee4d733fade" xlink:to="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour_d68f16da-e205-59e2-a3d2-9d74bd6bfbf9" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive_ea83bf69-ec90-8e35-c6d2-9d74bd4cfd0e" xlink:type="locator" />
    <calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_19b3f1c6-d553-ed7e-a774-3ee4d733fade" xlink:to="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive_ea83bf69-ec90-8e35-c6d2-9d74bd4cfd0e" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.diamond-hill.com/role/CompensationPlansNarrativeDetail" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/CompensationPlansRollForwardOfOutstandingRestrictedStockGrantsIssuedDetail" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/CompensationPlansScheduleOfGrantsIssuedAndGrantDateFairValueDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/CompensationPlansTables" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/ConsolidatedBalanceSheets" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_08bee809-e27e-48c3-da2d-5d52948eb470" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_ec544f28-9c7b-137c-e428-9ae47c2375fc" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_08bee809-e27e-48c3-da2d-5d52948eb470" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_ec544f28-9c7b-137c-e428-9ae47c2375fc" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="loc_us-gaap_Investments_7c13694a-5c7a-7119-e1a8-959c1e8b6e3c" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_08bee809-e27e-48c3-da2d-5d52948eb470" xlink:to="loc_us-gaap_Investments_7c13694a-5c7a-7119-e1a8-959c1e8b6e3c" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="loc_us-gaap_AccountsReceivableNet_19c041b8-a4d2-d9b0-7ac6-2e6c2de81ade" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_08bee809-e27e-48c3-da2d-5d52948eb470" xlink:to="loc_us-gaap_AccountsReceivableNet_19c041b8-a4d2-d9b0-7ac6-2e6c2de81ade" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PrepaidExpenseCurrentAndNoncurrent" xlink:label="loc_us-gaap_PrepaidExpenseCurrentAndNoncurrent_952a85fb-1530-60f0-bc8f-176c304f1460" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_08bee809-e27e-48c3-da2d-5d52948eb470" xlink:to="loc_us-gaap_PrepaidExpenseCurrentAndNoncurrent_952a85fb-1530-60f0-bc8f-176c304f1460" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxesReceivable" xlink:label="loc_us-gaap_IncomeTaxesReceivable_e84b8cf7-5c16-4daf-da6e-6c656f6f2757" xlink:type="locator" />
    <calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_08bee809-e27e-48c3-da2d-5d52948eb470" xlink:to="loc_us-gaap_IncomeTaxesReceivable_e84b8cf7-5c16-4daf-da6e-6c656f6f2757" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_68e7c3c1-9b8d-84fe-3a5c-d69c15dfe7a2" xlink:type="locator" />
    <calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_08bee809-e27e-48c3-da2d-5d52948eb470" xlink:to="loc_us-gaap_PropertyPlantAndEquipmentNet_68e7c3c1-9b8d-84fe-3a5c-d69c15dfe7a2" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="loc_us-gaap_DeferredTaxAssetsNet_dad43eb1-2d05-8e6b-1503-6a61e00404ca" xlink:type="locator" />
    <calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_08bee809-e27e-48c3-da2d-5d52948eb470" xlink:to="loc_us-gaap_DeferredTaxAssetsNet_dad43eb1-2d05-8e6b-1503-6a61e00404ca" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_04e17fb3-9b77-1c98-f460-7f5dd0c01008" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_6d3ec995-5062-ef92-dd72-b570c1eafdc8" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_04e17fb3-9b77-1c98-f460-7f5dd0c01008" xlink:to="loc_us-gaap_Liabilities_6d3ec995-5062-ef92-dd72-b570c1eafdc8" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_6abb8328-6056-4e30-86f3-0e87ddda7a25" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_6d3ec995-5062-ef92-dd72-b570c1eafdc8" xlink:to="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_6abb8328-6056-4e30-86f3-0e87ddda7a25" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedBonusesCurrent" xlink:label="loc_us-gaap_AccruedBonusesCurrent_381e9a09-9d82-0fc9-9fa4-97c52c76ccd3" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_6d3ec995-5062-ef92-dd72-b570c1eafdc8" xlink:to="loc_us-gaap_AccruedBonusesCurrent_381e9a09-9d82-0fc9-9fa4-97c52c76ccd3" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent" xlink:label="loc_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_2a985f08-c4c3-5a87-4cd6-ce2894ca8229" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_6d3ec995-5062-ef92-dd72-b570c1eafdc8" xlink:to="loc_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_2a985f08-c4c3-5a87-4cd6-ce2894ca8229" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TaxesPayableCurrent" xlink:label="loc_us-gaap_TaxesPayableCurrent_09c3afb8-38a1-4889-4c3b-0ee54f55be27" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_6d3ec995-5062-ef92-dd72-b570c1eafdc8" xlink:to="loc_us-gaap_TaxesPayableCurrent_09c3afb8-38a1-4889-4c3b-0ee54f55be27" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCommonFairValue" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCommonFairValue_054a3b2e-8617-62eb-eaf1-0e564872908b" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_04e17fb3-9b77-1c98-f460-7f5dd0c01008" xlink:to="loc_us-gaap_RedeemableNoncontrollingInterestEquityCommonFairValue_054a3b2e-8617-62eb-eaf1-0e564872908b" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_2644da13-7baa-0a2f-63e0-0906a691ba01" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_04e17fb3-9b77-1c98-f460-7f5dd0c01008" xlink:to="loc_us-gaap_StockholdersEquity_2644da13-7baa-0a2f-63e0-0906a691ba01" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaap_CommonStockValue_d53388e7-4c8c-4e6d-6e90-7a6e0a100b74" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_2644da13-7baa-0a2f-63e0-0906a691ba01" xlink:to="loc_us-gaap_CommonStockValue_d53388e7-4c8c-4e6d-6e90-7a6e0a100b74" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="loc_us-gaap_PreferredStockValue_3c8f3df4-466c-f78c-b021-17337fc4a147" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_2644da13-7baa-0a2f-63e0-0906a691ba01" xlink:to="loc_us-gaap_PreferredStockValue_3c8f3df4-466c-f78c-b021-17337fc4a147" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationEquity" xlink:label="loc_us-gaap_DeferredCompensationEquity_985343cf-a65a-7531-19e9-1cc4a8247481" xlink:type="locator" />
    <calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_2644da13-7baa-0a2f-63e0-0906a691ba01" xlink:to="loc_us-gaap_DeferredCompensationEquity_985343cf-a65a-7531-19e9-1cc4a8247481" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_f759e73e-9f4f-941e-1138-49bc44f6b118" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_2644da13-7baa-0a2f-63e0-0906a691ba01" xlink:to="loc_us-gaap_RetainedEarningsAccumulatedDeficit_f759e73e-9f4f-941e-1138-49bc44f6b118" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.diamond-hill.com/role/ConsolidatedBalanceSheetsParenthetical" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/ConsolidatedStatementsOfCashFlowsUnaudited" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_104af714-3829-5d79-3fb3-059f86c366da" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_975a3fab-7f49-5162-2cb5-31bb1479931f" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_104af714-3829-5d79-3fb3-059f86c366da" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_975a3fab-7f49-5162-2cb5-31bb1479931f" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_00a475d0-9ed4-5ca4-8e09-183f13a0aa46" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_975a3fab-7f49-5162-2cb5-31bb1479931f" xlink:to="loc_us-gaap_ProfitLoss_00a475d0-9ed4-5ca4-8e09-183f13a0aa46" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Depreciation" xlink:label="loc_us-gaap_Depreciation_b6c36e3f-ea84-a440-1267-34444a0f8e78" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_975a3fab-7f49-5162-2cb5-31bb1479931f" xlink:to="loc_us-gaap_Depreciation_b6c36e3f-ea84-a440-1267-34444a0f8e78" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_432488d8-28ca-5b8d-679b-29be120957b5" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_975a3fab-7f49-5162-2cb5-31bb1479931f" xlink:to="loc_us-gaap_ShareBasedCompensation_432488d8-28ca-5b8d-679b-29be120957b5" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_ffe19198-61f8-be6a-6111-42f645804604" xlink:type="locator" />
    <calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_975a3fab-7f49-5162-2cb5-31bb1479931f" xlink:to="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_ffe19198-61f8-be6a-6111-42f645804604" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:label="loc_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_7141899e-1a56-24a9-9015-497ee51d7b39" xlink:type="locator" />
    <calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_975a3fab-7f49-5162-2cb5-31bb1479931f" xlink:to="loc_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_7141899e-1a56-24a9-9015-497ee51d7b39" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredIncomeTaxes" xlink:label="loc_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_b5367bf2-397c-4180-7e1e-54dd40b7f0d0" xlink:type="locator" />
    <calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_975a3fab-7f49-5162-2cb5-31bb1479931f" xlink:to="loc_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_b5367bf2-397c-4180-7e1e-54dd40b7f0d0" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnInvestments" xlink:label="loc_us-gaap_GainLossOnInvestments_fa836162-fbaf-8b1a-bba2-04846e7439fa" xlink:type="locator" />
    <calculationArc order="7" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_975a3fab-7f49-5162-2cb5-31bb1479931f" xlink:to="loc_us-gaap_GainLossOnInvestments_fa836162-fbaf-8b1a-bba2-04846e7439fa" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInTradingSecurities" xlink:label="loc_us-gaap_IncreaseDecreaseInTradingSecurities_58b91730-aa86-bab6-b292-9ffc0404074c" xlink:type="locator" />
    <calculationArc order="8" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_975a3fab-7f49-5162-2cb5-31bb1479931f" xlink:to="loc_us-gaap_IncreaseDecreaseInTradingSecurities_58b91730-aa86-bab6-b292-9ffc0404074c" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_04170815-b2b6-fb8f-5ca6-e1c62554f777" xlink:type="locator" />
    <calculationArc order="9" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_975a3fab-7f49-5162-2cb5-31bb1479931f" xlink:to="loc_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_04170815-b2b6-fb8f-5ca6-e1c62554f777" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredCompensation" xlink:label="loc_us-gaap_IncreaseDecreaseInDeferredCompensation_36e55ee5-04cd-2301-ca0c-e92757ba5e08" xlink:type="locator" />
    <calculationArc order="10" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_975a3fab-7f49-5162-2cb5-31bb1479931f" xlink:to="loc_us-gaap_IncreaseDecreaseInDeferredCompensation_36e55ee5-04cd-2301-ca0c-e92757ba5e08" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities" xlink:label="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_0b54a9a6-abc8-9365-0a88-485763fb0af9" xlink:type="locator" />
    <calculationArc order="11" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_975a3fab-7f49-5162-2cb5-31bb1479931f" xlink:to="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_0b54a9a6-abc8-9365-0a88-485763fb0af9" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities" xlink:label="loc_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities_a63d6d7d-1a16-fc91-d9a4-9d74bd4c54c2" xlink:type="locator" />
    <calculationArc order="12" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_975a3fab-7f49-5162-2cb5-31bb1479931f" xlink:to="loc_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities_a63d6d7d-1a16-fc91-d9a4-9d74bd4c54c2" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_fdbab275-b995-9f6e-4d30-38c2b0ed44dd" xlink:type="locator" />
    <calculationArc order="13" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_975a3fab-7f49-5162-2cb5-31bb1479931f" xlink:to="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_fdbab275-b995-9f6e-4d30-38c2b0ed44dd" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_95f67350-d3ec-5d41-e3b2-a4fe7a19e15b" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_104af714-3829-5d79-3fb3-059f86c366da" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_95f67350-d3ec-5d41-e3b2-a4fe7a19e15b" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_991d89e2-25f7-1061-f5f8-86acc91f176b" xlink:type="locator" />
    <calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_95f67350-d3ec-5d41-e3b2-a4fe7a19e15b" xlink:to="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_991d89e2-25f7-1061-f5f8-86acc91f176b" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireInvestments" xlink:label="loc_us-gaap_PaymentsToAcquireInvestments_654ef290-e18b-2d7e-cb70-6523e6bff51a" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_95f67350-d3ec-5d41-e3b2-a4fe7a19e15b" xlink:to="loc_us-gaap_PaymentsToAcquireInvestments_654ef290-e18b-2d7e-cb70-6523e6bff51a" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments" xlink:label="loc_us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_3908d0cf-ecb5-7874-8acd-53b57593e416" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_95f67350-d3ec-5d41-e3b2-a4fe7a19e15b" xlink:to="loc_us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_3908d0cf-ecb5-7874-8acd-53b57593e416" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_08614f0c-c3a2-4c92-7c1d-aed5de18fe70" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_104af714-3829-5d79-3fb3-059f86c366da" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_08614f0c-c3a2-4c92-7c1d-aed5de18fe70" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation" xlink:label="loc_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_11ed54de-8651-64ce-6bd2-47983535a6d4" xlink:type="locator" />
    <calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_08614f0c-c3a2-4c92-7c1d-aed5de18fe70" xlink:to="loc_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_11ed54de-8651-64ce-6bd2-47983535a6d4" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:label="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_11b1e641-cd86-3d66-b07d-893757bffb5e" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_08614f0c-c3a2-4c92-7c1d-aed5de18fe70" xlink:to="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_11b1e641-cd86-3d66-b07d-893757bffb5e" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities" xlink:label="loc_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities_d0126fcc-ca83-1c00-a01d-9d74bd5b4dd0" xlink:type="locator" />
    <calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_08614f0c-c3a2-4c92-7c1d-aed5de18fe70" xlink:to="loc_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities_d0126fcc-ca83-1c00-a01d-9d74bd5b4dd0" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsToMinorityShareholders" xlink:label="loc_us-gaap_ProceedsFromPaymentsToMinorityShareholders_0b66ef2e-0455-09ce-cfec-1646f815ecc6" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_08614f0c-c3a2-4c92-7c1d-aed5de18fe70" xlink:to="loc_us-gaap_ProceedsFromPaymentsToMinorityShareholders_0b66ef2e-0455-09ce-cfec-1646f815ecc6" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.diamond-hill.com/role/ConsolidatedStatementsOfIncomeUnaudited" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_8baf87d5-5f2f-7d0d-cb85-b9f249bae0c5" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_00a475d0-9ed4-5ca4-8e09-183f13a0aa46" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_8baf87d5-5f2f-7d0d-cb85-b9f249bae0c5" xlink:to="loc_us-gaap_ProfitLoss_00a475d0-9ed4-5ca4-8e09-183f13a0aa46" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_5ba85eae-c4c2-72cc-f9e5-b0edc41783e5" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_00a475d0-9ed4-5ca4-8e09-183f13a0aa46" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_5ba85eae-c4c2-72cc-f9e5-b0edc41783e5" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaap_OperatingIncomeLoss_800dbb3e-0416-e0ab-a30e-cfaeb17b8c4c" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_5ba85eae-c4c2-72cc-f9e5-b0edc41783e5" xlink:to="loc_us-gaap_OperatingIncomeLoss_800dbb3e-0416-e0ab-a30e-cfaeb17b8c4c" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_4ce4747e-ba05-83d9-3458-6f9d1635c2ec" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingIncomeLoss_800dbb3e-0416-e0ab-a30e-cfaeb17b8c4c" xlink:to="loc_us-gaap_Revenues_4ce4747e-ba05-83d9-3458-6f9d1635c2ec" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentAdvisoryFees" xlink:label="loc_us-gaap_InvestmentAdvisoryFees_47c6baa1-bfe7-1b62-0cf0-95f84e52c2ae" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Revenues_4ce4747e-ba05-83d9-3458-6f9d1635c2ec" xlink:to="loc_us-gaap_InvestmentAdvisoryFees_47c6baa1-bfe7-1b62-0cf0-95f84e52c2ae" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_RevenueFromAdministrativeServicesNet" xlink:label="loc_dhil_RevenueFromAdministrativeServicesNet_0501e07e-862e-d584-ac9f-9d74bd6beac7" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Revenues_4ce4747e-ba05-83d9-3458-6f9d1635c2ec" xlink:to="loc_dhil_RevenueFromAdministrativeServicesNet_0501e07e-862e-d584-ac9f-9d74bd6beac7" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses_8018a1c5-8b31-881d-1f35-ba7ca791bffa" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingIncomeLoss_800dbb3e-0416-e0ab-a30e-cfaeb17b8c4c" xlink:to="loc_us-gaap_OperatingExpenses_8018a1c5-8b31-881d-1f35-ba7ca791bffa" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="loc_us-gaap_LaborAndRelatedExpense_6494510a-4df0-83f7-7461-428073641d92" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_8018a1c5-8b31-881d-1f35-ba7ca791bffa" xlink:to="loc_us-gaap_LaborAndRelatedExpense_6494510a-4df0-83f7-7461-428073641d92" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_2b63fac5-7a72-3880-3fd2-630099895af7" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_8018a1c5-8b31-881d-1f35-ba7ca791bffa" xlink:to="loc_us-gaap_GeneralAndAdministrativeExpense_2b63fac5-7a72-3880-3fd2-630099895af7" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SellingAndMarketingExpense" xlink:label="loc_us-gaap_SellingAndMarketingExpense_57327f25-a23f-06ed-3328-7fd353dc03f3" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_8018a1c5-8b31-881d-1f35-ba7ca791bffa" xlink:to="loc_us-gaap_SellingAndMarketingExpense_57327f25-a23f-06ed-3328-7fd353dc03f3" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetManagementCosts" xlink:label="loc_us-gaap_AssetManagementCosts_c7664c72-6305-4bab-1a94-d055c6ee9542" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_8018a1c5-8b31-881d-1f35-ba7ca791bffa" xlink:to="loc_us-gaap_AssetManagementCosts_c7664c72-6305-4bab-1a94-d055c6ee9542" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentIncomeNet" xlink:label="loc_us-gaap_InvestmentIncomeNet_952a435b-759e-ff1e-bd34-603d5879b311" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_5ba85eae-c4c2-72cc-f9e5-b0edc41783e5" xlink:to="loc_us-gaap_InvestmentIncomeNet_952a435b-759e-ff1e-bd34-603d5879b311" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_9b166675-b7b2-1067-1806-03b1ee0126f1" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_00a475d0-9ed4-5ca4-8e09-183f13a0aa46" xlink:to="loc_us-gaap_IncomeTaxExpenseBenefit_9b166675-b7b2-1067-1806-03b1ee0126f1" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_57932a93-02bc-f4e7-4538-5a7fc65a1b5b" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_8baf87d5-5f2f-7d0d-cb85-b9f249bae0c5" xlink:to="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_57932a93-02bc-f4e7-4538-5a7fc65a1b5b" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.diamond-hill.com/role/ConsolidatedStatementsOfShareholdersEquityAndRedeemableNoncontrollingInterestUnaudited" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/DocumentAndEntityInformation" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/EarningsPerShare" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/EarningsPerShareComputationForEarningsPerShareDetail" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_ae404dc0-76bc-cd1d-811f-e233c07e0569" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_e841a58a-f12e-0adc-36de-0299a43719a9" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_ae404dc0-76bc-cd1d-811f-e233c07e0569" xlink:to="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_e841a58a-f12e-0adc-36de-0299a43719a9" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_9dba38ce-5067-b4c4-09f7-0cf74e4693de" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_ae404dc0-76bc-cd1d-811f-e233c07e0569" xlink:to="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_9dba38ce-5067-b4c4-09f7-0cf74e4693de" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.diamond-hill.com/role/EarningsPerShareTables" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/IncomeTaxes" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/IncomeTaxesNarrativeDetail" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/InvestmentPortfolio" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/InvestmentPortfolioEquityMethodInvestmentsDetails" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_5ed14a50-3c9b-10a5-8da3-8188a96649b2" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_1007d04e-c91d-a53a-9d78-ad2c5242ad8c" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_5ed14a50-3c9b-10a5-8da3-8188a96649b2" xlink:to="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_1007d04e-c91d-a53a-9d78-ad2c5242ad8c" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses" xlink:label="loc_dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses_55226A0B62342AE6AC2438F4067A01D8" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_5ed14a50-3c9b-10a5-8da3-8188a96649b2" xlink:to="loc_dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses_55226A0B62342AE6AC2438F4067A01D8" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses" xlink:label="loc_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses_9AEF004407AEEF942FFD38F30B97AB0D" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_5ed14a50-3c9b-10a5-8da3-8188a96649b2" xlink:to="loc_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses_9AEF004407AEEF942FFD38F30B97AB0D" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation" xlink:label="loc_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation_CEB953221481424770C138F50228A0D9" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_5ed14a50-3c9b-10a5-8da3-8188a96649b2" xlink:to="loc_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation_CEB953221481424770C138F50228A0D9" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.diamond-hill.com/role/InvestmentPortfolioNarrativeDetail" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/InvestmentPortfolioScheduleOfEquityMethodInvestmentOwnershipDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/InvestmentPortfolioSummaryOfMarketValueOfInvestmentsDetail" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/InvestmentPortfolioTables" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/LineOfCredit" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/LineOfCreditDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/OperatingLeases" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/OperatingLeasesFutureMinimumLeasePaymentsUnderOperatingLeasesDetail" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_ab95e8f2-93e0-6140-6e56-a79823c16c0d" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_1261866d-0058-b147-bcc2-b0839e573baf" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_ab95e8f2-93e0-6140-6e56-a79823c16c0d" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_1261866d-0058-b147-bcc2-b0839e573baf" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_5519a64c-2a56-b1d5-2ab3-ee16d7d2a7a5" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_ab95e8f2-93e0-6140-6e56-a79823c16c0d" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_5519a64c-2a56-b1d5-2ab3-ee16d7d2a7a5" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_2154b0cd-b6a4-a252-5801-385edf9d9702" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_ab95e8f2-93e0-6140-6e56-a79823c16c0d" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_2154b0cd-b6a4-a252-5801-385edf9d9702" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_c2ad5d03-49c6-819a-1ac6-e6584eea34ff" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_ab95e8f2-93e0-6140-6e56-a79823c16c0d" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_c2ad5d03-49c6-819a-1ac6-e6584eea34ff" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_d7e45dda-b3de-1974-4726-54d18939cd1c" xlink:type="locator" />
    <calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_ab95e8f2-93e0-6140-6e56-a79823c16c0d" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_d7e45dda-b3de-1974-4726-54d18939cd1c" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_b89e7a90-e5d1-031a-5e13-781005c7ec6e" xlink:type="locator" />
    <calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_ab95e8f2-93e0-6140-6e56-a79823c16c0d" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_b89e7a90-e5d1-031a-5e13-781005c7ec6e" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.diamond-hill.com/role/OperatingLeasesNarrativeDetail" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/OperatingLeasesSummaryOfTotalLeaseAndOperatingExpensesDetail" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/OperatingLeasesTables" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/RegulatoryRequirements" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/RegulatoryRequirementsRegulatoryRequirementsUniformNetCapitalRuleDetail" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/RegulatoryRequirementsTables" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPolicies" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPoliciesAssetsUnderManagementAumSubjectToIncentiveFeesAndIncentiveFeesDetail" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPoliciesMutualFundAdministrationGrossAndNetRevenueDetail" xlink:type="extended">
    <loc xlink:href="dhil-20170331.xsd#dhil_RevenueFromAdministrativeServicesNet" xlink:label="loc_dhil_RevenueFromAdministrativeServicesNet_0501e07e-862e-d584-ac9f-9d74bd6beac7" xlink:type="locator" />
    <loc xlink:href="dhil-20170331.xsd#dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet" xlink:label="loc_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet_7f7960d9-d8fb-9d1e-d34f-9d74bd5b38f0" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_dhil_RevenueFromAdministrativeServicesNet_0501e07e-862e-d584-ac9f-9d74bd6beac7" xlink:to="loc_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet_7f7960d9-d8fb-9d1e-d34f-9d74bd5b38f0" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdministrativeServicesRevenue" xlink:label="loc_us-gaap_AdministrativeServicesRevenue_1b7defb3-d142-e927-aea9-7d6f53e296c8" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet_7f7960d9-d8fb-9d1e-d34f-9d74bd5b38f0" xlink:to="loc_us-gaap_AdministrativeServicesRevenue_1b7defb3-d142-e927-aea9-7d6f53e296c8" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FeesAndCommissions" xlink:label="loc_us-gaap_FeesAndCommissions_a4dd10af-35b1-36cb-8594-7ee01a4f6be1" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet_7f7960d9-d8fb-9d1e-d34f-9d74bd5b38f0" xlink:to="loc_us-gaap_FeesAndCommissions_a4dd10af-35b1-36cb-8594-7ee01a4f6be1" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties" xlink:label="loc_dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties_14c8a902-eac9-3c4d-0272-9d74bd5b8ae6" xlink:type="locator" />
    <calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet_7f7960d9-d8fb-9d1e-d34f-9d74bd5b38f0" xlink:to="loc_dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties_14c8a902-eac9-3c4d-0272-9d74bd5b8ae6" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_FundRelatedExpense" xlink:label="loc_dhil_FundRelatedExpense_63acec4c-24c8-6bed-83ee-9d74bd5bc70f" xlink:type="locator" />
    <calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet_7f7960d9-d8fb-9d1e-d34f-9d74bd5b38f0" xlink:to="loc_dhil_FundRelatedExpense_63acec4c-24c8-6bed-83ee-9d74bd5bc70f" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_FinancingActivityNet" xlink:label="loc_dhil_FinancingActivityNet_70e35c4f-49b6-3234-0383-9d74bd6b639f" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_dhil_RevenueFromAdministrativeServicesNet_0501e07e-862e-d584-ac9f-9d74bd6beac7" xlink:to="loc_dhil_FinancingActivityNet_70e35c4f-49b6-3234-0383-9d74bd6b639f" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_BrokerCommissionAdvanceRepayments" xlink:label="loc_dhil_BrokerCommissionAdvanceRepayments_8da4f61d-75e0-78da-f850-9d74bd4ca284" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_dhil_FinancingActivityNet_70e35c4f-49b6-3234-0383-9d74bd6b639f" xlink:to="loc_dhil_BrokerCommissionAdvanceRepayments_8da4f61d-75e0-78da-f850-9d74bd4ca284" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_BrokerCommissionAmortization" xlink:label="loc_dhil_BrokerCommissionAmortization_aa9c45da-9ec3-76c3-ef4d-9d74bd5b35e6" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_dhil_FinancingActivityNet_70e35c4f-49b6-3234-0383-9d74bd6b639f" xlink:to="loc_dhil_BrokerCommissionAmortization_aa9c45da-9ec3-76c3-ef4d-9d74bd5b35e6" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPoliciesNarrativeDetail" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPoliciesPolicies" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPoliciesSummaryOfInvestmentsValuesBasedUponFairValueHierarchydetail" xlink:type="extended" />
  <calculationLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPoliciesTables" xlink:type="extended" />
</linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.DEF
<SEQUENCE>8
<FILENAME>dhil-20170331_def.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <roleRef roleURI="http://www.diamond-hill.com/role/BusinessAndOrganization" xlink:href="dhil-20170331.xsd#BusinessAndOrganization" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/CommitmentsAndContingencies" xlink:href="dhil-20170331.xsd#CommitmentsAndContingencies" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/CompensationPlans" xlink:href="dhil-20170331.xsd#CompensationPlans" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/CompensationPlansExpenseRecognitionOfDeferredCompensationDetail" xlink:href="dhil-20170331.xsd#CompensationPlansExpenseRecognitionOfDeferredCompensationDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/CompensationPlansNarrativeDetail" xlink:href="dhil-20170331.xsd#CompensationPlansNarrativeDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/CompensationPlansRollForwardOfOutstandingRestrictedStockGrantsIssuedDetail" xlink:href="dhil-20170331.xsd#CompensationPlansRollForwardOfOutstandingRestrictedStockGrantsIssuedDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/CompensationPlansScheduleOfGrantsIssuedAndGrantDateFairValueDetails" xlink:href="dhil-20170331.xsd#CompensationPlansScheduleOfGrantsIssuedAndGrantDateFairValueDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/CompensationPlansTables" xlink:href="dhil-20170331.xsd#CompensationPlansTables" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/ConsolidatedBalanceSheets" xlink:href="dhil-20170331.xsd#ConsolidatedBalanceSheets" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/ConsolidatedBalanceSheetsParenthetical" xlink:href="dhil-20170331.xsd#ConsolidatedBalanceSheetsParenthetical" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/ConsolidatedStatementsOfCashFlowsUnaudited" xlink:href="dhil-20170331.xsd#ConsolidatedStatementsOfCashFlowsUnaudited" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/ConsolidatedStatementsOfIncomeUnaudited" xlink:href="dhil-20170331.xsd#ConsolidatedStatementsOfIncomeUnaudited" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/ConsolidatedStatementsOfShareholdersEquityAndRedeemableNoncontrollingInterestUnaudited" xlink:href="dhil-20170331.xsd#ConsolidatedStatementsOfShareholdersEquityAndRedeemableNoncontrollingInterestUnaudited" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/DocumentAndEntityInformation" xlink:href="dhil-20170331.xsd#DocumentAndEntityInformation" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/EarningsPerShare" xlink:href="dhil-20170331.xsd#EarningsPerShare" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/EarningsPerShareComputationForEarningsPerShareDetail" xlink:href="dhil-20170331.xsd#EarningsPerShareComputationForEarningsPerShareDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/EarningsPerShareTables" xlink:href="dhil-20170331.xsd#EarningsPerShareTables" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/IncomeTaxes" xlink:href="dhil-20170331.xsd#IncomeTaxes" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/IncomeTaxesNarrativeDetail" xlink:href="dhil-20170331.xsd#IncomeTaxesNarrativeDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/InvestmentPortfolio" xlink:href="dhil-20170331.xsd#InvestmentPortfolio" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioEquityMethodInvestmentsDetails" xlink:href="dhil-20170331.xsd#InvestmentPortfolioEquityMethodInvestmentsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioNarrativeDetail" xlink:href="dhil-20170331.xsd#InvestmentPortfolioNarrativeDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioScheduleOfEquityMethodInvestmentOwnershipDetails" xlink:href="dhil-20170331.xsd#InvestmentPortfolioScheduleOfEquityMethodInvestmentOwnershipDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioSummaryOfMarketValueOfInvestmentsDetail" xlink:href="dhil-20170331.xsd#InvestmentPortfolioSummaryOfMarketValueOfInvestmentsDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioTables" xlink:href="dhil-20170331.xsd#InvestmentPortfolioTables" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/LineOfCredit" xlink:href="dhil-20170331.xsd#LineOfCredit" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/LineOfCreditDetails" xlink:href="dhil-20170331.xsd#LineOfCreditDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/OperatingLeases" xlink:href="dhil-20170331.xsd#OperatingLeases" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/OperatingLeasesFutureMinimumLeasePaymentsUnderOperatingLeasesDetail" xlink:href="dhil-20170331.xsd#OperatingLeasesFutureMinimumLeasePaymentsUnderOperatingLeasesDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/OperatingLeasesNarrativeDetail" xlink:href="dhil-20170331.xsd#OperatingLeasesNarrativeDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/OperatingLeasesSummaryOfTotalLeaseAndOperatingExpensesDetail" xlink:href="dhil-20170331.xsd#OperatingLeasesSummaryOfTotalLeaseAndOperatingExpensesDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/OperatingLeasesTables" xlink:href="dhil-20170331.xsd#OperatingLeasesTables" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/RegulatoryRequirements" xlink:href="dhil-20170331.xsd#RegulatoryRequirements" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/RegulatoryRequirementsRegulatoryRequirementsUniformNetCapitalRuleDetail" xlink:href="dhil-20170331.xsd#RegulatoryRequirementsRegulatoryRequirementsUniformNetCapitalRuleDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/RegulatoryRequirementsTables" xlink:href="dhil-20170331.xsd#RegulatoryRequirementsTables" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPolicies" xlink:href="dhil-20170331.xsd#SignificantAccountingPolicies" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesAssetsUnderManagementAumSubjectToIncentiveFeesAndIncentiveFeesDetail" xlink:href="dhil-20170331.xsd#SignificantAccountingPoliciesAssetsUnderManagementAumSubjectToIncentiveFeesAndIncentiveFeesDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesMutualFundAdministrationGrossAndNetRevenueDetail" xlink:href="dhil-20170331.xsd#SignificantAccountingPoliciesMutualFundAdministrationGrossAndNetRevenueDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesNarrativeDetail" xlink:href="dhil-20170331.xsd#SignificantAccountingPoliciesNarrativeDetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesPolicies" xlink:href="dhil-20170331.xsd#SignificantAccountingPoliciesPolicies" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesSummaryOfInvestmentsValuesBasedUponFairValueHierarchydetail" xlink:href="dhil-20170331.xsd#SignificantAccountingPoliciesSummaryOfInvestmentsValuesBasedUponFairValueHierarchydetail" xlink:type="simple" />
  <roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesTables" xlink:href="dhil-20170331.xsd#SignificantAccountingPoliciesTables" xlink:type="simple" />
  <arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/all" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#all" xlink:type="simple" />
  <arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-default" xlink:type="simple" />
  <arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-domain" xlink:type="simple" />
  <arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/domain-member" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#domain-member" xlink:type="simple" />
  <arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#hypercube-dimension" xlink:type="simple" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/BusinessAndOrganization" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/CommitmentsAndContingencies" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/CompensationPlans" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/CompensationPlansExpenseRecognitionOfDeferredCompensationDetail" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D5620BDC61EE6923008886ED44B8D2E3" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_EF475F6BFE0686B1EB0686ED44B80E0C" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D5620BDC61EE6923008886ED44B8D2E3" xlink:to="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_EF475F6BFE0686B1EB0686ED44B80E0C" xlink:type="arc" xbrldt:closed="true" xbrldt:contextElement="segment" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaap_AwardTypeAxis_93354AB4CC722079127686ED44B8AF6D" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_EF475F6BFE0686B1EB0686ED44B80E0C" xlink:to="loc_us-gaap_AwardTypeAxis_93354AB4CC722079127686ED44B8AF6D" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_E8DF3F984B97A799D3B286ED44B89DA5_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_AwardTypeAxis_93354AB4CC722079127686ED44B8AF6D" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_E8DF3F984B97A799D3B286ED44B89DA5_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_E8DF3F984B97A799D3B286ED44B89DA5" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_AwardTypeAxis_93354AB4CC722079127686ED44B8AF6D" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_E8DF3F984B97A799D3B286ED44B89DA5" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestrictedStockUnitsRSUMember" xlink:label="loc_us-gaap_RestrictedStockUnitsRSUMember_F12C1F628877DF704D6086ED44B81009" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_E8DF3F984B97A799D3B286ED44B89DA5" xlink:to="loc_us-gaap_RestrictedStockUnitsRSUMember_F12C1F628877DF704D6086ED44B81009" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent_29C23034CE8255D06D0486ED44B8F182" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D5620BDC61EE6923008886ED44B8D2E3" xlink:to="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent_29C23034CE8255D06D0486ED44B8F182" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne_4E2BE4EA925C132EFD7886ED44B88836" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D5620BDC61EE6923008886ED44B8D2E3" xlink:to="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne_4E2BE4EA925C132EFD7886ED44B88836" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo_8F77F4504F48A26B97B186ED44B8B147" xlink:type="locator" />
    <definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D5620BDC61EE6923008886ED44B8D2E3" xlink:to="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo_8F77F4504F48A26B97B186ED44B8B147" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree_D86165DAEFC9658449CC86ED44B862E4" xlink:type="locator" />
    <definitionArc order="4" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D5620BDC61EE6923008886ED44B8D2E3" xlink:to="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree_D86165DAEFC9658449CC86ED44B862E4" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour_036B26F580138BCBC49286ED44B8D1BB" xlink:type="locator" />
    <definitionArc order="5" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D5620BDC61EE6923008886ED44B8D2E3" xlink:to="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour_036B26F580138BCBC49286ED44B8D1BB" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive_78B1B56CE5698C4AA98786ED44B8BC88" xlink:type="locator" />
    <definitionArc order="6" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D5620BDC61EE6923008886ED44B8D2E3" xlink:to="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive_78B1B56CE5698C4AA98786ED44B8BC88" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_AEA61AB25CB30C1BA69286ED44B8B81C" xlink:type="locator" />
    <definitionArc order="7" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D5620BDC61EE6923008886ED44B8D2E3" xlink:to="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_AEA61AB25CB30C1BA69286ED44B8B81C" xlink:type="arc" />
  </definitionLink>
  <definitionLink xlink:role="http://www.diamond-hill.com/role/CompensationPlansNarrativeDetail" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_49CAADFD1D8C550634D186ED447A226D" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C" xlink:to="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_49CAADFD1D8C550634D186ED447A226D" xlink:type="arc" xbrldt:closed="true" xbrldt:contextElement="segment" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="loc_us-gaap_RangeAxis_BDF154DD78C16AE01B4786ED447A9F0F" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_49CAADFD1D8C550634D186ED447A226D" xlink:to="loc_us-gaap_RangeAxis_BDF154DD78C16AE01B4786ED447A9F0F" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="loc_us-gaap_RangeMember_C0F5C2408074F2872CE686ED447ACBE3_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_RangeAxis_BDF154DD78C16AE01B4786ED447A9F0F" xlink:to="loc_us-gaap_RangeMember_C0F5C2408074F2872CE686ED447ACBE3_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="loc_us-gaap_RangeMember_C0F5C2408074F2872CE686ED447ACBE3" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_RangeAxis_BDF154DD78C16AE01B4786ED447A9F0F" xlink:to="loc_us-gaap_RangeMember_C0F5C2408074F2872CE686ED447ACBE3" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="loc_us-gaap_MinimumMember_A5F1C51F3632F30A97BC86ED447AD05F" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_RangeMember_C0F5C2408074F2872CE686ED447ACBE3" xlink:to="loc_us-gaap_MinimumMember_A5F1C51F3632F30A97BC86ED447AD05F" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaap_AwardTypeAxis_7424C5BFEEC3BFF4A19B86ED447A6542" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_49CAADFD1D8C550634D186ED447A226D" xlink:to="loc_us-gaap_AwardTypeAxis_7424C5BFEEC3BFF4A19B86ED447A6542" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_3113EAE8AD9432487AD686ED447AE7CA_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_AwardTypeAxis_7424C5BFEEC3BFF4A19B86ED447A6542" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_3113EAE8AD9432487AD686ED447AE7CA_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_3113EAE8AD9432487AD686ED447AE7CA" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_AwardTypeAxis_7424C5BFEEC3BFF4A19B86ED447A6542" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_3113EAE8AD9432487AD686ED447AE7CA" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_EquityAndCashIncentivePlanMember" xlink:label="loc_dhil_EquityAndCashIncentivePlanMember_89B3DF77291BC8AEED0C86ED447A1542" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_3113EAE8AD9432487AD686ED447AE7CA" xlink:to="loc_dhil_EquityAndCashIncentivePlanMember_89B3DF77291BC8AEED0C86ED447A1542" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestrictedStockUnitsRSUMember" xlink:label="loc_us-gaap_RestrictedStockUnitsRSUMember_C27B19008371E556EED586ED447A7F91" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_3113EAE8AD9432487AD686ED447AE7CA" xlink:to="loc_us-gaap_RestrictedStockUnitsRSUMember_C27B19008371E556EED586ED447A7F91" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_B1FF94006BA3A186916D86ED447AADAB" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_B1FF94006BA3A186916D86ED447AADAB" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationEquity" xlink:label="loc_us-gaap_DeferredCompensationEquity_DE2B6C3A950D84D6728E86ED447ADDB5" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C" xlink:to="loc_us-gaap_DeferredCompensationEquity_DE2B6C3A950D84D6728E86ED447ADDB5" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod" xlink:label="loc_dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod_02B03270320586B05A5986ED447A443D" xlink:type="locator" />
    <definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C" xlink:to="loc_dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod_02B03270320586B05A5986ED447A443D" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent" xlink:label="loc_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_A9279DB68A1FF6A89EBB86ED447AE801" xlink:type="locator" />
    <definitionArc order="4" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C" xlink:to="loc_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_A9279DB68A1FF6A89EBB86ED447AE801" xlink:type="arc" />
  </definitionLink>
  <definitionLink xlink:role="http://www.diamond-hill.com/role/CompensationPlansRollForwardOfOutstandingRestrictedStockGrantsIssuedDetail" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D890AA88984B5E44A569B9693A022E19" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_8C9C4D8A42CC529580BA732B8B95985A" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D890AA88984B5E44A569B9693A022E19" xlink:to="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_8C9C4D8A42CC529580BA732B8B95985A" xlink:type="arc" xbrldt:closed="true" xbrldt:contextElement="segment" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaap_AwardTypeAxis_92028150EE3856BABAFC3260D23C1C3A" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_8C9C4D8A42CC529580BA732B8B95985A" xlink:to="loc_us-gaap_AwardTypeAxis_92028150EE3856BABAFC3260D23C1C3A" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_C5D7DF053F71D3E80C369D74E45626BC_1BF55FD3555555989E69EE85B541A56A" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_AwardTypeAxis_92028150EE3856BABAFC3260D23C1C3A" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_C5D7DF053F71D3E80C369D74E45626BC_1BF55FD3555555989E69EE85B541A56A" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_41ED5B444A0C5B0AA84F1F0C0993F40D" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_AwardTypeAxis_92028150EE3856BABAFC3260D23C1C3A" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_41ED5B444A0C5B0AA84F1F0C0993F40D" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestrictedStockUnitsRSUMember" xlink:label="loc_us-gaap_RestrictedStockUnitsRSUMember_873E8E61277357C8B40815993E521466" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_41ED5B444A0C5B0AA84F1F0C0993F40D" xlink:to="loc_us-gaap_RestrictedStockUnitsRSUMember_873E8E61277357C8B40815993E521466" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_BAA4FDEDB0145BD6838D1D1E266CF72A" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D890AA88984B5E44A569B9693A022E19" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_BAA4FDEDB0145BD6838D1D1E266CF72A" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_E9DC6BAE578E52AB9C99C8E106E0AB15" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_BAA4FDEDB0145BD6838D1D1E266CF72A" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_E9DC6BAE578E52AB9C99C8E106E0AB15" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_D70F759DEE995A17B51C3EB238254DC8" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_BAA4FDEDB0145BD6838D1D1E266CF72A" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_D70F759DEE995A17B51C3EB238254DC8" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_532157DAEDA356B0B32CA1F8568EAFF0" xlink:type="locator" />
    <definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_BAA4FDEDB0145BD6838D1D1E266CF72A" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_532157DAEDA356B0B32CA1F8568EAFF0" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_36FB7ABAD4D25C37B9FCF75867DB86DA" xlink:type="locator" />
    <definitionArc order="4" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_BAA4FDEDB0145BD6838D1D1E266CF72A" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_36FB7ABAD4D25C37B9FCF75867DB86DA" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_57ACB018405B532581E92F8EFB12D9DE" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D890AA88984B5E44A569B9693A022E19" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_57ACB018405B532581E92F8EFB12D9DE" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_D2EE63CE977A5847BF216C73A7651F8C" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_57ACB018405B532581E92F8EFB12D9DE" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_D2EE63CE977A5847BF216C73A7651F8C" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_B1DDFEACC73E50F39BA21C02698694C2" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_57ACB018405B532581E92F8EFB12D9DE" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_B1DDFEACC73E50F39BA21C02698694C2" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_5B5DAE3894A25BAF8DCE1B1402F1A91B" xlink:type="locator" />
    <definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_57ACB018405B532581E92F8EFB12D9DE" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_5B5DAE3894A25BAF8DCE1B1402F1A91B" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_915DAC2F9194559EA68437604ACA40A3" xlink:type="locator" />
    <definitionArc order="4" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_57ACB018405B532581E92F8EFB12D9DE" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_915DAC2F9194559EA68437604ACA40A3" xlink:type="arc" />
  </definitionLink>
  <definitionLink xlink:role="http://www.diamond-hill.com/role/CompensationPlansScheduleOfGrantsIssuedAndGrantDateFairValueDetails" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaap_StatementLineItems_84DF24ECF33D58799AAEA40ECFF06FE0" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaap_StatementTable_876B205FD16451A285250996C6A8A43B" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_us-gaap_StatementLineItems_84DF24ECF33D58799AAEA40ECFF06FE0" xlink:to="loc_us-gaap_StatementTable_876B205FD16451A285250996C6A8A43B" xlink:type="arc" xbrldt:closed="true" xbrldt:contextElement="segment" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_B81771A6CBED55DFB1F612D76FD8419A" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_StatementTable_876B205FD16451A285250996C6A8A43B" xlink:to="loc_us-gaap_StatementEquityComponentsAxis_B81771A6CBED55DFB1F612D76FD8419A" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_C081C387596A906DB9359D74E43630A7_1BF55FD3555555989E69EE85B541A56A" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_B81771A6CBED55DFB1F612D76FD8419A" xlink:to="loc_us-gaap_EquityComponentDomain_C081C387596A906DB9359D74E43630A7_1BF55FD3555555989E69EE85B541A56A" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_672DBE7830E456B8BABD716818549D11" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_B81771A6CBED55DFB1F612D76FD8419A" xlink:to="loc_us-gaap_EquityComponentDomain_672DBE7830E456B8BABD716818549D11" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_SharesOutstandingMember" xlink:label="loc_dhil_SharesOutstandingMember_31FD19E9BBC7505B93A995CA3A06A5DE" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_EquityComponentDomain_672DBE7830E456B8BABD716818549D11" xlink:to="loc_dhil_SharesOutstandingMember_31FD19E9BBC7505B93A995CA3A06A5DE" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_C021E782AC3F505FBA7635EAE7D6ADD6" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_EquityComponentDomain_672DBE7830E456B8BABD716818549D11" xlink:to="loc_us-gaap_CommonStockMember_C021E782AC3F505FBA7635EAE7D6ADD6" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_90D85C9E1C2A57AAB5894BA3331CE09C" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_StatementLineItems_84DF24ECF33D58799AAEA40ECFF06FE0" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_90D85C9E1C2A57AAB5894BA3331CE09C" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_906B1E3E33945D5194BD0FBFD5033A46" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_StatementLineItems_84DF24ECF33D58799AAEA40ECFF06FE0" xlink:to="loc_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_906B1E3E33945D5194BD0FBFD5033A46" xlink:type="arc" />
  </definitionLink>
  <definitionLink xlink:role="http://www.diamond-hill.com/role/CompensationPlansTables" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/ConsolidatedBalanceSheets" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/ConsolidatedBalanceSheetsParenthetical" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/ConsolidatedStatementsOfCashFlowsUnaudited" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/ConsolidatedStatementsOfIncomeUnaudited" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/ConsolidatedStatementsOfShareholdersEquityAndRedeemableNoncontrollingInterestUnaudited" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaap_StatementLineItems_1840B4C38836064EA99A86ED4529AA17" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaap_StatementTable_9729E8D2EA98CD6AC21F86ED45191F8E" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_us-gaap_StatementLineItems_1840B4C38836064EA99A86ED4529AA17" xlink:to="loc_us-gaap_StatementTable_9729E8D2EA98CD6AC21F86ED45191F8E" xlink:type="arc" xbrldt:closed="true" xbrldt:contextElement="segment" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_84AD1BDA1E48538D7BA186ED4519946E" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_StatementTable_9729E8D2EA98CD6AC21F86ED45191F8E" xlink:to="loc_us-gaap_StatementEquityComponentsAxis_84AD1BDA1E48538D7BA186ED4519946E" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_844E7DCF1105D067601086ED45197380_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_84AD1BDA1E48538D7BA186ED4519946E" xlink:to="loc_us-gaap_EquityComponentDomain_844E7DCF1105D067601086ED45197380_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_844E7DCF1105D067601086ED45197380" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_84AD1BDA1E48538D7BA186ED4519946E" xlink:to="loc_us-gaap_EquityComponentDomain_844E7DCF1105D067601086ED45197380" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="loc_us-gaap_ParentMember_83F7E9429E3DAB3D9ABA86ED4519F2E2" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_EquityComponentDomain_844E7DCF1105D067601086ED45197380" xlink:to="loc_us-gaap_ParentMember_83F7E9429E3DAB3D9ABA86ED4519F2E2" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_D1148656E2DED12C56ED86ED451952DD" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ParentMember_83F7E9429E3DAB3D9ABA86ED4519F2E2" xlink:to="loc_us-gaap_CommonStockMember_D1148656E2DED12C56ED86ED451952DD" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationShareBasedPaymentsMember" xlink:label="loc_us-gaap_DeferredCompensationShareBasedPaymentsMember_01D307BB27C9EB15FB8586ED4519EB44" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ParentMember_83F7E9429E3DAB3D9ABA86ED4519F2E2" xlink:to="loc_us-gaap_DeferredCompensationShareBasedPaymentsMember_01D307BB27C9EB15FB8586ED4519EB44" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="loc_us-gaap_RetainedEarningsMember_7316405B31EADA10E96A86ED45195EC2" xlink:type="locator" />
    <definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ParentMember_83F7E9429E3DAB3D9ABA86ED4519F2E2" xlink:to="loc_us-gaap_RetainedEarningsMember_7316405B31EADA10E96A86ED45195EC2" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInStockholdersEquityRollForward" xlink:label="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_StatementLineItems_1840B4C38836064EA99A86ED4529AA17" xlink:to="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_B862A1F6CC22DD44CBD286ED452941C4" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_CommonStockSharesOutstanding_B862A1F6CC22DD44CBD286ED452941C4" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_B5477B133E61ABDC0028874E8365513E" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_StockholdersEquity_B5477B133E61ABDC0028874E8365513E" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_7DA61BE9227366E7063E86ED45297638" xlink:type="locator" />
    <definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_7DA61BE9227366E7063E86ED45297638" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_B210737874C7320B34B786ED45294CFA" xlink:type="locator" />
    <definitionArc order="4" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_B210737874C7320B34B786ED45294CFA" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_AmortizationOfRestrictedStockGrants" xlink:label="loc_dhil_AmortizationOfRestrictedStockGrants_3A5C33E822BCBAEED4A586ED45298EDD" xlink:type="locator" />
    <definitionArc order="5" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_dhil_AmortizationOfRestrictedStockGrants_3A5C33E822BCBAEED4A586ED45298EDD" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_AF2304E4C10A3528D96886ED45297B16" xlink:type="locator" />
    <definitionArc order="6" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_AF2304E4C10A3528D96886ED45297B16" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_84B2AF95DD21A8248A9F86ED4529F0B2" xlink:type="locator" />
    <definitionArc order="7" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_84B2AF95DD21A8248A9F86ED4529F0B2" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_303D201704714B99BDB686ED45291674" xlink:type="locator" />
    <definitionArc order="8" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_303D201704714B99BDB686ED45291674" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_89341D88660AAB8DF40C86ED452991B9" xlink:type="locator" />
    <definitionArc order="9" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_89341D88660AAB8DF40C86ED452991B9" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation" xlink:label="loc_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_0BB594FE7FB8F451285286ED4529C0C1" xlink:type="locator" />
    <definitionArc order="10" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_0BB594FE7FB8F451285286ED4529C0C1" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation" xlink:label="loc_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_4660FE43CBB32F0D71D486ED45294FB2" xlink:type="locator" />
    <definitionArc order="11" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_4660FE43CBB32F0D71D486ED45294FB2" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_826067717D19E8F3C8E186ED45296055" xlink:type="locator" />
    <definitionArc order="12" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_826067717D19E8F3C8E186ED45296055" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_42F4F8DF637C0F08DD7B86ED4529BD0B" xlink:type="locator" />
    <definitionArc order="13" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_42F4F8DF637C0F08DD7B86ED4529BD0B" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_8565070390D6FF14AA89871C311736D0" xlink:type="locator" />
    <definitionArc order="14" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_NetIncomeLoss_8565070390D6FF14AA89871C311736D0" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInTemporaryEquityRollForward" xlink:label="loc_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_B2BDA2BC4617EC2AE9AB8755ECCF64CA" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_StatementLineItems_1840B4C38836064EA99A86ED4529AA17" xlink:to="loc_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_B2BDA2BC4617EC2AE9AB8755ECCF64CA" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_6AE470E78326E81031788757F6C9F17D" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_B2BDA2BC4617EC2AE9AB8755ECCF64CA" xlink:to="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_6AE470E78326E81031788757F6C9F17D" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_EB6A1ACBDD1743869B2E8756695683D1" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_B2BDA2BC4617EC2AE9AB8755ECCF64CA" xlink:to="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_EB6A1ACBDD1743869B2E8756695683D1" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest" xlink:label="loc_dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_1EC8DA8B72AD684ADD3987569F3C820B" xlink:type="locator" />
    <definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_B2BDA2BC4617EC2AE9AB8755ECCF64CA" xlink:to="loc_dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_1EC8DA8B72AD684ADD3987569F3C820B" xlink:type="arc" />
  </definitionLink>
  <definitionLink xlink:role="http://www.diamond-hill.com/role/DocumentAndEntityInformation" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/EarningsPerShare" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/EarningsPerShareComputationForEarningsPerShareDetail" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/EarningsPerShareTables" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/IncomeTaxes" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/IncomeTaxesNarrativeDetail" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/InvestmentPortfolio" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/InvestmentPortfolioEquityMethodInvestmentsDetails" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/InvestmentPortfolioNarrativeDetail" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems" xlink:label="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_20E4B111CAAE4D85EAD19C28F576802F" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_5AC82A7CD66C8F09B0489C28F575AEB2" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_20E4B111CAAE4D85EAD19C28F576802F" xlink:to="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_5AC82A7CD66C8F09B0489C28F575AEB2" xlink:type="arc" xbrldt:closed="true" xbrldt:contextElement="segment" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_6469721716DDFC54ABA39C28F5754657" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_5AC82A7CD66C8F09B0489C28F575AEB2" xlink:to="loc_us-gaap_StatementEquityComponentsAxis_6469721716DDFC54ABA39C28F5754657" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_B33BFEDC0ACE1956D2CC9C28F575E8D9_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_6469721716DDFC54ABA39C28F5754657" xlink:to="loc_us-gaap_EquityComponentDomain_B33BFEDC0ACE1956D2CC9C28F575E8D9_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_B33BFEDC0ACE1956D2CC9C28F575E8D9" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_6469721716DDFC54ABA39C28F5754657" xlink:to="loc_us-gaap_EquityComponentDomain_B33BFEDC0ACE1956D2CC9C28F575E8D9" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="loc_us-gaap_ParentMember_E36C2C505BCC02209FD19C28F57550E6" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_EquityComponentDomain_B33BFEDC0ACE1956D2CC9C28F575E8D9" xlink:to="loc_us-gaap_ParentMember_E36C2C505BCC02209FD19C28F57550E6" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="loc_us-gaap_NoncontrollingInterestMember_A5A0ADCA5EBD6CB375D29C28F575EAC4" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_EquityComponentDomain_B33BFEDC0ACE1956D2CC9C28F575E8D9" xlink:to="loc_us-gaap_NoncontrollingInterestMember_A5A0ADCA5EBD6CB375D29C28F575EAC4" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_5F4178EEAED7CEE8D0F39C28F5757D36" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_5AC82A7CD66C8F09B0489C28F575AEB2" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_5F4178EEAED7CEE8D0F39C28F5757D36" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_ED706DDC2B52BD52DD079C28F5756684_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_5F4178EEAED7CEE8D0F39C28F5757D36" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_ED706DDC2B52BD52DD079C28F5756684_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_ED706DDC2B52BD52DD079C28F5756684" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_5F4178EEAED7CEE8D0F39C28F5757D36" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_ED706DDC2B52BD52DD079C28F5756684" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_SecuritiesheldinConsolidatedFundsMember" xlink:label="loc_dhil_SecuritiesheldinConsolidatedFundsMember_AF043A2638A0018B494F9C28F576CF94" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_ED706DDC2B52BD52DD079C28F5756684" xlink:to="loc_dhil_SecuritiesheldinConsolidatedFundsMember_AF043A2638A0018B494F9C28F576CF94" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByAssetClassAxis" xlink:label="loc_us-gaap_FairValueByAssetClassAxis_B183CE688855B57DD2669C28F5766E92" xlink:type="locator" />
    <definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_5AC82A7CD66C8F09B0489C28F575AEB2" xlink:to="loc_us-gaap_FairValueByAssetClassAxis_B183CE688855B57DD2669C28F5766E92" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_FEC134033CD37EC128859C28F57620FF_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_FairValueByAssetClassAxis_B183CE688855B57DD2669C28F5766E92" xlink:to="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_FEC134033CD37EC128859C28F57620FF_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_FEC134033CD37EC128859C28F57620FF" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_FairValueByAssetClassAxis_B183CE688855B57DD2669C28F5766E92" xlink:to="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_FEC134033CD37EC128859C28F57620FF" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingAccountAssetsMember" xlink:label="loc_us-gaap_TradingAccountAssetsMember_71C78504C6552FE6B5C39C28F576F9FA" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_FEC134033CD37EC128859C28F57620FF" xlink:to="loc_us-gaap_TradingAccountAssetsMember_71C78504C6552FE6B5C39C28F576F9FA" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentsMember" xlink:label="loc_us-gaap_EquityMethodInvestmentsMember_608F852CE3A5484717609C28F5767D74" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_FEC134033CD37EC128859C28F57620FF" xlink:to="loc_us-gaap_EquityMethodInvestmentsMember_608F852CE3A5484717609C28F5767D74" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationPlanAssets" xlink:label="loc_us-gaap_DeferredCompensationPlanAssets_0D38570B9951581282529C28F57B7DAA" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_20E4B111CAAE4D85EAD19C28F576802F" xlink:to="loc_us-gaap_DeferredCompensationPlanAssets_0D38570B9951581282529C28F57B7DAA" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_B67F9BB0DB9012CC35BD9C28F57C2024" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_20E4B111CAAE4D85EAD19C28F576802F" xlink:to="loc_us-gaap_TradingSecurities_B67F9BB0DB9012CC35BD9C28F57C2024" xlink:type="arc" />
  </definitionLink>
  <definitionLink xlink:role="http://www.diamond-hill.com/role/InvestmentPortfolioScheduleOfEquityMethodInvestmentOwnershipDetails" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentsLineItems" xlink:label="loc_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_96F710E8BE7135ED4A7B87C50F86BCF2" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentsTable" xlink:label="loc_us-gaap_ScheduleOfEquityMethodInvestmentsTable_782715EF185106750F6687C50F869D26" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_96F710E8BE7135ED4A7B87C50F86BCF2" xlink:to="loc_us-gaap_ScheduleOfEquityMethodInvestmentsTable_782715EF185106750F6687C50F869D26" xlink:type="arc" xbrldt:closed="true" xbrldt:contextElement="segment" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="loc_us-gaap_InvestmentTypeAxis_79F734E85BF957AC08EF87C50FDE15AD" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_ScheduleOfEquityMethodInvestmentsTable_782715EF185106750F6687C50F869D26" xlink:to="loc_us-gaap_InvestmentTypeAxis_79F734E85BF957AC08EF87C50FDE15AD" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="loc_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_InvestmentTypeAxis_79F734E85BF957AC08EF87C50FDE15AD" xlink:to="loc_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="loc_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_InvestmentTypeAxis_79F734E85BF957AC08EF87C50FDE15AD" xlink:to="loc_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_MidCapFundMember" xlink:label="loc_dhil_MidCapFundMember_047FA4A4CA487DDDFDDD87C5101D59E6" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39" xlink:to="loc_dhil_MidCapFundMember_047FA4A4CA487DDDFDDD87C5101D59E6" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_ResearchOpportunitiesFundMember" xlink:label="loc_dhil_ResearchOpportunitiesFundMember_9E8821D4584C09E047B887C5103C0911" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39" xlink:to="loc_dhil_ResearchOpportunitiesFundMember_9E8821D4584C09E047B887C5103C0911" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_GlobalFundLPMember" xlink:label="loc_dhil_GlobalFundLPMember_12D9D020A2F19125387887C5105BCC88" xlink:type="locator" />
    <definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39" xlink:to="loc_dhil_GlobalFundLPMember_12D9D020A2F19125387887C5105BCC88" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_InternationalEquityFundLPMember" xlink:label="loc_dhil_InternationalEquityFundLPMember_B51497835315AC4963E587C5107B4109" xlink:type="locator" />
    <definitionArc order="4" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39" xlink:to="loc_dhil_InternationalEquityFundLPMember_B51497835315AC4963E587C5107B4109" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_A0F9C9CD8736D1F6546087C50FBFE04F" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_96F710E8BE7135ED4A7B87C50F86BCF2" xlink:to="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_A0F9C9CD8736D1F6546087C50FBFE04F" xlink:type="arc" />
  </definitionLink>
  <definitionLink xlink:role="http://www.diamond-hill.com/role/InvestmentPortfolioSummaryOfMarketValueOfInvestmentsDetail" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentHoldingsLineItems" xlink:label="loc_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentHoldingsTable" xlink:label="loc_us-gaap_InvestmentHoldingsTable_105B0ED4A3495B4B71C386ED44D85094" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA" xlink:to="loc_us-gaap_InvestmentHoldingsTable_105B0ED4A3495B4B71C386ED44D85094" xlink:type="arc" xbrldt:closed="true" xbrldt:contextElement="segment" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_796DC58B954D2E021D5F86ED44D8DE3B" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_InvestmentHoldingsTable_105B0ED4A3495B4B71C386ED44D85094" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_796DC58B954D2E021D5F86ED44D8DE3B" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_F47E79DD9A7E5FD7F77386ED44D86978_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_796DC58B954D2E021D5F86ED44D8DE3B" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_F47E79DD9A7E5FD7F77386ED44D86978_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_F47E79DD9A7E5FD7F77386ED44D86978" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_796DC58B954D2E021D5F86ED44D8DE3B" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_F47E79DD9A7E5FD7F77386ED44D86978" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_SecuritiesheldinConsolidatedFundsMember" xlink:label="loc_dhil_SecuritiesheldinConsolidatedFundsMember_E69D3AF2293D08425F0286ED44D867D7" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_F47E79DD9A7E5FD7F77386ED44D86978" xlink:to="loc_dhil_SecuritiesheldinConsolidatedFundsMember_E69D3AF2293D08425F0286ED44D867D7" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_SeedCapitalInvestmentsMember" xlink:label="loc_dhil_SeedCapitalInvestmentsMember_4E7ACB90F93A1150360986ED44D826F7" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_F47E79DD9A7E5FD7F77386ED44D86978" xlink:to="loc_dhil_SeedCapitalInvestmentsMember_4E7ACB90F93A1150360986ED44D826F7" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_6DA72FF64D36069800B186ED44D8255C" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_InvestmentHoldingsTable_105B0ED4A3495B4B71C386ED44D85094" xlink:to="loc_us-gaap_StatementEquityComponentsAxis_6DA72FF64D36069800B186ED44D8255C" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_C6D8EC711DEC4FD8F24886ED44D874C7_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_6DA72FF64D36069800B186ED44D8255C" xlink:to="loc_us-gaap_EquityComponentDomain_C6D8EC711DEC4FD8F24886ED44D874C7_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_C6D8EC711DEC4FD8F24886ED44D874C7" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_6DA72FF64D36069800B186ED44D8255C" xlink:to="loc_us-gaap_EquityComponentDomain_C6D8EC711DEC4FD8F24886ED44D874C7" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="loc_us-gaap_ParentMember_00200FB75B3D669471B586ED44D8FE61" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_EquityComponentDomain_C6D8EC711DEC4FD8F24886ED44D874C7" xlink:to="loc_us-gaap_ParentMember_00200FB75B3D669471B586ED44D8FE61" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="loc_us-gaap_NoncontrollingInterestMember_64689F286859CBD2C49986ED44D85AF2" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_EquityComponentDomain_C6D8EC711DEC4FD8F24886ED44D874C7" xlink:to="loc_us-gaap_NoncontrollingInterestMember_64689F286859CBD2C49986ED44D85AF2" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_E8B7CF6F48C5C34DFFA486ED44D81384" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA" xlink:to="loc_us-gaap_TradingSecurities_E8B7CF6F48C5C34DFFA486ED44D81384" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaap_EquityMethodInvestments_8B5C10F9E1EECD69C2B086ED44D89658" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA" xlink:to="loc_us-gaap_EquityMethodInvestments_8B5C10F9E1EECD69C2B086ED44D89658" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationPlanAssets" xlink:label="loc_us-gaap_DeferredCompensationPlanAssets_C01B444DC6D137FBA16486ED44D833B2" xlink:type="locator" />
    <definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA" xlink:to="loc_us-gaap_DeferredCompensationPlanAssets_C01B444DC6D137FBA16486ED44D833B2" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="loc_us-gaap_Investments_DF7A16BF79F447E7E68486ED44D84060" xlink:type="locator" />
    <definitionArc order="4" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA" xlink:to="loc_us-gaap_Investments_DF7A16BF79F447E7E68486ED44D84060" xlink:type="arc" />
  </definitionLink>
  <definitionLink xlink:role="http://www.diamond-hill.com/role/InvestmentPortfolioTables" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/LineOfCredit" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/LineOfCreditDetails" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityLineItems" xlink:label="loc_us-gaap_LineOfCreditFacilityLineItems_B259D568A257F78F23F19C28F547C242" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityTable" xlink:label="loc_us-gaap_LineOfCreditFacilityTable_78290A5E4B584BF46C8C9C28F545520B" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_us-gaap_LineOfCreditFacilityLineItems_B259D568A257F78F23F19C28F547C242" xlink:to="loc_us-gaap_LineOfCreditFacilityTable_78290A5E4B584BF46C8C9C28F545520B" xlink:type="arc" xbrldt:closed="true" xbrldt:contextElement="segment" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="loc_us-gaap_DebtInstrumentAxis_0B6D5865E0986D97979E9C28F545F3D8" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_LineOfCreditFacilityTable_78290A5E4B584BF46C8C9C28F545520B" xlink:to="loc_us-gaap_DebtInstrumentAxis_0B6D5865E0986D97979E9C28F545F3D8" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_5B322F092C0E0523D1119C28F545265F_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_DebtInstrumentAxis_0B6D5865E0986D97979E9C28F545F3D8" xlink:to="loc_us-gaap_DebtInstrumentNameDomain_5B322F092C0E0523D1119C28F545265F_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_5B322F092C0E0523D1119C28F545265F" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_DebtInstrumentAxis_0B6D5865E0986D97979E9C28F545F3D8" xlink:to="loc_us-gaap_DebtInstrumentNameDomain_5B322F092C0E0523D1119C28F545265F" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_TheCreditAgreementMember" xlink:label="loc_dhil_TheCreditAgreementMember_D45F6359F7C03196F3ED9C28F545900A" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_5B322F092C0E0523D1119C28F545265F" xlink:to="loc_dhil_TheCreditAgreementMember_D45F6359F7C03196F3ED9C28F545900A" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="loc_us-gaap_CreditFacilityAxis_A649817473499F40E2969C28F545A4EB" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_LineOfCreditFacilityTable_78290A5E4B584BF46C8C9C28F545520B" xlink:to="loc_us-gaap_CreditFacilityAxis_A649817473499F40E2969C28F545A4EB" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="loc_us-gaap_CreditFacilityDomain_4DF51F9CB464F2F699179C28F545B008_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_CreditFacilityAxis_A649817473499F40E2969C28F545A4EB" xlink:to="loc_us-gaap_CreditFacilityDomain_4DF51F9CB464F2F699179C28F545B008_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="loc_us-gaap_CreditFacilityDomain_4DF51F9CB464F2F699179C28F545B008" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_CreditFacilityAxis_A649817473499F40E2969C28F545A4EB" xlink:to="loc_us-gaap_CreditFacilityDomain_4DF51F9CB464F2F699179C28F545B008" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditMember" xlink:label="loc_us-gaap_LineOfCreditMember_A06A7F316689641DBCD99C28F5450A5B" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_CreditFacilityDomain_4DF51F9CB464F2F699179C28F545B008" xlink:to="loc_us-gaap_LineOfCreditMember_A06A7F316689641DBCD99C28F5450A5B" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableRateAxis" xlink:label="loc_us-gaap_VariableRateAxis_727BF3E3BB0FC74E362D9C28F5465CB5" xlink:type="locator" />
    <definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_LineOfCreditFacilityTable_78290A5E4B584BF46C8C9C28F545520B" xlink:to="loc_us-gaap_VariableRateAxis_727BF3E3BB0FC74E362D9C28F5465CB5" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableRateDomain" xlink:label="loc_us-gaap_VariableRateDomain_CA340DFCD30699F716829C28F546CB82_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_VariableRateAxis_727BF3E3BB0FC74E362D9C28F5465CB5" xlink:to="loc_us-gaap_VariableRateDomain_CA340DFCD30699F716829C28F546CB82_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableRateDomain" xlink:label="loc_us-gaap_VariableRateDomain_CA340DFCD30699F716829C28F546CB82" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_VariableRateAxis_727BF3E3BB0FC74E362D9C28F5465CB5" xlink:to="loc_us-gaap_VariableRateDomain_CA340DFCD30699F716829C28F546CB82" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LondonInterbankOfferedRateLIBORMember" xlink:label="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_47DA5E3068AA1D60431A9C28F5465D84" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_VariableRateDomain_CA340DFCD30699F716829C28F546CB82" xlink:to="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_47DA5E3068AA1D60431A9C28F5465D84" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_F781F5C185C8B92B57CA9C28F547851D" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_LineOfCreditFacilityLineItems_B259D568A257F78F23F19C28F547C242" xlink:to="loc_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_F781F5C185C8B92B57CA9C28F547851D" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_E2813BBC43D2C1CE8CFB9C28F54749D3" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_LineOfCreditFacilityLineItems_B259D568A257F78F23F19C28F547C242" xlink:to="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_E2813BBC43D2C1CE8CFB9C28F54749D3" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" xlink:label="loc_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_1B59E622F9AF61E2CE6C9C28F5477286" xlink:type="locator" />
    <definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_LineOfCreditFacilityLineItems_B259D568A257F78F23F19C28F547C242" xlink:to="loc_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_1B59E622F9AF61E2CE6C9C28F5477286" xlink:type="arc" />
  </definitionLink>
  <definitionLink xlink:role="http://www.diamond-hill.com/role/OperatingLeases" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/OperatingLeasesFutureMinimumLeasePaymentsUnderOperatingLeasesDetail" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/OperatingLeasesNarrativeDetail" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/OperatingLeasesSummaryOfTotalLeaseAndOperatingExpensesDetail" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/OperatingLeasesTables" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/RegulatoryRequirements" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/RegulatoryRequirementsRegulatoryRequirementsUniformNetCapitalRuleDetail" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/RegulatoryRequirementsTables" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPolicies" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPoliciesAssetsUnderManagementAumSubjectToIncentiveFeesAndIncentiveFeesDetail" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PrincipleTransactionRevenueLineItems" xlink:label="loc_us-gaap_PrincipleTransactionRevenueLineItems_6B4FDB9016C7739B51048B7EA45EE189" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PrincipleTransactionRevenueTable" xlink:label="loc_us-gaap_PrincipleTransactionRevenueTable_909C78A0C348DC3A27568B7EA45C2465" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_us-gaap_PrincipleTransactionRevenueLineItems_6B4FDB9016C7739B51048B7EA45EE189" xlink:to="loc_us-gaap_PrincipleTransactionRevenueTable_909C78A0C348DC3A27568B7EA45C2465" xlink:type="arc" xbrldt:closed="true" xbrldt:contextElement="segment" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis" xlink:label="loc_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_2F5CE8408D4AEF60C3D98B7EA45DC41C" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_PrincipleTransactionRevenueTable_909C78A0C348DC3A27568B7EA45C2465" xlink:to="loc_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_2F5CE8408D4AEF60C3D98B7EA45DC41C" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NameOfReportingCategoryDomain" xlink:label="loc_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_2F5CE8408D4AEF60C3D98B7EA45DC41C" xlink:to="loc_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NameOfReportingCategoryDomain" xlink:label="loc_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_2F5CE8408D4AEF60C3D98B7EA45DC41C" xlink:to="loc_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_AssetUnderManagementContractualPeriodEndDateMember" xlink:label="loc_dhil_AssetUnderManagementContractualPeriodEndDateMember_A83D7D23D311978AE8578B7EA45D7CF2" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:to="loc_dhil_AssetUnderManagementContractualPeriodEndDateMember_A83D7D23D311978AE8578B7EA45D7CF2" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_AssetUnderManagementContractualPeriodEndDate2Member" xlink:label="loc_dhil_AssetUnderManagementContractualPeriodEndDate2Member_450E98BE59064693F34C8B7EA45D1607" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:to="loc_dhil_AssetUnderManagementContractualPeriodEndDate2Member_450E98BE59064693F34C8B7EA45D1607" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_AssetUnderManagementContractualPeriodEndDate3Member" xlink:label="loc_dhil_AssetUnderManagementContractualPeriodEndDate3Member_A4D45B1E4FD687D1EBFC8B7EA45D831D" xlink:type="locator" />
    <definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:to="loc_dhil_AssetUnderManagementContractualPeriodEndDate3Member_A4D45B1E4FD687D1EBFC8B7EA45D831D" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_AssetUnderManagementContractualPeriodEndDate4Member" xlink:label="loc_dhil_AssetUnderManagementContractualPeriodEndDate4Member_D1506DF8361618BF4DAC8B7EA45EED72" xlink:type="locator" />
    <definitionArc order="4" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:to="loc_dhil_AssetUnderManagementContractualPeriodEndDate4Member_D1506DF8361618BF4DAC8B7EA45EED72" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_AssetUnderManagementContractualPeriodEndTotalMember" xlink:label="loc_dhil_AssetUnderManagementContractualPeriodEndTotalMember_E12E4C30B1B463C81D788B8A70EA68E8" xlink:type="locator" />
    <definitionArc order="5" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:to="loc_dhil_AssetUnderManagementContractualPeriodEndTotalMember_E12E4C30B1B463C81D788B8A70EA68E8" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_AssetsUnderManagementVariablePerformanceFees" xlink:label="loc_dhil_AssetsUnderManagementVariablePerformanceFees_71B0D93039B910CAE7D78B7EA45E5AEE" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_PrincipleTransactionRevenueLineItems_6B4FDB9016C7739B51048B7EA45EE189" xlink:to="loc_dhil_AssetsUnderManagementVariablePerformanceFees_71B0D93039B910CAE7D78B7EA45E5AEE" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults" xlink:label="loc_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults_76C1F3E489C43E5254508B8A6F816167" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_PrincipleTransactionRevenueLineItems_6B4FDB9016C7739B51048B7EA45EE189" xlink:to="loc_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults_76C1F3E489C43E5254508B8A6F816167" xlink:type="arc" />
  </definitionLink>
  <definitionLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPoliciesMutualFundAdministrationGrossAndNetRevenueDetail" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPoliciesNarrativeDetail" xlink:type="extended">
    <loc xlink:href="dhil-20170331.xsd#dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems" xlink:label="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:type="locator" />
    <loc xlink:href="dhil-20170331.xsd#dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable" xlink:label="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:type="arc" xbrldt:closed="true" xbrldt:contextElement="segment" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_5CA78070ADFB11FD49359C28F5E9CB41" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:to="loc_us-gaap_StatementEquityComponentsAxis_5CA78070ADFB11FD49359C28F5E9CB41" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_ED29325110B5D7BF415D9C28F5E9D79D_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_5CA78070ADFB11FD49359C28F5E9CB41" xlink:to="loc_us-gaap_EquityComponentDomain_ED29325110B5D7BF415D9C28F5E9D79D_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_ED29325110B5D7BF415D9C28F5E9D79D" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_5CA78070ADFB11FD49359C28F5E9CB41" xlink:to="loc_us-gaap_EquityComponentDomain_ED29325110B5D7BF415D9C28F5E9D79D" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="loc_us-gaap_ParentMember_FB879AFFBA1452DBCD5E9C28F5E98CE6" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_EquityComponentDomain_ED29325110B5D7BF415D9C28F5E9D79D" xlink:to="loc_us-gaap_ParentMember_FB879AFFBA1452DBCD5E9C28F5E98CE6" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="loc_us-gaap_NoncontrollingInterestMember_22102C9DF6DDC262E95C9C28F5EA5ABF" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_EquityComponentDomain_ED29325110B5D7BF415D9C28F5E9D79D" xlink:to="loc_us-gaap_NoncontrollingInterestMember_22102C9DF6DDC262E95C9C28F5EA5ABF" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionAxis" xlink:label="loc_us-gaap_RelatedPartyTransactionAxis_5CB4E2337B1326781FA79C28F5EA4D76" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:to="loc_us-gaap_RelatedPartyTransactionAxis_5CB4E2337B1326781FA79C28F5EA4D76" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="loc_us-gaap_RelatedPartyTransactionDomain_1DD3876066BE5E3484829C28F5EAC65F_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_RelatedPartyTransactionAxis_5CB4E2337B1326781FA79C28F5EA4D76" xlink:to="loc_us-gaap_RelatedPartyTransactionDomain_1DD3876066BE5E3484829C28F5EAC65F_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="loc_us-gaap_RelatedPartyTransactionDomain_1DD3876066BE5E3484829C28F5EAC65F" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_RelatedPartyTransactionAxis_5CB4E2337B1326781FA79C28F5EA4D76" xlink:to="loc_us-gaap_RelatedPartyTransactionDomain_1DD3876066BE5E3484829C28F5EAC65F" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_InvestmentAdvisoryServicesMember" xlink:label="loc_dhil_InvestmentAdvisoryServicesMember_9844F02F0464A8F2CCCB9C28F5EAF5DD" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_RelatedPartyTransactionDomain_1DD3876066BE5E3484829C28F5EAC65F" xlink:to="loc_dhil_InvestmentAdvisoryServicesMember_9844F02F0464A8F2CCCB9C28F5EAF5DD" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_MutualfundadministrativeservicesMember" xlink:label="loc_dhil_MutualfundadministrativeservicesMember_0C5A611F28A172B918D99C28F5EA26E5" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_RelatedPartyTransactionDomain_1DD3876066BE5E3484829C28F5EAC65F" xlink:to="loc_dhil_MutualfundadministrativeservicesMember_0C5A611F28A172B918D99C28F5EA26E5" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_D93D66D2EBD9B00BF3099C28F5EA18CC" xlink:type="locator" />
    <definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_D93D66D2EBD9B00BF3099C28F5EA18CC" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_ADC7E2AB160A067ED45C9C28F5EA32C6_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_D93D66D2EBD9B00BF3099C28F5EA18CC" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_ADC7E2AB160A067ED45C9C28F5EA32C6_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_ADC7E2AB160A067ED45C9C28F5EA32C6" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_D93D66D2EBD9B00BF3099C28F5EA18CC" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_ADC7E2AB160A067ED45C9C28F5EA32C6" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_SecuritiesheldinConsolidatedFundsMember" xlink:label="loc_dhil_SecuritiesheldinConsolidatedFundsMember_11D527DE3FACE92A12C79C28F5EA7E91" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_ADC7E2AB160A067ED45C9C28F5EA32C6" xlink:to="loc_dhil_SecuritiesheldinConsolidatedFundsMember_11D527DE3FACE92A12C79C28F5EA7E91" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MoneyMarketFundsMember" xlink:label="loc_us-gaap_MoneyMarketFundsMember_3C00995CBE56F1BC3A8D9C28F5EA5B6A" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_ADC7E2AB160A067ED45C9C28F5EA32C6" xlink:to="loc_us-gaap_MoneyMarketFundsMember_3C00995CBE56F1BC3A8D9C28F5EA5B6A" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_1AE1D2F16EE6735369089C28F5EAF1F3" xlink:type="locator" />
    <definitionArc order="4" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:to="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_1AE1D2F16EE6735369089C28F5EAF1F3" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_9E1DFE6F21D278D76A129C28F5EAA2CE_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_1AE1D2F16EE6735369089C28F5EAF1F3" xlink:to="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_9E1DFE6F21D278D76A129C28F5EAA2CE_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_9E1DFE6F21D278D76A129C28F5EAA2CE" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_1AE1D2F16EE6735369089C28F5EAF1F3" xlink:to="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_9E1DFE6F21D278D76A129C28F5EAA2CE" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_A604EC7867FACF7716329C28F5EA0F35" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_9E1DFE6F21D278D76A129C28F5EAA2CE" xlink:to="loc_us-gaap_FairValueInputsLevel1Member_A604EC7867FACF7716329C28F5EA0F35" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="loc_us-gaap_NumberOfOperatingSegments_12B847A876C99944D5DC9C28F5EBFAA8" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_us-gaap_NumberOfOperatingSegments_12B847A876C99944D5DC9C28F5EBFAA8" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AllowanceForDoubtfulAccountsReceivable" xlink:label="loc_us-gaap_AllowanceForDoubtfulAccountsReceivable_E83424E28F40767F9A3A9C28F5EBFF08" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_us-gaap_AllowanceForDoubtfulAccountsReceivable_E83424E28F40767F9A3A9C28F5EBFF08" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsReceivableRelatedParties" xlink:label="loc_us-gaap_AccountsReceivableRelatedParties_2BA39FAB1DCE1F0259B79C28F5EB49DC" xlink:type="locator" />
    <definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_us-gaap_AccountsReceivableRelatedParties_2BA39FAB1DCE1F0259B79C28F5EB49DC" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_6F2E7A3C4F2BAF28B53A9C28F5EB6805" xlink:type="locator" />
    <definitionArc order="4" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_us-gaap_TradingSecurities_6F2E7A3C4F2BAF28B53A9C28F5EB6805" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsFairValueDisclosure" xlink:label="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_37EE514D500352EA408E9C28F5ECD6DF" xlink:type="locator" />
    <definitionArc order="5" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_37EE514D500352EA408E9C28F5ECD6DF" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount" xlink:label="loc_dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount_8AC3DE8C80EC3AC50BAC9C28F5ECCC9A" xlink:type="locator" />
    <definitionArc order="6" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount_8AC3DE8C80EC3AC50BAC9C28F5ECCC9A" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenueFromRelatedParties" xlink:label="loc_us-gaap_RevenueFromRelatedParties_6C99820B9A10470FA51E9C28F5EC0D35" xlink:type="locator" />
    <definitionArc order="7" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_us-gaap_RevenueFromRelatedParties_6C99820B9A10470FA51E9C28F5EC0D35" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_RollingClientInvestmentPerformancePeriod" xlink:label="loc_dhil_RollingClientInvestmentPerformancePeriod_BA5BE61E32AC803F850D9C28F5F1BD67" xlink:type="locator" />
    <definitionArc order="8" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_dhil_RollingClientInvestmentPerformancePeriod_BA5BE61E32AC803F850D9C28F5F1BD67" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PerformanceFees" xlink:label="loc_us-gaap_PerformanceFees_536792B2544732E41C099C28F5F28AFF" xlink:type="locator" />
    <definitionArc order="9" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_us-gaap_PerformanceFees_536792B2544732E41C099C28F5F28AFF" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_AdvanceCommissionsAmortizationPeriod" xlink:label="loc_dhil_AdvanceCommissionsAmortizationPeriod_3870190ED6B929F5C80C9C28F5F238F4" xlink:type="locator" />
    <definitionArc order="10" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_dhil_AdvanceCommissionsAmortizationPeriod_3870190ED6B929F5C80C9C28F5F238F4" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForUncertainTaxPositionsCurrent" xlink:label="loc_us-gaap_LiabilityForUncertainTaxPositionsCurrent_38E7D3948881F09F77C29C28F5F26F07" xlink:type="locator" />
    <definitionArc order="11" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_us-gaap_LiabilityForUncertainTaxPositionsCurrent_38E7D3948881F09F77C29C28F5F26F07" xlink:type="arc" />
  </definitionLink>
  <definitionLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPoliciesPolicies" xlink:type="extended" />
  <definitionLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPoliciesSummaryOfInvestmentsValuesBasedUponFairValueHierarchydetail" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_185B050BA0C3F6CA04719C28F643E4A8" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_27587CEA2568E6CD8E469C28F63C34BC" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_185B050BA0C3F6CA04719C28F643E4A8" xlink:to="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_27587CEA2568E6CD8E469C28F63C34BC" xlink:type="arc" xbrldt:closed="true" xbrldt:contextElement="segment" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18ECF56DA366FBDFEF579C28F63C4EA8" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_27587CEA2568E6CD8E469C28F63C34BC" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18ECF56DA366FBDFEF579C28F63C4EA8" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_568C2D2338F1B84131809C28F6413C3F_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18ECF56DA366FBDFEF579C28F63C4EA8" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_568C2D2338F1B84131809C28F6413C3F_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_568C2D2338F1B84131809C28F6413C3F" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18ECF56DA366FBDFEF579C28F63C4EA8" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_568C2D2338F1B84131809C28F6413C3F" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_SeedCapitalInvestmentsMember" xlink:label="loc_dhil_SeedCapitalInvestmentsMember_4F4C82E3EBCDB91408B09C28F642C85B" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_568C2D2338F1B84131809C28F6413C3F" xlink:to="loc_dhil_SeedCapitalInvestmentsMember_4F4C82E3EBCDB91408B09C28F642C85B" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_SecuritiesheldinConsolidatedFundsMember" xlink:label="loc_dhil_SecuritiesheldinConsolidatedFundsMember_04C60F58A0389ED670C49C28F6428239" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_568C2D2338F1B84131809C28F6413C3F" xlink:to="loc_dhil_SecuritiesheldinConsolidatedFundsMember_04C60F58A0389ED670C49C28F6428239" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByMeasurementFrequencyAxis" xlink:label="loc_us-gaap_FairValueByMeasurementFrequencyAxis_6E033B79553EC20483049C28F64251B8" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_27587CEA2568E6CD8E469C28F63C34BC" xlink:to="loc_us-gaap_FairValueByMeasurementFrequencyAxis_6E033B79553EC20483049C28F64251B8" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementFrequencyDomain" xlink:label="loc_us-gaap_FairValueMeasurementFrequencyDomain_0EB8357CB027F2547A609C28F64266E6_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_FairValueByMeasurementFrequencyAxis_6E033B79553EC20483049C28F64251B8" xlink:to="loc_us-gaap_FairValueMeasurementFrequencyDomain_0EB8357CB027F2547A609C28F64266E6_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementFrequencyDomain" xlink:label="loc_us-gaap_FairValueMeasurementFrequencyDomain_0EB8357CB027F2547A609C28F64266E6" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_FairValueByMeasurementFrequencyAxis_6E033B79553EC20483049C28F64251B8" xlink:to="loc_us-gaap_FairValueMeasurementFrequencyDomain_0EB8357CB027F2547A609C28F64266E6" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsRecurringMember" xlink:label="loc_us-gaap_FairValueMeasurementsRecurringMember_D67663971C0342A6413A9C28F6420336" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_FairValueMeasurementFrequencyDomain_0EB8357CB027F2547A609C28F64266E6" xlink:to="loc_us-gaap_FairValueMeasurementsRecurringMember_D67663971C0342A6413A9C28F6420336" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_61ED084EFAEADA510EBC9C28F64236F0" xlink:type="locator" />
    <definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_27587CEA2568E6CD8E469C28F63C34BC" xlink:to="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_61ED084EFAEADA510EBC9C28F64236F0" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28_default" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_61ED084EFAEADA510EBC9C28F64236F0" xlink:to="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28_default" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_61ED084EFAEADA510EBC9C28F64236F0" xlink:to="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_E68FC093FB60BA7355609C28F642A530" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28" xlink:to="loc_us-gaap_FairValueInputsLevel1Member_E68FC093FB60BA7355609C28F642A530" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaap_FairValueInputsLevel2Member_73331460040BD6395D789C28F64391E2" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28" xlink:to="loc_us-gaap_FairValueInputsLevel2Member_73331460040BD6395D789C28F64391E2" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="loc_us-gaap_FairValueInputsLevel3Member_5749A40BFDCFB12DEC489C28F643B5F5" xlink:type="locator" />
    <definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28" xlink:to="loc_us-gaap_FairValueInputsLevel3Member_5749A40BFDCFB12DEC489C28F643B5F5" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsFairValueDisclosure" xlink:label="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_D9129074CB07C26C3B819C28F643FE87" xlink:type="locator" />
    <definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_185B050BA0C3F6CA04719C28F643E4A8" xlink:to="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_D9129074CB07C26C3B819C28F643FE87" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_030AB0415D8B7C245BE19C28F6433204" xlink:type="locator" />
    <definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_185B050BA0C3F6CA04719C28F643E4A8" xlink:to="loc_us-gaap_TradingSecurities_030AB0415D8B7C245BE19C28F6433204" xlink:type="arc" />
    <loc xlink:href="dhil-20170331.xsd#dhil_DeferredCompensationInvestmentsFairValueDisclosure" xlink:label="loc_dhil_DeferredCompensationInvestmentsFairValueDisclosure_2FB648AE25DE389462189C28F643F993" xlink:type="locator" />
    <definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_185B050BA0C3F6CA04719C28F643E4A8" xlink:to="loc_dhil_DeferredCompensationInvestmentsFairValueDisclosure_2FB648AE25DE389462189C28F643F993" xlink:type="arc" />
  </definitionLink>
  <definitionLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPoliciesTables" xlink:type="extended" />
</linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>9
<FILENAME>dhil-20170331_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" xlink:type="simple" />
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_us-gaap_EarningsPerShareAbstract_3546417EB3815882EDB686ED445B1619_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareAbstract_3546417EB3815882EDB686ED445B1619" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaap_EarningsPerShareAbstract_3546417EB3815882EDB686ED445B1619" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareAbstract_3546417EB3815882EDB686ED445B1619" xlink:to="lab_us-gaap_EarningsPerShareAbstract_3546417EB3815882EDB686ED445B1619" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_D10E2665147A8F0C1FE886ED445B5821_verboseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_D10E2665147A8F0C1FE886ED445B5821" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net Income</link:label>
    <link:label id="lab_us-gaap_ProfitLoss_D10E2665147A8F0C1FE886ED445B5821_label_en-US" xlink:label="lab_us-gaap_ProfitLoss_D10E2665147A8F0C1FE886ED445B5821" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_D10E2665147A8F0C1FE886ED445B5821" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_D10E2665147A8F0C1FE886ED445B5821" xlink:to="lab_us-gaap_ProfitLoss_D10E2665147A8F0C1FE886ED445B5821" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7E5899AC8B28A4276FF486ED445B60A4_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7E5899AC8B28A4276FF486ED445B60A4" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Less: Net income attributable to redeemable noncontrolling interest</link:label>
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7E5899AC8B28A4276FF486ED445B60A4_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7E5899AC8B28A4276FF486ED445B60A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7E5899AC8B28A4276FF486ED445B60A4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7E5899AC8B28A4276FF486ED445B60A4" xlink:to="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7E5899AC8B28A4276FF486ED445B60A4" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLoss_76F15378863149CCA82F86ED445BFEC6_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_76F15378863149CCA82F86ED445BFEC6" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS</link:label>
    <link:label id="lab_us-gaap_NetIncomeLoss_76F15378863149CCA82F86ED445BFEC6_label_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_76F15378863149CCA82F86ED445BFEC6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_76F15378863149CCA82F86ED445BFEC6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLoss_76F15378863149CCA82F86ED445BFEC6" xlink:to="lab_us-gaap_NetIncomeLoss_76F15378863149CCA82F86ED445BFEC6" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_FC122AB775C58CC8BA7B86ED445B8473_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_FC122AB775C58CC8BA7B86ED445B8473" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average shares outstanding</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_FC122AB775C58CC8BA7B86ED445B8473_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_FC122AB775C58CC8BA7B86ED445B8473" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Diluted [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_FC122AB775C58CC8BA7B86ED445B8473" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_FC122AB775C58CC8BA7B86ED445B8473" xlink:to="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_FC122AB775C58CC8BA7B86ED445B8473" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_1BCB57AD0043F177C6B186ED445BEC8C_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_1BCB57AD0043F177C6B186ED445BEC8C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic (in shares)</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_1BCB57AD0043F177C6B186ED445BEC8C_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_1BCB57AD0043F177C6B186ED445BEC8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_1BCB57AD0043F177C6B186ED445BEC8C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_1BCB57AD0043F177C6B186ED445BEC8C" xlink:to="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_1BCB57AD0043F177C6B186ED445BEC8C" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_37777363B44C3CF27D9786ED445B14C3_terseLabel_en-US" xlink:label="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_37777363B44C3CF27D9786ED445B14C3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dilutive impact of restricted stock units (in shares)</link:label>
    <link:label id="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_37777363B44C3CF27D9786ED445B14C3_label_en-US" xlink:label="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_37777363B44C3CF27D9786ED445B14C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_37777363B44C3CF27D9786ED445B14C3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_37777363B44C3CF27D9786ED445B14C3" xlink:to="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_37777363B44C3CF27D9786ED445B14C3" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_7EEF7ECE4E045C09361A86ED445B5119_totalLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_7EEF7ECE4E045C09361A86ED445B5119" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Diluted (in shares)</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_7EEF7ECE4E045C09361A86ED445B5119_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_7EEF7ECE4E045C09361A86ED445B5119" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_7EEF7ECE4E045C09361A86ED445B5119" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_7EEF7ECE4E045C09361A86ED445B5119" xlink:to="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_7EEF7ECE4E045C09361A86ED445B5119" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_D777D8D4B0A444140F5386ED445BA2DD_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_D777D8D4B0A444140F5386ED445BA2DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings per share</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_D777D8D4B0A444140F5386ED445BA2DD_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_D777D8D4B0A444140F5386ED445BA2DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic and Diluted [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasicAndDilutedAbstract" xlink:label="loc_us-gaap_EarningsPerShareBasicAndDilutedAbstract_D777D8D4B0A444140F5386ED445BA2DD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasicAndDilutedAbstract_D777D8D4B0A444140F5386ED445BA2DD" xlink:to="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_D777D8D4B0A444140F5386ED445BA2DD" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasic_0A716E2EE39D91F3AA4E86ED445B09D0_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_0A716E2EE39D91F3AA4E86ED445B09D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic (USD per share)</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareBasic_0A716E2EE39D91F3AA4E86ED445B09D0_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_0A716E2EE39D91F3AA4E86ED445B09D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaap_EarningsPerShareBasic_0A716E2EE39D91F3AA4E86ED445B09D0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasic_0A716E2EE39D91F3AA4E86ED445B09D0" xlink:to="lab_us-gaap_EarningsPerShareBasic_0A716E2EE39D91F3AA4E86ED445B09D0" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareDiluted_5F093E2DF6F5CBA5D00C86ED445B8765_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_5F093E2DF6F5CBA5D00C86ED445B8765" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Diluted (USD per share)</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareDiluted_5F093E2DF6F5CBA5D00C86ED445B8765_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_5F093E2DF6F5CBA5D00C86ED445B8765" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaap_EarningsPerShareDiluted_5F093E2DF6F5CBA5D00C86ED445B8765" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareDiluted_5F093E2DF6F5CBA5D00C86ED445B8765" xlink:to="lab_us-gaap_EarningsPerShareDiluted_5F093E2DF6F5CBA5D00C86ED445B8765" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_465BE6614E08D6261CBC86ED447A3F00_label_en-US" xlink:label="lab_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_465BE6614E08D6261CBC86ED447A3F00" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Compensation Related Costs, Share-based Payments [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_465BE6614E08D6261CBC86ED447A3F00" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_465BE6614E08D6261CBC86ED447A3F00" xlink:to="lab_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_465BE6614E08D6261CBC86ED447A3F00" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_49CAADFD1D8C550634D186ED447A226D_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_49CAADFD1D8C550634D186ED447A226D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_49CAADFD1D8C550634D186ED447A226D_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_49CAADFD1D8C550634D186ED447A226D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_49CAADFD1D8C550634D186ED447A226D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_49CAADFD1D8C550634D186ED447A226D" xlink:to="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_49CAADFD1D8C550634D186ED447A226D" xlink:type="arc" />
    <link:label id="lab_us-gaap_RangeAxis_BDF154DD78C16AE01B4786ED447A9F0F_terseLabel_en-US" xlink:label="lab_us-gaap_RangeAxis_BDF154DD78C16AE01B4786ED447A9F0F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:label id="lab_us-gaap_RangeAxis_BDF154DD78C16AE01B4786ED447A9F0F_label_en-US" xlink:label="lab_us-gaap_RangeAxis_BDF154DD78C16AE01B4786ED447A9F0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="loc_us-gaap_RangeAxis_BDF154DD78C16AE01B4786ED447A9F0F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeAxis_BDF154DD78C16AE01B4786ED447A9F0F" xlink:to="lab_us-gaap_RangeAxis_BDF154DD78C16AE01B4786ED447A9F0F" xlink:type="arc" />
    <link:label id="lab_us-gaap_RangeMember_C0F5C2408074F2872CE686ED447ACBE3_terseLabel_en-US" xlink:label="lab_us-gaap_RangeMember_C0F5C2408074F2872CE686ED447ACBE3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:label id="lab_us-gaap_RangeMember_C0F5C2408074F2872CE686ED447ACBE3_label_en-US" xlink:label="lab_us-gaap_RangeMember_C0F5C2408074F2872CE686ED447ACBE3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="loc_us-gaap_RangeMember_C0F5C2408074F2872CE686ED447ACBE3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeMember_C0F5C2408074F2872CE686ED447ACBE3" xlink:to="lab_us-gaap_RangeMember_C0F5C2408074F2872CE686ED447ACBE3" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinimumMember_A5F1C51F3632F30A97BC86ED447AD05F_terseLabel_en-US" xlink:label="lab_us-gaap_MinimumMember_A5F1C51F3632F30A97BC86ED447AD05F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum</link:label>
    <link:label id="lab_us-gaap_MinimumMember_A5F1C51F3632F30A97BC86ED447AD05F_label_en-US" xlink:label="lab_us-gaap_MinimumMember_A5F1C51F3632F30A97BC86ED447AD05F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="loc_us-gaap_MinimumMember_A5F1C51F3632F30A97BC86ED447AD05F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinimumMember_A5F1C51F3632F30A97BC86ED447AD05F" xlink:to="lab_us-gaap_MinimumMember_A5F1C51F3632F30A97BC86ED447AD05F" xlink:type="arc" />
    <link:label id="lab_us-gaap_AwardTypeAxis_7424C5BFEEC3BFF4A19B86ED447A6542_terseLabel_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_7424C5BFEEC3BFF4A19B86ED447A6542" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award Type [Axis]</link:label>
    <link:label id="lab_us-gaap_AwardTypeAxis_7424C5BFEEC3BFF4A19B86ED447A6542_label_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_7424C5BFEEC3BFF4A19B86ED447A6542" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Award Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaap_AwardTypeAxis_7424C5BFEEC3BFF4A19B86ED447A6542" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AwardTypeAxis_7424C5BFEEC3BFF4A19B86ED447A6542" xlink:to="lab_us-gaap_AwardTypeAxis_7424C5BFEEC3BFF4A19B86ED447A6542" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_3113EAE8AD9432487AD686ED447AE7CA_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_3113EAE8AD9432487AD686ED447AE7CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Award [Domain]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_3113EAE8AD9432487AD686ED447AE7CA_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_3113EAE8AD9432487AD686ED447AE7CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Award [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_3113EAE8AD9432487AD686ED447AE7CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_3113EAE8AD9432487AD686ED447AE7CA" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_3113EAE8AD9432487AD686ED447AE7CA" xlink:type="arc" />
    <link:label id="lab_dhil_EquityAndCashIncentivePlanMember_89B3DF77291BC8AEED0C86ED447A1542_terseLabel_en-US" xlink:label="lab_dhil_EquityAndCashIncentivePlanMember_89B3DF77291BC8AEED0C86ED447A1542" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2014 Equity and Cash Incentive Plan</link:label>
    <link:label id="lab_dhil_EquityAndCashIncentivePlanMember_89B3DF77291BC8AEED0C86ED447A1542_label_en-US" xlink:label="lab_dhil_EquityAndCashIncentivePlanMember_89B3DF77291BC8AEED0C86ED447A1542" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity and Cash Incentive Plan [Member]</link:label>
    <link:label id="lab_dhil_EquityAndCashIncentivePlanMember_89B3DF77291BC8AEED0C86ED447A1542_documentation_en-US" xlink:label="lab_dhil_EquityAndCashIncentivePlanMember_89B3DF77291BC8AEED0C86ED447A1542" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">2011 equity and cash incentive plan.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EquityAndCashIncentivePlanMember" xlink:label="loc_dhil_EquityAndCashIncentivePlanMember_89B3DF77291BC8AEED0C86ED447A1542" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_EquityAndCashIncentivePlanMember_89B3DF77291BC8AEED0C86ED447A1542" xlink:to="lab_dhil_EquityAndCashIncentivePlanMember_89B3DF77291BC8AEED0C86ED447A1542" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedStockUnitsRSUMember_C27B19008371E556EED586ED447A7F91_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedStockUnitsRSUMember_C27B19008371E556EED586ED447A7F91" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted Stock Units (RSUs)</link:label>
    <link:label id="lab_us-gaap_RestrictedStockUnitsRSUMember_C27B19008371E556EED586ED447A7F91_label_en-US" xlink:label="lab_us-gaap_RestrictedStockUnitsRSUMember_C27B19008371E556EED586ED447A7F91" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Stock Units (RSUs) [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestrictedStockUnitsRSUMember" xlink:label="loc_us-gaap_RestrictedStockUnitsRSUMember_C27B19008371E556EED586ED447A7F91" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedStockUnitsRSUMember_C27B19008371E556EED586ED447A7F91" xlink:to="lab_us-gaap_RestrictedStockUnitsRSUMember_C27B19008371E556EED586ED447A7F91" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_B1FF94006BA3A186916D86ED447AADAB_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_B1FF94006BA3A186916D86ED447AADAB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common shares available for issuance (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_B1FF94006BA3A186916D86ED447AADAB_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_B1FF94006BA3A186916D86ED447AADAB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_B1FF94006BA3A186916D86ED447AADAB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_B1FF94006BA3A186916D86ED447AADAB" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_B1FF94006BA3A186916D86ED447AADAB" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredCompensationEquity_DE2B6C3A950D84D6728E86ED447ADDB5_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredCompensationEquity_DE2B6C3A950D84D6728E86ED447ADDB5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred Compensation Equity</link:label>
    <link:label id="lab_us-gaap_DeferredCompensationEquity_DE2B6C3A950D84D6728E86ED447ADDB5_label_en-US" xlink:label="lab_us-gaap_DeferredCompensationEquity_DE2B6C3A950D84D6728E86ED447ADDB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Compensation Equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationEquity" xlink:label="loc_us-gaap_DeferredCompensationEquity_DE2B6C3A950D84D6728E86ED447ADDB5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredCompensationEquity_DE2B6C3A950D84D6728E86ED447ADDB5" xlink:to="lab_us-gaap_DeferredCompensationEquity_DE2B6C3A950D84D6728E86ED447ADDB5" xlink:type="arc" />
    <link:label id="lab_dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod_02B03270320586B05A5986ED447A443D_terseLabel_en-US" xlink:label="lab_dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod_02B03270320586B05A5986ED447A443D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred Compensation Arrangement, Fully Vested Employee Elected Deferral Period</link:label>
    <link:label id="lab_dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod_02B03270320586B05A5986ED447A443D_label_en-US" xlink:label="lab_dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod_02B03270320586B05A5986ED447A443D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Compensation Arrangement, Fully Vested Employee Elected Deferral Period</link:label>
    <link:label id="lab_dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod_02B03270320586B05A5986ED447A443D_documentation_en-US" xlink:label="lab_dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod_02B03270320586B05A5986ED447A443D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Compensation Arrangement, Fully Vested Employee Elected Deferral Period</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod" xlink:label="loc_dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod_02B03270320586B05A5986ED447A443D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod_02B03270320586B05A5986ED447A443D" xlink:to="lab_dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod_02B03270320586B05A5986ED447A443D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_A9279DB68A1FF6A89EBB86ED447AE801_verboseLabel_en-US" xlink:label="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_A9279DB68A1FF6A89EBB86ED447AE801" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Deferred compensation liability</link:label>
    <link:label id="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_A9279DB68A1FF6A89EBB86ED447AE801_label_en-US" xlink:label="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_A9279DB68A1FF6A89EBB86ED447AE801" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Compensation Liability, Current and Noncurrent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent" xlink:label="loc_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_A9279DB68A1FF6A89EBB86ED447AE801" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_A9279DB68A1FF6A89EBB86ED447AE801" xlink:to="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_A9279DB68A1FF6A89EBB86ED447AE801" xlink:type="arc" />
    <link:label id="lab_us-gaap_LeasesAbstract_FDFBFA3B71FB08DDDD198B8BB47EA1DD_label_en-US" xlink:label="lab_us-gaap_LeasesAbstract_FDFBFA3B71FB08DDDD198B8BB47EA1DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leases [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LeasesAbstract" xlink:label="loc_us-gaap_LeasesAbstract_FDFBFA3B71FB08DDDD198B8BB47EA1DD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LeasesAbstract_FDFBFA3B71FB08DDDD198B8BB47EA1DD" xlink:to="lab_us-gaap_LeasesAbstract_FDFBFA3B71FB08DDDD198B8BB47EA1DD" xlink:type="arc" />
    <link:label id="lab_dhil_LesseeLeasingAgreementsOperatingLeasesAreaunderLease_302D17C452CB945BC3248B8BB47E3D15_terseLabel_en-US" xlink:label="lab_dhil_LesseeLeasingAgreementsOperatingLeasesAreaunderLease_302D17C452CB945BC3248B8BB47E3D15" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Area of operating lease</link:label>
    <link:label id="lab_dhil_LesseeLeasingAgreementsOperatingLeasesAreaunderLease_302D17C452CB945BC3248B8BB47E3D15_label_en-US" xlink:label="lab_dhil_LesseeLeasingAgreementsOperatingLeasesAreaunderLease_302D17C452CB945BC3248B8BB47E3D15" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lessee Leasing Agreements, Operating Leases, Area under Lease</link:label>
    <link:label id="lab_dhil_LesseeLeasingAgreementsOperatingLeasesAreaunderLease_302D17C452CB945BC3248B8BB47E3D15_documentation_en-US" xlink:label="lab_dhil_LesseeLeasingAgreementsOperatingLeasesAreaunderLease_302D17C452CB945BC3248B8BB47E3D15" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Lessee Leasing Agreements, Operating Leases, Area under Lease</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_LesseeLeasingAgreementsOperatingLeasesAreaunderLease" xlink:label="loc_dhil_LesseeLeasingAgreementsOperatingLeasesAreaunderLease_302D17C452CB945BC3248B8BB47E3D15" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_LesseeLeasingAgreementsOperatingLeasesAreaunderLease_302D17C452CB945BC3248B8BB47E3D15" xlink:to="lab_dhil_LesseeLeasingAgreementsOperatingLeasesAreaunderLease_302D17C452CB945BC3248B8BB47E3D15" xlink:type="arc" />
    <link:label id="lab_dhil_LesseeLeasingAgreementsOperatingLeasesLocations_FE8C05BB78AE1881CAD78B8BB47EA0B1_terseLabel_en-US" xlink:label="lab_dhil_LesseeLeasingAgreementsOperatingLeasesLocations_FE8C05BB78AE1881CAD78B8BB47EA0B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of office space locations</link:label>
    <link:label id="lab_dhil_LesseeLeasingAgreementsOperatingLeasesLocations_FE8C05BB78AE1881CAD78B8BB47EA0B1_label_en-US" xlink:label="lab_dhil_LesseeLeasingAgreementsOperatingLeasesLocations_FE8C05BB78AE1881CAD78B8BB47EA0B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lessee Leasing Agreements, Operating Leases, Locations</link:label>
    <link:label id="lab_dhil_LesseeLeasingAgreementsOperatingLeasesLocations_FE8C05BB78AE1881CAD78B8BB47EA0B1_documentation_en-US" xlink:label="lab_dhil_LesseeLeasingAgreementsOperatingLeasesLocations_FE8C05BB78AE1881CAD78B8BB47EA0B1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Lessee Leasing Agreements, Operating Leases, Locations</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_LesseeLeasingAgreementsOperatingLeasesLocations" xlink:label="loc_dhil_LesseeLeasingAgreementsOperatingLeasesLocations_FE8C05BB78AE1881CAD78B8BB47EA0B1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_LesseeLeasingAgreementsOperatingLeasesLocations_FE8C05BB78AE1881CAD78B8BB47EA0B1" xlink:to="lab_dhil_LesseeLeasingAgreementsOperatingLeasesLocations_FE8C05BB78AE1881CAD78B8BB47EA0B1" xlink:type="arc" />
    <link:label id="lab_dhil_OperatingLeaseExpenseExcludingRent_C4300FC3C88DEC15F4018B8BB47E2453_terseLabel_en-US" xlink:label="lab_dhil_OperatingLeaseExpenseExcludingRent_C4300FC3C88DEC15F4018B8BB47E2453" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating lease expense excluding rent</link:label>
    <link:label id="lab_dhil_OperatingLeaseExpenseExcludingRent_C4300FC3C88DEC15F4018B8BB47E2453_label_en-US" xlink:label="lab_dhil_OperatingLeaseExpenseExcludingRent_C4300FC3C88DEC15F4018B8BB47E2453" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Lease Expense Excluding Rent</link:label>
    <link:label id="lab_dhil_OperatingLeaseExpenseExcludingRent_C4300FC3C88DEC15F4018B8BB47E2453_documentation_en-US" xlink:label="lab_dhil_OperatingLeaseExpenseExcludingRent_C4300FC3C88DEC15F4018B8BB47E2453" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Operating Lease Expense Excluding Rent</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_OperatingLeaseExpenseExcludingRent" xlink:label="loc_dhil_OperatingLeaseExpenseExcludingRent_C4300FC3C88DEC15F4018B8BB47E2453" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_OperatingLeaseExpenseExcludingRent_C4300FC3C88DEC15F4018B8BB47E2453" xlink:to="lab_dhil_OperatingLeaseExpenseExcludingRent_C4300FC3C88DEC15F4018B8BB47E2453" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountingPoliciesAbstract_891AF4E247FAE97D80B39C28F63CC84E_label_en-US" xlink:label="lab_us-gaap_AccountingPoliciesAbstract_891AF4E247FAE97D80B39C28F63CC84E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Policies [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_891AF4E247FAE97D80B39C28F63CC84E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_891AF4E247FAE97D80B39C28F63CC84E" xlink:to="lab_us-gaap_AccountingPoliciesAbstract_891AF4E247FAE97D80B39C28F63CC84E" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_27587CEA2568E6CD8E469C28F63C34BC_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_27587CEA2568E6CD8E469C28F63C34BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Measurements, Recurring and Nonrecurring [Table]</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_27587CEA2568E6CD8E469C28F63C34BC_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_27587CEA2568E6CD8E469C28F63C34BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Measurements, Recurring and Nonrecurring [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_27587CEA2568E6CD8E469C28F63C34BC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_27587CEA2568E6CD8E469C28F63C34BC" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_27587CEA2568E6CD8E469C28F63C34BC" xlink:type="arc" />
    <link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18ECF56DA366FBDFEF579C28F63C4EA8_terseLabel_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18ECF56DA366FBDFEF579C28F63C4EA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Major Types of Debt and Equity Securities [Axis]</link:label>
    <link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18ECF56DA366FBDFEF579C28F63C4EA8_label_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18ECF56DA366FBDFEF579C28F63C4EA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Major Types of Debt and Equity Securities [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18ECF56DA366FBDFEF579C28F63C4EA8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18ECF56DA366FBDFEF579C28F63C4EA8" xlink:to="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18ECF56DA366FBDFEF579C28F63C4EA8" xlink:type="arc" />
    <link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_568C2D2338F1B84131809C28F6413C3F_terseLabel_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_568C2D2338F1B84131809C28F6413C3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Major Types of Debt and Equity Securities [Domain]</link:label>
    <link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_568C2D2338F1B84131809C28F6413C3F_label_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_568C2D2338F1B84131809C28F6413C3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Major Types of Debt and Equity Securities [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_568C2D2338F1B84131809C28F6413C3F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_568C2D2338F1B84131809C28F6413C3F" xlink:to="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_568C2D2338F1B84131809C28F6413C3F" xlink:type="arc" />
    <link:label id="lab_dhil_SeedCapitalInvestmentsMember_4F4C82E3EBCDB91408B09C28F642C85B_terseLabel_en-US" xlink:label="lab_dhil_SeedCapitalInvestmentsMember_4F4C82E3EBCDB91408B09C28F642C85B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Company sponsored investments</link:label>
    <link:label id="lab_dhil_SeedCapitalInvestmentsMember_4F4C82E3EBCDB91408B09C28F642C85B_label_en-US" xlink:label="lab_dhil_SeedCapitalInvestmentsMember_4F4C82E3EBCDB91408B09C28F642C85B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Seed Capital Investments [Member]</link:label>
    <link:label id="lab_dhil_SeedCapitalInvestmentsMember_4F4C82E3EBCDB91408B09C28F642C85B_documentation_en-US" xlink:label="lab_dhil_SeedCapitalInvestmentsMember_4F4C82E3EBCDB91408B09C28F642C85B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Seed Capital Investments [Member]</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_SeedCapitalInvestmentsMember" xlink:label="loc_dhil_SeedCapitalInvestmentsMember_4F4C82E3EBCDB91408B09C28F642C85B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_SeedCapitalInvestmentsMember_4F4C82E3EBCDB91408B09C28F642C85B" xlink:to="lab_dhil_SeedCapitalInvestmentsMember_4F4C82E3EBCDB91408B09C28F642C85B" xlink:type="arc" />
    <link:label id="lab_dhil_SecuritiesheldinConsolidatedFundsMember_04C60F58A0389ED670C49C28F6428239_verboseLabel_en-US" xlink:label="lab_dhil_SecuritiesheldinConsolidatedFundsMember_04C60F58A0389ED670C49C28F6428239" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Securities held in Consolidated Funds</link:label>
    <link:label id="lab_dhil_SecuritiesheldinConsolidatedFundsMember_04C60F58A0389ED670C49C28F6428239_label_en-US" xlink:label="lab_dhil_SecuritiesheldinConsolidatedFundsMember_04C60F58A0389ED670C49C28F6428239" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities held in Consolidated Funds [Member]</link:label>
    <link:label id="lab_dhil_SecuritiesheldinConsolidatedFundsMember_04C60F58A0389ED670C49C28F6428239_documentation_en-US" xlink:label="lab_dhil_SecuritiesheldinConsolidatedFundsMember_04C60F58A0389ED670C49C28F6428239" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities held in Consolidated Funds [Member]</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_SecuritiesheldinConsolidatedFundsMember" xlink:label="loc_dhil_SecuritiesheldinConsolidatedFundsMember_04C60F58A0389ED670C49C28F6428239" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_SecuritiesheldinConsolidatedFundsMember_04C60F58A0389ED670C49C28F6428239" xlink:to="lab_dhil_SecuritiesheldinConsolidatedFundsMember_04C60F58A0389ED670C49C28F6428239" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByMeasurementFrequencyAxis_6E033B79553EC20483049C28F64251B8_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementFrequencyAxis_6E033B79553EC20483049C28F64251B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement Frequency [Axis]</link:label>
    <link:label id="lab_us-gaap_FairValueByMeasurementFrequencyAxis_6E033B79553EC20483049C28F64251B8_label_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementFrequencyAxis_6E033B79553EC20483049C28F64251B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement Frequency [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByMeasurementFrequencyAxis" xlink:label="loc_us-gaap_FairValueByMeasurementFrequencyAxis_6E033B79553EC20483049C28F64251B8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByMeasurementFrequencyAxis_6E033B79553EC20483049C28F64251B8" xlink:to="lab_us-gaap_FairValueByMeasurementFrequencyAxis_6E033B79553EC20483049C28F64251B8" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementFrequencyDomain_0EB8357CB027F2547A609C28F64266E6_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementFrequencyDomain_0EB8357CB027F2547A609C28F64266E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement Frequency [Domain]</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementFrequencyDomain_0EB8357CB027F2547A609C28F64266E6_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementFrequencyDomain_0EB8357CB027F2547A609C28F64266E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement Frequency [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementFrequencyDomain" xlink:label="loc_us-gaap_FairValueMeasurementFrequencyDomain_0EB8357CB027F2547A609C28F64266E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementFrequencyDomain_0EB8357CB027F2547A609C28F64266E6" xlink:to="lab_us-gaap_FairValueMeasurementFrequencyDomain_0EB8357CB027F2547A609C28F64266E6" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_D67663971C0342A6413A9C28F6420336_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_D67663971C0342A6413A9C28F6420336" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Measurements, Recurring</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_D67663971C0342A6413A9C28F6420336_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_D67663971C0342A6413A9C28F6420336" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurements, Recurring [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsRecurringMember" xlink:label="loc_us-gaap_FairValueMeasurementsRecurringMember_D67663971C0342A6413A9C28F6420336" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsRecurringMember_D67663971C0342A6413A9C28F6420336" xlink:to="lab_us-gaap_FairValueMeasurementsRecurringMember_D67663971C0342A6413A9C28F6420336" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_61ED084EFAEADA510EBC9C28F64236F0_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_61ED084EFAEADA510EBC9C28F64236F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Hierarchy [Axis]</link:label>
    <link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_61ED084EFAEADA510EBC9C28F64236F0_label_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_61ED084EFAEADA510EBC9C28F64236F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Hierarchy [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_61ED084EFAEADA510EBC9C28F64236F0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_61ED084EFAEADA510EBC9C28F64236F0" xlink:to="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_61ED084EFAEADA510EBC9C28F64236F0" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Hierarchy [Domain]</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Hierarchy [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28" xlink:to="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel1Member_E68FC093FB60BA7355609C28F642A530_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_E68FC093FB60BA7355609C28F642A530" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 1</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel1Member_E68FC093FB60BA7355609C28F642A530_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_E68FC093FB60BA7355609C28F642A530" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 1 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_E68FC093FB60BA7355609C28F642A530" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel1Member_E68FC093FB60BA7355609C28F642A530" xlink:to="lab_us-gaap_FairValueInputsLevel1Member_E68FC093FB60BA7355609C28F642A530" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel2Member_73331460040BD6395D789C28F64391E2_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_73331460040BD6395D789C28F64391E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 2</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel2Member_73331460040BD6395D789C28F64391E2_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_73331460040BD6395D789C28F64391E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 2 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaap_FairValueInputsLevel2Member_73331460040BD6395D789C28F64391E2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel2Member_73331460040BD6395D789C28F64391E2" xlink:to="lab_us-gaap_FairValueInputsLevel2Member_73331460040BD6395D789C28F64391E2" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel3Member_5749A40BFDCFB12DEC489C28F643B5F5_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_5749A40BFDCFB12DEC489C28F643B5F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 3</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel3Member_5749A40BFDCFB12DEC489C28F643B5F5_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_5749A40BFDCFB12DEC489C28F643B5F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 3 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="loc_us-gaap_FairValueInputsLevel3Member_5749A40BFDCFB12DEC489C28F643B5F5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel3Member_5749A40BFDCFB12DEC489C28F643B5F5" xlink:to="lab_us-gaap_FairValueInputsLevel3Member_5749A40BFDCFB12DEC489C28F643B5F5" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_185B050BA0C3F6CA04719C28F643E4A8_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_185B050BA0C3F6CA04719C28F643E4A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_185B050BA0C3F6CA04719C28F643E4A8_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_185B050BA0C3F6CA04719C28F643E4A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_185B050BA0C3F6CA04719C28F643E4A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_185B050BA0C3F6CA04719C28F643E4A8" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_185B050BA0C3F6CA04719C28F643E4A8" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsFairValueDisclosure_D9129074CB07C26C3B819C28F643FE87_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsFairValueDisclosure_D9129074CB07C26C3B819C28F643FE87" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash equivalents</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsFairValueDisclosure_D9129074CB07C26C3B819C28F643FE87_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsFairValueDisclosure_D9129074CB07C26C3B819C28F643FE87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsFairValueDisclosure" xlink:label="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_D9129074CB07C26C3B819C28F643FE87" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_D9129074CB07C26C3B819C28F643FE87" xlink:to="lab_us-gaap_CashAndCashEquivalentsFairValueDisclosure_D9129074CB07C26C3B819C28F643FE87" xlink:type="arc" />
    <link:label id="lab_us-gaap_TradingSecurities_030AB0415D8B7C245BE19C28F6433204_terseLabel_en-US" xlink:label="lab_us-gaap_TradingSecurities_030AB0415D8B7C245BE19C28F6433204" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading Investments</link:label>
    <link:label id="lab_us-gaap_TradingSecurities_030AB0415D8B7C245BE19C28F6433204_label_en-US" xlink:label="lab_us-gaap_TradingSecurities_030AB0415D8B7C245BE19C28F6433204" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Securities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_030AB0415D8B7C245BE19C28F6433204" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingSecurities_030AB0415D8B7C245BE19C28F6433204" xlink:to="lab_us-gaap_TradingSecurities_030AB0415D8B7C245BE19C28F6433204" xlink:type="arc" />
    <link:label id="lab_dhil_DeferredCompensationInvestmentsFairValueDisclosure_2FB648AE25DE389462189C28F643F993_terseLabel_en-US" xlink:label="lab_dhil_DeferredCompensationInvestmentsFairValueDisclosure_2FB648AE25DE389462189C28F643F993" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred compensation investments</link:label>
    <link:label id="lab_dhil_DeferredCompensationInvestmentsFairValueDisclosure_2FB648AE25DE389462189C28F643F993_label_en-US" xlink:label="lab_dhil_DeferredCompensationInvestmentsFairValueDisclosure_2FB648AE25DE389462189C28F643F993" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Compensation Investments, Fair Value Disclosure</link:label>
    <link:label id="lab_dhil_DeferredCompensationInvestmentsFairValueDisclosure_2FB648AE25DE389462189C28F643F993_documentation_en-US" xlink:label="lab_dhil_DeferredCompensationInvestmentsFairValueDisclosure_2FB648AE25DE389462189C28F643F993" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Compensation Investments, Fair Value Disclosure</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_DeferredCompensationInvestmentsFairValueDisclosure" xlink:label="loc_dhil_DeferredCompensationInvestmentsFairValueDisclosure_2FB648AE25DE389462189C28F643F993" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_DeferredCompensationInvestmentsFairValueDisclosure_2FB648AE25DE389462189C28F643F993" xlink:to="lab_dhil_DeferredCompensationInvestmentsFairValueDisclosure_2FB648AE25DE389462189C28F643F993" xlink:type="arc" />
    <link:label id="lab_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A_terseLabel_en-US" xlink:label="lab_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Organization And Significant Accounting Policies [Table]</link:label>
    <link:label id="lab_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A_label_en-US" xlink:label="lab_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Organization And Significant Accounting Policies [Table]</link:label>
    <link:label id="lab_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A_documentation_en-US" xlink:label="lab_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Organization And Significant Accounting Policies [Table]</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable" xlink:label="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:to="lab_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementEquityComponentsAxis_5CA78070ADFB11FD49359C28F5E9CB41_terseLabel_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_5CA78070ADFB11FD49359C28F5E9CB41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Components [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementEquityComponentsAxis_5CA78070ADFB11FD49359C28F5E9CB41_label_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_5CA78070ADFB11FD49359C28F5E9CB41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Components [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_5CA78070ADFB11FD49359C28F5E9CB41" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_5CA78070ADFB11FD49359C28F5E9CB41" xlink:to="lab_us-gaap_StatementEquityComponentsAxis_5CA78070ADFB11FD49359C28F5E9CB41" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityComponentDomain_ED29325110B5D7BF415D9C28F5E9D79D_terseLabel_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_ED29325110B5D7BF415D9C28F5E9D79D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Component [Domain]</link:label>
    <link:label id="lab_us-gaap_EquityComponentDomain_ED29325110B5D7BF415D9C28F5E9D79D_label_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_ED29325110B5D7BF415D9C28F5E9D79D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Component [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_ED29325110B5D7BF415D9C28F5E9D79D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityComponentDomain_ED29325110B5D7BF415D9C28F5E9D79D" xlink:to="lab_us-gaap_EquityComponentDomain_ED29325110B5D7BF415D9C28F5E9D79D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ParentMember_FB879AFFBA1452DBCD5E9C28F5E98CE6_verboseLabel_en-US" xlink:label="lab_us-gaap_ParentMember_FB879AFFBA1452DBCD5E9C28F5E98CE6" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Parent</link:label>
    <link:label id="lab_us-gaap_ParentMember_FB879AFFBA1452DBCD5E9C28F5E98CE6_label_en-US" xlink:label="lab_us-gaap_ParentMember_FB879AFFBA1452DBCD5E9C28F5E98CE6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Parent [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="loc_us-gaap_ParentMember_FB879AFFBA1452DBCD5E9C28F5E98CE6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ParentMember_FB879AFFBA1452DBCD5E9C28F5E98CE6" xlink:to="lab_us-gaap_ParentMember_FB879AFFBA1452DBCD5E9C28F5E98CE6" xlink:type="arc" />
    <link:label id="lab_us-gaap_NoncontrollingInterestMember_22102C9DF6DDC262E95C9C28F5EA5ABF_terseLabel_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestMember_22102C9DF6DDC262E95C9C28F5EA5ABF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest</link:label>
    <link:label id="lab_us-gaap_NoncontrollingInterestMember_22102C9DF6DDC262E95C9C28F5EA5ABF_label_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestMember_22102C9DF6DDC262E95C9C28F5EA5ABF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="loc_us-gaap_NoncontrollingInterestMember_22102C9DF6DDC262E95C9C28F5EA5ABF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncontrollingInterestMember_22102C9DF6DDC262E95C9C28F5EA5ABF" xlink:to="lab_us-gaap_NoncontrollingInterestMember_22102C9DF6DDC262E95C9C28F5EA5ABF" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionAxis_5CB4E2337B1326781FA79C28F5EA4D76_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionAxis_5CB4E2337B1326781FA79C28F5EA4D76" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Axis]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionAxis_5CB4E2337B1326781FA79C28F5EA4D76_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionAxis_5CB4E2337B1326781FA79C28F5EA4D76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionAxis" xlink:label="loc_us-gaap_RelatedPartyTransactionAxis_5CB4E2337B1326781FA79C28F5EA4D76" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionAxis_5CB4E2337B1326781FA79C28F5EA4D76" xlink:to="lab_us-gaap_RelatedPartyTransactionAxis_5CB4E2337B1326781FA79C28F5EA4D76" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionDomain_1DD3876066BE5E3484829C28F5EAC65F_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDomain_1DD3876066BE5E3484829C28F5EAC65F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Domain]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionDomain_1DD3876066BE5E3484829C28F5EAC65F_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDomain_1DD3876066BE5E3484829C28F5EAC65F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="loc_us-gaap_RelatedPartyTransactionDomain_1DD3876066BE5E3484829C28F5EAC65F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionDomain_1DD3876066BE5E3484829C28F5EAC65F" xlink:to="lab_us-gaap_RelatedPartyTransactionDomain_1DD3876066BE5E3484829C28F5EAC65F" xlink:type="arc" />
    <link:label id="lab_dhil_InvestmentAdvisoryServicesMember_9844F02F0464A8F2CCCB9C28F5EAF5DD_terseLabel_en-US" xlink:label="lab_dhil_InvestmentAdvisoryServicesMember_9844F02F0464A8F2CCCB9C28F5EAF5DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment Advisory Services</link:label>
    <link:label id="lab_dhil_InvestmentAdvisoryServicesMember_9844F02F0464A8F2CCCB9C28F5EAF5DD_label_en-US" xlink:label="lab_dhil_InvestmentAdvisoryServicesMember_9844F02F0464A8F2CCCB9C28F5EAF5DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Advisory Services [Member]</link:label>
    <link:label id="lab_dhil_InvestmentAdvisoryServicesMember_9844F02F0464A8F2CCCB9C28F5EAF5DD_documentation_en-US" xlink:label="lab_dhil_InvestmentAdvisoryServicesMember_9844F02F0464A8F2CCCB9C28F5EAF5DD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment Advisory Services [Member]</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_InvestmentAdvisoryServicesMember" xlink:label="loc_dhil_InvestmentAdvisoryServicesMember_9844F02F0464A8F2CCCB9C28F5EAF5DD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_InvestmentAdvisoryServicesMember_9844F02F0464A8F2CCCB9C28F5EAF5DD" xlink:to="lab_dhil_InvestmentAdvisoryServicesMember_9844F02F0464A8F2CCCB9C28F5EAF5DD" xlink:type="arc" />
    <link:label id="lab_dhil_MutualfundadministrativeservicesMember_0C5A611F28A172B918D99C28F5EA26E5_terseLabel_en-US" xlink:label="lab_dhil_MutualfundadministrativeservicesMember_0C5A611F28A172B918D99C28F5EA26E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mutual fund administrative services</link:label>
    <link:label id="lab_dhil_MutualfundadministrativeservicesMember_0C5A611F28A172B918D99C28F5EA26E5_label_en-US" xlink:label="lab_dhil_MutualfundadministrativeservicesMember_0C5A611F28A172B918D99C28F5EA26E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mutual fund administrative services [Member]</link:label>
    <link:label id="lab_dhil_MutualfundadministrativeservicesMember_0C5A611F28A172B918D99C28F5EA26E5_documentation_en-US" xlink:label="lab_dhil_MutualfundadministrativeservicesMember_0C5A611F28A172B918D99C28F5EA26E5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mutual fund administrative services [Member]</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_MutualfundadministrativeservicesMember" xlink:label="loc_dhil_MutualfundadministrativeservicesMember_0C5A611F28A172B918D99C28F5EA26E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_MutualfundadministrativeservicesMember_0C5A611F28A172B918D99C28F5EA26E5" xlink:to="lab_dhil_MutualfundadministrativeservicesMember_0C5A611F28A172B918D99C28F5EA26E5" xlink:type="arc" />
    <link:label id="lab_us-gaap_MoneyMarketFundsMember_3C00995CBE56F1BC3A8D9C28F5EA5B6A_terseLabel_en-US" xlink:label="lab_us-gaap_MoneyMarketFundsMember_3C00995CBE56F1BC3A8D9C28F5EA5B6A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Money Market Funds</link:label>
    <link:label id="lab_us-gaap_MoneyMarketFundsMember_3C00995CBE56F1BC3A8D9C28F5EA5B6A_label_en-US" xlink:label="lab_us-gaap_MoneyMarketFundsMember_3C00995CBE56F1BC3A8D9C28F5EA5B6A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Money Market Funds [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MoneyMarketFundsMember" xlink:label="loc_us-gaap_MoneyMarketFundsMember_3C00995CBE56F1BC3A8D9C28F5EA5B6A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MoneyMarketFundsMember_3C00995CBE56F1BC3A8D9C28F5EA5B6A" xlink:to="lab_us-gaap_MoneyMarketFundsMember_3C00995CBE56F1BC3A8D9C28F5EA5B6A" xlink:type="arc" />
    <link:label id="lab_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9_terseLabel_en-US" xlink:label="lab_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Organization And Significant Accounting Policies [Line Items]</link:label>
    <link:label id="lab_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9_label_en-US" xlink:label="lab_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Organization And Significant Accounting Policies [Line Items]</link:label>
    <link:label id="lab_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9_documentation_en-US" xlink:label="lab_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Organization And Significant Accounting Policies [Line Items]</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems" xlink:label="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="lab_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:type="arc" />
    <link:label id="lab_us-gaap_NumberOfOperatingSegments_12B847A876C99944D5DC9C28F5EBFAA8_terseLabel_en-US" xlink:label="lab_us-gaap_NumberOfOperatingSegments_12B847A876C99944D5DC9C28F5EBFAA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of business segment</link:label>
    <link:label id="lab_us-gaap_NumberOfOperatingSegments_12B847A876C99944D5DC9C28F5EBFAA8_label_en-US" xlink:label="lab_us-gaap_NumberOfOperatingSegments_12B847A876C99944D5DC9C28F5EBFAA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Operating Segments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="loc_us-gaap_NumberOfOperatingSegments_12B847A876C99944D5DC9C28F5EBFAA8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NumberOfOperatingSegments_12B847A876C99944D5DC9C28F5EBFAA8" xlink:to="lab_us-gaap_NumberOfOperatingSegments_12B847A876C99944D5DC9C28F5EBFAA8" xlink:type="arc" />
    <link:label id="lab_us-gaap_AllowanceForDoubtfulAccountsReceivable_E83424E28F40767F9A3A9C28F5EBFF08_terseLabel_en-US" xlink:label="lab_us-gaap_AllowanceForDoubtfulAccountsReceivable_E83424E28F40767F9A3A9C28F5EBFF08" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Allowance for doubtful accounts</link:label>
    <link:label id="lab_us-gaap_AllowanceForDoubtfulAccountsReceivable_E83424E28F40767F9A3A9C28F5EBFF08_label_en-US" xlink:label="lab_us-gaap_AllowanceForDoubtfulAccountsReceivable_E83424E28F40767F9A3A9C28F5EBFF08" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Allowance for Doubtful Accounts Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AllowanceForDoubtfulAccountsReceivable" xlink:label="loc_us-gaap_AllowanceForDoubtfulAccountsReceivable_E83424E28F40767F9A3A9C28F5EBFF08" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AllowanceForDoubtfulAccountsReceivable_E83424E28F40767F9A3A9C28F5EBFF08" xlink:to="lab_us-gaap_AllowanceForDoubtfulAccountsReceivable_E83424E28F40767F9A3A9C28F5EBFF08" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsReceivableRelatedParties_2BA39FAB1DCE1F0259B79C28F5EB49DC_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsReceivableRelatedParties_2BA39FAB1DCE1F0259B79C28F5EB49DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable, related parties</link:label>
    <link:label id="lab_us-gaap_AccountsReceivableRelatedParties_2BA39FAB1DCE1F0259B79C28F5EB49DC_label_en-US" xlink:label="lab_us-gaap_AccountsReceivableRelatedParties_2BA39FAB1DCE1F0259B79C28F5EB49DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Receivable, Related Parties</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsReceivableRelatedParties" xlink:label="loc_us-gaap_AccountsReceivableRelatedParties_2BA39FAB1DCE1F0259B79C28F5EB49DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsReceivableRelatedParties_2BA39FAB1DCE1F0259B79C28F5EB49DC" xlink:to="lab_us-gaap_AccountsReceivableRelatedParties_2BA39FAB1DCE1F0259B79C28F5EB49DC" xlink:type="arc" />
    <link:label id="lab_dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount_8AC3DE8C80EC3AC50BAC9C28F5ECCC9A_terseLabel_en-US" xlink:label="lab_dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount_8AC3DE8C80EC3AC50BAC9C28F5ECCC9A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfers between fair value levels</link:label>
    <link:label id="lab_dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount_8AC3DE8C80EC3AC50BAC9C28F5ECCC9A_label_en-US" xlink:label="lab_dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount_8AC3DE8C80EC3AC50BAC9C28F5ECCC9A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Transfers Between Level 1, Level 2, or Level 3, Amount</link:label>
    <link:label id="lab_dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount_8AC3DE8C80EC3AC50BAC9C28F5ECCC9A_documentation_en-US" xlink:label="lab_dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount_8AC3DE8C80EC3AC50BAC9C28F5ECCC9A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair Value, Transfers Between Level 1, Level 2, or Level 3, Amount</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount" xlink:label="loc_dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount_8AC3DE8C80EC3AC50BAC9C28F5ECCC9A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount_8AC3DE8C80EC3AC50BAC9C28F5ECCC9A" xlink:to="lab_dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount_8AC3DE8C80EC3AC50BAC9C28F5ECCC9A" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueFromRelatedParties_6C99820B9A10470FA51E9C28F5EC0D35_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueFromRelatedParties_6C99820B9A10470FA51E9C28F5EC0D35" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue from related parties</link:label>
    <link:label id="lab_us-gaap_RevenueFromRelatedParties_6C99820B9A10470FA51E9C28F5EC0D35_label_en-US" xlink:label="lab_us-gaap_RevenueFromRelatedParties_6C99820B9A10470FA51E9C28F5EC0D35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from Related Parties</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenueFromRelatedParties" xlink:label="loc_us-gaap_RevenueFromRelatedParties_6C99820B9A10470FA51E9C28F5EC0D35" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueFromRelatedParties_6C99820B9A10470FA51E9C28F5EC0D35" xlink:to="lab_us-gaap_RevenueFromRelatedParties_6C99820B9A10470FA51E9C28F5EC0D35" xlink:type="arc" />
    <link:label id="lab_dhil_RollingClientInvestmentPerformancePeriod_BA5BE61E32AC803F850D9C28F5F1BD67_terseLabel_en-US" xlink:label="lab_dhil_RollingClientInvestmentPerformancePeriod_BA5BE61E32AC803F850D9C28F5F1BD67" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Client performance period</link:label>
    <link:label id="lab_dhil_RollingClientInvestmentPerformancePeriod_BA5BE61E32AC803F850D9C28F5F1BD67_label_en-US" xlink:label="lab_dhil_RollingClientInvestmentPerformancePeriod_BA5BE61E32AC803F850D9C28F5F1BD67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rolling Client Investment Performance Period</link:label>
    <link:label id="lab_dhil_RollingClientInvestmentPerformancePeriod_BA5BE61E32AC803F850D9C28F5F1BD67_documentation_en-US" xlink:label="lab_dhil_RollingClientInvestmentPerformancePeriod_BA5BE61E32AC803F850D9C28F5F1BD67" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rolling Client Investment Performance Period</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_RollingClientInvestmentPerformancePeriod" xlink:label="loc_dhil_RollingClientInvestmentPerformancePeriod_BA5BE61E32AC803F850D9C28F5F1BD67" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_RollingClientInvestmentPerformancePeriod_BA5BE61E32AC803F850D9C28F5F1BD67" xlink:to="lab_dhil_RollingClientInvestmentPerformancePeriod_BA5BE61E32AC803F850D9C28F5F1BD67" xlink:type="arc" />
    <link:label id="lab_us-gaap_PerformanceFees_536792B2544732E41C099C28F5F28AFF_terseLabel_en-US" xlink:label="lab_us-gaap_PerformanceFees_536792B2544732E41C099C28F5F28AFF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Performance incentive fees</link:label>
    <link:label id="lab_us-gaap_PerformanceFees_536792B2544732E41C099C28F5F28AFF_label_en-US" xlink:label="lab_us-gaap_PerformanceFees_536792B2544732E41C099C28F5F28AFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Performance Fees</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PerformanceFees" xlink:label="loc_us-gaap_PerformanceFees_536792B2544732E41C099C28F5F28AFF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PerformanceFees_536792B2544732E41C099C28F5F28AFF" xlink:to="lab_us-gaap_PerformanceFees_536792B2544732E41C099C28F5F28AFF" xlink:type="arc" />
    <link:label id="lab_dhil_AdvanceCommissionsAmortizationPeriod_3870190ED6B929F5C80C9C28F5F238F4_terseLabel_en-US" xlink:label="lab_dhil_AdvanceCommissionsAmortizationPeriod_3870190ED6B929F5C80C9C28F5F238F4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance commissions amortization period</link:label>
    <link:label id="lab_dhil_AdvanceCommissionsAmortizationPeriod_3870190ED6B929F5C80C9C28F5F238F4_label_en-US" xlink:label="lab_dhil_AdvanceCommissionsAmortizationPeriod_3870190ED6B929F5C80C9C28F5F238F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advance Commissions Amortization Period</link:label>
    <link:label id="lab_dhil_AdvanceCommissionsAmortizationPeriod_3870190ED6B929F5C80C9C28F5F238F4_documentation_en-US" xlink:label="lab_dhil_AdvanceCommissionsAmortizationPeriod_3870190ED6B929F5C80C9C28F5F238F4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advance commissions amortization period.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_AdvanceCommissionsAmortizationPeriod" xlink:label="loc_dhil_AdvanceCommissionsAmortizationPeriod_3870190ED6B929F5C80C9C28F5F238F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_AdvanceCommissionsAmortizationPeriod_3870190ED6B929F5C80C9C28F5F238F4" xlink:to="lab_dhil_AdvanceCommissionsAmortizationPeriod_3870190ED6B929F5C80C9C28F5F238F4" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilityForUncertainTaxPositionsCurrent_38E7D3948881F09F77C29C28F5F26F07_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilityForUncertainTaxPositionsCurrent_38E7D3948881F09F77C29C28F5F26F07" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liability for uncertain tax positions</link:label>
    <link:label id="lab_us-gaap_LiabilityForUncertainTaxPositionsCurrent_38E7D3948881F09F77C29C28F5F26F07_label_en-US" xlink:label="lab_us-gaap_LiabilityForUncertainTaxPositionsCurrent_38E7D3948881F09F77C29C28F5F26F07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liability for Uncertainty in Income Taxes, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForUncertainTaxPositionsCurrent" xlink:label="loc_us-gaap_LiabilityForUncertainTaxPositionsCurrent_38E7D3948881F09F77C29C28F5F26F07" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilityForUncertainTaxPositionsCurrent_38E7D3948881F09F77C29C28F5F26F07" xlink:to="lab_us-gaap_LiabilityForUncertainTaxPositionsCurrent_38E7D3948881F09F77C29C28F5F26F07" xlink:type="arc" />
    <link:label id="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent_29C23034CE8255D06D0486ED44B8F182_terseLabel_en-US" xlink:label="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent_29C23034CE8255D06D0486ED44B8F182" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2017 (Remaining Period)</link:label>
    <link:label id="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent_29C23034CE8255D06D0486ED44B8F182_label_en-US" xlink:label="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent_29C23034CE8255D06D0486ED44B8F182" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share Based Compensation Nonvested Awards Compensation Cost Not Yet Recognized Current</link:label>
    <link:label id="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent_29C23034CE8255D06D0486ED44B8F182_documentation_en-US" xlink:label="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent_29C23034CE8255D06D0486ED44B8F182" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee service share based compensation nonvested awards compensation cost not yet recognized current.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent_29C23034CE8255D06D0486ED44B8F182" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent_29C23034CE8255D06D0486ED44B8F182" xlink:to="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent_29C23034CE8255D06D0486ED44B8F182" xlink:type="arc" />
    <link:label id="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne_4E2BE4EA925C132EFD7886ED44B88836_terseLabel_en-US" xlink:label="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne_4E2BE4EA925C132EFD7886ED44B88836" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2018</link:label>
    <link:label id="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne_4E2BE4EA925C132EFD7886ED44B88836_label_en-US" xlink:label="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne_4E2BE4EA925C132EFD7886ED44B88836" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share Based Compensation Nonvested Awards Compensation Cost Not Yet Recognized in Year One</link:label>
    <link:label id="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne_4E2BE4EA925C132EFD7886ED44B88836_documentation_en-US" xlink:label="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne_4E2BE4EA925C132EFD7886ED44B88836" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee service share based compensation nonvested awards compensation cost not yet recognized in year one.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne_4E2BE4EA925C132EFD7886ED44B88836" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne_4E2BE4EA925C132EFD7886ED44B88836" xlink:to="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne_4E2BE4EA925C132EFD7886ED44B88836" xlink:type="arc" />
    <link:label id="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo_8F77F4504F48A26B97B186ED44B8B147_terseLabel_en-US" xlink:label="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo_8F77F4504F48A26B97B186ED44B8B147" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2019</link:label>
    <link:label id="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo_8F77F4504F48A26B97B186ED44B8B147_label_en-US" xlink:label="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo_8F77F4504F48A26B97B186ED44B8B147" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share Based Compensation Nonvested Awards Compensation Cost Not Yet Recognized in Year Two</link:label>
    <link:label id="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo_8F77F4504F48A26B97B186ED44B8B147_documentation_en-US" xlink:label="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo_8F77F4504F48A26B97B186ED44B8B147" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee service share based compensation nonvested awards compensation cost not yet recognized in year two.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo_8F77F4504F48A26B97B186ED44B8B147" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo_8F77F4504F48A26B97B186ED44B8B147" xlink:to="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo_8F77F4504F48A26B97B186ED44B8B147" xlink:type="arc" />
    <link:label id="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree_D86165DAEFC9658449CC86ED44B862E4_terseLabel_en-US" xlink:label="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree_D86165DAEFC9658449CC86ED44B862E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
    <link:label id="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree_D86165DAEFC9658449CC86ED44B862E4_label_en-US" xlink:label="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree_D86165DAEFC9658449CC86ED44B862E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share Based Compensation Nonvested Awards Compensation Cost Not Yet Recognized in Year Three</link:label>
    <link:label id="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree_D86165DAEFC9658449CC86ED44B862E4_documentation_en-US" xlink:label="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree_D86165DAEFC9658449CC86ED44B862E4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee service share based compensation nonvested awards compensation cost not yet recognized in year three.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree_D86165DAEFC9658449CC86ED44B862E4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree_D86165DAEFC9658449CC86ED44B862E4" xlink:to="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree_D86165DAEFC9658449CC86ED44B862E4" xlink:type="arc" />
    <link:label id="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour_036B26F580138BCBC49286ED44B8D1BB_terseLabel_en-US" xlink:label="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour_036B26F580138BCBC49286ED44B8D1BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2021</link:label>
    <link:label id="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour_036B26F580138BCBC49286ED44B8D1BB_label_en-US" xlink:label="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour_036B26F580138BCBC49286ED44B8D1BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share Based Compensation Nonvested Awards Compensation Cost Not Yet Recognized in Year Four</link:label>
    <link:label id="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour_036B26F580138BCBC49286ED44B8D1BB_documentation_en-US" xlink:label="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour_036B26F580138BCBC49286ED44B8D1BB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee service share based compensation nonvested awards compensation cost not yet recognized in year four</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour_036B26F580138BCBC49286ED44B8D1BB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour_036B26F580138BCBC49286ED44B8D1BB" xlink:to="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour_036B26F580138BCBC49286ED44B8D1BB" xlink:type="arc" />
    <link:label id="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive_78B1B56CE5698C4AA98786ED44B8BC88_terseLabel_en-US" xlink:label="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive_78B1B56CE5698C4AA98786ED44B8BC88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Thereafter</link:label>
    <link:label id="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive_78B1B56CE5698C4AA98786ED44B8BC88_label_en-US" xlink:label="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive_78B1B56CE5698C4AA98786ED44B8BC88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share Based Compensation Nonvested Awards Compensation Cost Not Yet Recognized in Year Five</link:label>
    <link:label id="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive_78B1B56CE5698C4AA98786ED44B8BC88_documentation_en-US" xlink:label="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive_78B1B56CE5698C4AA98786ED44B8BC88" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee service share based compensation nonvested awards compensation cost not yet recognized in year five.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive_78B1B56CE5698C4AA98786ED44B8BC88" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive_78B1B56CE5698C4AA98786ED44B8BC88" xlink:to="lab_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive_78B1B56CE5698C4AA98786ED44B8BC88" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_AEA61AB25CB30C1BA69286ED44B8B81C_totalLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_AEA61AB25CB30C1BA69286ED44B8B81C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_AEA61AB25CB30C1BA69286ED44B8B81C_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_AEA61AB25CB30C1BA69286ED44B8B81C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_AEA61AB25CB30C1BA69286ED44B8B81C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_AEA61AB25CB30C1BA69286ED44B8B81C" xlink:to="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_AEA61AB25CB30C1BA69286ED44B8B81C" xlink:type="arc" />
    <link:label id="lab_us-gaap_SignificantAccountingPoliciesTextBlock_B47A0FC645E5E87D36189D74E446CE5C_terseLabel_en-US" xlink:label="lab_us-gaap_SignificantAccountingPoliciesTextBlock_03B91CB0A4725565A8CE60AA24C7B0FC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Significant Accounting Policies</link:label>
    <link:label id="lab_us-gaap_SignificantAccountingPoliciesTextBlock_B47A0FC645E5E87D36189D74E446CE5C_label_en-US" xlink:label="lab_us-gaap_SignificantAccountingPoliciesTextBlock_03B91CB0A4725565A8CE60AA24C7B0FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Significant Accounting Policies [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="loc_us-gaap_SignificantAccountingPoliciesTextBlock_03B91CB0A4725565A8CE60AA24C7B0FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SignificantAccountingPoliciesTextBlock_03B91CB0A4725565A8CE60AA24C7B0FC" xlink:to="lab_us-gaap_SignificantAccountingPoliciesTextBlock_03B91CB0A4725565A8CE60AA24C7B0FC" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxDisclosureAbstract_96E4690CE5AAA5703DA3AA73034DE283_label_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureAbstract_96E4690CE5AAA5703DA3AA73034DE283" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaap_IncomeTaxDisclosureAbstract_96E4690CE5AAA5703DA3AA73034DE283" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxDisclosureAbstract_96E4690CE5AAA5703DA3AA73034DE283" xlink:to="lab_us-gaap_IncomeTaxDisclosureAbstract_96E4690CE5AAA5703DA3AA73034DE283" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_9AAFA7F47F9AA0B592C3AA73034DF6DB_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_9AAFA7F47F9AA0B592C3AA73034DF6DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax expense (benefit)</link:label>
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_9AAFA7F47F9AA0B592C3AA73034DF6DB_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_9AAFA7F47F9AA0B592C3AA73034DF6DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_9AAFA7F47F9AA0B592C3AA73034DF6DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_9AAFA7F47F9AA0B592C3AA73034DF6DB" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefit_9AAFA7F47F9AA0B592C3AA73034DF6DB" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_3BBAB260282F9ED89011AA73034EDF28_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_3BBAB260282F9ED89011AA73034EDF28" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effective tax rate</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_3BBAB260282F9ED89011AA73034EDF28_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_3BBAB260282F9ED89011AA73034EDF28" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_3BBAB260282F9ED89011AA73034EDF28" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_3BBAB260282F9ED89011AA73034EDF28" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_3BBAB260282F9ED89011AA73034EDF28" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_77AA4B277369F1D3A2B8AA73034EA58B_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_77AA4B277369F1D3A2B8AA73034EA58B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal statutory income tax rate, percent</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_77AA4B277369F1D3A2B8AA73034EA58B_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_77AA4B277369F1D3A2B8AA73034EA58B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_77AA4B277369F1D3A2B8AA73034EA58B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_77AA4B277369F1D3A2B8AA73034EA58B" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_77AA4B277369F1D3A2B8AA73034EA58B" xlink:type="arc" />
    <link:label id="lab_dhil_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_57C37316F8E36EEB87F3AA73034E9052_terseLabel_en-US" xlink:label="lab_dhil_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_57C37316F8E36EEB87F3AA73034E9052" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effective income tax rate reconciliation, share-based compensation, excess tax benefit (tax shortfall), Amount</link:label>
    <link:label id="lab_dhil_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_57C37316F8E36EEB87F3AA73034E9052_label_en-US" xlink:label="lab_dhil_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_57C37316F8E36EEB87F3AA73034E9052" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Share-based Compensation, Excess Tax Benefit (Tax Shortfall), Amount</link:label>
    <link:label id="lab_dhil_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_57C37316F8E36EEB87F3AA73034E9052_documentation_en-US" xlink:label="lab_dhil_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_57C37316F8E36EEB87F3AA73034E9052" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Share-based Compensation, Excess Tax Benefit (Tax Shortfall), Amount</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount" xlink:label="loc_dhil_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_57C37316F8E36EEB87F3AA73034E9052" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_57C37316F8E36EEB87F3AA73034E9052" xlink:to="lab_dhil_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_57C37316F8E36EEB87F3AA73034E9052" xlink:type="arc" />
    <link:label id="lab_dhil_EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount_CBC0D4BD72DB53451BB5AA73034EFA3D_terseLabel_en-US" xlink:label="lab_dhil_EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount_CBC0D4BD72DB53451BB5AA73034EFA3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effective income tax rate reconciliation, tax benefit due to donation of appreciated securities, Amount</link:label>
    <link:label id="lab_dhil_EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount_CBC0D4BD72DB53451BB5AA73034EFA3D_label_en-US" xlink:label="lab_dhil_EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount_CBC0D4BD72DB53451BB5AA73034EFA3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Tax Benefit Due To Donation Of Appreciated Securities, Amount</link:label>
    <link:label id="lab_dhil_EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount_CBC0D4BD72DB53451BB5AA73034EFA3D_documentation_en-US" xlink:label="lab_dhil_EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount_CBC0D4BD72DB53451BB5AA73034EFA3D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Tax Benefit Due To Donation Of Appreciated Securities, Amount</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount" xlink:label="loc_dhil_EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount_CBC0D4BD72DB53451BB5AA73034EFA3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount_CBC0D4BD72DB53451BB5AA73034EFA3D" xlink:to="lab_dhil_EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount_CBC0D4BD72DB53451BB5AA73034EFA3D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsValuationAllowance_D8A16DF7BC52C8149B86AA73034ECACE_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsValuationAllowance_D8A16DF7BC52C8149B86AA73034ECACE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation allowance</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsValuationAllowance_D8A16DF7BC52C8149B86AA73034ECACE_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsValuationAllowance_D8A16DF7BC52C8149B86AA73034ECACE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Valuation Allowance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="loc_us-gaap_DeferredTaxAssetsValuationAllowance_D8A16DF7BC52C8149B86AA73034ECACE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsValuationAllowance_D8A16DF7BC52C8149B86AA73034ECACE" xlink:to="lab_us-gaap_DeferredTaxAssetsValuationAllowance_D8A16DF7BC52C8149B86AA73034ECACE" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_0DA62254AA04F35E30A6AA73034E9E22_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_0DA62254AA04F35E30A6AA73034E9E22" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax effects allocated directly to equity</link:label>
    <link:label id="lab_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_0DA62254AA04F35E30A6AA73034E9E22_label_en-US" xlink:label="lab_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_0DA62254AA04F35E30A6AA73034E9E22" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Effects Allocated Directly to Equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="loc_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_0DA62254AA04F35E30A6AA73034E9E22" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_0DA62254AA04F35E30A6AA73034E9E22" xlink:to="lab_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_0DA62254AA04F35E30A6AA73034E9E22" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_0681A9216DE573E793EC9D74E4751272_label_en-US" xlink:label="lab_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_568859DFF5B155D1AC0848583FBAC3D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments, Debt and Equity Securities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract" xlink:label="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_568859DFF5B155D1AC0848583FBAC3D3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_568859DFF5B155D1AC0848583FBAC3D3" xlink:to="lab_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_568859DFF5B155D1AC0848583FBAC3D3" xlink:type="arc" />
    <link:label id="lab_us-gaap_SummaryInvestmentHoldingsTextBlock_BA1285529DE1895E0F799D74E4754445_terseLabel_en-US" xlink:label="lab_us-gaap_SummaryInvestmentHoldingsTextBlock_CA47D1BE416D5A40B7FE0997F7426A05" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Market Value of Investments</link:label>
    <link:label id="lab_us-gaap_SummaryInvestmentHoldingsTextBlock_BA1285529DE1895E0F799D74E4754445_label_en-US" xlink:label="lab_us-gaap_SummaryInvestmentHoldingsTextBlock_CA47D1BE416D5A40B7FE0997F7426A05" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Summary Investment Holdings [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryInvestmentHoldingsTextBlock" xlink:label="loc_us-gaap_SummaryInvestmentHoldingsTextBlock_CA47D1BE416D5A40B7FE0997F7426A05" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SummaryInvestmentHoldingsTextBlock_CA47D1BE416D5A40B7FE0997F7426A05" xlink:to="lab_us-gaap_SummaryInvestmentHoldingsTextBlock_CA47D1BE416D5A40B7FE0997F7426A05" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentsTextBlock_3EE949F4F6BC5B105F739D74E4757E0D_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsTextBlock_1A68975E11C656E6A08537EC060FEA01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Method Investments</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentsTextBlock_3EE949F4F6BC5B105F739D74E4757E0D_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsTextBlock_1A68975E11C656E6A08537EC060FEA01" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investments [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentsTextBlock" xlink:label="loc_us-gaap_EquityMethodInvestmentsTextBlock_1A68975E11C656E6A08537EC060FEA01" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentsTextBlock_1A68975E11C656E6A08537EC060FEA01" xlink:to="lab_us-gaap_EquityMethodInvestmentsTextBlock_1A68975E11C656E6A08537EC060FEA01" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfCashFlowsAbstract_2B7257985578B53FE33086ED4519C88C_label_en-US" xlink:label="lab_us-gaap_StatementOfCashFlowsAbstract_2B7257985578B53FE33086ED4519C88C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Cash Flows [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="loc_us-gaap_StatementOfCashFlowsAbstract_2B7257985578B53FE33086ED4519C88C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract_2B7257985578B53FE33086ED4519C88C" xlink:to="lab_us-gaap_StatementOfCashFlowsAbstract_2B7257985578B53FE33086ED4519C88C" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_E4FA64232EDC6655A64786ED45192E5D_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_E4FA64232EDC6655A64786ED45192E5D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CASH FLOWS FROM OPERATING ACTIVITIES:</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_E4FA64232EDC6655A64786ED45192E5D_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_E4FA64232EDC6655A64786ED45192E5D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_E4FA64232EDC6655A64786ED45192E5D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_E4FA64232EDC6655A64786ED45192E5D" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_E4FA64232EDC6655A64786ED45192E5D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_163CD18E3DD4DF1B605286ED4519DC88_terseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_163CD18E3DD4DF1B605286ED4519DC88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_163CD18E3DD4DF1B605286ED4519DC88" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_163CD18E3DD4DF1B605286ED4519DC88" xlink:to="lab_us-gaap_ProfitLoss_163CD18E3DD4DF1B605286ED4519DC88" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments to reconcile net income to net cash provided by (used in) operating activities:</link:label>
    <link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D_label_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:to="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:type="arc" />
    <link:label id="lab_us-gaap_Depreciation_34BA4A0C4BFF0E6518E186ED4519EFE4_terseLabel_en-US" xlink:label="lab_us-gaap_Depreciation_34BA4A0C4BFF0E6518E186ED4519EFE4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation</link:label>
    <link:label id="lab_us-gaap_Depreciation_34BA4A0C4BFF0E6518E186ED4519EFE4_label_en-US" xlink:label="lab_us-gaap_Depreciation_34BA4A0C4BFF0E6518E186ED4519EFE4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Depreciation" xlink:label="loc_us-gaap_Depreciation_34BA4A0C4BFF0E6518E186ED4519EFE4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Depreciation_34BA4A0C4BFF0E6518E186ED4519EFE4" xlink:to="lab_us-gaap_Depreciation_34BA4A0C4BFF0E6518E186ED4519EFE4" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensation_8B4B3C877ECF8280031086ED4519F722_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_8B4B3C877ECF8280031086ED4519F722" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensation_8B4B3C877ECF8280031086ED4519F722_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_8B4B3C877ECF8280031086ED4519F722" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_8B4B3C877ECF8280031086ED4519F722" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensation_8B4B3C877ECF8280031086ED4519F722" xlink:to="lab_us-gaap_ShareBasedCompensation_8B4B3C877ECF8280031086ED4519F722" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_63227797363F94D9498186ED4519A23E_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_63227797363F94D9498186ED4519A23E" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">(Increase)/decrease in accounts receivable</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_63227797363F94D9498186ED4519A23E_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_63227797363F94D9498186ED4519A23E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_63227797363F94D9498186ED4519A23E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_63227797363F94D9498186ED4519A23E" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_63227797363F94D9498186ED4519A23E" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_C1C420A5B3226E362AC686ED4519DB1C_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_C1C420A5B3226E362AC686ED4519DB1C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in current income taxes</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_C1C420A5B3226E362AC686ED4519DB1C_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_C1C420A5B3226E362AC686ED4519DB1C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Income Taxes Payable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:label="loc_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_C1C420A5B3226E362AC686ED4519DB1C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_C1C420A5B3226E362AC686ED4519DB1C" xlink:to="lab_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_C1C420A5B3226E362AC686ED4519DB1C" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_64347B9339C1139AEB1186ED451989F1_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_64347B9339C1139AEB1186ED451989F1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Change in deferred income taxes</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_64347B9339C1139AEB1186ED451989F1_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_64347B9339C1139AEB1186ED451989F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Deferred Income Taxes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredIncomeTaxes" xlink:label="loc_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_64347B9339C1139AEB1186ED451989F1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_64347B9339C1139AEB1186ED451989F1" xlink:to="lab_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_64347B9339C1139AEB1186ED451989F1" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnInvestments_7DADCE8BF15CB986AD9686ED4519A1B8_negatedLabel_en-US" xlink:label="lab_us-gaap_GainLossOnInvestments_7DADCE8BF15CB986AD9686ED4519A1B8" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Net gains on investments</link:label>
    <link:label id="lab_us-gaap_GainLossOnInvestments_7DADCE8BF15CB986AD9686ED4519A1B8_label_en-US" xlink:label="lab_us-gaap_GainLossOnInvestments_7DADCE8BF15CB986AD9686ED4519A1B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnInvestments" xlink:label="loc_us-gaap_GainLossOnInvestments_7DADCE8BF15CB986AD9686ED4519A1B8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnInvestments_7DADCE8BF15CB986AD9686ED4519A1B8" xlink:to="lab_us-gaap_GainLossOnInvestments_7DADCE8BF15CB986AD9686ED4519A1B8" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInTradingSecurities_A726F8D94901E052A6B186ED4519DBFA_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInTradingSecurities_A726F8D94901E052A6B186ED4519DBFA" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net change in trading securities held by Consolidated Funds</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInTradingSecurities_A726F8D94901E052A6B186ED4519DBFA_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInTradingSecurities_A726F8D94901E052A6B186ED4519DBFA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Trading Securities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInTradingSecurities" xlink:label="loc_us-gaap_IncreaseDecreaseInTradingSecurities_A726F8D94901E052A6B186ED4519DBFA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInTradingSecurities_A726F8D94901E052A6B186ED4519DBFA" xlink:to="lab_us-gaap_IncreaseDecreaseInTradingSecurities_A726F8D94901E052A6B186ED4519DBFA" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_582C2858DD036310C2B886ED4519AAD9_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_582C2858DD036310C2B886ED4519AAD9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Decrease in accrued incentive compensation</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_582C2858DD036310C2B886ED4519AAD9_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_582C2858DD036310C2B886ED4519AAD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Employee Related Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_582C2858DD036310C2B886ED4519AAD9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_582C2858DD036310C2B886ED4519AAD9" xlink:to="lab_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_582C2858DD036310C2B886ED4519AAD9" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInDeferredCompensation_B52235FF58AF874627FA86ED45193971_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeferredCompensation_B52235FF58AF874627FA86ED45193971" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase in deferred compensation</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInDeferredCompensation_B52235FF58AF874627FA86ED45193971_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeferredCompensation_B52235FF58AF874627FA86ED45193971" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Deferred Compensation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredCompensation" xlink:label="loc_us-gaap_IncreaseDecreaseInDeferredCompensation_B52235FF58AF874627FA86ED45193971" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInDeferredCompensation_B52235FF58AF874627FA86ED45193971" xlink:to="lab_us-gaap_IncreaseDecreaseInDeferredCompensation_B52235FF58AF874627FA86ED45193971" xlink:type="arc" />
    <link:label id="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_1F27B20697CAA431B18386ED45199FF7_negatedLabel_en-US" xlink:label="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_1F27B20697CAA431B18386ED45199FF7" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Excess income tax benefit from share-based compensation</link:label>
    <link:label id="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_1F27B20697CAA431B18386ED45199FF7_label_en-US" xlink:label="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_1F27B20697CAA431B18386ED45199FF7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Excess Tax Benefit from Share-based Compensation, Operating Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities" xlink:label="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_1F27B20697CAA431B18386ED45199FF7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_1F27B20697CAA431B18386ED45199FF7" xlink:to="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_1F27B20697CAA431B18386ED45199FF7" xlink:type="arc" />
    <link:label id="lab_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities_7A5D6CBCEC95721AF1DD86ED4519FE8C_negatedTerseLabel_en-US" xlink:label="lab_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities_7A5D6CBCEC95721AF1DD86ED4519FE8C" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Income tax benefit from dividends paid on restricted stock</link:label>
    <link:label id="lab_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities_7A5D6CBCEC95721AF1DD86ED4519FE8C_label_en-US" xlink:label="lab_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities_7A5D6CBCEC95721AF1DD86ED4519FE8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Benefit From Dividends Paid On Restricted Stock Operating Activities</link:label>
    <link:label id="lab_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities_7A5D6CBCEC95721AF1DD86ED4519FE8C_documentation_en-US" xlink:label="lab_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities_7A5D6CBCEC95721AF1DD86ED4519FE8C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income tax benefit from dividends paid on restricted stock.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities" xlink:label="loc_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities_7A5D6CBCEC95721AF1DD86ED4519FE8C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities_7A5D6CBCEC95721AF1DD86ED4519FE8C" xlink:to="lab_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities_7A5D6CBCEC95721AF1DD86ED4519FE8C" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_757B6D8CBAF95BD515F286ED45198A08_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_757B6D8CBAF95BD515F286ED45198A08" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other changes in assets and liabilities</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_757B6D8CBAF95BD515F286ED45198A08_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_757B6D8CBAF95BD515F286ED45198A08" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Other Operating Assets and Liabilities, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_757B6D8CBAF95BD515F286ED45198A08" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_757B6D8CBAF95BD515F286ED45198A08" xlink:to="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_757B6D8CBAF95BD515F286ED45198A08" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_24C51A343AF4D621382386ED45198DE9_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_24C51A343AF4D621382386ED45198DE9" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by (used in) operating activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_24C51A343AF4D621382386ED45198DE9_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_24C51A343AF4D621382386ED45198DE9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_24C51A343AF4D621382386ED45198DE9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_24C51A343AF4D621382386ED45198DE9" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_24C51A343AF4D621382386ED45198DE9" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8943955C5B2626D382FD86ED4519A158_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8943955C5B2626D382FD86ED4519A158" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CASH FLOWS FROM INVESTING ACTIVITIES:</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8943955C5B2626D382FD86ED4519A158_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8943955C5B2626D382FD86ED4519A158" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8943955C5B2626D382FD86ED4519A158" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8943955C5B2626D382FD86ED4519A158" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8943955C5B2626D382FD86ED4519A158" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_0946B2B3131FAB7D450686ED45191F6E_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_0946B2B3131FAB7D450686ED45191F6E" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Purchase of property and equipment</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_0946B2B3131FAB7D450686ED45191F6E_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_0946B2B3131FAB7D450686ED45191F6E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_0946B2B3131FAB7D450686ED45191F6E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_0946B2B3131FAB7D450686ED45191F6E" xlink:to="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_0946B2B3131FAB7D450686ED45191F6E" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireInvestments_9DB1724978F1D7333F1E86ED4519332D_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireInvestments_9DB1724978F1D7333F1E86ED4519332D" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Purchase of Company sponsored investments</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireInvestments_9DB1724978F1D7333F1E86ED4519332D_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireInvestments_9DB1724978F1D7333F1E86ED4519332D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireInvestments" xlink:label="loc_us-gaap_PaymentsToAcquireInvestments_9DB1724978F1D7333F1E86ED4519332D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireInvestments_9DB1724978F1D7333F1E86ED4519332D" xlink:to="lab_us-gaap_PaymentsToAcquireInvestments_9DB1724978F1D7333F1E86ED4519332D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_82282C4679F01C2AACFF86ED45196E1D_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_82282C4679F01C2AACFF86ED45196E1D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of Company sponsored investments</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_82282C4679F01C2AACFF86ED45196E1D_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_82282C4679F01C2AACFF86ED45196E1D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale, Maturity and Collection of Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments" xlink:label="loc_us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_82282C4679F01C2AACFF86ED45196E1D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_82282C4679F01C2AACFF86ED45196E1D" xlink:to="lab_us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_82282C4679F01C2AACFF86ED45196E1D" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_3545FC637F425495C51A86ED4519A3BD_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_3545FC637F425495C51A86ED4519A3BD" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by (used in) investing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_3545FC637F425495C51A86ED4519A3BD_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_3545FC637F425495C51A86ED4519A3BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_3545FC637F425495C51A86ED4519A3BD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_3545FC637F425495C51A86ED4519A3BD" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_3545FC637F425495C51A86ED4519A3BD" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_7C0769B378A89D75226F86ED451920E6_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_7C0769B378A89D75226F86ED451920E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CASH FLOWS FROM FINANCING ACTIVITIES:</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_7C0769B378A89D75226F86ED451920E6_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_7C0769B378A89D75226F86ED451920E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Financing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_7C0769B378A89D75226F86ED451920E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_7C0769B378A89D75226F86ED451920E6" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_7C0769B378A89D75226F86ED451920E6" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_B4C5219AB0361363815486ED4519B245_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_B4C5219AB0361363815486ED4519B245" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Value of shares withheld related to employee tax withholding</link:label>
    <link:label id="lab_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_B4C5219AB0361363815486ED4519B245_label_en-US" xlink:label="lab_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_B4C5219AB0361363815486ED4519B245" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments Related to Tax Withholding for Share-based Compensation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation" xlink:label="loc_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_B4C5219AB0361363815486ED4519B245" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_B4C5219AB0361363815486ED4519B245" xlink:to="lab_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_B4C5219AB0361363815486ED4519B245" xlink:type="arc" />
    <link:label id="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_BB309ECEC52B07F7F6E686ED4519AD26_terseLabel_en-US" xlink:label="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_BB309ECEC52B07F7F6E686ED4519AD26" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Excess income tax benefit from share-based compensation</link:label>
    <link:label id="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_BB309ECEC52B07F7F6E686ED4519AD26_label_en-US" xlink:label="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_BB309ECEC52B07F7F6E686ED4519AD26" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Excess Tax Benefit from Share-based Compensation, Financing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:label="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_BB309ECEC52B07F7F6E686ED4519AD26" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_BB309ECEC52B07F7F6E686ED4519AD26" xlink:to="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_BB309ECEC52B07F7F6E686ED4519AD26" xlink:type="arc" />
    <link:label id="lab_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities_925DC6153604782A811586ED4519BED6_negatedLabel_en-US" xlink:label="lab_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities_925DC6153604782A811586ED4519BED6" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income tax benefit from dividends paid on restricted stock</link:label>
    <link:label id="lab_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities_925DC6153604782A811586ED4519BED6_label_en-US" xlink:label="lab_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities_925DC6153604782A811586ED4519BED6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Benefit From Dividends Paid On Restricted Stock Financing Activities</link:label>
    <link:label id="lab_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities_925DC6153604782A811586ED4519BED6_documentation_en-US" xlink:label="lab_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities_925DC6153604782A811586ED4519BED6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income tax benefit from dividends paid on restricted stock.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities" xlink:label="loc_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities_925DC6153604782A811586ED4519BED6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities_925DC6153604782A811586ED4519BED6" xlink:to="lab_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities_925DC6153604782A811586ED4519BED6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromPaymentsToMinorityShareholders_B0C65207FD6E4FD4CB1686ED4519B6C8_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsToMinorityShareholders_B0C65207FD6E4FD4CB1686ED4519B6C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net subscriptions received from (redemptions and distributions paid to) redeemable noncontrolling interest holders</link:label>
    <link:label id="lab_us-gaap_ProceedsFromPaymentsToMinorityShareholders_B0C65207FD6E4FD4CB1686ED4519B6C8_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsToMinorityShareholders_B0C65207FD6E4FD4CB1686ED4519B6C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from (Payments to) Noncontrolling Interests</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsToMinorityShareholders" xlink:label="loc_us-gaap_ProceedsFromPaymentsToMinorityShareholders_B0C65207FD6E4FD4CB1686ED4519B6C8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromPaymentsToMinorityShareholders_B0C65207FD6E4FD4CB1686ED4519B6C8" xlink:to="lab_us-gaap_ProceedsFromPaymentsToMinorityShareholders_B0C65207FD6E4FD4CB1686ED4519B6C8" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_28401D8494B88B24F24D86ED4519A1DF_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_28401D8494B88B24F24D86ED4519A1DF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash used in financing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_28401D8494B88B24F24D86ED4519A1DF_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_28401D8494B88B24F24D86ED4519A1DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Financing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_28401D8494B88B24F24D86ED4519A1DF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_28401D8494B88B24F24D86ED4519A1DF" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_28401D8494B88B24F24D86ED4519A1DF" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_BE3AB1CE1CCCFAC2373D86ED4519E0C4_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_BE3AB1CE1CCCFAC2373D86ED4519E0C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CASH AND CASH EQUIVALENTS</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_BE3AB1CE1CCCFAC2373D86ED4519E0C4_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_BE3AB1CE1CCCFAC2373D86ED4519E0C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, at Carrying Value [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_BE3AB1CE1CCCFAC2373D86ED4519E0C4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_BE3AB1CE1CCCFAC2373D86ED4519E0C4" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_BE3AB1CE1CCCFAC2373D86ED4519E0C4" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_8E8B3DF1FB2C3BFD252386ED4519E626_totalLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_8E8B3DF1FB2C3BFD252386ED4519E626" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net change during the period</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_8E8B3DF1FB2C3BFD252386ED4519E626_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_8E8B3DF1FB2C3BFD252386ED4519E626" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, Period Increase (Decrease)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_8E8B3DF1FB2C3BFD252386ED4519E626" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_8E8B3DF1FB2C3BFD252386ED4519E626" xlink:to="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_8E8B3DF1FB2C3BFD252386ED4519E626" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_EECA6BAB72B6003840BD86ED451941E2_periodStartLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_EECA6BAB72B6003840BD86ED451941E2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">At beginning of period</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_EECA6BAB72B6003840BD86ED451941E2_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_EECA6BAB72B6003840BD86ED451941E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, at Carrying Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_EECA6BAB72B6003840BD86ED451941E2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_EECA6BAB72B6003840BD86ED451941E2" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_EECA6BAB72B6003840BD86ED451941E2" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_9225D2BD1C499071329C86ED451930FF_periodEndLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_9225D2BD1C499071329C86ED451930FF" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">At end of period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_9225D2BD1C499071329C86ED451930FF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_9225D2BD1C499071329C86ED451930FF" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_9225D2BD1C499071329C86ED451930FF" xlink:type="arc" />
    <link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_D120D7362D3583DB59A686ED45194851_terseLabel_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract_D120D7362D3583DB59A686ED45194851" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental cash flow information:</link:label>
    <link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_D120D7362D3583DB59A686ED45194851_label_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract_D120D7362D3583DB59A686ED45194851" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplemental Cash Flow Information [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="loc_us-gaap_SupplementalCashFlowInformationAbstract_D120D7362D3583DB59A686ED45194851" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SupplementalCashFlowInformationAbstract_D120D7362D3583DB59A686ED45194851" xlink:to="lab_us-gaap_SupplementalCashFlowInformationAbstract_D120D7362D3583DB59A686ED45194851" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxesPaid_5EFF6D3F7B0E00AB657886ED45196800_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxesPaid_5EFF6D3F7B0E00AB657886ED45196800" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income taxes paid</link:label>
    <link:label id="lab_us-gaap_IncomeTaxesPaid_5EFF6D3F7B0E00AB657886ED45196800_label_en-US" xlink:label="lab_us-gaap_IncomeTaxesPaid_5EFF6D3F7B0E00AB657886ED45196800" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Taxes Paid</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxesPaid" xlink:label="loc_us-gaap_IncomeTaxesPaid_5EFF6D3F7B0E00AB657886ED45196800" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxesPaid_5EFF6D3F7B0E00AB657886ED45196800" xlink:to="lab_us-gaap_IncomeTaxesPaid_5EFF6D3F7B0E00AB657886ED45196800" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_FB5EDB2E92018DAADC7886ED451944FC_terseLabel_en-US" xlink:label="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_FB5EDB2E92018DAADC7886ED451944FC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental disclosure of non-cash transactions:</link:label>
    <link:label id="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_FB5EDB2E92018DAADC7886ED451944FC_label_en-US" xlink:label="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_FB5EDB2E92018DAADC7886ED451944FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract" xlink:label="loc_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_FB5EDB2E92018DAADC7886ED451944FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_FB5EDB2E92018DAADC7886ED451944FC" xlink:to="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_FB5EDB2E92018DAADC7886ED451944FC" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_3C67B5307EF73F480D1186ED4519CB92_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_3C67B5307EF73F480D1186ED4519CB92" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock issued as incentive compensation</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_3C67B5307EF73F480D1186ED4519CB92_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_3C67B5307EF73F480D1186ED4519CB92" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_3C67B5307EF73F480D1186ED4519CB92" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_3C67B5307EF73F480D1186ED4519CB92" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_3C67B5307EF73F480D1186ED4519CB92" xlink:type="arc" />
    <link:label id="lab_dhil_ContributionofInvestmentsandPropertyandEquipment_69D1D7E09F415434BD6E86ED45193D1C_terseLabel_en-US" xlink:label="lab_dhil_ContributionofInvestmentsandPropertyandEquipment_69D1D7E09F415434BD6E86ED45193D1C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Charitable donation of corporate investments and property and equipment</link:label>
    <link:label id="lab_dhil_ContributionofInvestmentsandPropertyandEquipment_69D1D7E09F415434BD6E86ED45193D1C_label_en-US" xlink:label="lab_dhil_ContributionofInvestmentsandPropertyandEquipment_69D1D7E09F415434BD6E86ED45193D1C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contribution of Investments and Property and Equipment</link:label>
    <link:label id="lab_dhil_ContributionofInvestmentsandPropertyandEquipment_69D1D7E09F415434BD6E86ED45193D1C_documentation_en-US" xlink:label="lab_dhil_ContributionofInvestmentsandPropertyandEquipment_69D1D7E09F415434BD6E86ED45193D1C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Value of investments and property and equipment contributed in noncash investing and financing activities.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_ContributionofInvestmentsandPropertyandEquipment" xlink:label="loc_dhil_ContributionofInvestmentsandPropertyandEquipment_69D1D7E09F415434BD6E86ED45193D1C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_ContributionofInvestmentsandPropertyandEquipment_69D1D7E09F415434BD6E86ED45193D1C" xlink:to="lab_dhil_ContributionofInvestmentsandPropertyandEquipment_69D1D7E09F415434BD6E86ED45193D1C" xlink:type="arc" />
    <link:label id="lab_us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification_92DDE9480464A3750EDC86ED4519FCD8_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification_92DDE9480464A3750EDC86ED4519FCD8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cumulative-effect adjustment from the adoption of ASU 2015-02 (Note 2)</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification_92DDE9480464A3750EDC86ED4519FCD8_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification_92DDE9480464A3750EDC86ED4519FCD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification" xlink:label="loc_us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification_92DDE9480464A3750EDC86ED4519FCD8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification_92DDE9480464A3750EDC86ED4519FCD8" xlink:to="lab_us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification_92DDE9480464A3750EDC86ED4519FCD8" xlink:type="arc" />
    <link:label id="lab_dhil_NetissuanceofETFsharesformarketablesecurities_990674B53BE577184C5A86ED45193C5F_terseLabel_en-US" xlink:label="lab_dhil_NetissuanceofETFsharesformarketablesecurities_990674B53BE577184C5A86ED45193C5F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net issuance (redemption) of ETF shares for marketable securities</link:label>
    <link:label id="lab_dhil_NetissuanceofETFsharesformarketablesecurities_990674B53BE577184C5A86ED45193C5F_label_en-US" xlink:label="lab_dhil_NetissuanceofETFsharesformarketablesecurities_990674B53BE577184C5A86ED45193C5F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net issuance of ETF shares for marketable securities</link:label>
    <link:label id="lab_dhil_NetissuanceofETFsharesformarketablesecurities_990674B53BE577184C5A86ED45193C5F_documentation_en-US" xlink:label="lab_dhil_NetissuanceofETFsharesformarketablesecurities_990674B53BE577184C5A86ED45193C5F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Value of ETF shares issued in exchange for marketable securities.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_NetissuanceofETFsharesformarketablesecurities" xlink:label="loc_dhil_NetissuanceofETFsharesformarketablesecurities_990674B53BE577184C5A86ED45193C5F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_NetissuanceofETFsharesformarketablesecurities_990674B53BE577184C5A86ED45193C5F" xlink:to="lab_dhil_NetissuanceofETFsharesformarketablesecurities_990674B53BE577184C5A86ED45193C5F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_D8F4A9EA12511F12892D9D74E446E802_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A231EF6ED59F5E09BFAA94CD99B6ACAC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Computation for Earnings Per Share</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_D8F4A9EA12511F12892D9D74E446E802_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A231EF6ED59F5E09BFAA94CD99B6ACAC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A231EF6ED59F5E09BFAA94CD99B6ACAC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A231EF6ED59F5E09BFAA94CD99B6ACAC" xlink:to="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A231EF6ED59F5E09BFAA94CD99B6ACAC" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementAbstract_F9E01751187585693D0986ED4529A1AE_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_F9E01751187585693D0986ED4529A1AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaap_IncomeStatementAbstract_F9E01751187585693D0986ED4529A1AE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementAbstract_F9E01751187585693D0986ED4529A1AE" xlink:to="lab_us-gaap_IncomeStatementAbstract_F9E01751187585693D0986ED4529A1AE" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenuesAbstract_47000CE03F4FDD0094ED86ED4529B39E_terseLabel_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_47000CE03F4FDD0094ED86ED4529B39E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">REVENUES:</link:label>
    <link:label id="lab_us-gaap_RevenuesAbstract_47000CE03F4FDD0094ED86ED4529B39E_label_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_47000CE03F4FDD0094ED86ED4529B39E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="loc_us-gaap_RevenuesAbstract_47000CE03F4FDD0094ED86ED4529B39E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenuesAbstract_47000CE03F4FDD0094ED86ED4529B39E" xlink:to="lab_us-gaap_RevenuesAbstract_47000CE03F4FDD0094ED86ED4529B39E" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentAdvisoryFees_80940E64EEAC92A2F17F86ED4529A068_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentAdvisoryFees_80940E64EEAC92A2F17F86ED4529A068" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment advisory</link:label>
    <link:label id="lab_us-gaap_InvestmentAdvisoryFees_80940E64EEAC92A2F17F86ED4529A068_label_en-US" xlink:label="lab_us-gaap_InvestmentAdvisoryFees_80940E64EEAC92A2F17F86ED4529A068" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Advisory Fees</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentAdvisoryFees" xlink:label="loc_us-gaap_InvestmentAdvisoryFees_80940E64EEAC92A2F17F86ED4529A068" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentAdvisoryFees_80940E64EEAC92A2F17F86ED4529A068" xlink:to="lab_us-gaap_InvestmentAdvisoryFees_80940E64EEAC92A2F17F86ED4529A068" xlink:type="arc" />
    <link:label id="lab_dhil_RevenueFromAdministrativeServicesNet_5C2683EADF4EED0CC98A86ED45299432_terseLabel_en-US" xlink:label="lab_dhil_RevenueFromAdministrativeServicesNet_5C2683EADF4EED0CC98A86ED45299432" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mutual fund administration, net</link:label>
    <link:label id="lab_dhil_RevenueFromAdministrativeServicesNet_5C2683EADF4EED0CC98A86ED45299432_label_en-US" xlink:label="lab_dhil_RevenueFromAdministrativeServicesNet_5C2683EADF4EED0CC98A86ED45299432" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from Administrative Services Net</link:label>
    <link:label id="lab_dhil_RevenueFromAdministrativeServicesNet_5C2683EADF4EED0CC98A86ED45299432_documentation_en-US" xlink:label="lab_dhil_RevenueFromAdministrativeServicesNet_5C2683EADF4EED0CC98A86ED45299432" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue from administrative services net.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_RevenueFromAdministrativeServicesNet" xlink:label="loc_dhil_RevenueFromAdministrativeServicesNet_5C2683EADF4EED0CC98A86ED45299432" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_RevenueFromAdministrativeServicesNet_5C2683EADF4EED0CC98A86ED45299432" xlink:to="lab_dhil_RevenueFromAdministrativeServicesNet_5C2683EADF4EED0CC98A86ED45299432" xlink:type="arc" />
    <link:label id="lab_us-gaap_Revenues_7F5324FFF99D7A4A410C86ED45290A53_totalLabel_en-US" xlink:label="lab_us-gaap_Revenues_7F5324FFF99D7A4A410C86ED45290A53" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total revenue</link:label>
    <link:label id="lab_us-gaap_Revenues_7F5324FFF99D7A4A410C86ED45290A53_label_en-US" xlink:label="lab_us-gaap_Revenues_7F5324FFF99D7A4A410C86ED45290A53" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_7F5324FFF99D7A4A410C86ED45290A53" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Revenues_7F5324FFF99D7A4A410C86ED45290A53" xlink:to="lab_us-gaap_Revenues_7F5324FFF99D7A4A410C86ED45290A53" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_174D6F1951246A44AA2986ED4529416A_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_174D6F1951246A44AA2986ED4529416A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OPERATING EXPENSES:</link:label>
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_174D6F1951246A44AA2986ED4529416A_label_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_174D6F1951246A44AA2986ED4529416A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="loc_us-gaap_OperatingExpensesAbstract_174D6F1951246A44AA2986ED4529416A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpensesAbstract_174D6F1951246A44AA2986ED4529416A" xlink:to="lab_us-gaap_OperatingExpensesAbstract_174D6F1951246A44AA2986ED4529416A" xlink:type="arc" />
    <link:label id="lab_us-gaap_LaborAndRelatedExpense_81C079A499BAE55EFBDE86ED4529846D_terseLabel_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_81C079A499BAE55EFBDE86ED4529846D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Compensation and related costs</link:label>
    <link:label id="lab_us-gaap_LaborAndRelatedExpense_81C079A499BAE55EFBDE86ED4529846D_label_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_81C079A499BAE55EFBDE86ED4529846D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Labor and Related Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="loc_us-gaap_LaborAndRelatedExpense_81C079A499BAE55EFBDE86ED4529846D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LaborAndRelatedExpense_81C079A499BAE55EFBDE86ED4529846D" xlink:to="lab_us-gaap_LaborAndRelatedExpense_81C079A499BAE55EFBDE86ED4529846D" xlink:type="arc" />
    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpense_FB3983D3432EBD0066CB86ED452964C9_terseLabel_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpense_FB3983D3432EBD0066CB86ED452964C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">General and administrative</link:label>
    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpense_FB3983D3432EBD0066CB86ED452964C9_label_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpense_FB3983D3432EBD0066CB86ED452964C9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">General and Administrative Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_FB3983D3432EBD0066CB86ED452964C9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GeneralAndAdministrativeExpense_FB3983D3432EBD0066CB86ED452964C9" xlink:to="lab_us-gaap_GeneralAndAdministrativeExpense_FB3983D3432EBD0066CB86ED452964C9" xlink:type="arc" />
    <link:label id="lab_us-gaap_SellingAndMarketingExpense_1ACEC76536D68061401686ED4529DCED_terseLabel_en-US" xlink:label="lab_us-gaap_SellingAndMarketingExpense_1ACEC76536D68061401686ED4529DCED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sales and marketing</link:label>
    <link:label id="lab_us-gaap_SellingAndMarketingExpense_1ACEC76536D68061401686ED4529DCED_label_en-US" xlink:label="lab_us-gaap_SellingAndMarketingExpense_1ACEC76536D68061401686ED4529DCED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Selling and Marketing Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SellingAndMarketingExpense" xlink:label="loc_us-gaap_SellingAndMarketingExpense_1ACEC76536D68061401686ED4529DCED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SellingAndMarketingExpense_1ACEC76536D68061401686ED4529DCED" xlink:to="lab_us-gaap_SellingAndMarketingExpense_1ACEC76536D68061401686ED4529DCED" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetManagementCosts_54ECC68B0094501B810F86ED4529E042_terseLabel_en-US" xlink:label="lab_us-gaap_AssetManagementCosts_54ECC68B0094501B810F86ED4529E042" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mutual fund administration</link:label>
    <link:label id="lab_us-gaap_AssetManagementCosts_54ECC68B0094501B810F86ED4529E042_label_en-US" xlink:label="lab_us-gaap_AssetManagementCosts_54ECC68B0094501B810F86ED4529E042" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Management Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetManagementCosts" xlink:label="loc_us-gaap_AssetManagementCosts_54ECC68B0094501B810F86ED4529E042" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetManagementCosts_54ECC68B0094501B810F86ED4529E042" xlink:to="lab_us-gaap_AssetManagementCosts_54ECC68B0094501B810F86ED4529E042" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpenses_06FEA65B48EE047A0D9A86ED4529E7E5_totalLabel_en-US" xlink:label="lab_us-gaap_OperatingExpenses_06FEA65B48EE047A0D9A86ED4529E7E5" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total operating expenses</link:label>
    <link:label id="lab_us-gaap_OperatingExpenses_06FEA65B48EE047A0D9A86ED4529E7E5_label_en-US" xlink:label="lab_us-gaap_OperatingExpenses_06FEA65B48EE047A0D9A86ED4529E7E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses_06FEA65B48EE047A0D9A86ED4529E7E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpenses_06FEA65B48EE047A0D9A86ED4529E7E5" xlink:to="lab_us-gaap_OperatingExpenses_06FEA65B48EE047A0D9A86ED4529E7E5" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingIncomeLoss_EE46434B0BB464B9CA6C86ED4529CC8B_totalLabel_en-US" xlink:label="lab_us-gaap_OperatingIncomeLoss_EE46434B0BB464B9CA6C86ED4529CC8B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">NET OPERATING INCOME</link:label>
    <link:label id="lab_us-gaap_OperatingIncomeLoss_EE46434B0BB464B9CA6C86ED4529CC8B_label_en-US" xlink:label="lab_us-gaap_OperatingIncomeLoss_EE46434B0BB464B9CA6C86ED4529CC8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Income (Loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaap_OperatingIncomeLoss_EE46434B0BB464B9CA6C86ED4529CC8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingIncomeLoss_EE46434B0BB464B9CA6C86ED4529CC8B" xlink:to="lab_us-gaap_OperatingIncomeLoss_EE46434B0BB464B9CA6C86ED4529CC8B" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentIncomeNet_627C080788102006F79786ED45290E55_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentIncomeNet_627C080788102006F79786ED45290E55" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment income, net</link:label>
    <link:label id="lab_us-gaap_InvestmentIncomeNet_627C080788102006F79786ED45290E55_label_en-US" xlink:label="lab_us-gaap_InvestmentIncomeNet_627C080788102006F79786ED45290E55" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Income, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentIncomeNet" xlink:label="loc_us-gaap_InvestmentIncomeNet_627C080788102006F79786ED45290E55" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentIncomeNet_627C080788102006F79786ED45290E55" xlink:to="lab_us-gaap_InvestmentIncomeNet_627C080788102006F79786ED45290E55" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_87D108366BCFB7A45C5E86ED4529BEDF_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_87D108366BCFB7A45C5E86ED4529BEDF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">INCOME BEFORE TAXES</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_87D108366BCFB7A45C5E86ED4529BEDF_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_87D108366BCFB7A45C5E86ED4529BEDF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_87D108366BCFB7A45C5E86ED4529BEDF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_87D108366BCFB7A45C5E86ED4529BEDF" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_87D108366BCFB7A45C5E86ED4529BEDF" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_2E0EDB7E305CA997225086ED45299B51_negatedLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_2E0EDB7E305CA997225086ED45299B51" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income tax expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_2E0EDB7E305CA997225086ED45299B51" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_2E0EDB7E305CA997225086ED45299B51" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefit_2E0EDB7E305CA997225086ED45299B51" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_271963D9E1CFCFF7EFFD86ED4529622E_totalLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_271963D9E1CFCFF7EFFD86ED4529622E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">NET INCOME</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_271963D9E1CFCFF7EFFD86ED4529622E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_271963D9E1CFCFF7EFFD86ED4529622E" xlink:to="lab_us-gaap_ProfitLoss_271963D9E1CFCFF7EFFD86ED4529622E" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareAbstract_FCDD60A7B6C04588BA1A86ED45293216_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareAbstract_FCDD60A7B6C04588BA1A86ED45293216" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings per share attributable to common shareholders</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaap_EarningsPerShareAbstract_FCDD60A7B6C04588BA1A86ED45293216" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareAbstract_FCDD60A7B6C04588BA1A86ED45293216" xlink:to="lab_us-gaap_EarningsPerShareAbstract_FCDD60A7B6C04588BA1A86ED45293216" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_211318769934FDDA035486ED452975CE_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_211318769934FDDA035486ED452975CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Diluted (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_211318769934FDDA035486ED452975CE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_211318769934FDDA035486ED452975CE" xlink:to="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_211318769934FDDA035486ED452975CE" xlink:type="arc" />
    <link:label id="lab_dhil_MutualFundAdministrationAbstract_9788F26EF37D34D2660D9D74E4652013_terseLabel_en-US" xlink:label="lab_dhil_MutualFundAdministrationAbstract_C02099F6793C5CAEAD1A22BEE1B20B46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mutual fund administration:</link:label>
    <link:label id="lab_dhil_MutualFundAdministrationAbstract_9788F26EF37D34D2660D9D74E4652013_label_en-US" xlink:label="lab_dhil_MutualFundAdministrationAbstract_C02099F6793C5CAEAD1A22BEE1B20B46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mutual Fund Administration [Abstract]</link:label>
    <link:label id="lab_dhil_MutualFundAdministrationAbstract_9788F26EF37D34D2660D9D74E4652013_documentation_en-US" xlink:label="lab_dhil_MutualFundAdministrationAbstract_C02099F6793C5CAEAD1A22BEE1B20B46" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mutual fund administration.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_MutualFundAdministrationAbstract" xlink:label="loc_dhil_MutualFundAdministrationAbstract_C02099F6793C5CAEAD1A22BEE1B20B46" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_MutualFundAdministrationAbstract_C02099F6793C5CAEAD1A22BEE1B20B46" xlink:to="lab_dhil_MutualFundAdministrationAbstract_C02099F6793C5CAEAD1A22BEE1B20B46" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdministrativeServicesRevenue_863C311F4308E7F1B5959D74E465F40B_terseLabel_en-US" xlink:label="lab_us-gaap_AdministrativeServicesRevenue_4A0ED8C176F65DEE82613E94FABAFFC9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Administration revenue, gross</link:label>
    <link:label id="lab_us-gaap_AdministrativeServicesRevenue_863C311F4308E7F1B5959D74E465F40B_label_en-US" xlink:label="lab_us-gaap_AdministrativeServicesRevenue_4A0ED8C176F65DEE82613E94FABAFFC9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Administrative Services Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdministrativeServicesRevenue" xlink:label="loc_us-gaap_AdministrativeServicesRevenue_4A0ED8C176F65DEE82613E94FABAFFC9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdministrativeServicesRevenue_4A0ED8C176F65DEE82613E94FABAFFC9" xlink:to="lab_us-gaap_AdministrativeServicesRevenue_4A0ED8C176F65DEE82613E94FABAFFC9" xlink:type="arc" />
    <link:label id="lab_us-gaap_FeesAndCommissions_C9F999A7AEA69A8C1F199D74E4657FA4_terseLabel_en-US" xlink:label="lab_us-gaap_FeesAndCommissions_C4C8B86BC7385371890D972FA68E8045" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">12b-1/service fees and commission revenue received from fund clients</link:label>
    <link:label id="lab_us-gaap_FeesAndCommissions_C9F999A7AEA69A8C1F199D74E4657FA4_label_en-US" xlink:label="lab_us-gaap_FeesAndCommissions_C4C8B86BC7385371890D972FA68E8045" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fees and Commissions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FeesAndCommissions" xlink:label="loc_us-gaap_FeesAndCommissions_C4C8B86BC7385371890D972FA68E8045" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FeesAndCommissions_C4C8B86BC7385371890D972FA68E8045" xlink:to="lab_us-gaap_FeesAndCommissions_C4C8B86BC7385371890D972FA68E8045" xlink:type="arc" />
    <link:label id="lab_dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties_E2A8F346B0E793E7B5379D74E4659A18_negatedLabel_en-US" xlink:label="lab_dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties_38C548D6C5625DCF8B86C83A0787BEB8" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">12b-1/service fees and commission expense payments to third parties</link:label>
    <link:label id="lab_dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties_E2A8F346B0E793E7B5379D74E4659A18_label_en-US" xlink:label="lab_dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties_38C548D6C5625DCF8B86C83A0787BEB8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Service Fees and Commission Expense Payments to Third Parties</link:label>
    <link:label id="lab_dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties_E2A8F346B0E793E7B5379D74E4659A18_documentation_en-US" xlink:label="lab_dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties_38C548D6C5625DCF8B86C83A0787BEB8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Service fees and commission expense payments to third parties.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties" xlink:label="loc_dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties_38C548D6C5625DCF8B86C83A0787BEB8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties_38C548D6C5625DCF8B86C83A0787BEB8" xlink:to="lab_dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties_38C548D6C5625DCF8B86C83A0787BEB8" xlink:type="arc" />
    <link:label id="lab_dhil_FundRelatedExpense_6E2CD3992B695FD347869D74E465D720_negatedLabel_en-US" xlink:label="lab_dhil_FundRelatedExpense_C84FD8C5083851AB9C62AD91D4B56267" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Fund related expense</link:label>
    <link:label id="lab_dhil_FundRelatedExpense_6E2CD3992B695FD347869D74E465D720_label_en-US" xlink:label="lab_dhil_FundRelatedExpense_C84FD8C5083851AB9C62AD91D4B56267" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fund Related Expense</link:label>
    <link:label id="lab_dhil_FundRelatedExpense_6E2CD3992B695FD347869D74E465D720_documentation_en-US" xlink:label="lab_dhil_FundRelatedExpense_C84FD8C5083851AB9C62AD91D4B56267" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fund related expense.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_FundRelatedExpense" xlink:label="loc_dhil_FundRelatedExpense_C84FD8C5083851AB9C62AD91D4B56267" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_FundRelatedExpense_C84FD8C5083851AB9C62AD91D4B56267" xlink:to="lab_dhil_FundRelatedExpense_C84FD8C5083851AB9C62AD91D4B56267" xlink:type="arc" />
    <link:label id="lab_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet_2419E451523DC7B8C61F9D74E46529FD_totalLabel_en-US" xlink:label="lab_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet_D019CF0E8E995033933CF91AA74437A3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Revenue, net of related expenses</link:label>
    <link:label id="lab_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet_2419E451523DC7B8C61F9D74E46529FD_label_en-US" xlink:label="lab_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet_D019CF0E8E995033933CF91AA74437A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from Administrative Services Excluding Financial Activity Net</link:label>
    <link:label id="lab_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet_2419E451523DC7B8C61F9D74E46529FD_documentation_en-US" xlink:label="lab_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet_D019CF0E8E995033933CF91AA74437A3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue from administrative services excluding financial activity net.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet" xlink:label="loc_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet_D019CF0E8E995033933CF91AA74437A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet_D019CF0E8E995033933CF91AA74437A3" xlink:to="lab_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet_D019CF0E8E995033933CF91AA74437A3" xlink:type="arc" />
    <link:label id="lab_dhil_ShareFinancingAbstract_B61D86E97AE6DCDC23BF9D74E465FFD6_terseLabel_en-US" xlink:label="lab_dhil_ShareFinancingAbstract_87A62583BD1C592A85445F44066A046B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">DHCM C-Share financing:</link:label>
    <link:label id="lab_dhil_ShareFinancingAbstract_B61D86E97AE6DCDC23BF9D74E465FFD6_label_en-US" xlink:label="lab_dhil_ShareFinancingAbstract_87A62583BD1C592A85445F44066A046B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Financing [Abstract]</link:label>
    <link:label id="lab_dhil_ShareFinancingAbstract_B61D86E97AE6DCDC23BF9D74E465FFD6_documentation_en-US" xlink:label="lab_dhil_ShareFinancingAbstract_87A62583BD1C592A85445F44066A046B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">DHCM C-Share financing.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_ShareFinancingAbstract" xlink:label="loc_dhil_ShareFinancingAbstract_87A62583BD1C592A85445F44066A046B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_ShareFinancingAbstract_87A62583BD1C592A85445F44066A046B" xlink:to="lab_dhil_ShareFinancingAbstract_87A62583BD1C592A85445F44066A046B" xlink:type="arc" />
    <link:label id="lab_dhil_BrokerCommissionAdvanceRepayments_FE79FF484FDB117DD6CB9D74E465F716_terseLabel_en-US" xlink:label="lab_dhil_BrokerCommissionAdvanceRepayments_9D544A8E389B5A67811A584CAC42BB7C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Broker commission advance repayments</link:label>
    <link:label id="lab_dhil_BrokerCommissionAdvanceRepayments_FE79FF484FDB117DD6CB9D74E465F716_label_en-US" xlink:label="lab_dhil_BrokerCommissionAdvanceRepayments_9D544A8E389B5A67811A584CAC42BB7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Broker Commission Advance Repayments</link:label>
    <link:label id="lab_dhil_BrokerCommissionAdvanceRepayments_FE79FF484FDB117DD6CB9D74E465F716_documentation_en-US" xlink:label="lab_dhil_BrokerCommissionAdvanceRepayments_9D544A8E389B5A67811A584CAC42BB7C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Broker commission advance repayments.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_BrokerCommissionAdvanceRepayments" xlink:label="loc_dhil_BrokerCommissionAdvanceRepayments_9D544A8E389B5A67811A584CAC42BB7C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_BrokerCommissionAdvanceRepayments_9D544A8E389B5A67811A584CAC42BB7C" xlink:to="lab_dhil_BrokerCommissionAdvanceRepayments_9D544A8E389B5A67811A584CAC42BB7C" xlink:type="arc" />
    <link:label id="lab_dhil_BrokerCommissionAmortization_6ADA5D7DAA8FC862E3119D74E4657D53_negatedLabel_en-US" xlink:label="lab_dhil_BrokerCommissionAmortization_72533551286F517CA50F5DAF04168D25" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Broker commission amortization</link:label>
    <link:label id="lab_dhil_BrokerCommissionAmortization_6ADA5D7DAA8FC862E3119D74E4657D53_label_en-US" xlink:label="lab_dhil_BrokerCommissionAmortization_72533551286F517CA50F5DAF04168D25" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Broker Commission Amortization</link:label>
    <link:label id="lab_dhil_BrokerCommissionAmortization_6ADA5D7DAA8FC862E3119D74E4657D53_documentation_en-US" xlink:label="lab_dhil_BrokerCommissionAmortization_72533551286F517CA50F5DAF04168D25" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Broker commission amortization.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_BrokerCommissionAmortization" xlink:label="loc_dhil_BrokerCommissionAmortization_72533551286F517CA50F5DAF04168D25" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_BrokerCommissionAmortization_72533551286F517CA50F5DAF04168D25" xlink:to="lab_dhil_BrokerCommissionAmortization_72533551286F517CA50F5DAF04168D25" xlink:type="arc" />
    <link:label id="lab_dhil_FinancingActivityNet_8B22AD502E377BB27F929D74E465A1B5_totalLabel_en-US" xlink:label="lab_dhil_FinancingActivityNet_8826ADF71AB6574CB9A7EE12A494A539" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Financing activity, net</link:label>
    <link:label id="lab_dhil_FinancingActivityNet_8B22AD502E377BB27F929D74E465A1B5_label_en-US" xlink:label="lab_dhil_FinancingActivityNet_8826ADF71AB6574CB9A7EE12A494A539" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Activity Net</link:label>
    <link:label id="lab_dhil_FinancingActivityNet_8B22AD502E377BB27F929D74E465A1B5_documentation_en-US" xlink:label="lab_dhil_FinancingActivityNet_8826ADF71AB6574CB9A7EE12A494A539" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financing activity, net.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_FinancingActivityNet" xlink:label="loc_dhil_FinancingActivityNet_8826ADF71AB6574CB9A7EE12A494A539" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_FinancingActivityNet_8826ADF71AB6574CB9A7EE12A494A539" xlink:to="lab_dhil_FinancingActivityNet_8826ADF71AB6574CB9A7EE12A494A539" xlink:type="arc" />
    <link:label id="lab_dhil_RevenueFromAdministrativeServicesNet_6BB3281DE1232A1A4DDA9D74E4652787_totalLabel_en-US" xlink:label="lab_dhil_RevenueFromAdministrativeServicesNet_4D6BDA642E76575EAA9FC0FFD35A0B63" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Mutual fund administration revenue, net</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_RevenueFromAdministrativeServicesNet" xlink:label="loc_dhil_RevenueFromAdministrativeServicesNet_4D6BDA642E76575EAA9FC0FFD35A0B63" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_RevenueFromAdministrativeServicesNet_4D6BDA642E76575EAA9FC0FFD35A0B63" xlink:to="lab_dhil_RevenueFromAdministrativeServicesNet_4D6BDA642E76575EAA9FC0FFD35A0B63" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentHoldingsTable_105B0ED4A3495B4B71C386ED44D85094_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentHoldingsTable_105B0ED4A3495B4B71C386ED44D85094" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment Holdings [Table]</link:label>
    <link:label id="lab_us-gaap_InvestmentHoldingsTable_105B0ED4A3495B4B71C386ED44D85094_label_en-US" xlink:label="lab_us-gaap_InvestmentHoldingsTable_105B0ED4A3495B4B71C386ED44D85094" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Holdings [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentHoldingsTable" xlink:label="loc_us-gaap_InvestmentHoldingsTable_105B0ED4A3495B4B71C386ED44D85094" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentHoldingsTable_105B0ED4A3495B4B71C386ED44D85094" xlink:to="lab_us-gaap_InvestmentHoldingsTable_105B0ED4A3495B4B71C386ED44D85094" xlink:type="arc" />
    <link:label id="lab_us-gaap_ParentMember_00200FB75B3D669471B586ED44D8FE61_terseLabel_en-US" xlink:label="lab_us-gaap_ParentMember_00200FB75B3D669471B586ED44D8FE61" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="loc_us-gaap_ParentMember_00200FB75B3D669471B586ED44D8FE61" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ParentMember_00200FB75B3D669471B586ED44D8FE61" xlink:to="lab_us-gaap_ParentMember_00200FB75B3D669471B586ED44D8FE61" xlink:type="arc" />
    <link:label id="lab_us-gaap_NoncontrollingInterestMember_64689F286859CBD2C49986ED44D85AF2_verboseLabel_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestMember_64689F286859CBD2C49986ED44D85AF2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="loc_us-gaap_NoncontrollingInterestMember_64689F286859CBD2C49986ED44D85AF2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncontrollingInterestMember_64689F286859CBD2C49986ED44D85AF2" xlink:to="lab_us-gaap_NoncontrollingInterestMember_64689F286859CBD2C49986ED44D85AF2" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment Holdings [Line Items]</link:label>
    <link:label id="lab_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA_label_en-US" xlink:label="lab_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Holdings [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentHoldingsLineItems" xlink:label="loc_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA" xlink:to="lab_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA" xlink:type="arc" />
    <link:label id="lab_us-gaap_TradingSecurities_E8B7CF6F48C5C34DFFA486ED44D81384_verboseLabel_en-US" xlink:label="lab_us-gaap_TradingSecurities_E8B7CF6F48C5C34DFFA486ED44D81384" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Trading investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_E8B7CF6F48C5C34DFFA486ED44D81384" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingSecurities_E8B7CF6F48C5C34DFFA486ED44D81384" xlink:to="lab_us-gaap_TradingSecurities_E8B7CF6F48C5C34DFFA486ED44D81384" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestments_8B5C10F9E1EECD69C2B086ED44D89658_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestments_8B5C10F9E1EECD69C2B086ED44D89658" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Company sponsored equity method investments</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestments_8B5C10F9E1EECD69C2B086ED44D89658_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestments_8B5C10F9E1EECD69C2B086ED44D89658" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaap_EquityMethodInvestments_8B5C10F9E1EECD69C2B086ED44D89658" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestments_8B5C10F9E1EECD69C2B086ED44D89658" xlink:to="lab_us-gaap_EquityMethodInvestments_8B5C10F9E1EECD69C2B086ED44D89658" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredCompensationPlanAssets_C01B444DC6D137FBA16486ED44D833B2_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredCompensationPlanAssets_C01B444DC6D137FBA16486ED44D833B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred compensation investments</link:label>
    <link:label id="lab_us-gaap_DeferredCompensationPlanAssets_C01B444DC6D137FBA16486ED44D833B2_label_en-US" xlink:label="lab_us-gaap_DeferredCompensationPlanAssets_C01B444DC6D137FBA16486ED44D833B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Compensation Plan Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationPlanAssets" xlink:label="loc_us-gaap_DeferredCompensationPlanAssets_C01B444DC6D137FBA16486ED44D833B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredCompensationPlanAssets_C01B444DC6D137FBA16486ED44D833B2" xlink:to="lab_us-gaap_DeferredCompensationPlanAssets_C01B444DC6D137FBA16486ED44D833B2" xlink:type="arc" />
    <link:label id="lab_us-gaap_Investments_DF7A16BF79F447E7E68486ED44D84060_verboseLabel_en-US" xlink:label="lab_us-gaap_Investments_DF7A16BF79F447E7E68486ED44D84060" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total Investment portfolio</link:label>
    <link:label id="lab_us-gaap_Investments_DF7A16BF79F447E7E68486ED44D84060_label_en-US" xlink:label="lab_us-gaap_Investments_DF7A16BF79F447E7E68486ED44D84060" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="loc_us-gaap_Investments_DF7A16BF79F447E7E68486ED44D84060" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Investments_DF7A16BF79F447E7E68486ED44D84060" xlink:to="lab_us-gaap_Investments_DF7A16BF79F447E7E68486ED44D84060" xlink:type="arc" />
    <link:label id="lab_us-gaap_BrokersAndDealersAbstract_A6BD563D1F65CA5872049D74E4561024_label_en-US" xlink:label="lab_us-gaap_BrokersAndDealersAbstract_EADACBA81A725BC5997E2BEC79CA2300" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brokers and Dealers [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BrokersAndDealersAbstract" xlink:label="loc_us-gaap_BrokersAndDealersAbstract_EADACBA81A725BC5997E2BEC79CA2300" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BrokersAndDealersAbstract_EADACBA81A725BC5997E2BEC79CA2300" xlink:to="lab_us-gaap_BrokersAndDealersAbstract_EADACBA81A725BC5997E2BEC79CA2300" xlink:type="arc" />
    <link:label id="lab_us-gaap_RegulatoryCapitalRequirementsAbstract_7FC3A46D5049673C85DF9D74E45689A1_label_en-US" xlink:label="lab_us-gaap_RegulatoryCapitalRequirementsAbstract_7DB1A111126D5C32B53A876268DB37F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Regulatory Capital Requirements [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RegulatoryCapitalRequirementsAbstract" xlink:label="loc_us-gaap_RegulatoryCapitalRequirementsAbstract_7DB1A111126D5C32B53A876268DB37F2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RegulatoryCapitalRequirementsAbstract_7DB1A111126D5C32B53A876268DB37F2" xlink:to="lab_us-gaap_RegulatoryCapitalRequirementsAbstract_7DB1A111126D5C32B53A876268DB37F2" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets_C162252C3E75974BFE6E86ED44D8D6EB_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets_C162252C3E75974BFE6E86ED44D8D6EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets_C162252C3E75974BFE6E86ED44D8D6EB_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets_C162252C3E75974BFE6E86ED44D8D6EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets_C162252C3E75974BFE6E86ED44D8D6EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets_C162252C3E75974BFE6E86ED44D8D6EB" xlink:to="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets_C162252C3E75974BFE6E86ED44D8D6EB" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities_5D6A2FA04385C65CE85186ED44D8B1D6_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities_5D6A2FA04385C65CE85186ED44D8B1D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities_5D6A2FA04385C65CE85186ED44D8B1D6_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities_5D6A2FA04385C65CE85186ED44D8B1D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities_5D6A2FA04385C65CE85186ED44D8B1D6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities_5D6A2FA04385C65CE85186ED44D8B1D6" xlink:to="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities_5D6A2FA04385C65CE85186ED44D8B1D6" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquity_EFC5D9DE6FC99933325C87D0AF53727C_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquity_EFC5D9DE6FC99933325C87D0AF53727C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net assets</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquity_EFC5D9DE6FC99933325C87D0AF53727C_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquity_EFC5D9DE6FC99933325C87D0AF53727C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment Summarized Financial Information, Equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquity" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquity_EFC5D9DE6FC99933325C87D0AF53727C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquity_EFC5D9DE6FC99933325C87D0AF53727C" xlink:to="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquity_EFC5D9DE6FC99933325C87D0AF53727C" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_BE8AED904216D2AB800786ED44D89C4D_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_BE8AED904216D2AB800786ED44D89C4D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">DHCM's portion of net assets</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_BE8AED904216D2AB800786ED44D89C4D_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_BE8AED904216D2AB800786ED44D89C4D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Underlying Equity in Net Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets" xlink:label="loc_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_BE8AED904216D2AB800786ED44D89C4D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_BE8AED904216D2AB800786ED44D89C4D" xlink:to="lab_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_BE8AED904216D2AB800786ED44D89C4D" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_C1AA285F11407C19A82487D82ACBB66C_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_C1AA285F11407C19A82487D82ACBB66C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment Income</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_C1AA285F11407C19A82487D82ACBB66C_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_C1AA285F11407C19A82487D82ACBB66C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_C1AA285F11407C19A82487D82ACBB66C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_C1AA285F11407C19A82487D82ACBB66C" xlink:to="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_C1AA285F11407C19A82487D82ACBB66C" xlink:type="arc" />
    <link:label id="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses_B189BE7A2110D9859D4587D87DC8B927_terseLabel_en-US" xlink:label="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses_B189BE7A2110D9859D4587D87DC8B927" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expenses</link:label>
    <link:label id="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses_B189BE7A2110D9859D4587D87DC8B927_label_en-US" xlink:label="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses_B189BE7A2110D9859D4587D87DC8B927" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Expenses</link:label>
    <link:label id="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses_B189BE7A2110D9859D4587D87DC8B927_documentation_en-US" xlink:label="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses_B189BE7A2110D9859D4587D87DC8B927" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of expenses reported by an equity method investment of the entity.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses" xlink:label="loc_dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses_B189BE7A2110D9859D4587D87DC8B927" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses_B189BE7A2110D9859D4587D87DC8B927" xlink:to="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses_B189BE7A2110D9859D4587D87DC8B927" xlink:type="arc" />
    <link:label id="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses_11B7AB6628BFB951361A87D8E2EA6053_terseLabel_en-US" xlink:label="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses_11B7AB6628BFB951361A87D8E2EA6053" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net realized gains (losses)</link:label>
    <link:label id="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses_11B7AB6628BFB951361A87D8E2EA6053_label_en-US" xlink:label="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses_11B7AB6628BFB951361A87D8E2EA6053" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Net realized gains (losses)</link:label>
    <link:label id="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses_11B7AB6628BFB951361A87D8E2EA6053_documentation_en-US" xlink:label="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses_11B7AB6628BFB951361A87D8E2EA6053" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of net realized gains (losses) reported by an equity method investment of the entity.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses" xlink:label="loc_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses_11B7AB6628BFB951361A87D8E2EA6053" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses_11B7AB6628BFB951361A87D8E2EA6053" xlink:to="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses_11B7AB6628BFB951361A87D8E2EA6053" xlink:type="arc" />
    <link:label id="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation_63A7ECDF349666B7683287D9088BB3A0_terseLabel_en-US" xlink:label="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation_63A7ECDF349666B7683287D9088BB3A0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net change in unrealized appreciation/depreciation</link:label>
    <link:label id="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation_63A7ECDF349666B7683287D9088BB3A0_label_en-US" xlink:label="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation_63A7ECDF349666B7683287D9088BB3A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Net change in unrealized appreciation/depreciation</link:label>
    <link:label id="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation_63A7ECDF349666B7683287D9088BB3A0_documentation_en-US" xlink:label="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation_63A7ECDF349666B7683287D9088BB3A0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of net change in unrealized appreciation/depreciation reported by an equity method investment of the entity.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation" xlink:label="loc_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation_63A7ECDF349666B7683287D9088BB3A0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation_63A7ECDF349666B7683287D9088BB3A0" xlink:to="lab_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation_63A7ECDF349666B7683287D9088BB3A0" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_3CC2FDB0A8BCDC7819E886ED44D81B2B_totalLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_3CC2FDB0A8BCDC7819E886ED44D81B2B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_3CC2FDB0A8BCDC7819E886ED44D81B2B_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_3CC2FDB0A8BCDC7819E886ED44D81B2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Net Income (Loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_3CC2FDB0A8BCDC7819E886ED44D81B2B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_3CC2FDB0A8BCDC7819E886ED44D81B2B" xlink:to="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_3CC2FDB0A8BCDC7819E886ED44D81B2B" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_88CEE2C2725487E1AE3986ED44D84000_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_88CEE2C2725487E1AE3986ED44D84000" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">DHCM's portion of net income</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_88CEE2C2725487E1AE3986ED44D84000_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_88CEE2C2725487E1AE3986ED44D84000" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Equity Method Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_88CEE2C2725487E1AE3986ED44D84000" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromEquityMethodInvestments_88CEE2C2725487E1AE3986ED44D84000" xlink:to="lab_us-gaap_IncomeLossFromEquityMethodInvestments_88CEE2C2725487E1AE3986ED44D84000" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentsFairValueDisclosure_E1AC389895BBBFEC00279C28F57514B8_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsFairValueDisclosure_E1AC389895BBBFEC00279C28F57514B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of investment</link:label>
    <link:label id="lab_us-gaap_InvestmentsFairValueDisclosure_E1AC389895BBBFEC00279C28F57514B8_label_en-US" xlink:label="lab_us-gaap_InvestmentsFairValueDisclosure_E1AC389895BBBFEC00279C28F57514B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsFairValueDisclosure" xlink:label="loc_us-gaap_InvestmentsFairValueDisclosure_E1AC389895BBBFEC00279C28F57514B8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsFairValueDisclosure_E1AC389895BBBFEC00279C28F57514B8" xlink:to="lab_us-gaap_InvestmentsFairValueDisclosure_E1AC389895BBBFEC00279C28F57514B8" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_5AC82A7CD66C8F09B0489C28F575AEB2_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_5AC82A7CD66C8F09B0489C28F575AEB2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading Securities [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_5AC82A7CD66C8F09B0489C28F575AEB2_label_en-US" xlink:label="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_5AC82A7CD66C8F09B0489C28F575AEB2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Securities [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_5AC82A7CD66C8F09B0489C28F575AEB2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_5AC82A7CD66C8F09B0489C28F575AEB2" xlink:to="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_5AC82A7CD66C8F09B0489C28F575AEB2" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByAssetClassAxis_B183CE688855B57DD2669C28F5766E92_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByAssetClassAxis_B183CE688855B57DD2669C28F5766E92" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset Class [Axis]</link:label>
    <link:label id="lab_us-gaap_FairValueByAssetClassAxis_B183CE688855B57DD2669C28F5766E92_label_en-US" xlink:label="lab_us-gaap_FairValueByAssetClassAxis_B183CE688855B57DD2669C28F5766E92" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Class [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByAssetClassAxis" xlink:label="loc_us-gaap_FairValueByAssetClassAxis_B183CE688855B57DD2669C28F5766E92" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByAssetClassAxis_B183CE688855B57DD2669C28F5766E92" xlink:to="lab_us-gaap_FairValueByAssetClassAxis_B183CE688855B57DD2669C28F5766E92" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_FEC134033CD37EC128859C28F57620FF_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_FEC134033CD37EC128859C28F57620FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset Class [Domain]</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_FEC134033CD37EC128859C28F57620FF_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_FEC134033CD37EC128859C28F57620FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Class [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_FEC134033CD37EC128859C28F57620FF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_FEC134033CD37EC128859C28F57620FF" xlink:to="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_FEC134033CD37EC128859C28F57620FF" xlink:type="arc" />
    <link:label id="lab_us-gaap_TradingAccountAssetsMember_71C78504C6552FE6B5C39C28F576F9FA_terseLabel_en-US" xlink:label="lab_us-gaap_TradingAccountAssetsMember_71C78504C6552FE6B5C39C28F576F9FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading Securities</link:label>
    <link:label id="lab_us-gaap_TradingAccountAssetsMember_71C78504C6552FE6B5C39C28F576F9FA_label_en-US" xlink:label="lab_us-gaap_TradingAccountAssetsMember_71C78504C6552FE6B5C39C28F576F9FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Securities [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingAccountAssetsMember" xlink:label="loc_us-gaap_TradingAccountAssetsMember_71C78504C6552FE6B5C39C28F576F9FA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingAccountAssetsMember_71C78504C6552FE6B5C39C28F576F9FA" xlink:to="lab_us-gaap_TradingAccountAssetsMember_71C78504C6552FE6B5C39C28F576F9FA" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentsMember_608F852CE3A5484717609C28F5767D74_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsMember_608F852CE3A5484717609C28F5767D74" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Method Investments</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentsMember_608F852CE3A5484717609C28F5767D74_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsMember_608F852CE3A5484717609C28F5767D74" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investments [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentsMember" xlink:label="loc_us-gaap_EquityMethodInvestmentsMember_608F852CE3A5484717609C28F5767D74" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentsMember_608F852CE3A5484717609C28F5767D74" xlink:to="lab_us-gaap_EquityMethodInvestmentsMember_608F852CE3A5484717609C28F5767D74" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_20E4B111CAAE4D85EAD19C28F576802F_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_20E4B111CAAE4D85EAD19C28F576802F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Trading Securities and Other Trading Assets [Line Items]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_20E4B111CAAE4D85EAD19C28F576802F_label_en-US" xlink:label="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_20E4B111CAAE4D85EAD19C28F576802F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Trading Securities and Other Trading Assets [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems" xlink:label="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_20E4B111CAAE4D85EAD19C28F576802F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_20E4B111CAAE4D85EAD19C28F576802F" xlink:to="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_20E4B111CAAE4D85EAD19C28F576802F" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfFinancialPositionAbstract_11873ECE07D8D50E7460193A1862E4A1_label_en-US" xlink:label="lab_us-gaap_StatementOfFinancialPositionAbstract_BFA77F10F78E547A92F51AB5465AD764" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Financial Position [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaap_StatementOfFinancialPositionAbstract_BFA77F10F78E547A92F51AB5465AD764" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_BFA77F10F78E547A92F51AB5465AD764" xlink:to="lab_us-gaap_StatementOfFinancialPositionAbstract_BFA77F10F78E547A92F51AB5465AD764" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockNoParValue_B76173337460C1847127193A1862BED9_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockNoParValue_B636836C190F52E7ACF2371381B0B3CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, par value (usd per share)</link:label>
    <link:label id="lab_us-gaap_CommonStockNoParValue_B76173337460C1847127193A1862BED9_label_en-US" xlink:label="lab_us-gaap_CommonStockNoParValue_B636836C190F52E7ACF2371381B0B3CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, No Par Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockNoParValue" xlink:label="loc_us-gaap_CommonStockNoParValue_B636836C190F52E7ACF2371381B0B3CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockNoParValue_B636836C190F52E7ACF2371381B0B3CD" xlink:to="lab_us-gaap_CommonStockNoParValue_B636836C190F52E7ACF2371381B0B3CD" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesAuthorized_D5E1600F70BF0F247EF9193A18626254_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_5E37AF9DEA31528D992D3414EEE87843" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares authorized</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesAuthorized_D5E1600F70BF0F247EF9193A18626254_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_5E37AF9DEA31528D992D3414EEE87843" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares Authorized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaap_CommonStockSharesAuthorized_5E37AF9DEA31528D992D3414EEE87843" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesAuthorized_5E37AF9DEA31528D992D3414EEE87843" xlink:to="lab_us-gaap_CommonStockSharesAuthorized_5E37AF9DEA31528D992D3414EEE87843" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesIssued_8C908094DEABF7117B93193A18629B0D_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_B00F6F171BD858DFA724E1F2405378AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares issued</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesIssued_8C908094DEABF7117B93193A18629B0D_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_B00F6F171BD858DFA724E1F2405378AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaap_CommonStockSharesIssued_B00F6F171BD858DFA724E1F2405378AA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesIssued_B00F6F171BD858DFA724E1F2405378AA" xlink:to="lab_us-gaap_CommonStockSharesIssued_B00F6F171BD858DFA724E1F2405378AA" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_A446B58FBEB1150D5625193A18624606_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_BB622024AC85584CA106557DB633DEFC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares outstanding</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_A446B58FBEB1150D5625193A18624606_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_BB622024AC85584CA106557DB633DEFC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares, Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_BB622024AC85584CA106557DB633DEFC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesOutstanding_BB622024AC85584CA106557DB633DEFC" xlink:to="lab_us-gaap_CommonStockSharesOutstanding_BB622024AC85584CA106557DB633DEFC" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockSharesAuthorized_0271C287FBED1076F976193A1863A62F_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized_3ED2CC68E7AB5E89ADBF5201B8484E33" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock, shares authorized</link:label>
    <link:label id="lab_us-gaap_PreferredStockSharesAuthorized_0271C287FBED1076F976193A1863A62F_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized_3ED2CC68E7AB5E89ADBF5201B8484E33" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Shares Authorized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="loc_us-gaap_PreferredStockSharesAuthorized_3ED2CC68E7AB5E89ADBF5201B8484E33" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockSharesAuthorized_3ED2CC68E7AB5E89ADBF5201B8484E33" xlink:to="lab_us-gaap_PreferredStockSharesAuthorized_3ED2CC68E7AB5E89ADBF5201B8484E33" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockSharesIssued_3B0FF30D7BFCEF928658193A186331F4_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesIssued_B4D118BA4B785E64A45098B800AE5426" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock, shares issued</link:label>
    <link:label id="lab_us-gaap_PreferredStockSharesIssued_3B0FF30D7BFCEF928658193A186331F4_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesIssued_B4D118BA4B785E64A45098B800AE5426" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Shares Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="loc_us-gaap_PreferredStockSharesIssued_B4D118BA4B785E64A45098B800AE5426" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockSharesIssued_B4D118BA4B785E64A45098B800AE5426" xlink:to="lab_us-gaap_PreferredStockSharesIssued_B4D118BA4B785E64A45098B800AE5426" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockSharesOutstanding_85640B433E7D9D8EF4BF193A1863945E_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesOutstanding_4389121E58525F83BB1D2B44E3D517F4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred Stock, shares Outstanding</link:label>
    <link:label id="lab_us-gaap_PreferredStockSharesOutstanding_85640B433E7D9D8EF4BF193A1863945E_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesOutstanding_4389121E58525F83BB1D2B44E3D517F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Shares Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="loc_us-gaap_PreferredStockSharesOutstanding_4389121E58525F83BB1D2B44E3D517F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockSharesOutstanding_4389121E58525F83BB1D2B44E3D517F4" xlink:to="lab_us-gaap_PreferredStockSharesOutstanding_4389121E58525F83BB1D2B44E3D517F4" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_A8FCCAEDD3B675879F96193A1863680D_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_05C02F5C22105318BB4807772EECD314" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unvested shares</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_A8FCCAEDD3B675879F96193A1863680D_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_05C02F5C22105318BB4807772EECD314" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_05C02F5C22105318BB4807772EECD314" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_05C02F5C22105318BB4807772EECD314" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_05C02F5C22105318BB4807772EECD314" xlink:type="arc" />
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_4AE0E3855316E3EEA6349D74E4A485DC_label_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_E569A8E3B7F65593A4A003B01FAAC60F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_E569A8E3B7F65593A4A003B01FAAC60F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_E569A8E3B7F65593A4A003B01FAAC60F" xlink:to="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_E569A8E3B7F65593A4A003B01FAAC60F" xlink:type="arc" />
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_C93EE82F6BDE7D2C00DF9D74E4A4F7A5_terseLabel_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_956FFA3BA06A5BDEA45C67648843A581" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business and Organization</link:label>
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_C93EE82F6BDE7D2C00DF9D74E4A4F7A5_label_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_956FFA3BA06A5BDEA45C67648843A581" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:label="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_956FFA3BA06A5BDEA45C67648843A581" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_956FFA3BA06A5BDEA45C67648843A581" xlink:to="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_956FFA3BA06A5BDEA45C67648843A581" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_18FD11DB39B12391F6D986ED45098292_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_18FD11DB39B12391F6D986ED45098292" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Measurements, Recurring and Nonrecurring</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_18FD11DB39B12391F6D986ED45098292_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_18FD11DB39B12391F6D986ED45098292" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_18FD11DB39B12391F6D986ED45098292" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_18FD11DB39B12391F6D986ED45098292" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_18FD11DB39B12391F6D986ED45098292" xlink:type="arc" />
    <link:label id="lab_dhil_AssetsUnderManagementVariablePerformanceFeesTableTextBlock_A0A205175895D402244386ED45098631_terseLabel_en-US" xlink:label="lab_dhil_AssetsUnderManagementVariablePerformanceFeesTableTextBlock_A0A205175895D402244386ED45098631" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets under Management (AUM) Subject to Incentive Fees and Incentive Fees</link:label>
    <link:label id="lab_dhil_AssetsUnderManagementVariablePerformanceFeesTableTextBlock_A0A205175895D402244386ED45098631_label_en-US" xlink:label="lab_dhil_AssetsUnderManagementVariablePerformanceFeesTableTextBlock_A0A205175895D402244386ED45098631" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets Under Management Variable Performance Fees [Table Text Block]</link:label>
    <link:label id="lab_dhil_AssetsUnderManagementVariablePerformanceFeesTableTextBlock_A0A205175895D402244386ED45098631_documentation_en-US" xlink:label="lab_dhil_AssetsUnderManagementVariablePerformanceFeesTableTextBlock_A0A205175895D402244386ED45098631" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Assets under management (AUM) subject to variable performance fees and variance performance fees.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_AssetsUnderManagementVariablePerformanceFeesTableTextBlock" xlink:label="loc_dhil_AssetsUnderManagementVariablePerformanceFeesTableTextBlock_A0A205175895D402244386ED45098631" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_AssetsUnderManagementVariablePerformanceFeesTableTextBlock_A0A205175895D402244386ED45098631" xlink:to="lab_dhil_AssetsUnderManagementVariablePerformanceFeesTableTextBlock_A0A205175895D402244386ED45098631" xlink:type="arc" />
    <link:label id="lab_dhil_MutualFundAdministrationGrossAndNetRevenueTableTextBlock_AF7E8390856BC6C0F46C86ED4509AA41_terseLabel_en-US" xlink:label="lab_dhil_MutualFundAdministrationGrossAndNetRevenueTableTextBlock_AF7E8390856BC6C0F46C86ED4509AA41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mutual Fund Administration Gross and Net Revenue</link:label>
    <link:label id="lab_dhil_MutualFundAdministrationGrossAndNetRevenueTableTextBlock_AF7E8390856BC6C0F46C86ED4509AA41_label_en-US" xlink:label="lab_dhil_MutualFundAdministrationGrossAndNetRevenueTableTextBlock_AF7E8390856BC6C0F46C86ED4509AA41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mutual Fund Administration Gross and Net Revenue [Table Text Block]</link:label>
    <link:label id="lab_dhil_MutualFundAdministrationGrossAndNetRevenueTableTextBlock_AF7E8390856BC6C0F46C86ED4509AA41_documentation_en-US" xlink:label="lab_dhil_MutualFundAdministrationGrossAndNetRevenueTableTextBlock_AF7E8390856BC6C0F46C86ED4509AA41" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mutual fund administration gross and net revenue.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_MutualFundAdministrationGrossAndNetRevenueTableTextBlock" xlink:label="loc_dhil_MutualFundAdministrationGrossAndNetRevenueTableTextBlock_AF7E8390856BC6C0F46C86ED4509AA41" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_MutualFundAdministrationGrossAndNetRevenueTableTextBlock_AF7E8390856BC6C0F46C86ED4509AA41" xlink:to="lab_dhil_MutualFundAdministrationGrossAndNetRevenueTableTextBlock_AF7E8390856BC6C0F46C86ED4509AA41" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesOfLesseeDisclosureTextBlock_3D153BBF41BADB4574159D74E465118B_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesOfLesseeDisclosureTextBlock_50F424C4336E52A68AD00E0260566475" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Total Lease and Operating Expenses</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesOfLesseeDisclosureTextBlock_3D153BBF41BADB4574159D74E465118B_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesOfLesseeDisclosureTextBlock_50F424C4336E52A68AD00E0260566475" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases of Lessee Disclosure [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesOfLesseeDisclosureTextBlock" xlink:label="loc_us-gaap_OperatingLeasesOfLesseeDisclosureTextBlock_50F424C4336E52A68AD00E0260566475" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesOfLesseeDisclosureTextBlock_50F424C4336E52A68AD00E0260566475" xlink:to="lab_us-gaap_OperatingLeasesOfLesseeDisclosureTextBlock_50F424C4336E52A68AD00E0260566475" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_0CAF05A62B78DDEAB1849D74E4658837_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_06CCEF5D4C3755048CBF4619BDD40E62" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Future Minimum Lease Payments under Operating Leases</link:label>
    <link:label id="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_0CAF05A62B78DDEAB1849D74E4658837_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_06CCEF5D4C3755048CBF4619BDD40E62" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_06CCEF5D4C3755048CBF4619BDD40E62" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_06CCEF5D4C3755048CBF4619BDD40E62" xlink:to="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_06CCEF5D4C3755048CBF4619BDD40E62" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_98134CFED6F950297F339D74E494FB55_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_981DF58C2A725941BDD5808E84FD3BCE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Taxes</link:label>
    <link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_98134CFED6F950297F339D74E494FB55_label_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_981DF58C2A725941BDD5808E84FD3BCE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="loc_us-gaap_IncomeTaxDisclosureTextBlock_981DF58C2A725941BDD5808E84FD3BCE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxDisclosureTextBlock_981DF58C2A725941BDD5808E84FD3BCE" xlink:to="lab_us-gaap_IncomeTaxDisclosureTextBlock_981DF58C2A725941BDD5808E84FD3BCE" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_35C86F5C8382358480FC9D74E456A00D_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_BAA4FDEDB0145BD6838D1D1E266CF72A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_35C86F5C8382358480FC9D74E456A00D_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_BAA4FDEDB0145BD6838D1D1E266CF72A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_BAA4FDEDB0145BD6838D1D1E266CF72A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_BAA4FDEDB0145BD6838D1D1E266CF72A" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_BAA4FDEDB0145BD6838D1D1E266CF72A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_C2E38772EC6F3F1A4B0B9D74E4565FE3_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_E9DC6BAE578E52AB9C99C8E106E0AB15" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Outstanding shares, Beginning Balance (shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_E9DC6BAE578E52AB9C99C8E106E0AB15" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_E9DC6BAE578E52AB9C99C8E106E0AB15" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_E9DC6BAE578E52AB9C99C8E106E0AB15" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_B2F59F94C82A4D086ED69D74E456ED83_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_D70F759DEE995A17B51C3EB238254DC8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Shares issued (shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_B2F59F94C82A4D086ED69D74E456ED83_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_D70F759DEE995A17B51C3EB238254DC8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_D70F759DEE995A17B51C3EB238254DC8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_D70F759DEE995A17B51C3EB238254DC8" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_D70F759DEE995A17B51C3EB238254DC8" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_099539C7E99C931AD3BC9D74E456D365_negatedLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_532157DAEDA356B0B32CA1F8568EAFF0" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Grants vested (shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_099539C7E99C931AD3BC9D74E456D365_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_532157DAEDA356B0B32CA1F8568EAFF0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_532157DAEDA356B0B32CA1F8568EAFF0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_532157DAEDA356B0B32CA1F8568EAFF0" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_532157DAEDA356B0B32CA1F8568EAFF0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_70D5F4A370E7D87D03619D74E45698A8_negatedLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_36FB7ABAD4D25C37B9FCF75867DB86DA" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Grants forfeited (shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_70D5F4A370E7D87D03619D74E45698A8_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_36FB7ABAD4D25C37B9FCF75867DB86DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_36FB7ABAD4D25C37B9FCF75867DB86DA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_36FB7ABAD4D25C37B9FCF75867DB86DA" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_36FB7ABAD4D25C37B9FCF75867DB86DA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_3A43E1A880C2E6D2750C9D74E456FA82_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_4052D1D9E2685A32B8B0F8521653F277" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Outstanding shares, Ending Balance (shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_4052D1D9E2685A32B8B0F8521653F277" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_4052D1D9E2685A32B8B0F8521653F277" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_4052D1D9E2685A32B8B0F8521653F277" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_68C1CCADC78155F7EA409D74E45603A3_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_57ACB018405B532581E92F8EFB12D9DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-Average Grant Date Price per Share</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_68C1CCADC78155F7EA409D74E45603A3_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_57ACB018405B532581E92F8EFB12D9DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_57ACB018405B532581E92F8EFB12D9DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_57ACB018405B532581E92F8EFB12D9DE" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_57ACB018405B532581E92F8EFB12D9DE" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_3D2BDC929B351AA8BF269D74E4566FB6_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_D2EE63CE977A5847BF216C73A7651F8C" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Weighted-Average Grant Date Price per Share, Beginning of Period (usd per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_3D2BDC929B351AA8BF269D74E4566FB6_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_D2EE63CE977A5847BF216C73A7651F8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_D2EE63CE977A5847BF216C73A7651F8C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_D2EE63CE977A5847BF216C73A7651F8C" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_D2EE63CE977A5847BF216C73A7651F8C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_0B948BB16AE431B7EBC89D74E4561469_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_B1DDFEACC73E50F39BA21C02698694C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-Average Grant Date Price per Share, Grants issued (usd per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_0B948BB16AE431B7EBC89D74E4561469_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_B1DDFEACC73E50F39BA21C02698694C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_B1DDFEACC73E50F39BA21C02698694C2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_B1DDFEACC73E50F39BA21C02698694C2" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_B1DDFEACC73E50F39BA21C02698694C2" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_E8D0A887A603C5C119799D74E4564FC3_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_5B5DAE3894A25BAF8DCE1B1402F1A91B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-Average Grant Date Price per Share, Grants vested (usd per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_E8D0A887A603C5C119799D74E4564FC3_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_5B5DAE3894A25BAF8DCE1B1402F1A91B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_5B5DAE3894A25BAF8DCE1B1402F1A91B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_5B5DAE3894A25BAF8DCE1B1402F1A91B" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_5B5DAE3894A25BAF8DCE1B1402F1A91B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_EF8C27E050E492E6CF8D9D74E4562691_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_915DAC2F9194559EA68437604ACA40A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-Average Grant Date Price per Share, Grants forfeited (usd per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_EF8C27E050E492E6CF8D9D74E4562691_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_915DAC2F9194559EA68437604ACA40A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_915DAC2F9194559EA68437604ACA40A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_915DAC2F9194559EA68437604ACA40A3" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_915DAC2F9194559EA68437604ACA40A3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_234835E77E5CB90C36849D74E45654A8_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_09B3C409EEEE5FA9976185F9BE0155DA" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Weighted-Average Grant Date Price per Share, End of Period (usd per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_09B3C409EEEE5FA9976185F9BE0155DA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_09B3C409EEEE5FA9976185F9BE0155DA" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_09B3C409EEEE5FA9976185F9BE0155DA" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesRentExpenseNet_C3C979B9D0FBB07258149D74E4653B0B_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseNet_E5D9CD1EFE715B1BBD19AF0E4A15CD59" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease and operating expenses</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesRentExpenseNet_C3C979B9D0FBB07258149D74E4653B0B_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseNet_E5D9CD1EFE715B1BBD19AF0E4A15CD59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Rent Expense, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesRentExpenseNet" xlink:label="loc_us-gaap_OperatingLeasesRentExpenseNet_E5D9CD1EFE715B1BBD19AF0E4A15CD59" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesRentExpenseNet_E5D9CD1EFE715B1BBD19AF0E4A15CD59" xlink:to="lab_us-gaap_OperatingLeasesRentExpenseNet_E5D9CD1EFE715B1BBD19AF0E4A15CD59" xlink:type="arc" />
    <link:label id="lab_us-gaap_PrincipleTransactionRevenueTable_909C78A0C348DC3A27568B7EA45C2465_terseLabel_en-US" xlink:label="lab_us-gaap_PrincipleTransactionRevenueTable_909C78A0C348DC3A27568B7EA45C2465" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principal Transaction Revenue [Table]</link:label>
    <link:label id="lab_us-gaap_PrincipleTransactionRevenueTable_909C78A0C348DC3A27568B7EA45C2465_label_en-US" xlink:label="lab_us-gaap_PrincipleTransactionRevenueTable_909C78A0C348DC3A27568B7EA45C2465" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Principal Transaction Revenue [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PrincipleTransactionRevenueTable" xlink:label="loc_us-gaap_PrincipleTransactionRevenueTable_909C78A0C348DC3A27568B7EA45C2465" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrincipleTransactionRevenueTable_909C78A0C348DC3A27568B7EA45C2465" xlink:to="lab_us-gaap_PrincipleTransactionRevenueTable_909C78A0C348DC3A27568B7EA45C2465" xlink:type="arc" />
    <link:label id="lab_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_2F5CE8408D4AEF60C3D98B7EA45DC41C_terseLabel_en-US" xlink:label="lab_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_2F5CE8408D4AEF60C3D98B7EA45DC41C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principal Transaction Revenue, Description of Reporting Category [Axis]</link:label>
    <link:label id="lab_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_2F5CE8408D4AEF60C3D98B7EA45DC41C_label_en-US" xlink:label="lab_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_2F5CE8408D4AEF60C3D98B7EA45DC41C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Principal Transaction Revenue, Description of Reporting Category [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis" xlink:label="loc_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_2F5CE8408D4AEF60C3D98B7EA45DC41C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_2F5CE8408D4AEF60C3D98B7EA45DC41C" xlink:to="lab_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_2F5CE8408D4AEF60C3D98B7EA45DC41C" xlink:type="arc" />
    <link:label id="lab_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9_terseLabel_en-US" xlink:label="lab_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Name of Reporting Category [Domain]</link:label>
    <link:label id="lab_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9_label_en-US" xlink:label="lab_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Name of Reporting Category [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NameOfReportingCategoryDomain" xlink:label="loc_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:to="lab_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:type="arc" />
    <link:label id="lab_dhil_AssetUnderManagementContractualPeriodEndDateMember_A83D7D23D311978AE8578B7EA45D7CF2_terseLabel_en-US" xlink:label="lab_dhil_AssetUnderManagementContractualPeriodEndDateMember_A83D7D23D311978AE8578B7EA45D7CF2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Quarter Ended December 31, 2018</link:label>
    <link:label id="lab_dhil_AssetUnderManagementContractualPeriodEndDateMember_A83D7D23D311978AE8578B7EA45D7CF2_label_en-US" xlink:label="lab_dhil_AssetUnderManagementContractualPeriodEndDateMember_A83D7D23D311978AE8578B7EA45D7CF2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Under Management Contractual Period End Date [Member]</link:label>
    <link:label id="lab_dhil_AssetUnderManagementContractualPeriodEndDateMember_A83D7D23D311978AE8578B7EA45D7CF2_documentation_en-US" xlink:label="lab_dhil_AssetUnderManagementContractualPeriodEndDateMember_A83D7D23D311978AE8578B7EA45D7CF2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset under management contractual period end date.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_AssetUnderManagementContractualPeriodEndDateMember" xlink:label="loc_dhil_AssetUnderManagementContractualPeriodEndDateMember_A83D7D23D311978AE8578B7EA45D7CF2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_AssetUnderManagementContractualPeriodEndDateMember_A83D7D23D311978AE8578B7EA45D7CF2" xlink:to="lab_dhil_AssetUnderManagementContractualPeriodEndDateMember_A83D7D23D311978AE8578B7EA45D7CF2" xlink:type="arc" />
    <link:label id="lab_dhil_AssetUnderManagementContractualPeriodEndDate2Member_450E98BE59064693F34C8B7EA45D1607_terseLabel_en-US" xlink:label="lab_dhil_AssetUnderManagementContractualPeriodEndDate2Member_450E98BE59064693F34C8B7EA45D1607" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Quarter Ended September 30, 2019</link:label>
    <link:label id="lab_dhil_AssetUnderManagementContractualPeriodEndDate2Member_450E98BE59064693F34C8B7EA45D1607_label_en-US" xlink:label="lab_dhil_AssetUnderManagementContractualPeriodEndDate2Member_450E98BE59064693F34C8B7EA45D1607" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Under Management Contractual Period End Date 2 [Member]</link:label>
    <link:label id="lab_dhil_AssetUnderManagementContractualPeriodEndDate2Member_450E98BE59064693F34C8B7EA45D1607_documentation_en-US" xlink:label="lab_dhil_AssetUnderManagementContractualPeriodEndDate2Member_450E98BE59064693F34C8B7EA45D1607" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Under Management Contractual Period End Date 2 [Member]</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_AssetUnderManagementContractualPeriodEndDate2Member" xlink:label="loc_dhil_AssetUnderManagementContractualPeriodEndDate2Member_450E98BE59064693F34C8B7EA45D1607" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_AssetUnderManagementContractualPeriodEndDate2Member_450E98BE59064693F34C8B7EA45D1607" xlink:to="lab_dhil_AssetUnderManagementContractualPeriodEndDate2Member_450E98BE59064693F34C8B7EA45D1607" xlink:type="arc" />
    <link:label id="lab_dhil_AssetUnderManagementContractualPeriodEndDate3Member_A4D45B1E4FD687D1EBFC8B7EA45D831D_terseLabel_en-US" xlink:label="lab_dhil_AssetUnderManagementContractualPeriodEndDate3Member_A4D45B1E4FD687D1EBFC8B7EA45D831D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Quarter Ended March 31, 2020</link:label>
    <link:label id="lab_dhil_AssetUnderManagementContractualPeriodEndDate3Member_A4D45B1E4FD687D1EBFC8B7EA45D831D_label_en-US" xlink:label="lab_dhil_AssetUnderManagementContractualPeriodEndDate3Member_A4D45B1E4FD687D1EBFC8B7EA45D831D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Under Management Contractual Period End Date 3 [Member]</link:label>
    <link:label id="lab_dhil_AssetUnderManagementContractualPeriodEndDate3Member_A4D45B1E4FD687D1EBFC8B7EA45D831D_documentation_en-US" xlink:label="lab_dhil_AssetUnderManagementContractualPeriodEndDate3Member_A4D45B1E4FD687D1EBFC8B7EA45D831D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Under Management Contractual Period End Date 3 [Member]</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_AssetUnderManagementContractualPeriodEndDate3Member" xlink:label="loc_dhil_AssetUnderManagementContractualPeriodEndDate3Member_A4D45B1E4FD687D1EBFC8B7EA45D831D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_AssetUnderManagementContractualPeriodEndDate3Member_A4D45B1E4FD687D1EBFC8B7EA45D831D" xlink:to="lab_dhil_AssetUnderManagementContractualPeriodEndDate3Member_A4D45B1E4FD687D1EBFC8B7EA45D831D" xlink:type="arc" />
    <link:label id="lab_dhil_AssetUnderManagementContractualPeriodEndDate4Member_D1506DF8361618BF4DAC8B7EA45EED72_terseLabel_en-US" xlink:label="lab_dhil_AssetUnderManagementContractualPeriodEndDate4Member_D1506DF8361618BF4DAC8B7EA45EED72" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Quarter Ended September 30, 2021</link:label>
    <link:label id="lab_dhil_AssetUnderManagementContractualPeriodEndDate4Member_D1506DF8361618BF4DAC8B7EA45EED72_label_en-US" xlink:label="lab_dhil_AssetUnderManagementContractualPeriodEndDate4Member_D1506DF8361618BF4DAC8B7EA45EED72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Under Management Contractual Period End Date 4 [Member]</link:label>
    <link:label id="lab_dhil_AssetUnderManagementContractualPeriodEndDate4Member_D1506DF8361618BF4DAC8B7EA45EED72_documentation_en-US" xlink:label="lab_dhil_AssetUnderManagementContractualPeriodEndDate4Member_D1506DF8361618BF4DAC8B7EA45EED72" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Under Management Contractual Period End Date 4 [Member]</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_AssetUnderManagementContractualPeriodEndDate4Member" xlink:label="loc_dhil_AssetUnderManagementContractualPeriodEndDate4Member_D1506DF8361618BF4DAC8B7EA45EED72" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_AssetUnderManagementContractualPeriodEndDate4Member_D1506DF8361618BF4DAC8B7EA45EED72" xlink:to="lab_dhil_AssetUnderManagementContractualPeriodEndDate4Member_D1506DF8361618BF4DAC8B7EA45EED72" xlink:type="arc" />
    <link:label id="lab_dhil_AssetUnderManagementContractualPeriodEndTotalMember_E12E4C30B1B463C81D788B8A70EA68E8_terseLabel_en-US" xlink:label="lab_dhil_AssetUnderManagementContractualPeriodEndTotalMember_E12E4C30B1B463C81D788B8A70EA68E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_dhil_AssetUnderManagementContractualPeriodEndTotalMember_E12E4C30B1B463C81D788B8A70EA68E8_label_en-US" xlink:label="lab_dhil_AssetUnderManagementContractualPeriodEndTotalMember_E12E4C30B1B463C81D788B8A70EA68E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Under Management Contractual Period End Total [Member]</link:label>
    <link:label id="lab_dhil_AssetUnderManagementContractualPeriodEndTotalMember_E12E4C30B1B463C81D788B8A70EA68E8_documentation_en-US" xlink:label="lab_dhil_AssetUnderManagementContractualPeriodEndTotalMember_E12E4C30B1B463C81D788B8A70EA68E8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Under Management Contractual Period End Total</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_AssetUnderManagementContractualPeriodEndTotalMember" xlink:label="loc_dhil_AssetUnderManagementContractualPeriodEndTotalMember_E12E4C30B1B463C81D788B8A70EA68E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_AssetUnderManagementContractualPeriodEndTotalMember_E12E4C30B1B463C81D788B8A70EA68E8" xlink:to="lab_dhil_AssetUnderManagementContractualPeriodEndTotalMember_E12E4C30B1B463C81D788B8A70EA68E8" xlink:type="arc" />
    <link:label id="lab_us-gaap_PrincipleTransactionRevenueLineItems_6B4FDB9016C7739B51048B7EA45EE189_terseLabel_en-US" xlink:label="lab_us-gaap_PrincipleTransactionRevenueLineItems_6B4FDB9016C7739B51048B7EA45EE189" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principal Transaction Revenue [Line Items]</link:label>
    <link:label id="lab_us-gaap_PrincipleTransactionRevenueLineItems_6B4FDB9016C7739B51048B7EA45EE189_label_en-US" xlink:label="lab_us-gaap_PrincipleTransactionRevenueLineItems_6B4FDB9016C7739B51048B7EA45EE189" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Principal Transaction Revenue [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PrincipleTransactionRevenueLineItems" xlink:label="loc_us-gaap_PrincipleTransactionRevenueLineItems_6B4FDB9016C7739B51048B7EA45EE189" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrincipleTransactionRevenueLineItems_6B4FDB9016C7739B51048B7EA45EE189" xlink:to="lab_us-gaap_PrincipleTransactionRevenueLineItems_6B4FDB9016C7739B51048B7EA45EE189" xlink:type="arc" />
    <link:label id="lab_dhil_AssetsUnderManagementVariablePerformanceFees_71B0D93039B910CAE7D78B7EA45E5AEE_terseLabel_en-US" xlink:label="lab_dhil_AssetsUnderManagementVariablePerformanceFees_71B0D93039B910CAE7D78B7EA45E5AEE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">AUM Subject to Incentive Fees</link:label>
    <link:label id="lab_dhil_AssetsUnderManagementVariablePerformanceFees_71B0D93039B910CAE7D78B7EA45E5AEE_label_en-US" xlink:label="lab_dhil_AssetsUnderManagementVariablePerformanceFees_71B0D93039B910CAE7D78B7EA45E5AEE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets Under Management Variable Performance Fees</link:label>
    <link:label id="lab_dhil_AssetsUnderManagementVariablePerformanceFees_71B0D93039B910CAE7D78B7EA45E5AEE_documentation_en-US" xlink:label="lab_dhil_AssetsUnderManagementVariablePerformanceFees_71B0D93039B910CAE7D78B7EA45E5AEE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Assets under management (AUM) subject to variable performance fees and variable performance fees.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_AssetsUnderManagementVariablePerformanceFees" xlink:label="loc_dhil_AssetsUnderManagementVariablePerformanceFees_71B0D93039B910CAE7D78B7EA45E5AEE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_AssetsUnderManagementVariablePerformanceFees_71B0D93039B910CAE7D78B7EA45E5AEE" xlink:to="lab_dhil_AssetsUnderManagementVariablePerformanceFees_71B0D93039B910CAE7D78B7EA45E5AEE" xlink:type="arc" />
    <link:label id="lab_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults_76C1F3E489C43E5254508B8A6F816167_terseLabel_en-US" xlink:label="lab_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults_76C1F3E489C43E5254508B8A6F816167" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Potential Variable Fees Based Upon Current Investment Results</link:label>
    <link:label id="lab_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults_76C1F3E489C43E5254508B8A6F816167_label_en-US" xlink:label="lab_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults_76C1F3E489C43E5254508B8A6F816167" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Potential Variable Fees Based Upon Current Investment Results</link:label>
    <link:label id="lab_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults_76C1F3E489C43E5254508B8A6F816167_documentation_en-US" xlink:label="lab_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults_76C1F3E489C43E5254508B8A6F816167" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Potential Variable Fees Based Upon Current Investment Results</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults" xlink:label="loc_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults_76C1F3E489C43E5254508B8A6F816167" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults_76C1F3E489C43E5254508B8A6F816167" xlink:to="lab_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults_76C1F3E489C43E5254508B8A6F816167" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_74BC98299B6BCEA71AC8193A1685E303_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_5A13052F47605EBC941474F07DF2EA01" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_5A13052F47605EBC941474F07DF2EA01" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_5A13052F47605EBC941474F07DF2EA01" xlink:to="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_5A13052F47605EBC941474F07DF2EA01" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_017DF40053D2F6E19A19193A168558B3_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_93D2255FF00253AF90D20C98E6D062E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies</link:label>
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_017DF40053D2F6E19A19193A168558B3_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_93D2255FF00253AF90D20C98E6D062E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_93D2255FF00253AF90D20C98E6D062E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_93D2255FF00253AF90D20C98E6D062E5" xlink:to="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_93D2255FF00253AF90D20C98E6D062E5" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfStockholdersEquityAbstract_7E457C681263D38398E186ED4519555D_label_en-US" xlink:label="lab_us-gaap_StatementOfStockholdersEquityAbstract_7E457C681263D38398E186ED4519555D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Stockholders' Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="loc_us-gaap_StatementOfStockholdersEquityAbstract_7E457C681263D38398E186ED4519555D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_7E457C681263D38398E186ED4519555D" xlink:to="lab_us-gaap_StatementOfStockholdersEquityAbstract_7E457C681263D38398E186ED4519555D" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementTable_9729E8D2EA98CD6AC21F86ED45191F8E_terseLabel_en-US" xlink:label="lab_us-gaap_StatementTable_9729E8D2EA98CD6AC21F86ED45191F8E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:label id="lab_us-gaap_StatementTable_9729E8D2EA98CD6AC21F86ED45191F8E_label_en-US" xlink:label="lab_us-gaap_StatementTable_9729E8D2EA98CD6AC21F86ED45191F8E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaap_StatementTable_9729E8D2EA98CD6AC21F86ED45191F8E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementTable_9729E8D2EA98CD6AC21F86ED45191F8E" xlink:to="lab_us-gaap_StatementTable_9729E8D2EA98CD6AC21F86ED45191F8E" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockMember_D1148656E2DED12C56ED86ED451952DD_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockMember_D1148656E2DED12C56ED86ED451952DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Stock</link:label>
    <link:label id="lab_us-gaap_CommonStockMember_D1148656E2DED12C56ED86ED451952DD_label_en-US" xlink:label="lab_us-gaap_CommonStockMember_D1148656E2DED12C56ED86ED451952DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_D1148656E2DED12C56ED86ED451952DD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockMember_D1148656E2DED12C56ED86ED451952DD" xlink:to="lab_us-gaap_CommonStockMember_D1148656E2DED12C56ED86ED451952DD" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredCompensationShareBasedPaymentsMember_01D307BB27C9EB15FB8586ED4519EB44_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredCompensationShareBasedPaymentsMember_01D307BB27C9EB15FB8586ED4519EB44" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred Equity Compensation</link:label>
    <link:label id="lab_us-gaap_DeferredCompensationShareBasedPaymentsMember_01D307BB27C9EB15FB8586ED4519EB44_label_en-US" xlink:label="lab_us-gaap_DeferredCompensationShareBasedPaymentsMember_01D307BB27C9EB15FB8586ED4519EB44" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Compensation, Share-based Payments [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationShareBasedPaymentsMember" xlink:label="loc_us-gaap_DeferredCompensationShareBasedPaymentsMember_01D307BB27C9EB15FB8586ED4519EB44" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredCompensationShareBasedPaymentsMember_01D307BB27C9EB15FB8586ED4519EB44" xlink:to="lab_us-gaap_DeferredCompensationShareBasedPaymentsMember_01D307BB27C9EB15FB8586ED4519EB44" xlink:type="arc" />
    <link:label id="lab_us-gaap_RetainedEarningsMember_7316405B31EADA10E96A86ED45195EC2_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_7316405B31EADA10E96A86ED45195EC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained Earnings</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsMember_7316405B31EADA10E96A86ED45195EC2_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_7316405B31EADA10E96A86ED45195EC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="loc_us-gaap_RetainedEarningsMember_7316405B31EADA10E96A86ED45195EC2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsMember_7316405B31EADA10E96A86ED45195EC2" xlink:to="lab_us-gaap_RetainedEarningsMember_7316405B31EADA10E96A86ED45195EC2" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementLineItems_1840B4C38836064EA99A86ED4529AA17_terseLabel_en-US" xlink:label="lab_us-gaap_StatementLineItems_1840B4C38836064EA99A86ED4529AA17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:label id="lab_us-gaap_StatementLineItems_1840B4C38836064EA99A86ED4529AA17_label_en-US" xlink:label="lab_us-gaap_StatementLineItems_1840B4C38836064EA99A86ED4529AA17" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaap_StatementLineItems_1840B4C38836064EA99A86ED4529AA17" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementLineItems_1840B4C38836064EA99A86ED4529AA17" xlink:to="lab_us-gaap_StatementLineItems_1840B4C38836064EA99A86ED4529AA17" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Stockholders' Equity [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Stockholders' Equity [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInStockholdersEquityRollForward" xlink:label="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_B862A1F6CC22DD44CBD286ED452941C4_periodStartLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_B862A1F6CC22DD44CBD286ED452941C4" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance (shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_B862A1F6CC22DD44CBD286ED452941C4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesOutstanding_B862A1F6CC22DD44CBD286ED452941C4" xlink:to="lab_us-gaap_CommonStockSharesOutstanding_B862A1F6CC22DD44CBD286ED452941C4" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquity_B5477B133E61ABDC0028874E8365513E_periodStartLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_B5477B133E61ABDC0028874E8365513E" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning Balance</link:label>
    <link:label id="lab_us-gaap_StockholdersEquity_B5477B133E61ABDC0028874E8365513E_label_en-US" xlink:label="lab_us-gaap_StockholdersEquity_B5477B133E61ABDC0028874E8365513E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_B5477B133E61ABDC0028874E8365513E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquity_B5477B133E61ABDC0028874E8365513E" xlink:to="lab_us-gaap_StockholdersEquity_B5477B133E61ABDC0028874E8365513E" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_7DA61BE9227366E7063E86ED45297638_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_7DA61BE9227366E7063E86ED45297638" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issuance of restricted stock grants (shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_7DA61BE9227366E7063E86ED45297638_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_7DA61BE9227366E7063E86ED45297638" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, Restricted Stock Award, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_7DA61BE9227366E7063E86ED45297638" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_7DA61BE9227366E7063E86ED45297638" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_7DA61BE9227366E7063E86ED45297638" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_B210737874C7320B34B786ED45294CFA_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_B210737874C7320B34B786ED45294CFA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issuance of restricted stock grants</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_B210737874C7320B34B786ED45294CFA_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_B210737874C7320B34B786ED45294CFA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, Restricted Stock Award, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_B210737874C7320B34B786ED45294CFA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_B210737874C7320B34B786ED45294CFA" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_B210737874C7320B34B786ED45294CFA" xlink:type="arc" />
    <link:label id="lab_dhil_AmortizationOfRestrictedStockGrants_3A5C33E822BCBAEED4A586ED45298EDD_terseLabel_en-US" xlink:label="lab_dhil_AmortizationOfRestrictedStockGrants_3A5C33E822BCBAEED4A586ED45298EDD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of restricted stock grants</link:label>
    <link:label id="lab_dhil_AmortizationOfRestrictedStockGrants_3A5C33E822BCBAEED4A586ED45298EDD_label_en-US" xlink:label="lab_dhil_AmortizationOfRestrictedStockGrants_3A5C33E822BCBAEED4A586ED45298EDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization Of Restricted Stock Grants</link:label>
    <link:label id="lab_dhil_AmortizationOfRestrictedStockGrants_3A5C33E822BCBAEED4A586ED45298EDD_documentation_en-US" xlink:label="lab_dhil_AmortizationOfRestrictedStockGrants_3A5C33E822BCBAEED4A586ED45298EDD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amortization of restricted stock grants.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_AmortizationOfRestrictedStockGrants" xlink:label="loc_dhil_AmortizationOfRestrictedStockGrants_3A5C33E822BCBAEED4A586ED45298EDD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_AmortizationOfRestrictedStockGrants_3A5C33E822BCBAEED4A586ED45298EDD" xlink:to="lab_dhil_AmortizationOfRestrictedStockGrants_3A5C33E822BCBAEED4A586ED45298EDD" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_AF2304E4C10A3528D96886ED45297B16_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_AF2304E4C10A3528D96886ED45297B16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issuance of stock grants (shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_AF2304E4C10A3528D96886ED45297B16" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_AF2304E4C10A3528D96886ED45297B16" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_AF2304E4C10A3528D96886ED45297B16" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_84B2AF95DD21A8248A9F86ED4529F0B2_verboseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_84B2AF95DD21A8248A9F86ED4529F0B2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Issuance of stock grants</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_84B2AF95DD21A8248A9F86ED4529F0B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_84B2AF95DD21A8248A9F86ED4529F0B2" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_84B2AF95DD21A8248A9F86ED4529F0B2" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_303D201704714B99BDB686ED45291674_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_303D201704714B99BDB686ED45291674" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issuance of common stock related to 401k plan match (shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_303D201704714B99BDB686ED45291674_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_303D201704714B99BDB686ED45291674" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, New Issues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_303D201704714B99BDB686ED45291674" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_303D201704714B99BDB686ED45291674" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_303D201704714B99BDB686ED45291674" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_89341D88660AAB8DF40C86ED452991B9_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_89341D88660AAB8DF40C86ED452991B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issuance of common stock related to 401k plan match</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_89341D88660AAB8DF40C86ED452991B9_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_89341D88660AAB8DF40C86ED452991B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, New Issues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_89341D88660AAB8DF40C86ED452991B9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_89341D88660AAB8DF40C86ED452991B9" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_89341D88660AAB8DF40C86ED452991B9" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_0BB594FE7FB8F451285286ED4529C0C1_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_0BB594FE7FB8F451285286ED4529C0C1" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Shares withheld related to employee tax withholding (shares)</link:label>
    <link:label id="lab_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_0BB594FE7FB8F451285286ED4529C0C1_label_en-US" xlink:label="lab_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_0BB594FE7FB8F451285286ED4529C0C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shares Paid for Tax Withholding for Share Based Compensation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation" xlink:label="loc_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_0BB594FE7FB8F451285286ED4529C0C1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_0BB594FE7FB8F451285286ED4529C0C1" xlink:to="lab_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_0BB594FE7FB8F451285286ED4529C0C1" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_4660FE43CBB32F0D71D486ED45294FB2_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_4660FE43CBB32F0D71D486ED45294FB2" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Shares withheld related to employee tax withholding</link:label>
    <link:label id="lab_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_4660FE43CBB32F0D71D486ED45294FB2_label_en-US" xlink:label="lab_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_4660FE43CBB32F0D71D486ED45294FB2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments Related to Tax Withholding for Share-based Compensation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation" xlink:label="loc_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_4660FE43CBB32F0D71D486ED45294FB2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_4660FE43CBB32F0D71D486ED45294FB2" xlink:to="lab_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_4660FE43CBB32F0D71D486ED45294FB2" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_826067717D19E8F3C8E186ED45296055_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_826067717D19E8F3C8E186ED45296055" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Forfeiture of restricted stock grants (shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_826067717D19E8F3C8E186ED45296055_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_826067717D19E8F3C8E186ED45296055" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, Restricted Stock Award, Forfeited</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_826067717D19E8F3C8E186ED45296055" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_826067717D19E8F3C8E186ED45296055" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_826067717D19E8F3C8E186ED45296055" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_42F4F8DF637C0F08DD7B86ED4529BD0B_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_42F4F8DF637C0F08DD7B86ED4529BD0B" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Forfeiture of restricted stock grants</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_42F4F8DF637C0F08DD7B86ED4529BD0B_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_42F4F8DF637C0F08DD7B86ED4529BD0B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, Restricted Stock Award, Forfeitures</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_42F4F8DF637C0F08DD7B86ED4529BD0B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_42F4F8DF637C0F08DD7B86ED4529BD0B" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_42F4F8DF637C0F08DD7B86ED4529BD0B" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLoss_8565070390D6FF14AA89871C311736D0_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_8565070390D6FF14AA89871C311736D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_8565070390D6FF14AA89871C311736D0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLoss_8565070390D6FF14AA89871C311736D0" xlink:to="lab_us-gaap_NetIncomeLoss_8565070390D6FF14AA89871C311736D0" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_3D96C3D07B597A8955A786ED4529F18E_periodEndLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_3D96C3D07B597A8955A786ED4529F18E" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance (shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_3D96C3D07B597A8955A786ED4529F18E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesOutstanding_3D96C3D07B597A8955A786ED4529F18E" xlink:to="lab_us-gaap_CommonStockSharesOutstanding_3D96C3D07B597A8955A786ED4529F18E" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquity_9D864C0CB61D32EC3AC38752F15B95E9_periodEndLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_9D864C0CB61D32EC3AC38752F15B95E9" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending Balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_9D864C0CB61D32EC3AC38752F15B95E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquity_9D864C0CB61D32EC3AC38752F15B95E9" xlink:to="lab_us-gaap_StockholdersEquity_9D864C0CB61D32EC3AC38752F15B95E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_B2BDA2BC4617EC2AE9AB8755ECCF64CA_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_B2BDA2BC4617EC2AE9AB8755ECCF64CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Temporary Equity [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_B2BDA2BC4617EC2AE9AB8755ECCF64CA_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_B2BDA2BC4617EC2AE9AB8755ECCF64CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Temporary Equity [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInTemporaryEquityRollForward" xlink:label="loc_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_B2BDA2BC4617EC2AE9AB8755ECCF64CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_B2BDA2BC4617EC2AE9AB8755ECCF64CA" xlink:to="lab_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_B2BDA2BC4617EC2AE9AB8755ECCF64CA" xlink:type="arc" />
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_6AE470E78326E81031788757F6C9F17D_periodStartLabel_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_6AE470E78326E81031788757F6C9F17D" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance attributable to redeemable noncontrolling Interests</link:label>
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_6AE470E78326E81031788757F6C9F17D_label_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_6AE470E78326E81031788757F6C9F17D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest, Equity, Carrying Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_6AE470E78326E81031788757F6C9F17D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_6AE470E78326E81031788757F6C9F17D" xlink:to="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_6AE470E78326E81031788757F6C9F17D" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_EB6A1ACBDD1743869B2E8756695683D1_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_EB6A1ACBDD1743869B2E8756695683D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Income Attributable to Redeemable Noncontrolling Interest</link:label>
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_EB6A1ACBDD1743869B2E8756695683D1_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_EB6A1ACBDD1743869B2E8756695683D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Attributable to Redeemable Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_EB6A1ACBDD1743869B2E8756695683D1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_EB6A1ACBDD1743869B2E8756695683D1" xlink:to="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_EB6A1ACBDD1743869B2E8756695683D1" xlink:type="arc" />
    <link:label id="lab_dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_1EC8DA8B72AD684ADD3987569F3C820B_terseLabel_en-US" xlink:label="lab_dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_1EC8DA8B72AD684ADD3987569F3C820B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net subscriptions of consolidated funds</link:label>
    <link:label id="lab_dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_1EC8DA8B72AD684ADD3987569F3C820B_label_en-US" xlink:label="lab_dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_1EC8DA8B72AD684ADD3987569F3C820B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subscription From Redemption Distribution To Noncontrolling Interest</link:label>
    <link:label id="lab_dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_1EC8DA8B72AD684ADD3987569F3C820B_documentation_en-US" xlink:label="lab_dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_1EC8DA8B72AD684ADD3987569F3C820B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">A positive value represents subscriptions net of redemptions and distributions to redeemable non-controlling interest holders.  A negative value represents redemptions and distributions paid to redeemable non-controlling interest holders net of subscriptions received.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest" xlink:label="loc_dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_1EC8DA8B72AD684ADD3987569F3C820B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_1EC8DA8B72AD684ADD3987569F3C820B" xlink:to="lab_dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_1EC8DA8B72AD684ADD3987569F3C820B" xlink:type="arc" />
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_14C0F4B7D2DB2604A3178754E567377C_periodEndLabel_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_14C0F4B7D2DB2604A3178754E567377C" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance attributable to redeemable noncontrolling Interests</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_14C0F4B7D2DB2604A3178754E567377C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_14C0F4B7D2DB2604A3178754E567377C" xlink:to="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_14C0F4B7D2DB2604A3178754E567377C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtDisclosureAbstract_18EAA7A690EE5C818A989C28F5444CB8_label_en-US" xlink:label="lab_us-gaap_DebtDisclosureAbstract_18EAA7A690EE5C818A989C28F5444CB8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="loc_us-gaap_DebtDisclosureAbstract_18EAA7A690EE5C818A989C28F5444CB8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtDisclosureAbstract_18EAA7A690EE5C818A989C28F5444CB8" xlink:to="lab_us-gaap_DebtDisclosureAbstract_18EAA7A690EE5C818A989C28F5444CB8" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityTable_78290A5E4B584BF46C8C9C28F545520B_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityTable_78290A5E4B584BF46C8C9C28F545520B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit Facility [Table]</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityTable_78290A5E4B584BF46C8C9C28F545520B_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityTable_78290A5E4B584BF46C8C9C28F545520B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityTable" xlink:label="loc_us-gaap_LineOfCreditFacilityTable_78290A5E4B584BF46C8C9C28F545520B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityTable_78290A5E4B584BF46C8C9C28F545520B" xlink:to="lab_us-gaap_LineOfCreditFacilityTable_78290A5E4B584BF46C8C9C28F545520B" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentAxis_0B6D5865E0986D97979E9C28F545F3D8_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_0B6D5865E0986D97979E9C28F545F3D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument [Axis]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentAxis_0B6D5865E0986D97979E9C28F545F3D8_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_0B6D5865E0986D97979E9C28F545F3D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="loc_us-gaap_DebtInstrumentAxis_0B6D5865E0986D97979E9C28F545F3D8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentAxis_0B6D5865E0986D97979E9C28F545F3D8" xlink:to="lab_us-gaap_DebtInstrumentAxis_0B6D5865E0986D97979E9C28F545F3D8" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentNameDomain_5B322F092C0E0523D1119C28F545265F_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_5B322F092C0E0523D1119C28F545265F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Name [Domain]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentNameDomain_5B322F092C0E0523D1119C28F545265F_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_5B322F092C0E0523D1119C28F545265F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_5B322F092C0E0523D1119C28F545265F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_5B322F092C0E0523D1119C28F545265F" xlink:to="lab_us-gaap_DebtInstrumentNameDomain_5B322F092C0E0523D1119C28F545265F" xlink:type="arc" />
    <link:label id="lab_dhil_TheCreditAgreementMember_D45F6359F7C03196F3ED9C28F545900A_terseLabel_en-US" xlink:label="lab_dhil_TheCreditAgreementMember_D45F6359F7C03196F3ED9C28F545900A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">The Credit Agreement</link:label>
    <link:label id="lab_dhil_TheCreditAgreementMember_D45F6359F7C03196F3ED9C28F545900A_label_en-US" xlink:label="lab_dhil_TheCreditAgreementMember_D45F6359F7C03196F3ED9C28F545900A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">The Credit Agreement [Member]</link:label>
    <link:label id="lab_dhil_TheCreditAgreementMember_D45F6359F7C03196F3ED9C28F545900A_documentation_en-US" xlink:label="lab_dhil_TheCreditAgreementMember_D45F6359F7C03196F3ED9C28F545900A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The Credit Agreement [Member]</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_TheCreditAgreementMember" xlink:label="loc_dhil_TheCreditAgreementMember_D45F6359F7C03196F3ED9C28F545900A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_TheCreditAgreementMember_D45F6359F7C03196F3ED9C28F545900A" xlink:to="lab_dhil_TheCreditAgreementMember_D45F6359F7C03196F3ED9C28F545900A" xlink:type="arc" />
    <link:label id="lab_us-gaap_CreditFacilityAxis_A649817473499F40E2969C28F545A4EB_terseLabel_en-US" xlink:label="lab_us-gaap_CreditFacilityAxis_A649817473499F40E2969C28F545A4EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit Facility [Axis]</link:label>
    <link:label id="lab_us-gaap_CreditFacilityAxis_A649817473499F40E2969C28F545A4EB_label_en-US" xlink:label="lab_us-gaap_CreditFacilityAxis_A649817473499F40E2969C28F545A4EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Facility [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="loc_us-gaap_CreditFacilityAxis_A649817473499F40E2969C28F545A4EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditFacilityAxis_A649817473499F40E2969C28F545A4EB" xlink:to="lab_us-gaap_CreditFacilityAxis_A649817473499F40E2969C28F545A4EB" xlink:type="arc" />
    <link:label id="lab_us-gaap_CreditFacilityDomain_4DF51F9CB464F2F699179C28F545B008_terseLabel_en-US" xlink:label="lab_us-gaap_CreditFacilityDomain_4DF51F9CB464F2F699179C28F545B008" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit Facility [Domain]</link:label>
    <link:label id="lab_us-gaap_CreditFacilityDomain_4DF51F9CB464F2F699179C28F545B008_label_en-US" xlink:label="lab_us-gaap_CreditFacilityDomain_4DF51F9CB464F2F699179C28F545B008" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Facility [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="loc_us-gaap_CreditFacilityDomain_4DF51F9CB464F2F699179C28F545B008" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditFacilityDomain_4DF51F9CB464F2F699179C28F545B008" xlink:to="lab_us-gaap_CreditFacilityDomain_4DF51F9CB464F2F699179C28F545B008" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditMember_A06A7F316689641DBCD99C28F5450A5B_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditMember_A06A7F316689641DBCD99C28F5450A5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit</link:label>
    <link:label id="lab_us-gaap_LineOfCreditMember_A06A7F316689641DBCD99C28F5450A5B_label_en-US" xlink:label="lab_us-gaap_LineOfCreditMember_A06A7F316689641DBCD99C28F5450A5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditMember" xlink:label="loc_us-gaap_LineOfCreditMember_A06A7F316689641DBCD99C28F5450A5B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditMember_A06A7F316689641DBCD99C28F5450A5B" xlink:to="lab_us-gaap_LineOfCreditMember_A06A7F316689641DBCD99C28F5450A5B" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableRateAxis_727BF3E3BB0FC74E362D9C28F5465CB5_terseLabel_en-US" xlink:label="lab_us-gaap_VariableRateAxis_727BF3E3BB0FC74E362D9C28F5465CB5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate [Axis]</link:label>
    <link:label id="lab_us-gaap_VariableRateAxis_727BF3E3BB0FC74E362D9C28F5465CB5_label_en-US" xlink:label="lab_us-gaap_VariableRateAxis_727BF3E3BB0FC74E362D9C28F5465CB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableRateAxis" xlink:label="loc_us-gaap_VariableRateAxis_727BF3E3BB0FC74E362D9C28F5465CB5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableRateAxis_727BF3E3BB0FC74E362D9C28F5465CB5" xlink:to="lab_us-gaap_VariableRateAxis_727BF3E3BB0FC74E362D9C28F5465CB5" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableRateDomain_CA340DFCD30699F716829C28F546CB82_terseLabel_en-US" xlink:label="lab_us-gaap_VariableRateDomain_CA340DFCD30699F716829C28F546CB82" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate [Domain]</link:label>
    <link:label id="lab_us-gaap_VariableRateDomain_CA340DFCD30699F716829C28F546CB82_label_en-US" xlink:label="lab_us-gaap_VariableRateDomain_CA340DFCD30699F716829C28F546CB82" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableRateDomain" xlink:label="loc_us-gaap_VariableRateDomain_CA340DFCD30699F716829C28F546CB82" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableRateDomain_CA340DFCD30699F716829C28F546CB82" xlink:to="lab_us-gaap_VariableRateDomain_CA340DFCD30699F716829C28F546CB82" xlink:type="arc" />
    <link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_47DA5E3068AA1D60431A9C28F5465D84_terseLabel_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_47DA5E3068AA1D60431A9C28F5465D84" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">London Interbank Offered Rate (LIBOR)</link:label>
    <link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_47DA5E3068AA1D60431A9C28F5465D84_label_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_47DA5E3068AA1D60431A9C28F5465D84" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">London Interbank Offered Rate (LIBOR) [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LondonInterbankOfferedRateLIBORMember" xlink:label="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_47DA5E3068AA1D60431A9C28F5465D84" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_47DA5E3068AA1D60431A9C28F5465D84" xlink:to="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_47DA5E3068AA1D60431A9C28F5465D84" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityLineItems_B259D568A257F78F23F19C28F547C242_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityLineItems_B259D568A257F78F23F19C28F547C242" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit Facility [Line Items]</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityLineItems_B259D568A257F78F23F19C28F547C242_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityLineItems_B259D568A257F78F23F19C28F547C242" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityLineItems" xlink:label="loc_us-gaap_LineOfCreditFacilityLineItems_B259D568A257F78F23F19C28F547C242" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityLineItems_B259D568A257F78F23F19C28F547C242" xlink:to="lab_us-gaap_LineOfCreditFacilityLineItems_B259D568A257F78F23F19C28F547C242" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_F781F5C185C8B92B57CA9C28F547851D_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_F781F5C185C8B92B57CA9C28F547851D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit, Remaining Borrowing capacity</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_F781F5C185C8B92B57CA9C28F547851D_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_F781F5C185C8B92B57CA9C28F547851D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Remaining Borrowing Capacity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_F781F5C185C8B92B57CA9C28F547851D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_F781F5C185C8B92B57CA9C28F547851D" xlink:to="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_F781F5C185C8B92B57CA9C28F547851D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_E2813BBC43D2C1CE8CFB9C28F54749D3_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_E2813BBC43D2C1CE8CFB9C28F54749D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit, Interest rate description</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_E2813BBC43D2C1CE8CFB9C28F54749D3_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_E2813BBC43D2C1CE8CFB9C28F54749D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Basis Spread on Variable Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_E2813BBC43D2C1CE8CFB9C28F54749D3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_E2813BBC43D2C1CE8CFB9C28F54749D3" xlink:to="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_E2813BBC43D2C1CE8CFB9C28F54749D3" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_1B59E622F9AF61E2CE6C9C28F5477286_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_1B59E622F9AF61E2CE6C9C28F5477286" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit, Unused Capacity, Commitment fee percentage</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_1B59E622F9AF61E2CE6C9C28F5477286_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_1B59E622F9AF61E2CE6C9C28F5477286" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Unused Capacity, Commitment Fee Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" xlink:label="loc_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_1B59E622F9AF61E2CE6C9C28F5477286" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_1B59E622F9AF61E2CE6C9C28F5477286" xlink:to="lab_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_1B59E622F9AF61E2CE6C9C28F5477286" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_1D2060B759D83CF53BE29D74E4944367_terseLabel_en-US" xlink:label="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_D50B992DE14057648BB8079F93E3DFC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Compensation Plans</link:label>
    <link:label id="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_1D2060B759D83CF53BE29D74E4944367_label_en-US" xlink:label="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_D50B992DE14057648BB8079F93E3DFC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Compensation Related Costs, Share-based Payments [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_D50B992DE14057648BB8079F93E3DFC7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_D50B992DE14057648BB8079F93E3DFC7" xlink:to="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_D50B992DE14057648BB8079F93E3DFC7" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareTextBlock_3C764E2C3D01296850409D74E436A1BB_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareTextBlock_459657F56ED15449A36D1CB9B4346962" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings Per Share</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareTextBlock_3C764E2C3D01296850409D74E436A1BB_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareTextBlock_459657F56ED15449A36D1CB9B4346962" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="loc_us-gaap_EarningsPerShareTextBlock_459657F56ED15449A36D1CB9B4346962" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareTextBlock_459657F56ED15449A36D1CB9B4346962" xlink:to="lab_us-gaap_EarningsPerShareTextBlock_459657F56ED15449A36D1CB9B4346962" xlink:type="arc" />
    <link:label id="lab_dhil_EquityMethodInvestmentsAbstract_4C7C0081AD0885AD3FD487C50D7EA731_label_en-US" xlink:label="lab_dhil_EquityMethodInvestmentsAbstract_4C7C0081AD0885AD3FD487C50D7EA731" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investments [Abstract]</link:label>
    <link:label id="lab_dhil_EquityMethodInvestmentsAbstract_4C7C0081AD0885AD3FD487C50D7EA731_documentation_en-US" xlink:label="lab_dhil_EquityMethodInvestmentsAbstract_4C7C0081AD0885AD3FD487C50D7EA731" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity Method Investments [Abstract]</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EquityMethodInvestmentsAbstract" xlink:label="loc_dhil_EquityMethodInvestmentsAbstract_4C7C0081AD0885AD3FD487C50D7EA731" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_EquityMethodInvestmentsAbstract_4C7C0081AD0885AD3FD487C50D7EA731" xlink:to="lab_dhil_EquityMethodInvestmentsAbstract_4C7C0081AD0885AD3FD487C50D7EA731" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentsTable_782715EF185106750F6687C50F869D26_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentsTable_782715EF185106750F6687C50F869D26" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Equity Method Investments [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentsTable_782715EF185106750F6687C50F869D26_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentsTable_782715EF185106750F6687C50F869D26" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Equity Method Investments [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentsTable" xlink:label="loc_us-gaap_ScheduleOfEquityMethodInvestmentsTable_782715EF185106750F6687C50F869D26" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEquityMethodInvestmentsTable_782715EF185106750F6687C50F869D26" xlink:to="lab_us-gaap_ScheduleOfEquityMethodInvestmentsTable_782715EF185106750F6687C50F869D26" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentTypeAxis_79F734E85BF957AC08EF87C50FDE15AD_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_79F734E85BF957AC08EF87C50FDE15AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment Type [Axis]</link:label>
    <link:label id="lab_us-gaap_InvestmentTypeAxis_79F734E85BF957AC08EF87C50FDE15AD_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_79F734E85BF957AC08EF87C50FDE15AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="loc_us-gaap_InvestmentTypeAxis_79F734E85BF957AC08EF87C50FDE15AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentTypeAxis_79F734E85BF957AC08EF87C50FDE15AD" xlink:to="lab_us-gaap_InvestmentTypeAxis_79F734E85BF957AC08EF87C50FDE15AD" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments [Domain]</link:label>
    <link:label id="lab_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="loc_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39" xlink:to="lab_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39" xlink:type="arc" />
    <link:label id="lab_dhil_MidCapFundMember_047FA4A4CA487DDDFDDD87C5101D59E6_terseLabel_en-US" xlink:label="lab_dhil_MidCapFundMember_047FA4A4CA487DDDFDDD87C5101D59E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mid Cap Fund</link:label>
    <link:label id="lab_dhil_MidCapFundMember_047FA4A4CA487DDDFDDD87C5101D59E6_label_en-US" xlink:label="lab_dhil_MidCapFundMember_047FA4A4CA487DDDFDDD87C5101D59E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mid Cap Fund [Member]</link:label>
    <link:label id="lab_dhil_MidCapFundMember_047FA4A4CA487DDDFDDD87C5101D59E6_documentation_en-US" xlink:label="lab_dhil_MidCapFundMember_047FA4A4CA487DDDFDDD87C5101D59E6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mid Cap Fund [Member]</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_MidCapFundMember" xlink:label="loc_dhil_MidCapFundMember_047FA4A4CA487DDDFDDD87C5101D59E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_MidCapFundMember_047FA4A4CA487DDDFDDD87C5101D59E6" xlink:to="lab_dhil_MidCapFundMember_047FA4A4CA487DDDFDDD87C5101D59E6" xlink:type="arc" />
    <link:label id="lab_dhil_ResearchOpportunitiesFundMember_9E8821D4584C09E047B887C5103C0911_terseLabel_en-US" xlink:label="lab_dhil_ResearchOpportunitiesFundMember_9E8821D4584C09E047B887C5103C0911" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Research Opportunities Fund</link:label>
    <link:label id="lab_dhil_ResearchOpportunitiesFundMember_9E8821D4584C09E047B887C5103C0911_label_en-US" xlink:label="lab_dhil_ResearchOpportunitiesFundMember_9E8821D4584C09E047B887C5103C0911" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Research Opportunities Fund [Member]</link:label>
    <link:label id="lab_dhil_ResearchOpportunitiesFundMember_9E8821D4584C09E047B887C5103C0911_documentation_en-US" xlink:label="lab_dhil_ResearchOpportunitiesFundMember_9E8821D4584C09E047B887C5103C0911" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Research opportunities fund.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_ResearchOpportunitiesFundMember" xlink:label="loc_dhil_ResearchOpportunitiesFundMember_9E8821D4584C09E047B887C5103C0911" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_ResearchOpportunitiesFundMember_9E8821D4584C09E047B887C5103C0911" xlink:to="lab_dhil_ResearchOpportunitiesFundMember_9E8821D4584C09E047B887C5103C0911" xlink:type="arc" />
    <link:label id="lab_dhil_GlobalFundLPMember_12D9D020A2F19125387887C5105BCC88_terseLabel_en-US" xlink:label="lab_dhil_GlobalFundLPMember_12D9D020A2F19125387887C5105BCC88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Global Fund LP</link:label>
    <link:label id="lab_dhil_GlobalFundLPMember_12D9D020A2F19125387887C5105BCC88_label_en-US" xlink:label="lab_dhil_GlobalFundLPMember_12D9D020A2F19125387887C5105BCC88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global Fund LP [Member]</link:label>
    <link:label id="lab_dhil_GlobalFundLPMember_12D9D020A2F19125387887C5105BCC88_documentation_en-US" xlink:label="lab_dhil_GlobalFundLPMember_12D9D020A2F19125387887C5105BCC88" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global Fund LP</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_GlobalFundLPMember" xlink:label="loc_dhil_GlobalFundLPMember_12D9D020A2F19125387887C5105BCC88" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_GlobalFundLPMember_12D9D020A2F19125387887C5105BCC88" xlink:to="lab_dhil_GlobalFundLPMember_12D9D020A2F19125387887C5105BCC88" xlink:type="arc" />
    <link:label id="lab_dhil_InternationalEquityFundLPMember_B51497835315AC4963E587C5107B4109_terseLabel_en-US" xlink:label="lab_dhil_InternationalEquityFundLPMember_B51497835315AC4963E587C5107B4109" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">International Equity Fund LP</link:label>
    <link:label id="lab_dhil_InternationalEquityFundLPMember_B51497835315AC4963E587C5107B4109_label_en-US" xlink:label="lab_dhil_InternationalEquityFundLPMember_B51497835315AC4963E587C5107B4109" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">International Equity Fund LP [Member]</link:label>
    <link:label id="lab_dhil_InternationalEquityFundLPMember_B51497835315AC4963E587C5107B4109_documentation_en-US" xlink:label="lab_dhil_InternationalEquityFundLPMember_B51497835315AC4963E587C5107B4109" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">International Equity Fund LP</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_InternationalEquityFundLPMember" xlink:label="loc_dhil_InternationalEquityFundLPMember_B51497835315AC4963E587C5107B4109" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_InternationalEquityFundLPMember_B51497835315AC4963E587C5107B4109" xlink:to="lab_dhil_InternationalEquityFundLPMember_B51497835315AC4963E587C5107B4109" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_96F710E8BE7135ED4A7B87C50F86BCF2_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_96F710E8BE7135ED4A7B87C50F86BCF2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Equity Method Investments [Line Items]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_96F710E8BE7135ED4A7B87C50F86BCF2_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_96F710E8BE7135ED4A7B87C50F86BCF2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Equity Method Investments [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentsLineItems" xlink:label="loc_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_96F710E8BE7135ED4A7B87C50F86BCF2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_96F710E8BE7135ED4A7B87C50F86BCF2" xlink:to="lab_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_96F710E8BE7135ED4A7B87C50F86BCF2" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_A0F9C9CD8736D1F6546087C50FBFE04F_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_A0F9C9CD8736D1F6546087C50FBFE04F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Ownership Percentage</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_A0F9C9CD8736D1F6546087C50FBFE04F_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_A0F9C9CD8736D1F6546087C50FBFE04F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Ownership Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_A0F9C9CD8736D1F6546087C50FBFE04F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_A0F9C9CD8736D1F6546087C50FBFE04F" xlink:to="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_A0F9C9CD8736D1F6546087C50FBFE04F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_981FD35260D24A9314AFE7E9797ED217_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_97941AF61FFF5F7BADCE178404CBCCC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Roll-Forward of Outstanding Restricted Stock Grants Issued</link:label>
    <link:label id="lab_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_981FD35260D24A9314AFE7E9797ED217_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_97941AF61FFF5F7BADCE178404CBCCC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_97941AF61FFF5F7BADCE178404CBCCC2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_97941AF61FFF5F7BADCE178404CBCCC2" xlink:to="lab_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_97941AF61FFF5F7BADCE178404CBCCC2" xlink:type="arc" />
    <link:label id="lab_dhil_ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock_FC64D49CE497E36E372BE7E9797F8AAB_terseLabel_en-US" xlink:label="lab_dhil_ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock_8D2201BB126C5C9EB51877B3699627AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expense Recognition of Deferred Compensation</link:label>
    <link:label id="lab_dhil_ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock_FC64D49CE497E36E372BE7E9797F8AAB_label_en-US" xlink:label="lab_dhil_ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock_8D2201BB126C5C9EB51877B3699627AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Expense Recognition of Deferred Compensation Arrangement [Table Text Block]</link:label>
    <link:label id="lab_dhil_ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock_FC64D49CE497E36E372BE7E9797F8AAB_documentation_en-US" xlink:label="lab_dhil_ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock_8D2201BB126C5C9EB51877B3699627AA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of expense recognition of deferred compensation arrangement.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock" xlink:label="loc_dhil_ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock_8D2201BB126C5C9EB51877B3699627AA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock_8D2201BB126C5C9EB51877B3699627AA" xlink:to="lab_dhil_ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock_8D2201BB126C5C9EB51877B3699627AA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock_45BE485BAF9176B00C94E7E9797F918D_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock_B65F12841A0D588695E1830201B23B9D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock_45BE485BAF9176B00C94E7E9797F918D_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock_B65F12841A0D588695E1830201B23B9D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock_B65F12841A0D588695E1830201B23B9D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock_B65F12841A0D588695E1830201B23B9D" xlink:to="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock_B65F12841A0D588695E1830201B23B9D" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsAbstract_65B1E0529600E20CC1079C28F737425D_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_65B1E0529600E20CC1079C28F737425D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ASSETS</link:label>
    <link:label id="lab_us-gaap_AssetsAbstract_65B1E0529600E20CC1079C28F737425D_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_65B1E0529600E20CC1079C28F737425D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_65B1E0529600E20CC1079C28F737425D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsAbstract_65B1E0529600E20CC1079C28F737425D" xlink:to="lab_us-gaap_AssetsAbstract_65B1E0529600E20CC1079C28F737425D" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_EB6E5FEA78B87EE483F09C28F7378A07_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_EB6E5FEA78B87EE483F09C28F7378A07" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_EB6E5FEA78B87EE483F09C28F7378A07" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_EB6E5FEA78B87EE483F09C28F7378A07" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_EB6E5FEA78B87EE483F09C28F7378A07" xlink:type="arc" />
    <link:label id="lab_us-gaap_Investments_83CB783E0C644789FEDD9C28F7376AD7_terseLabel_en-US" xlink:label="lab_us-gaap_Investments_83CB783E0C644789FEDD9C28F7376AD7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment portfolio</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="loc_us-gaap_Investments_83CB783E0C644789FEDD9C28F7376AD7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Investments_83CB783E0C644789FEDD9C28F7376AD7" xlink:to="lab_us-gaap_Investments_83CB783E0C644789FEDD9C28F7376AD7" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsReceivableNet_E319A244F1FBB4BDA1569C28F737F077_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_E319A244F1FBB4BDA1569C28F737F077" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable</link:label>
    <link:label id="lab_us-gaap_AccountsReceivableNet_E319A244F1FBB4BDA1569C28F737F077_label_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_E319A244F1FBB4BDA1569C28F737F077" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Receivable, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="loc_us-gaap_AccountsReceivableNet_E319A244F1FBB4BDA1569C28F737F077" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsReceivableNet_E319A244F1FBB4BDA1569C28F737F077" xlink:to="lab_us-gaap_AccountsReceivableNet_E319A244F1FBB4BDA1569C28F737F077" xlink:type="arc" />
    <link:label id="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_D9540BD6A4C8DDC53F709C28F73722F2_terseLabel_en-US" xlink:label="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_D9540BD6A4C8DDC53F709C28F73722F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaid expenses</link:label>
    <link:label id="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_D9540BD6A4C8DDC53F709C28F73722F2_label_en-US" xlink:label="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_D9540BD6A4C8DDC53F709C28F73722F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PrepaidExpenseCurrentAndNoncurrent" xlink:label="loc_us-gaap_PrepaidExpenseCurrentAndNoncurrent_D9540BD6A4C8DDC53F709C28F73722F2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrepaidExpenseCurrentAndNoncurrent_D9540BD6A4C8DDC53F709C28F73722F2" xlink:to="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_D9540BD6A4C8DDC53F709C28F73722F2" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxesReceivable_7452604E147156BEA1059C28F737259E_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxesReceivable_7452604E147156BEA1059C28F737259E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income taxes receivable</link:label>
    <link:label id="lab_us-gaap_IncomeTaxesReceivable_7452604E147156BEA1059C28F737259E_label_en-US" xlink:label="lab_us-gaap_IncomeTaxesReceivable_7452604E147156BEA1059C28F737259E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Taxes Receivable, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxesReceivable" xlink:label="loc_us-gaap_IncomeTaxesReceivable_7452604E147156BEA1059C28F737259E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxesReceivable_7452604E147156BEA1059C28F737259E" xlink:to="lab_us-gaap_IncomeTaxesReceivable_7452604E147156BEA1059C28F737259E" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_27371760C745CB94616D9C28F7375CD9_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_27371760C745CB94616D9C28F7375CD9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property and equipment, net of depreciation</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_27371760C745CB94616D9C28F7375CD9_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_27371760C745CB94616D9C28F7375CD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_27371760C745CB94616D9C28F7375CD9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_27371760C745CB94616D9C28F7375CD9" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNet_27371760C745CB94616D9C28F7375CD9" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsNet_E9D4CECBD0393E810BE79C28F737159F_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsNet_E9D4CECBD0393E810BE79C28F737159F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred taxes</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsNet_E9D4CECBD0393E810BE79C28F737159F_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsNet_E9D4CECBD0393E810BE79C28F737159F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Net of Valuation Allowance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="loc_us-gaap_DeferredTaxAssetsNet_E9D4CECBD0393E810BE79C28F737159F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_E9D4CECBD0393E810BE79C28F737159F" xlink:to="lab_us-gaap_DeferredTaxAssetsNet_E9D4CECBD0393E810BE79C28F737159F" xlink:type="arc" />
    <link:label id="lab_us-gaap_Assets_0D749D36A6F517F0F7639C28F738274E_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_0D749D36A6F517F0F7639C28F738274E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_us-gaap_Assets_0D749D36A6F517F0F7639C28F738274E_label_en-US" xlink:label="lab_us-gaap_Assets_0D749D36A6F517F0F7639C28F738274E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_0D749D36A6F517F0F7639C28F738274E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets_0D749D36A6F517F0F7639C28F738274E" xlink:to="lab_us-gaap_Assets_0D749D36A6F517F0F7639C28F738274E" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D5E64068648D18D58D319C28F738CDC7_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D5E64068648D18D58D319C28F738CDC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIABILITIES AND SHAREHOLDERS&#8217; EQUITY</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D5E64068648D18D58D319C28F738CDC7_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D5E64068648D18D58D319C28F738CDC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D5E64068648D18D58D319C28F738CDC7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D5E64068648D18D58D319C28F738CDC7" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D5E64068648D18D58D319C28F738CDC7" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAbstract_3D6B9AAFB529F04B04359C28F7380BF7_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_3D6B9AAFB529F04B04359C28F7380BF7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAbstract_3D6B9AAFB529F04B04359C28F7380BF7_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_3D6B9AAFB529F04B04359C28F7380BF7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="loc_us-gaap_LiabilitiesAbstract_3D6B9AAFB529F04B04359C28F7380BF7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAbstract_3D6B9AAFB529F04B04359C28F7380BF7" xlink:to="lab_us-gaap_LiabilitiesAbstract_3D6B9AAFB529F04B04359C28F7380BF7" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_64D58C6C15D75CD5BCF09C28F738D5D9_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_64D58C6C15D75CD5BCF09C28F738D5D9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and accrued expenses</link:label>
    <link:label id="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_64D58C6C15D75CD5BCF09C28F738D5D9_label_en-US" xlink:label="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_64D58C6C15D75CD5BCF09C28F738D5D9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Payable and Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_64D58C6C15D75CD5BCF09C28F738D5D9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_64D58C6C15D75CD5BCF09C28F738D5D9" xlink:to="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_64D58C6C15D75CD5BCF09C28F738D5D9" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccruedBonusesCurrent_97A9307824BFF0226D2B9C28F73883FB_terseLabel_en-US" xlink:label="lab_us-gaap_AccruedBonusesCurrent_97A9307824BFF0226D2B9C28F73883FB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued incentive compensation</link:label>
    <link:label id="lab_us-gaap_AccruedBonusesCurrent_97A9307824BFF0226D2B9C28F73883FB_label_en-US" xlink:label="lab_us-gaap_AccruedBonusesCurrent_97A9307824BFF0226D2B9C28F73883FB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Bonuses, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedBonusesCurrent" xlink:label="loc_us-gaap_AccruedBonusesCurrent_97A9307824BFF0226D2B9C28F73883FB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccruedBonusesCurrent_97A9307824BFF0226D2B9C28F73883FB" xlink:to="lab_us-gaap_AccruedBonusesCurrent_97A9307824BFF0226D2B9C28F73883FB" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_36BF97B54BAC7EB0542D9C28F738802D_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_36BF97B54BAC7EB0542D9C28F738802D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred compensation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent" xlink:label="loc_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_36BF97B54BAC7EB0542D9C28F738802D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_36BF97B54BAC7EB0542D9C28F738802D" xlink:to="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_36BF97B54BAC7EB0542D9C28F738802D" xlink:type="arc" />
    <link:label id="lab_us-gaap_TaxesPayableCurrent_1A806A42B304887B21759C28F738C1AD_terseLabel_en-US" xlink:label="lab_us-gaap_TaxesPayableCurrent_1A806A42B304887B21759C28F738C1AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income taxes payable</link:label>
    <link:label id="lab_us-gaap_TaxesPayableCurrent_1A806A42B304887B21759C28F738C1AD_label_en-US" xlink:label="lab_us-gaap_TaxesPayableCurrent_1A806A42B304887B21759C28F738C1AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Taxes Payable, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TaxesPayableCurrent" xlink:label="loc_us-gaap_TaxesPayableCurrent_1A806A42B304887B21759C28F738C1AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TaxesPayableCurrent_1A806A42B304887B21759C28F738C1AD" xlink:to="lab_us-gaap_TaxesPayableCurrent_1A806A42B304887B21759C28F738C1AD" xlink:type="arc" />
    <link:label id="lab_us-gaap_Liabilities_2081475B678C118951B39C28F73853D7_totalLabel_en-US" xlink:label="lab_us-gaap_Liabilities_2081475B678C118951B39C28F73853D7" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:label id="lab_us-gaap_Liabilities_2081475B678C118951B39C28F73853D7_label_en-US" xlink:label="lab_us-gaap_Liabilities_2081475B678C118951B39C28F73853D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_2081475B678C118951B39C28F73853D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Liabilities_2081475B678C118951B39C28F73853D7" xlink:to="lab_us-gaap_Liabilities_2081475B678C118951B39C28F73853D7" xlink:type="arc" />
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestEquityCommonFairValue_E26079CFBCF8BA5906BC9C28F7386179_terseLabel_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestEquityCommonFairValue_E26079CFBCF8BA5906BC9C28F7386179" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Redeemable noncontrolling interest</link:label>
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestEquityCommonFairValue_E26079CFBCF8BA5906BC9C28F7386179_label_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestEquityCommonFairValue_E26079CFBCF8BA5906BC9C28F7386179" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest, Equity, Common, Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCommonFairValue" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCommonFairValue_E26079CFBCF8BA5906BC9C28F7386179" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RedeemableNoncontrollingInterestEquityCommonFairValue_E26079CFBCF8BA5906BC9C28F7386179" xlink:to="lab_us-gaap_RedeemableNoncontrollingInterestEquityCommonFairValue_E26079CFBCF8BA5906BC9C28F7386179" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityAbstract_C640907FFAB0D6DB16999C28F7387D3D_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract_C640907FFAB0D6DB16999C28F7387D3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shareholders&#8217; equity</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityAbstract_C640907FFAB0D6DB16999C28F7387D3D_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract_C640907FFAB0D6DB16999C28F7387D3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Parent [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="loc_us-gaap_StockholdersEquityAbstract_C640907FFAB0D6DB16999C28F7387D3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityAbstract_C640907FFAB0D6DB16999C28F7387D3D" xlink:to="lab_us-gaap_StockholdersEquityAbstract_C640907FFAB0D6DB16999C28F7387D3D" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockValue_1243144EF71AD68ED8989C28F7388852_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockValue_1243144EF71AD68ED8989C28F7388852" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, no par value 7,000,000 shares authorized; 3,443,013 issued and outstanding at March 31, 2017 (inclusive of 201,750 unvested shares); 3,411,556 issued and outstanding at December 31, 2016 (inclusive of 201,800 unvested shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockValue_1243144EF71AD68ED8989C28F7388852_label_en-US" xlink:label="lab_us-gaap_CommonStockValue_1243144EF71AD68ED8989C28F7388852" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Value, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaap_CommonStockValue_1243144EF71AD68ED8989C28F7388852" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockValue_1243144EF71AD68ED8989C28F7388852" xlink:to="lab_us-gaap_CommonStockValue_1243144EF71AD68ED8989C28F7388852" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockValue_887B8A6E1BED02055CFE9C28F739330A_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockValue_887B8A6E1BED02055CFE9C28F739330A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock, undesignated, 1,000,000 shares authorized and unissued</link:label>
    <link:label id="lab_us-gaap_PreferredStockValue_887B8A6E1BED02055CFE9C28F739330A_label_en-US" xlink:label="lab_us-gaap_PreferredStockValue_887B8A6E1BED02055CFE9C28F739330A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Value, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="loc_us-gaap_PreferredStockValue_887B8A6E1BED02055CFE9C28F739330A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockValue_887B8A6E1BED02055CFE9C28F739330A" xlink:to="lab_us-gaap_PreferredStockValue_887B8A6E1BED02055CFE9C28F739330A" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredCompensationEquity_2C3E7761C3352B0853849C28F739FA2A_negatedLabel_en-US" xlink:label="lab_us-gaap_DeferredCompensationEquity_2C3E7761C3352B0853849C28F739FA2A" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Deferred equity compensation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationEquity" xlink:label="loc_us-gaap_DeferredCompensationEquity_2C3E7761C3352B0853849C28F739FA2A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredCompensationEquity_2C3E7761C3352B0853849C28F739FA2A" xlink:to="lab_us-gaap_DeferredCompensationEquity_2C3E7761C3352B0853849C28F739FA2A" xlink:type="arc" />
    <link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_FB2465528BDC933718B49C28F739E83F_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_FB2465528BDC933718B49C28F739E83F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained earnings</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_FB2465528BDC933718B49C28F739E83F_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_FB2465528BDC933718B49C28F739E83F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings (Accumulated Deficit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_FB2465528BDC933718B49C28F739E83F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsAccumulatedDeficit_FB2465528BDC933718B49C28F739E83F" xlink:to="lab_us-gaap_RetainedEarningsAccumulatedDeficit_FB2465528BDC933718B49C28F739E83F" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquity_F85171F271DCDE3238A49C28F7397A2E_totalLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_F85171F271DCDE3238A49C28F7397A2E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total shareholders&#8217; equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_F85171F271DCDE3238A49C28F7397A2E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquity_F85171F271DCDE3238A49C28F7397A2E" xlink:to="lab_us-gaap_StockholdersEquity_F85171F271DCDE3238A49C28F7397A2E" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_1E8A545C5BA5453718AA9C28F739C87D_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_1E8A545C5BA5453718AA9C28F739C87D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities and shareholders&#8217; equity</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_1E8A545C5BA5453718AA9C28F739C87D_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_1E8A545C5BA5453718AA9C28F739C87D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_1E8A545C5BA5453718AA9C28F739C87D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_1E8A545C5BA5453718AA9C28F739C87D" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquity_1E8A545C5BA5453718AA9C28F739C87D" xlink:type="arc" />
    <link:label id="lab_dhil_BookValuePerShare_DEF7494A3779E1D417729C28F739B6C8_terseLabel_en-US" xlink:label="lab_dhil_BookValuePerShare_DEF7494A3779E1D417729C28F739B6C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Book value per share (usd per share)</link:label>
    <link:label id="lab_dhil_BookValuePerShare_DEF7494A3779E1D417729C28F739B6C8_label_en-US" xlink:label="lab_dhil_BookValuePerShare_DEF7494A3779E1D417729C28F739B6C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Book Value Per Share</link:label>
    <link:label id="lab_dhil_BookValuePerShare_DEF7494A3779E1D417729C28F739B6C8_documentation_en-US" xlink:label="lab_dhil_BookValuePerShare_DEF7494A3779E1D417729C28F739B6C8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Book value per share is computed by dividing total shareholders' equity by the number of shares issued and outstanding at the end of the measurement period.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_BookValuePerShare" xlink:label="loc_dhil_BookValuePerShare_DEF7494A3779E1D417729C28F739B6C8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_BookValuePerShare_DEF7494A3779E1D417729C28F739B6C8" xlink:to="lab_dhil_BookValuePerShare_DEF7494A3779E1D417729C28F739B6C8" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_BE9C319C024A69AD37FD9D74E465448D_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_CD680BE848D1574989956C5E03094668" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment Portfolio</link:label>
    <link:label id="lab_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_BE9C319C024A69AD37FD9D74E465448D_label_en-US" xlink:label="lab_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_CD680BE848D1574989956C5E03094668" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:label="loc_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_CD680BE848D1574989956C5E03094668" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_CD680BE848D1574989956C5E03094668" xlink:to="lab_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_CD680BE848D1574989956C5E03094668" xlink:type="arc" />
    <link:label id="lab_dhil_SharesOutstandingMember_17C03A97038A76CB38A89D74E4365E27_terseLabel_en-US" xlink:label="lab_dhil_SharesOutstandingMember_31FD19E9BBC7505B93A995CA3A06A5DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares Outstanding</link:label>
    <link:label id="lab_dhil_SharesOutstandingMember_17C03A97038A76CB38A89D74E4365E27_label_en-US" xlink:label="lab_dhil_SharesOutstandingMember_31FD19E9BBC7505B93A995CA3A06A5DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shares Outstanding [Member]</link:label>
    <link:label id="lab_dhil_SharesOutstandingMember_17C03A97038A76CB38A89D74E4365E27_documentation_en-US" xlink:label="lab_dhil_SharesOutstandingMember_31FD19E9BBC7505B93A995CA3A06A5DE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Shares outstanding.</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_SharesOutstandingMember" xlink:label="loc_dhil_SharesOutstandingMember_31FD19E9BBC7505B93A995CA3A06A5DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_SharesOutstandingMember_31FD19E9BBC7505B93A995CA3A06A5DE" xlink:to="lab_dhil_SharesOutstandingMember_31FD19E9BBC7505B93A995CA3A06A5DE" xlink:type="arc" />
    <link:label id="lab_us-gaap_LeasesOfLesseeDisclosureTextBlock_1F062F7BA5BC63DB8BED9D74E4941E95_terseLabel_en-US" xlink:label="lab_us-gaap_LeasesOfLesseeDisclosureTextBlock_3E4E0E3EEA935DC09E32E53902EB9B27" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Leases</link:label>
    <link:label id="lab_us-gaap_LeasesOfLesseeDisclosureTextBlock_1F062F7BA5BC63DB8BED9D74E4941E95_label_en-US" xlink:label="lab_us-gaap_LeasesOfLesseeDisclosureTextBlock_3E4E0E3EEA935DC09E32E53902EB9B27" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leases of Lessee Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LeasesOfLesseeDisclosureTextBlock" xlink:label="loc_us-gaap_LeasesOfLesseeDisclosureTextBlock_3E4E0E3EEA935DC09E32E53902EB9B27" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LeasesOfLesseeDisclosureTextBlock_3E4E0E3EEA935DC09E32E53902EB9B27" xlink:to="lab_us-gaap_LeasesOfLesseeDisclosureTextBlock_3E4E0E3EEA935DC09E32E53902EB9B27" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_8A164088F7E0F0CB349886ED446A457B_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_8A164088F7E0F0CB349886ED446A457B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remainder of 2017</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_8A164088F7E0F0CB349886ED446A457B_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_8A164088F7E0F0CB349886ED446A457B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Remainder of Fiscal Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_8A164088F7E0F0CB349886ED446A457B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_8A164088F7E0F0CB349886ED446A457B" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_8A164088F7E0F0CB349886ED446A457B" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_E4F1F59EC0EB1BA587BF86ED446A10E4_verboseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_E4F1F59EC0EB1BA587BF86ED446A10E4" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">2018</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_E4F1F59EC0EB1BA587BF86ED446A10E4_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_E4F1F59EC0EB1BA587BF86ED446A10E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Two Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_E4F1F59EC0EB1BA587BF86ED446A10E4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_E4F1F59EC0EB1BA587BF86ED446A10E4" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_E4F1F59EC0EB1BA587BF86ED446A10E4" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_0C6C9761DDD4F0A8E57386ED446A7948_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_0C6C9761DDD4F0A8E57386ED446A7948" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2019</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_0C6C9761DDD4F0A8E57386ED446A7948_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_0C6C9761DDD4F0A8E57386ED446A7948" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Three Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_0C6C9761DDD4F0A8E57386ED446A7948" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_0C6C9761DDD4F0A8E57386ED446A7948" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_0C6C9761DDD4F0A8E57386ED446A7948" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_17B1EA870A789B79716A86ED446AA458_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_17B1EA870A789B79716A86ED446AA458" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_17B1EA870A789B79716A86ED446AA458_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_17B1EA870A789B79716A86ED446AA458" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Four Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_17B1EA870A789B79716A86ED446AA458" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_17B1EA870A789B79716A86ED446AA458" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_17B1EA870A789B79716A86ED446AA458" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_54C6183C098F2C01883086ED446A7BDD_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_54C6183C098F2C01883086ED446A7BDD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2021</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_54C6183C098F2C01883086ED446A7BDD_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_54C6183C098F2C01883086ED446A7BDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Five Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_54C6183C098F2C01883086ED446A7BDD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_54C6183C098F2C01883086ED446A7BDD" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_54C6183C098F2C01883086ED446A7BDD" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_18C0602A6B48EE74E92F86ED446ACFC3_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_18C0602A6B48EE74E92F86ED446ACFC3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Thereafter</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_18C0602A6B48EE74E92F86ED446ACFC3_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_18C0602A6B48EE74E92F86ED446ACFC3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due Thereafter</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_18C0602A6B48EE74E92F86ED446ACFC3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_18C0602A6B48EE74E92F86ED446ACFC3" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_18C0602A6B48EE74E92F86ED446ACFC3" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_FC16E1E69B84F1AD065286ED446A374F_totalLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_FC16E1E69B84F1AD065286ED446A374F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total future lease payments due</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_FC16E1E69B84F1AD065286ED446A374F_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_FC16E1E69B84F1AD065286ED446A374F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments Due</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_FC16E1E69B84F1AD065286ED446A374F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_FC16E1E69B84F1AD065286ED446A374F" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_FC16E1E69B84F1AD065286ED446A374F" xlink:type="arc" />
    <link:label id="lab_dhil_DocumentAndEntityInformationAbstract_D430C09C0CD0883215AE9D74E4A4B57C_label_en-US" xlink:label="lab_dhil_DocumentAndEntityInformationAbstract_E56580ACF21254A291F5A4A9A3B1C706" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document and Entity Information [Abstract]</link:label>
    <link:label id="lab_dhil_DocumentAndEntityInformationAbstract_D430C09C0CD0883215AE9D74E4A4B57C_documentation_en-US" xlink:label="lab_dhil_DocumentAndEntityInformationAbstract_E56580ACF21254A291F5A4A9A3B1C706" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Document and Entity Information [Abstract]</link:label>
    <link:loc xlink:href="dhil-20170331.xsd#dhil_DocumentAndEntityInformationAbstract" xlink:label="loc_dhil_DocumentAndEntityInformationAbstract_E56580ACF21254A291F5A4A9A3B1C706" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dhil_DocumentAndEntityInformationAbstract_E56580ACF21254A291F5A4A9A3B1C706" xlink:to="lab_dhil_DocumentAndEntityInformationAbstract_E56580ACF21254A291F5A4A9A3B1C706" xlink:type="arc" />
    <link:label id="lab_dei_DocumentType_AD7FB7C367EB38742F189D74E4A4A10D_terseLabel_en-US" xlink:label="lab_dei_DocumentType_166ACF6227BE51C8BC24493090F2158F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_AD7FB7C367EB38742F189D74E4A4A10D_label_en-US" xlink:label="lab_dei_DocumentType_166ACF6227BE51C8BC24493090F2158F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType_166ACF6227BE51C8BC24493090F2158F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType_166ACF6227BE51C8BC24493090F2158F" xlink:to="lab_dei_DocumentType_166ACF6227BE51C8BC24493090F2158F" xlink:type="arc" />
    <link:label id="lab_dei_AmendmentFlag_96D7BADCADCCD10D2DDE9D74E4A43370_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag_3D41C25A4C815ACABFE519CFC99CED27" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_96D7BADCADCCD10D2DDE9D74E4A43370_label_en-US" xlink:label="lab_dei_AmendmentFlag_3D41C25A4C815ACABFE519CFC99CED27" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag_3D41C25A4C815ACABFE519CFC99CED27" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag_3D41C25A4C815ACABFE519CFC99CED27" xlink:to="lab_dei_AmendmentFlag_3D41C25A4C815ACABFE519CFC99CED27" xlink:type="arc" />
    <link:label id="lab_dei_DocumentPeriodEndDate_6D510D1764F1D37F0CAC9D74E4A47C9D_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_DEAB48BAC2C85693B880645B6B9D2B33" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_6D510D1764F1D37F0CAC9D74E4A47C9D_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_DEAB48BAC2C85693B880645B6B9D2B33" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate_DEAB48BAC2C85693B880645B6B9D2B33" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate_DEAB48BAC2C85693B880645B6B9D2B33" xlink:to="lab_dei_DocumentPeriodEndDate_DEAB48BAC2C85693B880645B6B9D2B33" xlink:type="arc" />
    <link:label id="lab_dei_DocumentFiscalYearFocus_B838B3EA81CF8569C43D9D74E4A45523_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus_459CD1EEECF65EEDBDAE9A987793714F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalYearFocus_B838B3EA81CF8569C43D9D74E4A45523_label_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus_459CD1EEECF65EEDBDAE9A987793714F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_dei_DocumentFiscalYearFocus_459CD1EEECF65EEDBDAE9A987793714F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalYearFocus_459CD1EEECF65EEDBDAE9A987793714F" xlink:to="lab_dei_DocumentFiscalYearFocus_459CD1EEECF65EEDBDAE9A987793714F" xlink:type="arc" />
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_0082F38A2B0DBC12C8BD9D74E4A4FE71_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus_81CB5CC16ADD50D2A9E6C519F150904F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_0082F38A2B0DBC12C8BD9D74E4A4FE71_label_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus_81CB5CC16ADD50D2A9E6C519F150904F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_dei_DocumentFiscalPeriodFocus_81CB5CC16ADD50D2A9E6C519F150904F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalPeriodFocus_81CB5CC16ADD50D2A9E6C519F150904F" xlink:to="lab_dei_DocumentFiscalPeriodFocus_81CB5CC16ADD50D2A9E6C519F150904F" xlink:type="arc" />
    <link:label id="lab_dei_EntityRegistrantName_FF7AE41553FC48C107FF9D74E4A41FD4_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName_6C908A6ABCE257A18983F980E178BB65" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_FF7AE41553FC48C107FF9D74E4A41FD4_label_en-US" xlink:label="lab_dei_EntityRegistrantName_6C908A6ABCE257A18983F980E178BB65" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName_6C908A6ABCE257A18983F980E178BB65" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName_6C908A6ABCE257A18983F980E178BB65" xlink:to="lab_dei_EntityRegistrantName_6C908A6ABCE257A18983F980E178BB65" xlink:type="arc" />
    <link:label id="lab_dei_EntityCentralIndexKey_812FFCCA786569E84CAE9D74E4A4FF8C_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey_78702E70BC675725960186AD8AD7D679" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_812FFCCA786569E84CAE9D74E4A4FF8C_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey_78702E70BC675725960186AD8AD7D679" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey_78702E70BC675725960186AD8AD7D679" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey_78702E70BC675725960186AD8AD7D679" xlink:to="lab_dei_EntityCentralIndexKey_78702E70BC675725960186AD8AD7D679" xlink:type="arc" />
    <link:label id="lab_dei_CurrentFiscalYearEndDate_C268BE2BA3D60DBBD4469D74E4A4E1F3_terseLabel_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate_1C6D564B3D985A84AA289CD6A83C7039" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_C268BE2BA3D60DBBD4469D74E4A4E1F3_label_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate_1C6D564B3D985A84AA289CD6A83C7039" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_dei_CurrentFiscalYearEndDate_1C6D564B3D985A84AA289CD6A83C7039" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CurrentFiscalYearEndDate_1C6D564B3D985A84AA289CD6A83C7039" xlink:to="lab_dei_CurrentFiscalYearEndDate_1C6D564B3D985A84AA289CD6A83C7039" xlink:type="arc" />
    <link:label id="lab_dei_EntityFilerCategory_2DFB69B3C6EB2A07CD8D9D74E4A4F1EA_terseLabel_en-US" xlink:label="lab_dei_EntityFilerCategory_FEF30B5CE1015FAD82908D0C80C72889" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
    <link:label id="lab_dei_EntityFilerCategory_2DFB69B3C6EB2A07CD8D9D74E4A4F1EA_label_en-US" xlink:label="lab_dei_EntityFilerCategory_FEF30B5CE1015FAD82908D0C80C72889" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityFilerCategory" xlink:label="loc_dei_EntityFilerCategory_FEF30B5CE1015FAD82908D0C80C72889" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFilerCategory_FEF30B5CE1015FAD82908D0C80C72889" xlink:to="lab_dei_EntityFilerCategory_FEF30B5CE1015FAD82908D0C80C72889" xlink:type="arc" />
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_40627CE5630AC93681BB9D74E4A44F24_terseLabel_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding_92F76DEE0CF1596EBB04261254BDC7DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_40627CE5630AC93681BB9D74E4A44F24_label_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding_92F76DEE0CF1596EBB04261254BDC7DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_dei_EntityCommonStockSharesOutstanding_92F76DEE0CF1596EBB04261254BDC7DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCommonStockSharesOutstanding_92F76DEE0CF1596EBB04261254BDC7DC" xlink:to="lab_dei_EntityCommonStockSharesOutstanding_92F76DEE0CF1596EBB04261254BDC7DC" xlink:type="arc" />
    <link:label id="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_AAC603D6FEEE96214F50193A17A8EE75_terseLabel_en-US" xlink:label="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_1B6D06F4D0C251EBAE6EF15A9EB55925" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis of Presentation</link:label>
    <link:label id="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_AAC603D6FEEE96214F50193A17A8EE75_label_en-US" xlink:label="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_1B6D06F4D0C251EBAE6EF15A9EB55925" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basis of Accounting, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:label="loc_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_1B6D06F4D0C251EBAE6EF15A9EB55925" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_1B6D06F4D0C251EBAE6EF15A9EB55925" xlink:to="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_1B6D06F4D0C251EBAE6EF15A9EB55925" xlink:type="arc" />
    <link:label id="lab_us-gaap_UseOfEstimates_EDF6EF9B181CDC7F563F193A17AE3B1A_terseLabel_en-US" xlink:label="lab_us-gaap_UseOfEstimates_C7F5BE01220756A0AC95BFB962C7AE87" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Use of Estimates</link:label>
    <link:label id="lab_us-gaap_UseOfEstimates_EDF6EF9B181CDC7F563F193A17AE3B1A_label_en-US" xlink:label="lab_us-gaap_UseOfEstimates_C7F5BE01220756A0AC95BFB962C7AE87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Use of Estimates, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UseOfEstimates" xlink:label="loc_us-gaap_UseOfEstimates_C7F5BE01220756A0AC95BFB962C7AE87" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UseOfEstimates_C7F5BE01220756A0AC95BFB962C7AE87" xlink:to="lab_us-gaap_UseOfEstimates_C7F5BE01220756A0AC95BFB962C7AE87" xlink:type="arc" />
    <link:label id="lab_us-gaap_PriorPeriodReclassificationAdjustmentDescription_CB4E59525C2320A326EB193A17AECED2_terseLabel_en-US" xlink:label="lab_us-gaap_PriorPeriodReclassificationAdjustmentDescription_F11C62A4C7B152078BD4DF85EEA53648" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassification</link:label>
    <link:label id="lab_us-gaap_PriorPeriodReclassificationAdjustmentDescription_CB4E59525C2320A326EB193A17AECED2_label_en-US" xlink:label="lab_us-gaap_PriorPeriodReclassificationAdjustmentDescription_F11C62A4C7B152078BD4DF85EEA53648" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassification, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PriorPeriodReclassificationAdjustmentDescription" xlink:label="loc_us-gaap_PriorPeriodReclassificationAdjustmentDescription_F11C62A4C7B152078BD4DF85EEA53648" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PriorPeriodReclassificationAdjustmentDescription_F11C62A4C7B152078BD4DF85EEA53648" xlink:to="lab_us-gaap_PriorPeriodReclassificationAdjustmentDescription_F11C62A4C7B152078BD4DF85EEA53648" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_4B33F42CDA00C2464F88193A17AEFE72_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_6BAE8FF85EEC5C3E84CAC73D30CAEA34" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principles of Consolidation</link:label>
    <link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_4B33F42CDA00C2464F88193A17AEFE72_label_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_6BAE8FF85EEC5C3E84CAC73D30CAEA34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="loc_us-gaap_ConsolidationPolicyTextBlock_6BAE8FF85EEC5C3E84CAC73D30CAEA34" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationPolicyTextBlock_6BAE8FF85EEC5C3E84CAC73D30CAEA34" xlink:to="lab_us-gaap_ConsolidationPolicyTextBlock_6BAE8FF85EEC5C3E84CAC73D30CAEA34" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy_8037739F5F0EA3498ECF193A17AE15DB_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy_40064228E9C45779A1ECDD09C42923F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest</link:label>
    <link:label id="lab_us-gaap_ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy_8037739F5F0EA3498ECF193A17AE15DB_label_en-US" xlink:label="lab_us-gaap_ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy_40064228E9C45779A1ECDD09C42923F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation, Subsidiaries or Other Investments, Consolidated Entities, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy" xlink:label="loc_us-gaap_ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy_40064228E9C45779A1ECDD09C42923F9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy_40064228E9C45779A1ECDD09C42923F9" xlink:to="lab_us-gaap_ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy_40064228E9C45779A1ECDD09C42923F9" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentReportingPolicyPolicyTextBlock_B3BFA7DBDE20BB177335193A17AE3304_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingPolicyPolicyTextBlock_6F620ED2D41E53089950D4FDD1C35924" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segment Information</link:label>
    <link:label id="lab_us-gaap_SegmentReportingPolicyPolicyTextBlock_B3BFA7DBDE20BB177335193A17AE3304_label_en-US" xlink:label="lab_us-gaap_SegmentReportingPolicyPolicyTextBlock_6F620ED2D41E53089950D4FDD1C35924" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Reporting, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingPolicyPolicyTextBlock" xlink:label="loc_us-gaap_SegmentReportingPolicyPolicyTextBlock_6F620ED2D41E53089950D4FDD1C35924" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingPolicyPolicyTextBlock_6F620ED2D41E53089950D4FDD1C35924" xlink:to="lab_us-gaap_SegmentReportingPolicyPolicyTextBlock_6F620ED2D41E53089950D4FDD1C35924" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_2B0973AD591470675CC0193A17AE6724_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_4F2AF4B9B2DB55C6B9D3FDC23D5B4A30" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_2B0973AD591470675CC0193A17AE6724_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_4F2AF4B9B2DB55C6B9D3FDC23D5B4A30" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="loc_us-gaap_CashAndCashEquivalentsPolicyTextBlock_4F2AF4B9B2DB55C6B9D3FDC23D5B4A30" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsPolicyTextBlock_4F2AF4B9B2DB55C6B9D3FDC23D5B4A30" xlink:to="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_4F2AF4B9B2DB55C6B9D3FDC23D5B4A30" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReceivablesPolicyTextBlock_E97A38E99CC932EA583F193A17AE68AF_terseLabel_en-US" xlink:label="lab_us-gaap_ReceivablesPolicyTextBlock_39D384470FFF5E899F1524F91A055950" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts Receivable</link:label>
    <link:label id="lab_us-gaap_ReceivablesPolicyTextBlock_E97A38E99CC932EA583F193A17AE68AF_label_en-US" xlink:label="lab_us-gaap_ReceivablesPolicyTextBlock_39D384470FFF5E899F1524F91A055950" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivables, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivablesPolicyTextBlock" xlink:label="loc_us-gaap_ReceivablesPolicyTextBlock_39D384470FFF5E899F1524F91A055950" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReceivablesPolicyTextBlock_39D384470FFF5E899F1524F91A055950" xlink:to="lab_us-gaap_ReceivablesPolicyTextBlock_39D384470FFF5E899F1524F91A055950" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentPolicyTextBlock_F982F52A0D6027A815DD193A17AEB5DA_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentPolicyTextBlock_35D262BDCB6F5D9EBEB6C0601D4FF079" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments</link:label>
    <link:label id="lab_us-gaap_InvestmentPolicyTextBlock_F982F52A0D6027A815DD193A17AEB5DA_label_en-US" xlink:label="lab_us-gaap_InvestmentPolicyTextBlock_35D262BDCB6F5D9EBEB6C0601D4FF079" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:label="loc_us-gaap_InvestmentPolicyTextBlock_35D262BDCB6F5D9EBEB6C0601D4FF079" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentPolicyTextBlock_35D262BDCB6F5D9EBEB6C0601D4FF079" xlink:to="lab_us-gaap_InvestmentPolicyTextBlock_35D262BDCB6F5D9EBEB6C0601D4FF079" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_969483181AB9984F4A48193A17AEFA64_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_12C9822966A951069F3826AF03397301" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property and Equipment</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_969483181AB9984F4A48193A17AEFA64_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_12C9822966A951069F3826AF03397301" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_12C9822966A951069F3826AF03397301" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_12C9822966A951069F3826AF03397301" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_12C9822966A951069F3826AF03397301" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueRecognitionPolicyTextBlock_AF792B108659A828E407193A17AEA8B6_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueRecognitionPolicyTextBlock_49E01DD2F073543290F00B76B2D7E833" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue Recognition - General</link:label>
    <link:label id="lab_us-gaap_RevenueRecognitionPolicyTextBlock_AF792B108659A828E407193A17AEA8B6_label_en-US" xlink:label="lab_us-gaap_RevenueRecognitionPolicyTextBlock_49E01DD2F073543290F00B76B2D7E833" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue Recognition, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenueRecognitionPolicyTextBlock" xlink:label="loc_us-gaap_RevenueRecognitionPolicyTextBlock_49E01DD2F073543290F00B76B2D7E833" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueRecognitionPolicyTextBlock_49E01DD2F073543290F00B76B2D7E833" xlink:to="lab_us-gaap_RevenueRecognitionPolicyTextBlock_49E01DD2F073543290F00B76B2D7E833" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueRecognitionServicesManagementFees_2F8DBB046580814AC7DD193A17AEAEA4_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueRecognitionServicesManagementFees_ADE033DCAFBB5C07A14488FEED3568B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue Recognition - Variable Incentive Revenue</link:label>
    <link:label id="lab_us-gaap_RevenueRecognitionServicesManagementFees_2F8DBB046580814AC7DD193A17AEAEA4_label_en-US" xlink:label="lab_us-gaap_RevenueRecognitionServicesManagementFees_ADE033DCAFBB5C07A14488FEED3568B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue Recognition, Services, Management Fees [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenueRecognitionServicesManagementFees" xlink:label="loc_us-gaap_RevenueRecognitionServicesManagementFees_ADE033DCAFBB5C07A14488FEED3568B1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueRecognitionServicesManagementFees_ADE033DCAFBB5C07A14488FEED3568B1" xlink:to="lab_us-gaap_RevenueRecognitionServicesManagementFees_ADE033DCAFBB5C07A14488FEED3568B1" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure_90FC91688D24E46B97CF193A17AE1EC7_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure_3587BFFBF4FF5AA3BDAD360C6CA620D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue Recognition - Mutual Fund Administration</link:label>
    <link:label id="lab_us-gaap_RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure_90FC91688D24E46B97CF193A17AE1EC7_label_en-US" xlink:label="lab_us-gaap_RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure_3587BFFBF4FF5AA3BDAD360C6CA620D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue Recognition Accounting Policy, Gross and Net Revenue Disclosure [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure" xlink:label="loc_us-gaap_RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure_3587BFFBF4FF5AA3BDAD360C6CA620D0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure_3587BFFBF4FF5AA3BDAD360C6CA620D0" xlink:to="lab_us-gaap_RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure_3587BFFBF4FF5AA3BDAD360C6CA620D0" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxPolicyTextBlock_6B7B3CC8AD66BBD61870193A17AEFDE6_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxPolicyTextBlock_274E79BECC9150239B15893A83C9DB8E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Taxes</link:label>
    <link:label id="lab_us-gaap_IncomeTaxPolicyTextBlock_6B7B3CC8AD66BBD61870193A17AEFDE6_label_en-US" xlink:label="lab_us-gaap_IncomeTaxPolicyTextBlock_274E79BECC9150239B15893A83C9DB8E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="loc_us-gaap_IncomeTaxPolicyTextBlock_274E79BECC9150239B15893A83C9DB8E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxPolicyTextBlock_274E79BECC9150239B15893A83C9DB8E" xlink:to="lab_us-gaap_IncomeTaxPolicyTextBlock_274E79BECC9150239B15893A83C9DB8E" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerSharePolicyTextBlock_F669C6D9B729DEB6666E193A17AEBD0D_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerSharePolicyTextBlock_A285C866ABD956D9B8CE71E566F7E9DF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings Per Share</link:label>
    <link:label id="lab_us-gaap_EarningsPerSharePolicyTextBlock_F669C6D9B729DEB6666E193A17AEBD0D_label_en-US" xlink:label="lab_us-gaap_EarningsPerSharePolicyTextBlock_A285C866ABD956D9B8CE71E566F7E9DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerSharePolicyTextBlock" xlink:label="loc_us-gaap_EarningsPerSharePolicyTextBlock_A285C866ABD956D9B8CE71E566F7E9DF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerSharePolicyTextBlock_A285C866ABD956D9B8CE71E566F7E9DF" xlink:to="lab_us-gaap_EarningsPerSharePolicyTextBlock_A285C866ABD956D9B8CE71E566F7E9DF" xlink:type="arc" />
    <link:label id="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_4BFC779C7D2E520BF99C193A17AF2AD4_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_239561087B665094B23BAB15777504A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recently Issued Accounting Standards</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_4BFC779C7D2E520BF99C193A17AF2AD4_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_239561087B665094B23BAB15777504A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_239561087B665094B23BAB15777504A2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_239561087B665094B23BAB15777504A2" xlink:to="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_239561087B665094B23BAB15777504A2" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtDisclosureTextBlock_43E11A4573AF3F060413E7E979886BE1_terseLabel_en-US" xlink:label="lab_us-gaap_DebtDisclosureTextBlock_982D0AFEAAA358F2B98A83596C4FD9DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit</link:label>
    <link:label id="lab_us-gaap_DebtDisclosureTextBlock_43E11A4573AF3F060413E7E979886BE1_label_en-US" xlink:label="lab_us-gaap_DebtDisclosureTextBlock_982D0AFEAAA358F2B98A83596C4FD9DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="loc_us-gaap_DebtDisclosureTextBlock_982D0AFEAAA358F2B98A83596C4FD9DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtDisclosureTextBlock_982D0AFEAAA358F2B98A83596C4FD9DE" xlink:to="lab_us-gaap_DebtDisclosureTextBlock_982D0AFEAAA358F2B98A83596C4FD9DE" xlink:type="arc" />
  </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>10
<FILENAME>dhil-20170331_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <link:roleRef roleURI="http://www.diamond-hill.com/role/BusinessAndOrganization" xlink:href="dhil-20170331.xsd#BusinessAndOrganization" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/CommitmentsAndContingencies" xlink:href="dhil-20170331.xsd#CommitmentsAndContingencies" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/CompensationPlans" xlink:href="dhil-20170331.xsd#CompensationPlans" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/CompensationPlansExpenseRecognitionOfDeferredCompensationDetail" xlink:href="dhil-20170331.xsd#CompensationPlansExpenseRecognitionOfDeferredCompensationDetail" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/CompensationPlansNarrativeDetail" xlink:href="dhil-20170331.xsd#CompensationPlansNarrativeDetail" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/CompensationPlansRollForwardOfOutstandingRestrictedStockGrantsIssuedDetail" xlink:href="dhil-20170331.xsd#CompensationPlansRollForwardOfOutstandingRestrictedStockGrantsIssuedDetail" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/CompensationPlansScheduleOfGrantsIssuedAndGrantDateFairValueDetails" xlink:href="dhil-20170331.xsd#CompensationPlansScheduleOfGrantsIssuedAndGrantDateFairValueDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/CompensationPlansTables" xlink:href="dhil-20170331.xsd#CompensationPlansTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/ConsolidatedBalanceSheets" xlink:href="dhil-20170331.xsd#ConsolidatedBalanceSheets" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/ConsolidatedBalanceSheetsParenthetical" xlink:href="dhil-20170331.xsd#ConsolidatedBalanceSheetsParenthetical" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/ConsolidatedStatementsOfCashFlowsUnaudited" xlink:href="dhil-20170331.xsd#ConsolidatedStatementsOfCashFlowsUnaudited" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/ConsolidatedStatementsOfIncomeUnaudited" xlink:href="dhil-20170331.xsd#ConsolidatedStatementsOfIncomeUnaudited" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/ConsolidatedStatementsOfShareholdersEquityAndRedeemableNoncontrollingInterestUnaudited" xlink:href="dhil-20170331.xsd#ConsolidatedStatementsOfShareholdersEquityAndRedeemableNoncontrollingInterestUnaudited" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/DocumentAndEntityInformation" xlink:href="dhil-20170331.xsd#DocumentAndEntityInformation" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/EarningsPerShare" xlink:href="dhil-20170331.xsd#EarningsPerShare" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/EarningsPerShareComputationForEarningsPerShareDetail" xlink:href="dhil-20170331.xsd#EarningsPerShareComputationForEarningsPerShareDetail" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/EarningsPerShareTables" xlink:href="dhil-20170331.xsd#EarningsPerShareTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/IncomeTaxes" xlink:href="dhil-20170331.xsd#IncomeTaxes" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/IncomeTaxesNarrativeDetail" xlink:href="dhil-20170331.xsd#IncomeTaxesNarrativeDetail" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/InvestmentPortfolio" xlink:href="dhil-20170331.xsd#InvestmentPortfolio" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioEquityMethodInvestmentsDetails" xlink:href="dhil-20170331.xsd#InvestmentPortfolioEquityMethodInvestmentsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioNarrativeDetail" xlink:href="dhil-20170331.xsd#InvestmentPortfolioNarrativeDetail" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioScheduleOfEquityMethodInvestmentOwnershipDetails" xlink:href="dhil-20170331.xsd#InvestmentPortfolioScheduleOfEquityMethodInvestmentOwnershipDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioSummaryOfMarketValueOfInvestmentsDetail" xlink:href="dhil-20170331.xsd#InvestmentPortfolioSummaryOfMarketValueOfInvestmentsDetail" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/InvestmentPortfolioTables" xlink:href="dhil-20170331.xsd#InvestmentPortfolioTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/LineOfCredit" xlink:href="dhil-20170331.xsd#LineOfCredit" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/LineOfCreditDetails" xlink:href="dhil-20170331.xsd#LineOfCreditDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/OperatingLeases" xlink:href="dhil-20170331.xsd#OperatingLeases" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/OperatingLeasesFutureMinimumLeasePaymentsUnderOperatingLeasesDetail" xlink:href="dhil-20170331.xsd#OperatingLeasesFutureMinimumLeasePaymentsUnderOperatingLeasesDetail" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/OperatingLeasesNarrativeDetail" xlink:href="dhil-20170331.xsd#OperatingLeasesNarrativeDetail" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/OperatingLeasesSummaryOfTotalLeaseAndOperatingExpensesDetail" xlink:href="dhil-20170331.xsd#OperatingLeasesSummaryOfTotalLeaseAndOperatingExpensesDetail" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/OperatingLeasesTables" xlink:href="dhil-20170331.xsd#OperatingLeasesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/RegulatoryRequirements" xlink:href="dhil-20170331.xsd#RegulatoryRequirements" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/RegulatoryRequirementsRegulatoryRequirementsUniformNetCapitalRuleDetail" xlink:href="dhil-20170331.xsd#RegulatoryRequirementsRegulatoryRequirementsUniformNetCapitalRuleDetail" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/RegulatoryRequirementsTables" xlink:href="dhil-20170331.xsd#RegulatoryRequirementsTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPolicies" xlink:href="dhil-20170331.xsd#SignificantAccountingPolicies" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesAssetsUnderManagementAumSubjectToIncentiveFeesAndIncentiveFeesDetail" xlink:href="dhil-20170331.xsd#SignificantAccountingPoliciesAssetsUnderManagementAumSubjectToIncentiveFeesAndIncentiveFeesDetail" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesMutualFundAdministrationGrossAndNetRevenueDetail" xlink:href="dhil-20170331.xsd#SignificantAccountingPoliciesMutualFundAdministrationGrossAndNetRevenueDetail" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesNarrativeDetail" xlink:href="dhil-20170331.xsd#SignificantAccountingPoliciesNarrativeDetail" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesPolicies" xlink:href="dhil-20170331.xsd#SignificantAccountingPoliciesPolicies" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesSummaryOfInvestmentsValuesBasedUponFairValueHierarchydetail" xlink:href="dhil-20170331.xsd#SignificantAccountingPoliciesSummaryOfInvestmentsValuesBasedUponFairValueHierarchydetail" xlink:type="simple" />
  <link:roleRef roleURI="http://www.diamond-hill.com/role/SignificantAccountingPoliciesTables" xlink:href="dhil-20170331.xsd#SignificantAccountingPoliciesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" xlink:type="simple" />
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/BusinessAndOrganization" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_E569A8E3B7F65593A4A003B01FAAC60F" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:label="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_956FFA3BA06A5BDEA45C67648843A581" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_E569A8E3B7F65593A4A003B01FAAC60F" xlink:to="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_956FFA3BA06A5BDEA45C67648843A581" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/CommitmentsAndContingencies" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_5A13052F47605EBC941474F07DF2EA01" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_93D2255FF00253AF90D20C98E6D062E5" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_5A13052F47605EBC941474F07DF2EA01" xlink:to="loc_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_93D2255FF00253AF90D20C98E6D062E5" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/CompensationPlans" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_881D7BAF4E2F5E1E84686394FB06DA18" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_D50B992DE14057648BB8079F93E3DFC7" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_881D7BAF4E2F5E1E84686394FB06DA18" xlink:to="loc_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_D50B992DE14057648BB8079F93E3DFC7" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/CompensationPlansExpenseRecognitionOfDeferredCompensationDetail" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_408F1E19DCE3154FF10686ED44B8601F" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_EF475F6BFE0686B1EB0686ED44B80E0C" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_408F1E19DCE3154FF10686ED44B8601F" xlink:to="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_EF475F6BFE0686B1EB0686ED44B80E0C" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaap_AwardTypeAxis_93354AB4CC722079127686ED44B8AF6D" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_EF475F6BFE0686B1EB0686ED44B80E0C" xlink:to="loc_us-gaap_AwardTypeAxis_93354AB4CC722079127686ED44B8AF6D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_E8DF3F984B97A799D3B286ED44B89DA5" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AwardTypeAxis_93354AB4CC722079127686ED44B8AF6D" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_E8DF3F984B97A799D3B286ED44B89DA5" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestrictedStockUnitsRSUMember" xlink:label="loc_us-gaap_RestrictedStockUnitsRSUMember_F12C1F628877DF704D6086ED44B81009" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_E8DF3F984B97A799D3B286ED44B89DA5" xlink:to="loc_us-gaap_RestrictedStockUnitsRSUMember_F12C1F628877DF704D6086ED44B81009" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D5620BDC61EE6923008886ED44B8D2E3" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_EF475F6BFE0686B1EB0686ED44B80E0C" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D5620BDC61EE6923008886ED44B8D2E3" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent_29C23034CE8255D06D0486ED44B8F182" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D5620BDC61EE6923008886ED44B8D2E3" xlink:to="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent_29C23034CE8255D06D0486ED44B8F182" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne_4E2BE4EA925C132EFD7886ED44B88836" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D5620BDC61EE6923008886ED44B8D2E3" xlink:to="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne_4E2BE4EA925C132EFD7886ED44B88836" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo_8F77F4504F48A26B97B186ED44B8B147" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D5620BDC61EE6923008886ED44B8D2E3" xlink:to="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo_8F77F4504F48A26B97B186ED44B8B147" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree_D86165DAEFC9658449CC86ED44B862E4" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D5620BDC61EE6923008886ED44B8D2E3" xlink:to="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree_D86165DAEFC9658449CC86ED44B862E4" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour_036B26F580138BCBC49286ED44B8D1BB" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D5620BDC61EE6923008886ED44B8D2E3" xlink:to="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour_036B26F580138BCBC49286ED44B8D1BB" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive" xlink:label="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive_78B1B56CE5698C4AA98786ED44B8BC88" xlink:type="locator" />
    <link:presentationArc order="6" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D5620BDC61EE6923008886ED44B8D2E3" xlink:to="loc_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive_78B1B56CE5698C4AA98786ED44B8BC88" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_AEA61AB25CB30C1BA69286ED44B8B81C" xlink:type="locator" />
    <link:presentationArc order="7" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D5620BDC61EE6923008886ED44B8D2E3" xlink:to="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_AEA61AB25CB30C1BA69286ED44B8B81C" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/CompensationPlansNarrativeDetail" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_465BE6614E08D6261CBC86ED447A3F00" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_49CAADFD1D8C550634D186ED447A226D" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_465BE6614E08D6261CBC86ED447A3F00" xlink:to="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_49CAADFD1D8C550634D186ED447A226D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="loc_us-gaap_RangeAxis_BDF154DD78C16AE01B4786ED447A9F0F" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_49CAADFD1D8C550634D186ED447A226D" xlink:to="loc_us-gaap_RangeAxis_BDF154DD78C16AE01B4786ED447A9F0F" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="loc_us-gaap_RangeMember_C0F5C2408074F2872CE686ED447ACBE3" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RangeAxis_BDF154DD78C16AE01B4786ED447A9F0F" xlink:to="loc_us-gaap_RangeMember_C0F5C2408074F2872CE686ED447ACBE3" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="loc_us-gaap_MinimumMember_A5F1C51F3632F30A97BC86ED447AD05F" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RangeMember_C0F5C2408074F2872CE686ED447ACBE3" xlink:to="loc_us-gaap_MinimumMember_A5F1C51F3632F30A97BC86ED447AD05F" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaap_AwardTypeAxis_7424C5BFEEC3BFF4A19B86ED447A6542" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_49CAADFD1D8C550634D186ED447A226D" xlink:to="loc_us-gaap_AwardTypeAxis_7424C5BFEEC3BFF4A19B86ED447A6542" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_3113EAE8AD9432487AD686ED447AE7CA" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AwardTypeAxis_7424C5BFEEC3BFF4A19B86ED447A6542" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_3113EAE8AD9432487AD686ED447AE7CA" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EquityAndCashIncentivePlanMember" xlink:label="loc_dhil_EquityAndCashIncentivePlanMember_89B3DF77291BC8AEED0C86ED447A1542" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_3113EAE8AD9432487AD686ED447AE7CA" xlink:to="loc_dhil_EquityAndCashIncentivePlanMember_89B3DF77291BC8AEED0C86ED447A1542" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestrictedStockUnitsRSUMember" xlink:label="loc_us-gaap_RestrictedStockUnitsRSUMember_C27B19008371E556EED586ED447A7F91" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_3113EAE8AD9432487AD686ED447AE7CA" xlink:to="loc_us-gaap_RestrictedStockUnitsRSUMember_C27B19008371E556EED586ED447A7F91" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_49CAADFD1D8C550634D186ED447A226D" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_B1FF94006BA3A186916D86ED447AADAB" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_B1FF94006BA3A186916D86ED447AADAB" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationEquity" xlink:label="loc_us-gaap_DeferredCompensationEquity_DE2B6C3A950D84D6728E86ED447ADDB5" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C" xlink:to="loc_us-gaap_DeferredCompensationEquity_DE2B6C3A950D84D6728E86ED447ADDB5" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod" xlink:label="loc_dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod_02B03270320586B05A5986ED447A443D" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C" xlink:to="loc_dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod_02B03270320586B05A5986ED447A443D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent" xlink:label="loc_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_A9279DB68A1FF6A89EBB86ED447AE801" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_3A9930E790E2C0B33F2586ED447A4B3C" xlink:to="loc_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_A9279DB68A1FF6A89EBB86ED447AE801" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/CompensationPlansRollForwardOfOutstandingRestrictedStockGrantsIssuedDetail" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_040D88BFB1C752DFAA6F8C0459A83110" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_8C9C4D8A42CC529580BA732B8B95985A" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_040D88BFB1C752DFAA6F8C0459A83110" xlink:to="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_8C9C4D8A42CC529580BA732B8B95985A" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaap_AwardTypeAxis_92028150EE3856BABAFC3260D23C1C3A" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_8C9C4D8A42CC529580BA732B8B95985A" xlink:to="loc_us-gaap_AwardTypeAxis_92028150EE3856BABAFC3260D23C1C3A" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_41ED5B444A0C5B0AA84F1F0C0993F40D" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AwardTypeAxis_92028150EE3856BABAFC3260D23C1C3A" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_41ED5B444A0C5B0AA84F1F0C0993F40D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestrictedStockUnitsRSUMember" xlink:label="loc_us-gaap_RestrictedStockUnitsRSUMember_873E8E61277357C8B40815993E521466" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_41ED5B444A0C5B0AA84F1F0C0993F40D" xlink:to="loc_us-gaap_RestrictedStockUnitsRSUMember_873E8E61277357C8B40815993E521466" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D890AA88984B5E44A569B9693A022E19" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_8C9C4D8A42CC529580BA732B8B95985A" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D890AA88984B5E44A569B9693A022E19" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_BAA4FDEDB0145BD6838D1D1E266CF72A" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D890AA88984B5E44A569B9693A022E19" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_BAA4FDEDB0145BD6838D1D1E266CF72A" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_E9DC6BAE578E52AB9C99C8E106E0AB15" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_BAA4FDEDB0145BD6838D1D1E266CF72A" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_E9DC6BAE578E52AB9C99C8E106E0AB15" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_D70F759DEE995A17B51C3EB238254DC8" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_BAA4FDEDB0145BD6838D1D1E266CF72A" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_D70F759DEE995A17B51C3EB238254DC8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_532157DAEDA356B0B32CA1F8568EAFF0" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_BAA4FDEDB0145BD6838D1D1E266CF72A" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_532157DAEDA356B0B32CA1F8568EAFF0" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_36FB7ABAD4D25C37B9FCF75867DB86DA" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_BAA4FDEDB0145BD6838D1D1E266CF72A" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_36FB7ABAD4D25C37B9FCF75867DB86DA" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_4052D1D9E2685A32B8B0F8521653F277" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_BAA4FDEDB0145BD6838D1D1E266CF72A" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_4052D1D9E2685A32B8B0F8521653F277" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_57ACB018405B532581E92F8EFB12D9DE" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D890AA88984B5E44A569B9693A022E19" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_57ACB018405B532581E92F8EFB12D9DE" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_D2EE63CE977A5847BF216C73A7651F8C" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_57ACB018405B532581E92F8EFB12D9DE" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_D2EE63CE977A5847BF216C73A7651F8C" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_B1DDFEACC73E50F39BA21C02698694C2" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_57ACB018405B532581E92F8EFB12D9DE" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_B1DDFEACC73E50F39BA21C02698694C2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_5B5DAE3894A25BAF8DCE1B1402F1A91B" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_57ACB018405B532581E92F8EFB12D9DE" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_5B5DAE3894A25BAF8DCE1B1402F1A91B" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_915DAC2F9194559EA68437604ACA40A3" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_57ACB018405B532581E92F8EFB12D9DE" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_915DAC2F9194559EA68437604ACA40A3" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_09B3C409EEEE5FA9976185F9BE0155DA" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_57ACB018405B532581E92F8EFB12D9DE" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_09B3C409EEEE5FA9976185F9BE0155DA" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/CompensationPlansScheduleOfGrantsIssuedAndGrantDateFairValueDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_160E05731E6D5F1495195D8DCCC19F1B" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaap_StatementTable_876B205FD16451A285250996C6A8A43B" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_160E05731E6D5F1495195D8DCCC19F1B" xlink:to="loc_us-gaap_StatementTable_876B205FD16451A285250996C6A8A43B" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_B81771A6CBED55DFB1F612D76FD8419A" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_876B205FD16451A285250996C6A8A43B" xlink:to="loc_us-gaap_StatementEquityComponentsAxis_B81771A6CBED55DFB1F612D76FD8419A" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_672DBE7830E456B8BABD716818549D11" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_B81771A6CBED55DFB1F612D76FD8419A" xlink:to="loc_us-gaap_EquityComponentDomain_672DBE7830E456B8BABD716818549D11" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_SharesOutstandingMember" xlink:label="loc_dhil_SharesOutstandingMember_31FD19E9BBC7505B93A995CA3A06A5DE" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_672DBE7830E456B8BABD716818549D11" xlink:to="loc_dhil_SharesOutstandingMember_31FD19E9BBC7505B93A995CA3A06A5DE" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_C021E782AC3F505FBA7635EAE7D6ADD6" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_672DBE7830E456B8BABD716818549D11" xlink:to="loc_us-gaap_CommonStockMember_C021E782AC3F505FBA7635EAE7D6ADD6" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaap_StatementLineItems_84DF24ECF33D58799AAEA40ECFF06FE0" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_876B205FD16451A285250996C6A8A43B" xlink:to="loc_us-gaap_StatementLineItems_84DF24ECF33D58799AAEA40ECFF06FE0" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_90D85C9E1C2A57AAB5894BA3331CE09C" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_84DF24ECF33D58799AAEA40ECFF06FE0" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_90D85C9E1C2A57AAB5894BA3331CE09C" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_906B1E3E33945D5194BD0FBFD5033A46" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_84DF24ECF33D58799AAEA40ECFF06FE0" xlink:to="loc_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_906B1E3E33945D5194BD0FBFD5033A46" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/CompensationPlansTables" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_3B26F13E81955F99B7C90C5D240B4135" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_97941AF61FFF5F7BADCE178404CBCCC2" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_3B26F13E81955F99B7C90C5D240B4135" xlink:to="loc_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_97941AF61FFF5F7BADCE178404CBCCC2" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock" xlink:label="loc_dhil_ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock_8D2201BB126C5C9EB51877B3699627AA" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_3B26F13E81955F99B7C90C5D240B4135" xlink:to="loc_dhil_ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock_8D2201BB126C5C9EB51877B3699627AA" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock_B65F12841A0D588695E1830201B23B9D" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_3B26F13E81955F99B7C90C5D240B4135" xlink:to="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock_B65F12841A0D588695E1830201B23B9D" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/ConsolidatedBalanceSheets" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaap_StatementOfFinancialPositionAbstract_4D3621864CB738F035FF9C28F73707D6" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_65B1E0529600E20CC1079C28F737425D" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_4D3621864CB738F035FF9C28F73707D6" xlink:to="loc_us-gaap_AssetsAbstract_65B1E0529600E20CC1079C28F737425D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_EB6E5FEA78B87EE483F09C28F7378A07" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_65B1E0529600E20CC1079C28F737425D" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_EB6E5FEA78B87EE483F09C28F7378A07" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="loc_us-gaap_Investments_83CB783E0C644789FEDD9C28F7376AD7" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_65B1E0529600E20CC1079C28F737425D" xlink:to="loc_us-gaap_Investments_83CB783E0C644789FEDD9C28F7376AD7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="loc_us-gaap_AccountsReceivableNet_E319A244F1FBB4BDA1569C28F737F077" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_65B1E0529600E20CC1079C28F737425D" xlink:to="loc_us-gaap_AccountsReceivableNet_E319A244F1FBB4BDA1569C28F737F077" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PrepaidExpenseCurrentAndNoncurrent" xlink:label="loc_us-gaap_PrepaidExpenseCurrentAndNoncurrent_D9540BD6A4C8DDC53F709C28F73722F2" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_65B1E0529600E20CC1079C28F737425D" xlink:to="loc_us-gaap_PrepaidExpenseCurrentAndNoncurrent_D9540BD6A4C8DDC53F709C28F73722F2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxesReceivable" xlink:label="loc_us-gaap_IncomeTaxesReceivable_7452604E147156BEA1059C28F737259E" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_65B1E0529600E20CC1079C28F737425D" xlink:to="loc_us-gaap_IncomeTaxesReceivable_7452604E147156BEA1059C28F737259E" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_27371760C745CB94616D9C28F7375CD9" xlink:type="locator" />
    <link:presentationArc order="6" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_65B1E0529600E20CC1079C28F737425D" xlink:to="loc_us-gaap_PropertyPlantAndEquipmentNet_27371760C745CB94616D9C28F7375CD9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="loc_us-gaap_DeferredTaxAssetsNet_E9D4CECBD0393E810BE79C28F737159F" xlink:type="locator" />
    <link:presentationArc order="7" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_65B1E0529600E20CC1079C28F737425D" xlink:to="loc_us-gaap_DeferredTaxAssetsNet_E9D4CECBD0393E810BE79C28F737159F" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_0D749D36A6F517F0F7639C28F738274E" xlink:type="locator" />
    <link:presentationArc order="8" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_65B1E0529600E20CC1079C28F737425D" xlink:to="loc_us-gaap_Assets_0D749D36A6F517F0F7639C28F738274E" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D5E64068648D18D58D319C28F738CDC7" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_4D3621864CB738F035FF9C28F73707D6" xlink:to="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D5E64068648D18D58D319C28F738CDC7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="loc_us-gaap_LiabilitiesAbstract_3D6B9AAFB529F04B04359C28F7380BF7" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D5E64068648D18D58D319C28F738CDC7" xlink:to="loc_us-gaap_LiabilitiesAbstract_3D6B9AAFB529F04B04359C28F7380BF7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_64D58C6C15D75CD5BCF09C28F738D5D9" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_3D6B9AAFB529F04B04359C28F7380BF7" xlink:to="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_64D58C6C15D75CD5BCF09C28F738D5D9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedBonusesCurrent" xlink:label="loc_us-gaap_AccruedBonusesCurrent_97A9307824BFF0226D2B9C28F73883FB" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_3D6B9AAFB529F04B04359C28F7380BF7" xlink:to="loc_us-gaap_AccruedBonusesCurrent_97A9307824BFF0226D2B9C28F73883FB" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent" xlink:label="loc_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_36BF97B54BAC7EB0542D9C28F738802D" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_3D6B9AAFB529F04B04359C28F7380BF7" xlink:to="loc_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_36BF97B54BAC7EB0542D9C28F738802D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TaxesPayableCurrent" xlink:label="loc_us-gaap_TaxesPayableCurrent_1A806A42B304887B21759C28F738C1AD" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_3D6B9AAFB529F04B04359C28F7380BF7" xlink:to="loc_us-gaap_TaxesPayableCurrent_1A806A42B304887B21759C28F738C1AD" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_2081475B678C118951B39C28F73853D7" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_3D6B9AAFB529F04B04359C28F7380BF7" xlink:to="loc_us-gaap_Liabilities_2081475B678C118951B39C28F73853D7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCommonFairValue" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCommonFairValue_E26079CFBCF8BA5906BC9C28F7386179" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D5E64068648D18D58D319C28F738CDC7" xlink:to="loc_us-gaap_RedeemableNoncontrollingInterestEquityCommonFairValue_E26079CFBCF8BA5906BC9C28F7386179" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="loc_us-gaap_StockholdersEquityAbstract_C640907FFAB0D6DB16999C28F7387D3D" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D5E64068648D18D58D319C28F738CDC7" xlink:to="loc_us-gaap_StockholdersEquityAbstract_C640907FFAB0D6DB16999C28F7387D3D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaap_CommonStockValue_1243144EF71AD68ED8989C28F7388852" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityAbstract_C640907FFAB0D6DB16999C28F7387D3D" xlink:to="loc_us-gaap_CommonStockValue_1243144EF71AD68ED8989C28F7388852" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="loc_us-gaap_PreferredStockValue_887B8A6E1BED02055CFE9C28F739330A" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityAbstract_C640907FFAB0D6DB16999C28F7387D3D" xlink:to="loc_us-gaap_PreferredStockValue_887B8A6E1BED02055CFE9C28F739330A" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationEquity" xlink:label="loc_us-gaap_DeferredCompensationEquity_2C3E7761C3352B0853849C28F739FA2A" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityAbstract_C640907FFAB0D6DB16999C28F7387D3D" xlink:to="loc_us-gaap_DeferredCompensationEquity_2C3E7761C3352B0853849C28F739FA2A" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_FB2465528BDC933718B49C28F739E83F" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityAbstract_C640907FFAB0D6DB16999C28F7387D3D" xlink:to="loc_us-gaap_RetainedEarningsAccumulatedDeficit_FB2465528BDC933718B49C28F739E83F" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_F85171F271DCDE3238A49C28F7397A2E" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityAbstract_C640907FFAB0D6DB16999C28F7387D3D" xlink:to="loc_us-gaap_StockholdersEquity_F85171F271DCDE3238A49C28F7397A2E" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_1E8A545C5BA5453718AA9C28F739C87D" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D5E64068648D18D58D319C28F738CDC7" xlink:to="loc_us-gaap_LiabilitiesAndStockholdersEquity_1E8A545C5BA5453718AA9C28F739C87D" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_BookValuePerShare" xlink:label="loc_dhil_BookValuePerShare_DEF7494A3779E1D417729C28F739B6C8" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_4D3621864CB738F035FF9C28F73707D6" xlink:to="loc_dhil_BookValuePerShare_DEF7494A3779E1D417729C28F739B6C8" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/ConsolidatedBalanceSheetsParenthetical" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaap_StatementOfFinancialPositionAbstract_BFA77F10F78E547A92F51AB5465AD764" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockNoParValue" xlink:label="loc_us-gaap_CommonStockNoParValue_B636836C190F52E7ACF2371381B0B3CD" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_BFA77F10F78E547A92F51AB5465AD764" xlink:to="loc_us-gaap_CommonStockNoParValue_B636836C190F52E7ACF2371381B0B3CD" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaap_CommonStockSharesAuthorized_5E37AF9DEA31528D992D3414EEE87843" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_BFA77F10F78E547A92F51AB5465AD764" xlink:to="loc_us-gaap_CommonStockSharesAuthorized_5E37AF9DEA31528D992D3414EEE87843" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaap_CommonStockSharesIssued_B00F6F171BD858DFA724E1F2405378AA" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_BFA77F10F78E547A92F51AB5465AD764" xlink:to="loc_us-gaap_CommonStockSharesIssued_B00F6F171BD858DFA724E1F2405378AA" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_BB622024AC85584CA106557DB633DEFC" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_BFA77F10F78E547A92F51AB5465AD764" xlink:to="loc_us-gaap_CommonStockSharesOutstanding_BB622024AC85584CA106557DB633DEFC" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="loc_us-gaap_PreferredStockSharesAuthorized_3ED2CC68E7AB5E89ADBF5201B8484E33" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_BFA77F10F78E547A92F51AB5465AD764" xlink:to="loc_us-gaap_PreferredStockSharesAuthorized_3ED2CC68E7AB5E89ADBF5201B8484E33" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="loc_us-gaap_PreferredStockSharesIssued_B4D118BA4B785E64A45098B800AE5426" xlink:type="locator" />
    <link:presentationArc order="6" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_BFA77F10F78E547A92F51AB5465AD764" xlink:to="loc_us-gaap_PreferredStockSharesIssued_B4D118BA4B785E64A45098B800AE5426" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="loc_us-gaap_PreferredStockSharesOutstanding_4389121E58525F83BB1D2B44E3D517F4" xlink:type="locator" />
    <link:presentationArc order="7" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_BFA77F10F78E547A92F51AB5465AD764" xlink:to="loc_us-gaap_PreferredStockSharesOutstanding_4389121E58525F83BB1D2B44E3D517F4" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_05C02F5C22105318BB4807772EECD314" xlink:type="locator" />
    <link:presentationArc order="8" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_BFA77F10F78E547A92F51AB5465AD764" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_05C02F5C22105318BB4807772EECD314" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/ConsolidatedStatementsOfCashFlowsUnaudited" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="loc_us-gaap_StatementOfCashFlowsAbstract_2B7257985578B53FE33086ED4519C88C" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_E4FA64232EDC6655A64786ED45192E5D" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract_2B7257985578B53FE33086ED4519C88C" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_E4FA64232EDC6655A64786ED45192E5D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_163CD18E3DD4DF1B605286ED4519DC88" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_E4FA64232EDC6655A64786ED45192E5D" xlink:to="loc_us-gaap_ProfitLoss_163CD18E3DD4DF1B605286ED4519DC88" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_E4FA64232EDC6655A64786ED45192E5D" xlink:to="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Depreciation" xlink:label="loc_us-gaap_Depreciation_34BA4A0C4BFF0E6518E186ED4519EFE4" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:to="loc_us-gaap_Depreciation_34BA4A0C4BFF0E6518E186ED4519EFE4" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_8B4B3C877ECF8280031086ED4519F722" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:to="loc_us-gaap_ShareBasedCompensation_8B4B3C877ECF8280031086ED4519F722" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_63227797363F94D9498186ED4519A23E" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:to="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_63227797363F94D9498186ED4519A23E" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:label="loc_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_C1C420A5B3226E362AC686ED4519DB1C" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:to="loc_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_C1C420A5B3226E362AC686ED4519DB1C" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredIncomeTaxes" xlink:label="loc_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_64347B9339C1139AEB1186ED451989F1" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:to="loc_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_64347B9339C1139AEB1186ED451989F1" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnInvestments" xlink:label="loc_us-gaap_GainLossOnInvestments_7DADCE8BF15CB986AD9686ED4519A1B8" xlink:type="locator" />
    <link:presentationArc order="6" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:to="loc_us-gaap_GainLossOnInvestments_7DADCE8BF15CB986AD9686ED4519A1B8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInTradingSecurities" xlink:label="loc_us-gaap_IncreaseDecreaseInTradingSecurities_A726F8D94901E052A6B186ED4519DBFA" xlink:type="locator" />
    <link:presentationArc order="7" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:to="loc_us-gaap_IncreaseDecreaseInTradingSecurities_A726F8D94901E052A6B186ED4519DBFA" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_582C2858DD036310C2B886ED4519AAD9" xlink:type="locator" />
    <link:presentationArc order="8" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:to="loc_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_582C2858DD036310C2B886ED4519AAD9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredCompensation" xlink:label="loc_us-gaap_IncreaseDecreaseInDeferredCompensation_B52235FF58AF874627FA86ED45193971" xlink:type="locator" />
    <link:presentationArc order="9" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:to="loc_us-gaap_IncreaseDecreaseInDeferredCompensation_B52235FF58AF874627FA86ED45193971" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities" xlink:label="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_1F27B20697CAA431B18386ED45199FF7" xlink:type="locator" />
    <link:presentationArc order="10" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:to="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_1F27B20697CAA431B18386ED45199FF7" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities" xlink:label="loc_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities_7A5D6CBCEC95721AF1DD86ED4519FE8C" xlink:type="locator" />
    <link:presentationArc order="11" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:to="loc_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities_7A5D6CBCEC95721AF1DD86ED4519FE8C" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_757B6D8CBAF95BD515F286ED45198A08" xlink:type="locator" />
    <link:presentationArc order="12" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_928AAB888337077DC5D186ED4519E59D" xlink:to="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_757B6D8CBAF95BD515F286ED45198A08" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_24C51A343AF4D621382386ED45198DE9" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_E4FA64232EDC6655A64786ED45192E5D" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_24C51A343AF4D621382386ED45198DE9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8943955C5B2626D382FD86ED4519A158" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract_2B7257985578B53FE33086ED4519C88C" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8943955C5B2626D382FD86ED4519A158" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_0946B2B3131FAB7D450686ED45191F6E" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8943955C5B2626D382FD86ED4519A158" xlink:to="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_0946B2B3131FAB7D450686ED45191F6E" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireInvestments" xlink:label="loc_us-gaap_PaymentsToAcquireInvestments_9DB1724978F1D7333F1E86ED4519332D" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8943955C5B2626D382FD86ED4519A158" xlink:to="loc_us-gaap_PaymentsToAcquireInvestments_9DB1724978F1D7333F1E86ED4519332D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments" xlink:label="loc_us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_82282C4679F01C2AACFF86ED45196E1D" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8943955C5B2626D382FD86ED4519A158" xlink:to="loc_us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_82282C4679F01C2AACFF86ED45196E1D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_3545FC637F425495C51A86ED4519A3BD" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8943955C5B2626D382FD86ED4519A158" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_3545FC637F425495C51A86ED4519A3BD" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_7C0769B378A89D75226F86ED451920E6" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract_2B7257985578B53FE33086ED4519C88C" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_7C0769B378A89D75226F86ED451920E6" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation" xlink:label="loc_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_B4C5219AB0361363815486ED4519B245" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_7C0769B378A89D75226F86ED451920E6" xlink:to="loc_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_B4C5219AB0361363815486ED4519B245" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:label="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_BB309ECEC52B07F7F6E686ED4519AD26" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_7C0769B378A89D75226F86ED451920E6" xlink:to="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_BB309ECEC52B07F7F6E686ED4519AD26" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities" xlink:label="loc_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities_925DC6153604782A811586ED4519BED6" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_7C0769B378A89D75226F86ED451920E6" xlink:to="loc_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities_925DC6153604782A811586ED4519BED6" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsToMinorityShareholders" xlink:label="loc_us-gaap_ProceedsFromPaymentsToMinorityShareholders_B0C65207FD6E4FD4CB1686ED4519B6C8" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_7C0769B378A89D75226F86ED451920E6" xlink:to="loc_us-gaap_ProceedsFromPaymentsToMinorityShareholders_B0C65207FD6E4FD4CB1686ED4519B6C8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_28401D8494B88B24F24D86ED4519A1DF" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_7C0769B378A89D75226F86ED451920E6" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_28401D8494B88B24F24D86ED4519A1DF" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_BE3AB1CE1CCCFAC2373D86ED4519E0C4" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract_2B7257985578B53FE33086ED4519C88C" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_BE3AB1CE1CCCFAC2373D86ED4519E0C4" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_8E8B3DF1FB2C3BFD252386ED4519E626" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_BE3AB1CE1CCCFAC2373D86ED4519E0C4" xlink:to="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_8E8B3DF1FB2C3BFD252386ED4519E626" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_EECA6BAB72B6003840BD86ED451941E2" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_BE3AB1CE1CCCFAC2373D86ED4519E0C4" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_EECA6BAB72B6003840BD86ED451941E2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_9225D2BD1C499071329C86ED451930FF" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_BE3AB1CE1CCCFAC2373D86ED4519E0C4" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_9225D2BD1C499071329C86ED451930FF" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="loc_us-gaap_SupplementalCashFlowInformationAbstract_D120D7362D3583DB59A686ED45194851" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract_2B7257985578B53FE33086ED4519C88C" xlink:to="loc_us-gaap_SupplementalCashFlowInformationAbstract_D120D7362D3583DB59A686ED45194851" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxesPaid" xlink:label="loc_us-gaap_IncomeTaxesPaid_5EFF6D3F7B0E00AB657886ED45196800" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SupplementalCashFlowInformationAbstract_D120D7362D3583DB59A686ED45194851" xlink:to="loc_us-gaap_IncomeTaxesPaid_5EFF6D3F7B0E00AB657886ED45196800" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract" xlink:label="loc_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_FB5EDB2E92018DAADC7886ED451944FC" xlink:type="locator" />
    <link:presentationArc order="6" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract_2B7257985578B53FE33086ED4519C88C" xlink:to="loc_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_FB5EDB2E92018DAADC7886ED451944FC" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_3C67B5307EF73F480D1186ED4519CB92" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_FB5EDB2E92018DAADC7886ED451944FC" xlink:to="loc_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_3C67B5307EF73F480D1186ED4519CB92" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_ContributionofInvestmentsandPropertyandEquipment" xlink:label="loc_dhil_ContributionofInvestmentsandPropertyandEquipment_69D1D7E09F415434BD6E86ED45193D1C" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_FB5EDB2E92018DAADC7886ED451944FC" xlink:to="loc_dhil_ContributionofInvestmentsandPropertyandEquipment_69D1D7E09F415434BD6E86ED45193D1C" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification" xlink:label="loc_us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification_92DDE9480464A3750EDC86ED4519FCD8" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_FB5EDB2E92018DAADC7886ED451944FC" xlink:to="loc_us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification_92DDE9480464A3750EDC86ED4519FCD8" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_NetissuanceofETFsharesformarketablesecurities" xlink:label="loc_dhil_NetissuanceofETFsharesformarketablesecurities_990674B53BE577184C5A86ED45193C5F" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_FB5EDB2E92018DAADC7886ED451944FC" xlink:to="loc_dhil_NetissuanceofETFsharesformarketablesecurities_990674B53BE577184C5A86ED45193C5F" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/ConsolidatedStatementsOfIncomeUnaudited" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaap_IncomeStatementAbstract_F9E01751187585693D0986ED4529A1AE" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="loc_us-gaap_RevenuesAbstract_47000CE03F4FDD0094ED86ED4529B39E" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeStatementAbstract_F9E01751187585693D0986ED4529A1AE" xlink:to="loc_us-gaap_RevenuesAbstract_47000CE03F4FDD0094ED86ED4529B39E" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentAdvisoryFees" xlink:label="loc_us-gaap_InvestmentAdvisoryFees_80940E64EEAC92A2F17F86ED4529A068" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RevenuesAbstract_47000CE03F4FDD0094ED86ED4529B39E" xlink:to="loc_us-gaap_InvestmentAdvisoryFees_80940E64EEAC92A2F17F86ED4529A068" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_RevenueFromAdministrativeServicesNet" xlink:label="loc_dhil_RevenueFromAdministrativeServicesNet_5C2683EADF4EED0CC98A86ED45299432" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RevenuesAbstract_47000CE03F4FDD0094ED86ED4529B39E" xlink:to="loc_dhil_RevenueFromAdministrativeServicesNet_5C2683EADF4EED0CC98A86ED45299432" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_7F5324FFF99D7A4A410C86ED45290A53" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RevenuesAbstract_47000CE03F4FDD0094ED86ED4529B39E" xlink:to="loc_us-gaap_Revenues_7F5324FFF99D7A4A410C86ED45290A53" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="loc_us-gaap_OperatingExpensesAbstract_174D6F1951246A44AA2986ED4529416A" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeStatementAbstract_F9E01751187585693D0986ED4529A1AE" xlink:to="loc_us-gaap_OperatingExpensesAbstract_174D6F1951246A44AA2986ED4529416A" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="loc_us-gaap_LaborAndRelatedExpense_81C079A499BAE55EFBDE86ED4529846D" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OperatingExpensesAbstract_174D6F1951246A44AA2986ED4529416A" xlink:to="loc_us-gaap_LaborAndRelatedExpense_81C079A499BAE55EFBDE86ED4529846D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_FB3983D3432EBD0066CB86ED452964C9" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OperatingExpensesAbstract_174D6F1951246A44AA2986ED4529416A" xlink:to="loc_us-gaap_GeneralAndAdministrativeExpense_FB3983D3432EBD0066CB86ED452964C9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SellingAndMarketingExpense" xlink:label="loc_us-gaap_SellingAndMarketingExpense_1ACEC76536D68061401686ED4529DCED" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OperatingExpensesAbstract_174D6F1951246A44AA2986ED4529416A" xlink:to="loc_us-gaap_SellingAndMarketingExpense_1ACEC76536D68061401686ED4529DCED" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetManagementCosts" xlink:label="loc_us-gaap_AssetManagementCosts_54ECC68B0094501B810F86ED4529E042" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OperatingExpensesAbstract_174D6F1951246A44AA2986ED4529416A" xlink:to="loc_us-gaap_AssetManagementCosts_54ECC68B0094501B810F86ED4529E042" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses_06FEA65B48EE047A0D9A86ED4529E7E5" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OperatingExpensesAbstract_174D6F1951246A44AA2986ED4529416A" xlink:to="loc_us-gaap_OperatingExpenses_06FEA65B48EE047A0D9A86ED4529E7E5" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaap_OperatingIncomeLoss_EE46434B0BB464B9CA6C86ED4529CC8B" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeStatementAbstract_F9E01751187585693D0986ED4529A1AE" xlink:to="loc_us-gaap_OperatingIncomeLoss_EE46434B0BB464B9CA6C86ED4529CC8B" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentIncomeNet" xlink:label="loc_us-gaap_InvestmentIncomeNet_627C080788102006F79786ED45290E55" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeStatementAbstract_F9E01751187585693D0986ED4529A1AE" xlink:to="loc_us-gaap_InvestmentIncomeNet_627C080788102006F79786ED45290E55" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_87D108366BCFB7A45C5E86ED4529BEDF" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeStatementAbstract_F9E01751187585693D0986ED4529A1AE" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_87D108366BCFB7A45C5E86ED4529BEDF" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_2E0EDB7E305CA997225086ED45299B51" xlink:type="locator" />
    <link:presentationArc order="6" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeStatementAbstract_F9E01751187585693D0986ED4529A1AE" xlink:to="loc_us-gaap_IncomeTaxExpenseBenefit_2E0EDB7E305CA997225086ED45299B51" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_271963D9E1CFCFF7EFFD86ED4529622E" xlink:type="locator" />
    <link:presentationArc order="7" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeStatementAbstract_F9E01751187585693D0986ED4529A1AE" xlink:to="loc_us-gaap_ProfitLoss_271963D9E1CFCFF7EFFD86ED4529622E" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_1746925B0349B82E8DBC86ED45297EE1" xlink:type="locator" />
    <link:presentationArc order="8" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeStatementAbstract_F9E01751187585693D0986ED4529A1AE" xlink:to="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_1746925B0349B82E8DBC86ED45297EE1" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_BEBB666ADDE16C3FA66186ED4529244B" xlink:type="locator" />
    <link:presentationArc order="9" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeStatementAbstract_F9E01751187585693D0986ED4529A1AE" xlink:to="loc_us-gaap_NetIncomeLoss_BEBB666ADDE16C3FA66186ED4529244B" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaap_EarningsPerShareAbstract_FCDD60A7B6C04588BA1A86ED45293216" xlink:type="locator" />
    <link:presentationArc order="10" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeStatementAbstract_F9E01751187585693D0986ED4529A1AE" xlink:to="loc_us-gaap_EarningsPerShareAbstract_FCDD60A7B6C04588BA1A86ED45293216" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaap_EarningsPerShareBasic_419057FB7558C25EA65A86ED452960F9" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareAbstract_FCDD60A7B6C04588BA1A86ED45293216" xlink:to="loc_us-gaap_EarningsPerShareBasic_419057FB7558C25EA65A86ED452960F9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaap_EarningsPerShareDiluted_B51F9E935A6222AF3D9986ED4529F870" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareAbstract_FCDD60A7B6C04588BA1A86ED45293216" xlink:to="loc_us-gaap_EarningsPerShareDiluted_B51F9E935A6222AF3D9986ED4529F870" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_9C50CFA0EF4DBDC389F186ED4529719C" xlink:type="locator" />
    <link:presentationArc order="11" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeStatementAbstract_F9E01751187585693D0986ED4529A1AE" xlink:to="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_9C50CFA0EF4DBDC389F186ED4529719C" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_ABD80C38FD8EC322A3E886ED4529DDE5" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_9C50CFA0EF4DBDC389F186ED4529719C" xlink:to="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_ABD80C38FD8EC322A3E886ED4529DDE5" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_211318769934FDDA035486ED452975CE" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_9C50CFA0EF4DBDC389F186ED4529719C" xlink:to="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_211318769934FDDA035486ED452975CE" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/ConsolidatedStatementsOfShareholdersEquityAndRedeemableNoncontrollingInterestUnaudited" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="loc_us-gaap_StatementOfStockholdersEquityAbstract_7E457C681263D38398E186ED4519555D" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaap_StatementTable_9729E8D2EA98CD6AC21F86ED45191F8E" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_7E457C681263D38398E186ED4519555D" xlink:to="loc_us-gaap_StatementTable_9729E8D2EA98CD6AC21F86ED45191F8E" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_84AD1BDA1E48538D7BA186ED4519946E" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_9729E8D2EA98CD6AC21F86ED45191F8E" xlink:to="loc_us-gaap_StatementEquityComponentsAxis_84AD1BDA1E48538D7BA186ED4519946E" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_844E7DCF1105D067601086ED45197380" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_84AD1BDA1E48538D7BA186ED4519946E" xlink:to="loc_us-gaap_EquityComponentDomain_844E7DCF1105D067601086ED45197380" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="loc_us-gaap_ParentMember_83F7E9429E3DAB3D9ABA86ED4519F2E2" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_844E7DCF1105D067601086ED45197380" xlink:to="loc_us-gaap_ParentMember_83F7E9429E3DAB3D9ABA86ED4519F2E2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_D1148656E2DED12C56ED86ED451952DD" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ParentMember_83F7E9429E3DAB3D9ABA86ED4519F2E2" xlink:to="loc_us-gaap_CommonStockMember_D1148656E2DED12C56ED86ED451952DD" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationShareBasedPaymentsMember" xlink:label="loc_us-gaap_DeferredCompensationShareBasedPaymentsMember_01D307BB27C9EB15FB8586ED4519EB44" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ParentMember_83F7E9429E3DAB3D9ABA86ED4519F2E2" xlink:to="loc_us-gaap_DeferredCompensationShareBasedPaymentsMember_01D307BB27C9EB15FB8586ED4519EB44" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="loc_us-gaap_RetainedEarningsMember_7316405B31EADA10E96A86ED45195EC2" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ParentMember_83F7E9429E3DAB3D9ABA86ED4519F2E2" xlink:to="loc_us-gaap_RetainedEarningsMember_7316405B31EADA10E96A86ED45195EC2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaap_StatementLineItems_1840B4C38836064EA99A86ED4529AA17" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_9729E8D2EA98CD6AC21F86ED45191F8E" xlink:to="loc_us-gaap_StatementLineItems_1840B4C38836064EA99A86ED4529AA17" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInStockholdersEquityRollForward" xlink:label="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1840B4C38836064EA99A86ED4529AA17" xlink:to="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_B862A1F6CC22DD44CBD286ED452941C4" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_CommonStockSharesOutstanding_B862A1F6CC22DD44CBD286ED452941C4" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_B5477B133E61ABDC0028874E8365513E" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_StockholdersEquity_B5477B133E61ABDC0028874E8365513E" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_7DA61BE9227366E7063E86ED45297638" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_7DA61BE9227366E7063E86ED45297638" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_B210737874C7320B34B786ED45294CFA" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_B210737874C7320B34B786ED45294CFA" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_AmortizationOfRestrictedStockGrants" xlink:label="loc_dhil_AmortizationOfRestrictedStockGrants_3A5C33E822BCBAEED4A586ED45298EDD" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_dhil_AmortizationOfRestrictedStockGrants_3A5C33E822BCBAEED4A586ED45298EDD" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_AF2304E4C10A3528D96886ED45297B16" xlink:type="locator" />
    <link:presentationArc order="6" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_AF2304E4C10A3528D96886ED45297B16" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_84B2AF95DD21A8248A9F86ED4529F0B2" xlink:type="locator" />
    <link:presentationArc order="7" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_84B2AF95DD21A8248A9F86ED4529F0B2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_303D201704714B99BDB686ED45291674" xlink:type="locator" />
    <link:presentationArc order="8" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_303D201704714B99BDB686ED45291674" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_89341D88660AAB8DF40C86ED452991B9" xlink:type="locator" />
    <link:presentationArc order="9" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_89341D88660AAB8DF40C86ED452991B9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation" xlink:label="loc_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_0BB594FE7FB8F451285286ED4529C0C1" xlink:type="locator" />
    <link:presentationArc order="10" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_0BB594FE7FB8F451285286ED4529C0C1" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation" xlink:label="loc_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_4660FE43CBB32F0D71D486ED45294FB2" xlink:type="locator" />
    <link:presentationArc order="11" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_4660FE43CBB32F0D71D486ED45294FB2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_826067717D19E8F3C8E186ED45296055" xlink:type="locator" />
    <link:presentationArc order="12" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_826067717D19E8F3C8E186ED45296055" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_42F4F8DF637C0F08DD7B86ED4529BD0B" xlink:type="locator" />
    <link:presentationArc order="13" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_42F4F8DF637C0F08DD7B86ED4529BD0B" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_8565070390D6FF14AA89871C311736D0" xlink:type="locator" />
    <link:presentationArc order="14" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_NetIncomeLoss_8565070390D6FF14AA89871C311736D0" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_3D96C3D07B597A8955A786ED4529F18E" xlink:type="locator" />
    <link:presentationArc order="15" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_CommonStockSharesOutstanding_3D96C3D07B597A8955A786ED4529F18E" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_9D864C0CB61D32EC3AC38752F15B95E9" xlink:type="locator" />
    <link:presentationArc order="16" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_599FD927DA138F11109186ED4529D0E7" xlink:to="loc_us-gaap_StockholdersEquity_9D864C0CB61D32EC3AC38752F15B95E9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInTemporaryEquityRollForward" xlink:label="loc_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_B2BDA2BC4617EC2AE9AB8755ECCF64CA" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1840B4C38836064EA99A86ED4529AA17" xlink:to="loc_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_B2BDA2BC4617EC2AE9AB8755ECCF64CA" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_6AE470E78326E81031788757F6C9F17D" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_B2BDA2BC4617EC2AE9AB8755ECCF64CA" xlink:to="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_6AE470E78326E81031788757F6C9F17D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_EB6A1ACBDD1743869B2E8756695683D1" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_B2BDA2BC4617EC2AE9AB8755ECCF64CA" xlink:to="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_EB6A1ACBDD1743869B2E8756695683D1" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest" xlink:label="loc_dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_1EC8DA8B72AD684ADD3987569F3C820B" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_B2BDA2BC4617EC2AE9AB8755ECCF64CA" xlink:to="loc_dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest_1EC8DA8B72AD684ADD3987569F3C820B" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_14C0F4B7D2DB2604A3178754E567377C" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward_B2BDA2BC4617EC2AE9AB8755ECCF64CA" xlink:to="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_14C0F4B7D2DB2604A3178754E567377C" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/DocumentAndEntityInformation" xlink:type="extended">
    <link:loc xlink:href="dhil-20170331.xsd#dhil_DocumentAndEntityInformationAbstract" xlink:label="loc_dhil_DocumentAndEntityInformationAbstract_E56580ACF21254A291F5A4A9A3B1C706" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType_166ACF6227BE51C8BC24493090F2158F" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_DocumentAndEntityInformationAbstract_E56580ACF21254A291F5A4A9A3B1C706" xlink:to="loc_dei_DocumentType_166ACF6227BE51C8BC24493090F2158F" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag_3D41C25A4C815ACABFE519CFC99CED27" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_DocumentAndEntityInformationAbstract_E56580ACF21254A291F5A4A9A3B1C706" xlink:to="loc_dei_AmendmentFlag_3D41C25A4C815ACABFE519CFC99CED27" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate_DEAB48BAC2C85693B880645B6B9D2B33" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_DocumentAndEntityInformationAbstract_E56580ACF21254A291F5A4A9A3B1C706" xlink:to="loc_dei_DocumentPeriodEndDate_DEAB48BAC2C85693B880645B6B9D2B33" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_dei_DocumentFiscalYearFocus_459CD1EEECF65EEDBDAE9A987793714F" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_DocumentAndEntityInformationAbstract_E56580ACF21254A291F5A4A9A3B1C706" xlink:to="loc_dei_DocumentFiscalYearFocus_459CD1EEECF65EEDBDAE9A987793714F" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_dei_DocumentFiscalPeriodFocus_81CB5CC16ADD50D2A9E6C519F150904F" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_DocumentAndEntityInformationAbstract_E56580ACF21254A291F5A4A9A3B1C706" xlink:to="loc_dei_DocumentFiscalPeriodFocus_81CB5CC16ADD50D2A9E6C519F150904F" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName_6C908A6ABCE257A18983F980E178BB65" xlink:type="locator" />
    <link:presentationArc order="6" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_DocumentAndEntityInformationAbstract_E56580ACF21254A291F5A4A9A3B1C706" xlink:to="loc_dei_EntityRegistrantName_6C908A6ABCE257A18983F980E178BB65" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey_78702E70BC675725960186AD8AD7D679" xlink:type="locator" />
    <link:presentationArc order="7" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_DocumentAndEntityInformationAbstract_E56580ACF21254A291F5A4A9A3B1C706" xlink:to="loc_dei_EntityCentralIndexKey_78702E70BC675725960186AD8AD7D679" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_dei_CurrentFiscalYearEndDate_1C6D564B3D985A84AA289CD6A83C7039" xlink:type="locator" />
    <link:presentationArc order="8" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_DocumentAndEntityInformationAbstract_E56580ACF21254A291F5A4A9A3B1C706" xlink:to="loc_dei_CurrentFiscalYearEndDate_1C6D564B3D985A84AA289CD6A83C7039" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityFilerCategory" xlink:label="loc_dei_EntityFilerCategory_FEF30B5CE1015FAD82908D0C80C72889" xlink:type="locator" />
    <link:presentationArc order="9" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_DocumentAndEntityInformationAbstract_E56580ACF21254A291F5A4A9A3B1C706" xlink:to="loc_dei_EntityFilerCategory_FEF30B5CE1015FAD82908D0C80C72889" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_dei_EntityCommonStockSharesOutstanding_92F76DEE0CF1596EBB04261254BDC7DC" xlink:type="locator" />
    <link:presentationArc order="10" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_DocumentAndEntityInformationAbstract_E56580ACF21254A291F5A4A9A3B1C706" xlink:to="loc_dei_EntityCommonStockSharesOutstanding_92F76DEE0CF1596EBB04261254BDC7DC" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/EarningsPerShare" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaap_EarningsPerShareAbstract_F8D4DB0CE6585727BCDE6984DC972E85" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="loc_us-gaap_EarningsPerShareTextBlock_459657F56ED15449A36D1CB9B4346962" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareAbstract_F8D4DB0CE6585727BCDE6984DC972E85" xlink:to="loc_us-gaap_EarningsPerShareTextBlock_459657F56ED15449A36D1CB9B4346962" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/EarningsPerShareComputationForEarningsPerShareDetail" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaap_EarningsPerShareAbstract_3546417EB3815882EDB686ED445B1619" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_D10E2665147A8F0C1FE886ED445B5821" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareAbstract_3546417EB3815882EDB686ED445B1619" xlink:to="loc_us-gaap_ProfitLoss_D10E2665147A8F0C1FE886ED445B5821" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7E5899AC8B28A4276FF486ED445B60A4" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareAbstract_3546417EB3815882EDB686ED445B1619" xlink:to="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7E5899AC8B28A4276FF486ED445B60A4" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_76F15378863149CCA82F86ED445BFEC6" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareAbstract_3546417EB3815882EDB686ED445B1619" xlink:to="loc_us-gaap_NetIncomeLoss_76F15378863149CCA82F86ED445BFEC6" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_FC122AB775C58CC8BA7B86ED445B8473" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareAbstract_3546417EB3815882EDB686ED445B1619" xlink:to="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_FC122AB775C58CC8BA7B86ED445B8473" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_1BCB57AD0043F177C6B186ED445BEC8C" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_FC122AB775C58CC8BA7B86ED445B8473" xlink:to="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_1BCB57AD0043F177C6B186ED445BEC8C" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_37777363B44C3CF27D9786ED445B14C3" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_FC122AB775C58CC8BA7B86ED445B8473" xlink:to="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_37777363B44C3CF27D9786ED445B14C3" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_7EEF7ECE4E045C09361A86ED445B5119" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_FC122AB775C58CC8BA7B86ED445B8473" xlink:to="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_7EEF7ECE4E045C09361A86ED445B5119" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasicAndDilutedAbstract" xlink:label="loc_us-gaap_EarningsPerShareBasicAndDilutedAbstract_D777D8D4B0A444140F5386ED445BA2DD" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareAbstract_3546417EB3815882EDB686ED445B1619" xlink:to="loc_us-gaap_EarningsPerShareBasicAndDilutedAbstract_D777D8D4B0A444140F5386ED445BA2DD" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaap_EarningsPerShareBasic_0A716E2EE39D91F3AA4E86ED445B09D0" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareBasicAndDilutedAbstract_D777D8D4B0A444140F5386ED445BA2DD" xlink:to="loc_us-gaap_EarningsPerShareBasic_0A716E2EE39D91F3AA4E86ED445B09D0" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaap_EarningsPerShareDiluted_5F093E2DF6F5CBA5D00C86ED445B8765" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareBasicAndDilutedAbstract_D777D8D4B0A444140F5386ED445BA2DD" xlink:to="loc_us-gaap_EarningsPerShareDiluted_5F093E2DF6F5CBA5D00C86ED445B8765" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/EarningsPerShareTables" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaap_EarningsPerShareAbstract_D7ABE78947BF52DA82C836073EC41D16" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A231EF6ED59F5E09BFAA94CD99B6ACAC" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareAbstract_D7ABE78947BF52DA82C836073EC41D16" xlink:to="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A231EF6ED59F5E09BFAA94CD99B6ACAC" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/IncomeTaxes" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaap_IncomeTaxDisclosureAbstract_9CDC4E6820FE5DFBBCF65B08BB581DF0" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="loc_us-gaap_IncomeTaxDisclosureTextBlock_981DF58C2A725941BDD5808E84FD3BCE" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeTaxDisclosureAbstract_9CDC4E6820FE5DFBBCF65B08BB581DF0" xlink:to="loc_us-gaap_IncomeTaxDisclosureTextBlock_981DF58C2A725941BDD5808E84FD3BCE" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/IncomeTaxesNarrativeDetail" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaap_IncomeTaxDisclosureAbstract_96E4690CE5AAA5703DA3AA73034DE283" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_9AAFA7F47F9AA0B592C3AA73034DF6DB" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeTaxDisclosureAbstract_96E4690CE5AAA5703DA3AA73034DE283" xlink:to="loc_us-gaap_IncomeTaxExpenseBenefit_9AAFA7F47F9AA0B592C3AA73034DF6DB" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_3BBAB260282F9ED89011AA73034EDF28" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeTaxDisclosureAbstract_96E4690CE5AAA5703DA3AA73034DE283" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_3BBAB260282F9ED89011AA73034EDF28" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_77AA4B277369F1D3A2B8AA73034EA58B" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeTaxDisclosureAbstract_96E4690CE5AAA5703DA3AA73034DE283" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_77AA4B277369F1D3A2B8AA73034EA58B" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount" xlink:label="loc_dhil_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_57C37316F8E36EEB87F3AA73034E9052" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeTaxDisclosureAbstract_96E4690CE5AAA5703DA3AA73034DE283" xlink:to="loc_dhil_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount_57C37316F8E36EEB87F3AA73034E9052" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount" xlink:label="loc_dhil_EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount_CBC0D4BD72DB53451BB5AA73034EFA3D" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeTaxDisclosureAbstract_96E4690CE5AAA5703DA3AA73034DE283" xlink:to="loc_dhil_EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount_CBC0D4BD72DB53451BB5AA73034EFA3D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="loc_us-gaap_DeferredTaxAssetsValuationAllowance_D8A16DF7BC52C8149B86AA73034ECACE" xlink:type="locator" />
    <link:presentationArc order="6" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeTaxDisclosureAbstract_96E4690CE5AAA5703DA3AA73034DE283" xlink:to="loc_us-gaap_DeferredTaxAssetsValuationAllowance_D8A16DF7BC52C8149B86AA73034ECACE" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="loc_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_0DA62254AA04F35E30A6AA73034E9E22" xlink:type="locator" />
    <link:presentationArc order="7" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeTaxDisclosureAbstract_96E4690CE5AAA5703DA3AA73034DE283" xlink:to="loc_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_0DA62254AA04F35E30A6AA73034E9E22" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/InvestmentPortfolio" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract" xlink:label="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_BF1FBE434FCA55F1B1FF23343C5AB471" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:label="loc_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_CD680BE848D1574989956C5E03094668" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_BF1FBE434FCA55F1B1FF23343C5AB471" xlink:to="loc_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_CD680BE848D1574989956C5E03094668" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/InvestmentPortfolioEquityMethodInvestmentsDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract" xlink:label="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_81A34669634D6449DA1086ED44D83A0A" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets_C162252C3E75974BFE6E86ED44D8D6EB" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_81A34669634D6449DA1086ED44D83A0A" xlink:to="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets_C162252C3E75974BFE6E86ED44D8D6EB" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities_5D6A2FA04385C65CE85186ED44D8B1D6" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_81A34669634D6449DA1086ED44D83A0A" xlink:to="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities_5D6A2FA04385C65CE85186ED44D8B1D6" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquity" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquity_EFC5D9DE6FC99933325C87D0AF53727C" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_81A34669634D6449DA1086ED44D83A0A" xlink:to="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquity_EFC5D9DE6FC99933325C87D0AF53727C" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets" xlink:label="loc_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_BE8AED904216D2AB800786ED44D89C4D" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_81A34669634D6449DA1086ED44D83A0A" xlink:to="loc_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_BE8AED904216D2AB800786ED44D89C4D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_C1AA285F11407C19A82487D82ACBB66C" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_81A34669634D6449DA1086ED44D83A0A" xlink:to="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_C1AA285F11407C19A82487D82ACBB66C" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses" xlink:label="loc_dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses_B189BE7A2110D9859D4587D87DC8B927" xlink:type="locator" />
    <link:presentationArc order="6" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_81A34669634D6449DA1086ED44D83A0A" xlink:to="loc_dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses_B189BE7A2110D9859D4587D87DC8B927" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses" xlink:label="loc_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses_11B7AB6628BFB951361A87D8E2EA6053" xlink:type="locator" />
    <link:presentationArc order="7" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_81A34669634D6449DA1086ED44D83A0A" xlink:to="loc_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses_11B7AB6628BFB951361A87D8E2EA6053" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation" xlink:label="loc_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation_63A7ECDF349666B7683287D9088BB3A0" xlink:type="locator" />
    <link:presentationArc order="8" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_81A34669634D6449DA1086ED44D83A0A" xlink:to="loc_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation_63A7ECDF349666B7683287D9088BB3A0" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_3CC2FDB0A8BCDC7819E886ED44D81B2B" xlink:type="locator" />
    <link:presentationArc order="9" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_81A34669634D6449DA1086ED44D83A0A" xlink:to="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_3CC2FDB0A8BCDC7819E886ED44D81B2B" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_88CEE2C2725487E1AE3986ED44D84000" xlink:type="locator" />
    <link:presentationArc order="10" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_81A34669634D6449DA1086ED44D83A0A" xlink:to="loc_us-gaap_IncomeLossFromEquityMethodInvestments_88CEE2C2725487E1AE3986ED44D84000" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/InvestmentPortfolioNarrativeDetail" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract" xlink:label="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_291D8E4EDD92447456BA9C28F574B48A" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsFairValueDisclosure" xlink:label="loc_us-gaap_InvestmentsFairValueDisclosure_E1AC389895BBBFEC00279C28F57514B8" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_291D8E4EDD92447456BA9C28F574B48A" xlink:to="loc_us-gaap_InvestmentsFairValueDisclosure_E1AC389895BBBFEC00279C28F57514B8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_5AC82A7CD66C8F09B0489C28F575AEB2" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_291D8E4EDD92447456BA9C28F574B48A" xlink:to="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_5AC82A7CD66C8F09B0489C28F575AEB2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_6469721716DDFC54ABA39C28F5754657" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_5AC82A7CD66C8F09B0489C28F575AEB2" xlink:to="loc_us-gaap_StatementEquityComponentsAxis_6469721716DDFC54ABA39C28F5754657" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_B33BFEDC0ACE1956D2CC9C28F575E8D9" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_6469721716DDFC54ABA39C28F5754657" xlink:to="loc_us-gaap_EquityComponentDomain_B33BFEDC0ACE1956D2CC9C28F575E8D9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="loc_us-gaap_ParentMember_E36C2C505BCC02209FD19C28F57550E6" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_B33BFEDC0ACE1956D2CC9C28F575E8D9" xlink:to="loc_us-gaap_ParentMember_E36C2C505BCC02209FD19C28F57550E6" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="loc_us-gaap_NoncontrollingInterestMember_A5A0ADCA5EBD6CB375D29C28F575EAC4" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_B33BFEDC0ACE1956D2CC9C28F575E8D9" xlink:to="loc_us-gaap_NoncontrollingInterestMember_A5A0ADCA5EBD6CB375D29C28F575EAC4" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_5F4178EEAED7CEE8D0F39C28F5757D36" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_5AC82A7CD66C8F09B0489C28F575AEB2" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_5F4178EEAED7CEE8D0F39C28F5757D36" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_ED706DDC2B52BD52DD079C28F5756684" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_5F4178EEAED7CEE8D0F39C28F5757D36" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_ED706DDC2B52BD52DD079C28F5756684" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_SecuritiesheldinConsolidatedFundsMember" xlink:label="loc_dhil_SecuritiesheldinConsolidatedFundsMember_AF043A2638A0018B494F9C28F576CF94" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_ED706DDC2B52BD52DD079C28F5756684" xlink:to="loc_dhil_SecuritiesheldinConsolidatedFundsMember_AF043A2638A0018B494F9C28F576CF94" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByAssetClassAxis" xlink:label="loc_us-gaap_FairValueByAssetClassAxis_B183CE688855B57DD2669C28F5766E92" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_5AC82A7CD66C8F09B0489C28F575AEB2" xlink:to="loc_us-gaap_FairValueByAssetClassAxis_B183CE688855B57DD2669C28F5766E92" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_FEC134033CD37EC128859C28F57620FF" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByAssetClassAxis_B183CE688855B57DD2669C28F5766E92" xlink:to="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_FEC134033CD37EC128859C28F57620FF" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingAccountAssetsMember" xlink:label="loc_us-gaap_TradingAccountAssetsMember_71C78504C6552FE6B5C39C28F576F9FA" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_FEC134033CD37EC128859C28F57620FF" xlink:to="loc_us-gaap_TradingAccountAssetsMember_71C78504C6552FE6B5C39C28F576F9FA" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentsMember" xlink:label="loc_us-gaap_EquityMethodInvestmentsMember_608F852CE3A5484717609C28F5767D74" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_FEC134033CD37EC128859C28F57620FF" xlink:to="loc_us-gaap_EquityMethodInvestmentsMember_608F852CE3A5484717609C28F5767D74" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems" xlink:label="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_20E4B111CAAE4D85EAD19C28F576802F" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_5AC82A7CD66C8F09B0489C28F575AEB2" xlink:to="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_20E4B111CAAE4D85EAD19C28F576802F" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationPlanAssets" xlink:label="loc_us-gaap_DeferredCompensationPlanAssets_0D38570B9951581282529C28F57B7DAA" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_20E4B111CAAE4D85EAD19C28F576802F" xlink:to="loc_us-gaap_DeferredCompensationPlanAssets_0D38570B9951581282529C28F57B7DAA" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_B67F9BB0DB9012CC35BD9C28F57C2024" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_20E4B111CAAE4D85EAD19C28F576802F" xlink:to="loc_us-gaap_TradingSecurities_B67F9BB0DB9012CC35BD9C28F57C2024" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/InvestmentPortfolioScheduleOfEquityMethodInvestmentOwnershipDetails" xlink:type="extended">
    <link:loc xlink:href="dhil-20170331.xsd#dhil_EquityMethodInvestmentsAbstract" xlink:label="loc_dhil_EquityMethodInvestmentsAbstract_4C7C0081AD0885AD3FD487C50D7EA731" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentsTable" xlink:label="loc_us-gaap_ScheduleOfEquityMethodInvestmentsTable_782715EF185106750F6687C50F869D26" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_EquityMethodInvestmentsAbstract_4C7C0081AD0885AD3FD487C50D7EA731" xlink:to="loc_us-gaap_ScheduleOfEquityMethodInvestmentsTable_782715EF185106750F6687C50F869D26" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="loc_us-gaap_InvestmentTypeAxis_79F734E85BF957AC08EF87C50FDE15AD" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfEquityMethodInvestmentsTable_782715EF185106750F6687C50F869D26" xlink:to="loc_us-gaap_InvestmentTypeAxis_79F734E85BF957AC08EF87C50FDE15AD" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="loc_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentTypeAxis_79F734E85BF957AC08EF87C50FDE15AD" xlink:to="loc_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_MidCapFundMember" xlink:label="loc_dhil_MidCapFundMember_047FA4A4CA487DDDFDDD87C5101D59E6" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39" xlink:to="loc_dhil_MidCapFundMember_047FA4A4CA487DDDFDDD87C5101D59E6" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_ResearchOpportunitiesFundMember" xlink:label="loc_dhil_ResearchOpportunitiesFundMember_9E8821D4584C09E047B887C5103C0911" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39" xlink:to="loc_dhil_ResearchOpportunitiesFundMember_9E8821D4584C09E047B887C5103C0911" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_GlobalFundLPMember" xlink:label="loc_dhil_GlobalFundLPMember_12D9D020A2F19125387887C5105BCC88" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39" xlink:to="loc_dhil_GlobalFundLPMember_12D9D020A2F19125387887C5105BCC88" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_InternationalEquityFundLPMember" xlink:label="loc_dhil_InternationalEquityFundLPMember_B51497835315AC4963E587C5107B4109" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentTypeCategorizationMember_E82A7E44F62CA60B2C7E87C50FDEEA39" xlink:to="loc_dhil_InternationalEquityFundLPMember_B51497835315AC4963E587C5107B4109" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentsLineItems" xlink:label="loc_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_96F710E8BE7135ED4A7B87C50F86BCF2" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfEquityMethodInvestmentsTable_782715EF185106750F6687C50F869D26" xlink:to="loc_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_96F710E8BE7135ED4A7B87C50F86BCF2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_A0F9C9CD8736D1F6546087C50FBFE04F" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_96F710E8BE7135ED4A7B87C50F86BCF2" xlink:to="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_A0F9C9CD8736D1F6546087C50FBFE04F" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/InvestmentPortfolioSummaryOfMarketValueOfInvestmentsDetail" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract" xlink:label="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_DA57F6429A9D59463F6C86ED44D8DBC5" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentHoldingsTable" xlink:label="loc_us-gaap_InvestmentHoldingsTable_105B0ED4A3495B4B71C386ED44D85094" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_DA57F6429A9D59463F6C86ED44D8DBC5" xlink:to="loc_us-gaap_InvestmentHoldingsTable_105B0ED4A3495B4B71C386ED44D85094" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_796DC58B954D2E021D5F86ED44D8DE3B" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentHoldingsTable_105B0ED4A3495B4B71C386ED44D85094" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_796DC58B954D2E021D5F86ED44D8DE3B" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_F47E79DD9A7E5FD7F77386ED44D86978" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_796DC58B954D2E021D5F86ED44D8DE3B" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_F47E79DD9A7E5FD7F77386ED44D86978" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_SecuritiesheldinConsolidatedFundsMember" xlink:label="loc_dhil_SecuritiesheldinConsolidatedFundsMember_E69D3AF2293D08425F0286ED44D867D7" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_F47E79DD9A7E5FD7F77386ED44D86978" xlink:to="loc_dhil_SecuritiesheldinConsolidatedFundsMember_E69D3AF2293D08425F0286ED44D867D7" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_SeedCapitalInvestmentsMember" xlink:label="loc_dhil_SeedCapitalInvestmentsMember_4E7ACB90F93A1150360986ED44D826F7" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_F47E79DD9A7E5FD7F77386ED44D86978" xlink:to="loc_dhil_SeedCapitalInvestmentsMember_4E7ACB90F93A1150360986ED44D826F7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_6DA72FF64D36069800B186ED44D8255C" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentHoldingsTable_105B0ED4A3495B4B71C386ED44D85094" xlink:to="loc_us-gaap_StatementEquityComponentsAxis_6DA72FF64D36069800B186ED44D8255C" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_C6D8EC711DEC4FD8F24886ED44D874C7" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_6DA72FF64D36069800B186ED44D8255C" xlink:to="loc_us-gaap_EquityComponentDomain_C6D8EC711DEC4FD8F24886ED44D874C7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="loc_us-gaap_ParentMember_00200FB75B3D669471B586ED44D8FE61" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_C6D8EC711DEC4FD8F24886ED44D874C7" xlink:to="loc_us-gaap_ParentMember_00200FB75B3D669471B586ED44D8FE61" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="loc_us-gaap_NoncontrollingInterestMember_64689F286859CBD2C49986ED44D85AF2" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_C6D8EC711DEC4FD8F24886ED44D874C7" xlink:to="loc_us-gaap_NoncontrollingInterestMember_64689F286859CBD2C49986ED44D85AF2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentHoldingsLineItems" xlink:label="loc_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentHoldingsTable_105B0ED4A3495B4B71C386ED44D85094" xlink:to="loc_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_E8B7CF6F48C5C34DFFA486ED44D81384" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA" xlink:to="loc_us-gaap_TradingSecurities_E8B7CF6F48C5C34DFFA486ED44D81384" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaap_EquityMethodInvestments_8B5C10F9E1EECD69C2B086ED44D89658" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA" xlink:to="loc_us-gaap_EquityMethodInvestments_8B5C10F9E1EECD69C2B086ED44D89658" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationPlanAssets" xlink:label="loc_us-gaap_DeferredCompensationPlanAssets_C01B444DC6D137FBA16486ED44D833B2" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA" xlink:to="loc_us-gaap_DeferredCompensationPlanAssets_C01B444DC6D137FBA16486ED44D833B2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="loc_us-gaap_Investments_DF7A16BF79F447E7E68486ED44D84060" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentHoldingsLineItems_2839C1B39696394A5A5986ED44D847AA" xlink:to="loc_us-gaap_Investments_DF7A16BF79F447E7E68486ED44D84060" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/InvestmentPortfolioTables" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract" xlink:label="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_568859DFF5B155D1AC0848583FBAC3D3" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryInvestmentHoldingsTextBlock" xlink:label="loc_us-gaap_SummaryInvestmentHoldingsTextBlock_CA47D1BE416D5A40B7FE0997F7426A05" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_568859DFF5B155D1AC0848583FBAC3D3" xlink:to="loc_us-gaap_SummaryInvestmentHoldingsTextBlock_CA47D1BE416D5A40B7FE0997F7426A05" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentsTextBlock" xlink:label="loc_us-gaap_EquityMethodInvestmentsTextBlock_1A68975E11C656E6A08537EC060FEA01" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_568859DFF5B155D1AC0848583FBAC3D3" xlink:to="loc_us-gaap_EquityMethodInvestmentsTextBlock_1A68975E11C656E6A08537EC060FEA01" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/LineOfCredit" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="loc_us-gaap_DebtDisclosureAbstract_ABD453B4EAF956E994EA61B8977D331B" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="loc_us-gaap_DebtDisclosureTextBlock_982D0AFEAAA358F2B98A83596C4FD9DE" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtDisclosureAbstract_ABD453B4EAF956E994EA61B8977D331B" xlink:to="loc_us-gaap_DebtDisclosureTextBlock_982D0AFEAAA358F2B98A83596C4FD9DE" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/LineOfCreditDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="loc_us-gaap_DebtDisclosureAbstract_18EAA7A690EE5C818A989C28F5444CB8" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityTable" xlink:label="loc_us-gaap_LineOfCreditFacilityTable_78290A5E4B584BF46C8C9C28F545520B" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtDisclosureAbstract_18EAA7A690EE5C818A989C28F5444CB8" xlink:to="loc_us-gaap_LineOfCreditFacilityTable_78290A5E4B584BF46C8C9C28F545520B" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="loc_us-gaap_DebtInstrumentAxis_0B6D5865E0986D97979E9C28F545F3D8" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LineOfCreditFacilityTable_78290A5E4B584BF46C8C9C28F545520B" xlink:to="loc_us-gaap_DebtInstrumentAxis_0B6D5865E0986D97979E9C28F545F3D8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_5B322F092C0E0523D1119C28F545265F" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentAxis_0B6D5865E0986D97979E9C28F545F3D8" xlink:to="loc_us-gaap_DebtInstrumentNameDomain_5B322F092C0E0523D1119C28F545265F" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_TheCreditAgreementMember" xlink:label="loc_dhil_TheCreditAgreementMember_D45F6359F7C03196F3ED9C28F545900A" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_5B322F092C0E0523D1119C28F545265F" xlink:to="loc_dhil_TheCreditAgreementMember_D45F6359F7C03196F3ED9C28F545900A" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="loc_us-gaap_CreditFacilityAxis_A649817473499F40E2969C28F545A4EB" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LineOfCreditFacilityTable_78290A5E4B584BF46C8C9C28F545520B" xlink:to="loc_us-gaap_CreditFacilityAxis_A649817473499F40E2969C28F545A4EB" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="loc_us-gaap_CreditFacilityDomain_4DF51F9CB464F2F699179C28F545B008" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CreditFacilityAxis_A649817473499F40E2969C28F545A4EB" xlink:to="loc_us-gaap_CreditFacilityDomain_4DF51F9CB464F2F699179C28F545B008" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditMember" xlink:label="loc_us-gaap_LineOfCreditMember_A06A7F316689641DBCD99C28F5450A5B" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CreditFacilityDomain_4DF51F9CB464F2F699179C28F545B008" xlink:to="loc_us-gaap_LineOfCreditMember_A06A7F316689641DBCD99C28F5450A5B" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableRateAxis" xlink:label="loc_us-gaap_VariableRateAxis_727BF3E3BB0FC74E362D9C28F5465CB5" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LineOfCreditFacilityTable_78290A5E4B584BF46C8C9C28F545520B" xlink:to="loc_us-gaap_VariableRateAxis_727BF3E3BB0FC74E362D9C28F5465CB5" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableRateDomain" xlink:label="loc_us-gaap_VariableRateDomain_CA340DFCD30699F716829C28F546CB82" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_VariableRateAxis_727BF3E3BB0FC74E362D9C28F5465CB5" xlink:to="loc_us-gaap_VariableRateDomain_CA340DFCD30699F716829C28F546CB82" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LondonInterbankOfferedRateLIBORMember" xlink:label="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_47DA5E3068AA1D60431A9C28F5465D84" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_VariableRateDomain_CA340DFCD30699F716829C28F546CB82" xlink:to="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_47DA5E3068AA1D60431A9C28F5465D84" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityLineItems" xlink:label="loc_us-gaap_LineOfCreditFacilityLineItems_B259D568A257F78F23F19C28F547C242" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LineOfCreditFacilityTable_78290A5E4B584BF46C8C9C28F545520B" xlink:to="loc_us-gaap_LineOfCreditFacilityLineItems_B259D568A257F78F23F19C28F547C242" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_F781F5C185C8B92B57CA9C28F547851D" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LineOfCreditFacilityLineItems_B259D568A257F78F23F19C28F547C242" xlink:to="loc_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_F781F5C185C8B92B57CA9C28F547851D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_E2813BBC43D2C1CE8CFB9C28F54749D3" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LineOfCreditFacilityLineItems_B259D568A257F78F23F19C28F547C242" xlink:to="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_E2813BBC43D2C1CE8CFB9C28F54749D3" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" xlink:label="loc_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_1B59E622F9AF61E2CE6C9C28F5477286" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LineOfCreditFacilityLineItems_B259D568A257F78F23F19C28F547C242" xlink:to="loc_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_1B59E622F9AF61E2CE6C9C28F5477286" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/OperatingLeases" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LeasesAbstract" xlink:label="loc_us-gaap_LeasesAbstract_08E92EBAE690569584B38B2CA8EBF3C0" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LeasesOfLesseeDisclosureTextBlock" xlink:label="loc_us-gaap_LeasesOfLesseeDisclosureTextBlock_3E4E0E3EEA935DC09E32E53902EB9B27" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LeasesAbstract_08E92EBAE690569584B38B2CA8EBF3C0" xlink:to="loc_us-gaap_LeasesOfLesseeDisclosureTextBlock_3E4E0E3EEA935DC09E32E53902EB9B27" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/OperatingLeasesFutureMinimumLeasePaymentsUnderOperatingLeasesDetail" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LeasesAbstract" xlink:label="loc_us-gaap_LeasesAbstract_3BB984ECD69256CE536D86ED446A4040" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_8A164088F7E0F0CB349886ED446A457B" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LeasesAbstract_3BB984ECD69256CE536D86ED446A4040" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_8A164088F7E0F0CB349886ED446A457B" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_E4F1F59EC0EB1BA587BF86ED446A10E4" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LeasesAbstract_3BB984ECD69256CE536D86ED446A4040" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_E4F1F59EC0EB1BA587BF86ED446A10E4" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_0C6C9761DDD4F0A8E57386ED446A7948" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LeasesAbstract_3BB984ECD69256CE536D86ED446A4040" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_0C6C9761DDD4F0A8E57386ED446A7948" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_17B1EA870A789B79716A86ED446AA458" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LeasesAbstract_3BB984ECD69256CE536D86ED446A4040" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_17B1EA870A789B79716A86ED446AA458" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_54C6183C098F2C01883086ED446A7BDD" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LeasesAbstract_3BB984ECD69256CE536D86ED446A4040" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_54C6183C098F2C01883086ED446A7BDD" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_18C0602A6B48EE74E92F86ED446ACFC3" xlink:type="locator" />
    <link:presentationArc order="6" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LeasesAbstract_3BB984ECD69256CE536D86ED446A4040" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_18C0602A6B48EE74E92F86ED446ACFC3" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_FC16E1E69B84F1AD065286ED446A374F" xlink:type="locator" />
    <link:presentationArc order="7" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LeasesAbstract_3BB984ECD69256CE536D86ED446A4040" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_FC16E1E69B84F1AD065286ED446A374F" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/OperatingLeasesNarrativeDetail" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LeasesAbstract" xlink:label="loc_us-gaap_LeasesAbstract_FDFBFA3B71FB08DDDD198B8BB47EA1DD" xlink:type="locator" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_LesseeLeasingAgreementsOperatingLeasesAreaunderLease" xlink:label="loc_dhil_LesseeLeasingAgreementsOperatingLeasesAreaunderLease_302D17C452CB945BC3248B8BB47E3D15" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LeasesAbstract_FDFBFA3B71FB08DDDD198B8BB47EA1DD" xlink:to="loc_dhil_LesseeLeasingAgreementsOperatingLeasesAreaunderLease_302D17C452CB945BC3248B8BB47E3D15" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_LesseeLeasingAgreementsOperatingLeasesLocations" xlink:label="loc_dhil_LesseeLeasingAgreementsOperatingLeasesLocations_FE8C05BB78AE1881CAD78B8BB47EA0B1" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LeasesAbstract_FDFBFA3B71FB08DDDD198B8BB47EA1DD" xlink:to="loc_dhil_LesseeLeasingAgreementsOperatingLeasesLocations_FE8C05BB78AE1881CAD78B8BB47EA0B1" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_OperatingLeaseExpenseExcludingRent" xlink:label="loc_dhil_OperatingLeaseExpenseExcludingRent_C4300FC3C88DEC15F4018B8BB47E2453" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LeasesAbstract_FDFBFA3B71FB08DDDD198B8BB47EA1DD" xlink:to="loc_dhil_OperatingLeaseExpenseExcludingRent_C4300FC3C88DEC15F4018B8BB47E2453" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/OperatingLeasesSummaryOfTotalLeaseAndOperatingExpensesDetail" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LeasesAbstract" xlink:label="loc_us-gaap_LeasesAbstract_F99ECA67D33E5E80BF395CED22A448E8" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesRentExpenseNet" xlink:label="loc_us-gaap_OperatingLeasesRentExpenseNet_E5D9CD1EFE715B1BBD19AF0E4A15CD59" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LeasesAbstract_F99ECA67D33E5E80BF395CED22A448E8" xlink:to="loc_us-gaap_OperatingLeasesRentExpenseNet_E5D9CD1EFE715B1BBD19AF0E4A15CD59" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/OperatingLeasesTables" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LeasesAbstract" xlink:label="loc_us-gaap_LeasesAbstract_6BD23C8DFD485294ABBAAB03118DC5ED" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesOfLesseeDisclosureTextBlock" xlink:label="loc_us-gaap_OperatingLeasesOfLesseeDisclosureTextBlock_50F424C4336E52A68AD00E0260566475" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LeasesAbstract_6BD23C8DFD485294ABBAAB03118DC5ED" xlink:to="loc_us-gaap_OperatingLeasesOfLesseeDisclosureTextBlock_50F424C4336E52A68AD00E0260566475" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_06CCEF5D4C3755048CBF4619BDD40E62" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LeasesAbstract_6BD23C8DFD485294ABBAAB03118DC5ED" xlink:to="loc_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_06CCEF5D4C3755048CBF4619BDD40E62" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/RegulatoryRequirementsRegulatoryRequirementsUniformNetCapitalRuleDetail" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BrokersAndDealersAbstract" xlink:label="loc_us-gaap_BrokersAndDealersAbstract_EADACBA81A725BC5997E2BEC79CA2300" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RegulatoryCapitalRequirementsAbstract" xlink:label="loc_us-gaap_RegulatoryCapitalRequirementsAbstract_7DB1A111126D5C32B53A876268DB37F2" xlink:type="locator" />
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_BrokersAndDealersAbstract_EADACBA81A725BC5997E2BEC79CA2300" xlink:to="loc_us-gaap_RegulatoryCapitalRequirementsAbstract_7DB1A111126D5C32B53A876268DB37F2" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPolicies" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_D02C886E49625AD4AFFD4E9BFADF638B" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="loc_us-gaap_SignificantAccountingPoliciesTextBlock_03B91CB0A4725565A8CE60AA24C7B0FC" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_D02C886E49625AD4AFFD4E9BFADF638B" xlink:to="loc_us-gaap_SignificantAccountingPoliciesTextBlock_03B91CB0A4725565A8CE60AA24C7B0FC" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPoliciesAssetsUnderManagementAumSubjectToIncentiveFeesAndIncentiveFeesDetail" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_80C722EC1C15156D18C98B7EA45C5C3E" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PrincipleTransactionRevenueTable" xlink:label="loc_us-gaap_PrincipleTransactionRevenueTable_909C78A0C348DC3A27568B7EA45C2465" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_80C722EC1C15156D18C98B7EA45C5C3E" xlink:to="loc_us-gaap_PrincipleTransactionRevenueTable_909C78A0C348DC3A27568B7EA45C2465" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis" xlink:label="loc_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_2F5CE8408D4AEF60C3D98B7EA45DC41C" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PrincipleTransactionRevenueTable_909C78A0C348DC3A27568B7EA45C2465" xlink:to="loc_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_2F5CE8408D4AEF60C3D98B7EA45DC41C" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NameOfReportingCategoryDomain" xlink:label="loc_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis_2F5CE8408D4AEF60C3D98B7EA45DC41C" xlink:to="loc_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_AssetUnderManagementContractualPeriodEndDateMember" xlink:label="loc_dhil_AssetUnderManagementContractualPeriodEndDateMember_A83D7D23D311978AE8578B7EA45D7CF2" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:to="loc_dhil_AssetUnderManagementContractualPeriodEndDateMember_A83D7D23D311978AE8578B7EA45D7CF2" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_AssetUnderManagementContractualPeriodEndDate2Member" xlink:label="loc_dhil_AssetUnderManagementContractualPeriodEndDate2Member_450E98BE59064693F34C8B7EA45D1607" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:to="loc_dhil_AssetUnderManagementContractualPeriodEndDate2Member_450E98BE59064693F34C8B7EA45D1607" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_AssetUnderManagementContractualPeriodEndDate3Member" xlink:label="loc_dhil_AssetUnderManagementContractualPeriodEndDate3Member_A4D45B1E4FD687D1EBFC8B7EA45D831D" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:to="loc_dhil_AssetUnderManagementContractualPeriodEndDate3Member_A4D45B1E4FD687D1EBFC8B7EA45D831D" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_AssetUnderManagementContractualPeriodEndDate4Member" xlink:label="loc_dhil_AssetUnderManagementContractualPeriodEndDate4Member_D1506DF8361618BF4DAC8B7EA45EED72" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:to="loc_dhil_AssetUnderManagementContractualPeriodEndDate4Member_D1506DF8361618BF4DAC8B7EA45EED72" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_AssetUnderManagementContractualPeriodEndTotalMember" xlink:label="loc_dhil_AssetUnderManagementContractualPeriodEndTotalMember_E12E4C30B1B463C81D788B8A70EA68E8" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NameOfReportingCategoryDomain_3E63E14F5B6776ACB66C8B7EA45D68B9" xlink:to="loc_dhil_AssetUnderManagementContractualPeriodEndTotalMember_E12E4C30B1B463C81D788B8A70EA68E8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PrincipleTransactionRevenueLineItems" xlink:label="loc_us-gaap_PrincipleTransactionRevenueLineItems_6B4FDB9016C7739B51048B7EA45EE189" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PrincipleTransactionRevenueTable_909C78A0C348DC3A27568B7EA45C2465" xlink:to="loc_us-gaap_PrincipleTransactionRevenueLineItems_6B4FDB9016C7739B51048B7EA45EE189" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_AssetsUnderManagementVariablePerformanceFees" xlink:label="loc_dhil_AssetsUnderManagementVariablePerformanceFees_71B0D93039B910CAE7D78B7EA45E5AEE" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PrincipleTransactionRevenueLineItems_6B4FDB9016C7739B51048B7EA45EE189" xlink:to="loc_dhil_AssetsUnderManagementVariablePerformanceFees_71B0D93039B910CAE7D78B7EA45E5AEE" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults" xlink:label="loc_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults_76C1F3E489C43E5254508B8A6F816167" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PrincipleTransactionRevenueLineItems_6B4FDB9016C7739B51048B7EA45EE189" xlink:to="loc_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults_76C1F3E489C43E5254508B8A6F816167" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPoliciesMutualFundAdministrationGrossAndNetRevenueDetail" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_4888E2DDCFDE5B74974D6719777C84D4" xlink:type="locator" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_MutualFundAdministrationAbstract" xlink:label="loc_dhil_MutualFundAdministrationAbstract_C02099F6793C5CAEAD1A22BEE1B20B46" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_4888E2DDCFDE5B74974D6719777C84D4" xlink:to="loc_dhil_MutualFundAdministrationAbstract_C02099F6793C5CAEAD1A22BEE1B20B46" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdministrativeServicesRevenue" xlink:label="loc_us-gaap_AdministrativeServicesRevenue_4A0ED8C176F65DEE82613E94FABAFFC9" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_MutualFundAdministrationAbstract_C02099F6793C5CAEAD1A22BEE1B20B46" xlink:to="loc_us-gaap_AdministrativeServicesRevenue_4A0ED8C176F65DEE82613E94FABAFFC9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FeesAndCommissions" xlink:label="loc_us-gaap_FeesAndCommissions_C4C8B86BC7385371890D972FA68E8045" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_MutualFundAdministrationAbstract_C02099F6793C5CAEAD1A22BEE1B20B46" xlink:to="loc_us-gaap_FeesAndCommissions_C4C8B86BC7385371890D972FA68E8045" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties" xlink:label="loc_dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties_38C548D6C5625DCF8B86C83A0787BEB8" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_MutualFundAdministrationAbstract_C02099F6793C5CAEAD1A22BEE1B20B46" xlink:to="loc_dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties_38C548D6C5625DCF8B86C83A0787BEB8" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_FundRelatedExpense" xlink:label="loc_dhil_FundRelatedExpense_C84FD8C5083851AB9C62AD91D4B56267" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_MutualFundAdministrationAbstract_C02099F6793C5CAEAD1A22BEE1B20B46" xlink:to="loc_dhil_FundRelatedExpense_C84FD8C5083851AB9C62AD91D4B56267" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet" xlink:label="loc_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet_D019CF0E8E995033933CF91AA74437A3" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_MutualFundAdministrationAbstract_C02099F6793C5CAEAD1A22BEE1B20B46" xlink:to="loc_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet_D019CF0E8E995033933CF91AA74437A3" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_ShareFinancingAbstract" xlink:label="loc_dhil_ShareFinancingAbstract_87A62583BD1C592A85445F44066A046B" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_4888E2DDCFDE5B74974D6719777C84D4" xlink:to="loc_dhil_ShareFinancingAbstract_87A62583BD1C592A85445F44066A046B" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_BrokerCommissionAdvanceRepayments" xlink:label="loc_dhil_BrokerCommissionAdvanceRepayments_9D544A8E389B5A67811A584CAC42BB7C" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_ShareFinancingAbstract_87A62583BD1C592A85445F44066A046B" xlink:to="loc_dhil_BrokerCommissionAdvanceRepayments_9D544A8E389B5A67811A584CAC42BB7C" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_BrokerCommissionAmortization" xlink:label="loc_dhil_BrokerCommissionAmortization_72533551286F517CA50F5DAF04168D25" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_ShareFinancingAbstract_87A62583BD1C592A85445F44066A046B" xlink:to="loc_dhil_BrokerCommissionAmortization_72533551286F517CA50F5DAF04168D25" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_FinancingActivityNet" xlink:label="loc_dhil_FinancingActivityNet_8826ADF71AB6574CB9A7EE12A494A539" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_ShareFinancingAbstract_87A62583BD1C592A85445F44066A046B" xlink:to="loc_dhil_FinancingActivityNet_8826ADF71AB6574CB9A7EE12A494A539" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_RevenueFromAdministrativeServicesNet" xlink:label="loc_dhil_RevenueFromAdministrativeServicesNet_4D6BDA642E76575EAA9FC0FFD35A0B63" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_4888E2DDCFDE5B74974D6719777C84D4" xlink:to="loc_dhil_RevenueFromAdministrativeServicesNet_4D6BDA642E76575EAA9FC0FFD35A0B63" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPoliciesNarrativeDetail" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_2743E0EB3A93AAB713AB9C28F5E40B55" xlink:type="locator" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable" xlink:label="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_2743E0EB3A93AAB713AB9C28F5E40B55" xlink:to="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_5CA78070ADFB11FD49359C28F5E9CB41" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:to="loc_us-gaap_StatementEquityComponentsAxis_5CA78070ADFB11FD49359C28F5E9CB41" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_ED29325110B5D7BF415D9C28F5E9D79D" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_5CA78070ADFB11FD49359C28F5E9CB41" xlink:to="loc_us-gaap_EquityComponentDomain_ED29325110B5D7BF415D9C28F5E9D79D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="loc_us-gaap_ParentMember_FB879AFFBA1452DBCD5E9C28F5E98CE6" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_ED29325110B5D7BF415D9C28F5E9D79D" xlink:to="loc_us-gaap_ParentMember_FB879AFFBA1452DBCD5E9C28F5E98CE6" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="loc_us-gaap_NoncontrollingInterestMember_22102C9DF6DDC262E95C9C28F5EA5ABF" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_ED29325110B5D7BF415D9C28F5E9D79D" xlink:to="loc_us-gaap_NoncontrollingInterestMember_22102C9DF6DDC262E95C9C28F5EA5ABF" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionAxis" xlink:label="loc_us-gaap_RelatedPartyTransactionAxis_5CB4E2337B1326781FA79C28F5EA4D76" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:to="loc_us-gaap_RelatedPartyTransactionAxis_5CB4E2337B1326781FA79C28F5EA4D76" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="loc_us-gaap_RelatedPartyTransactionDomain_1DD3876066BE5E3484829C28F5EAC65F" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RelatedPartyTransactionAxis_5CB4E2337B1326781FA79C28F5EA4D76" xlink:to="loc_us-gaap_RelatedPartyTransactionDomain_1DD3876066BE5E3484829C28F5EAC65F" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_InvestmentAdvisoryServicesMember" xlink:label="loc_dhil_InvestmentAdvisoryServicesMember_9844F02F0464A8F2CCCB9C28F5EAF5DD" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RelatedPartyTransactionDomain_1DD3876066BE5E3484829C28F5EAC65F" xlink:to="loc_dhil_InvestmentAdvisoryServicesMember_9844F02F0464A8F2CCCB9C28F5EAF5DD" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_MutualfundadministrativeservicesMember" xlink:label="loc_dhil_MutualfundadministrativeservicesMember_0C5A611F28A172B918D99C28F5EA26E5" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RelatedPartyTransactionDomain_1DD3876066BE5E3484829C28F5EAC65F" xlink:to="loc_dhil_MutualfundadministrativeservicesMember_0C5A611F28A172B918D99C28F5EA26E5" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_D93D66D2EBD9B00BF3099C28F5EA18CC" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_D93D66D2EBD9B00BF3099C28F5EA18CC" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_ADC7E2AB160A067ED45C9C28F5EA32C6" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_D93D66D2EBD9B00BF3099C28F5EA18CC" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_ADC7E2AB160A067ED45C9C28F5EA32C6" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_SecuritiesheldinConsolidatedFundsMember" xlink:label="loc_dhil_SecuritiesheldinConsolidatedFundsMember_11D527DE3FACE92A12C79C28F5EA7E91" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_ADC7E2AB160A067ED45C9C28F5EA32C6" xlink:to="loc_dhil_SecuritiesheldinConsolidatedFundsMember_11D527DE3FACE92A12C79C28F5EA7E91" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MoneyMarketFundsMember" xlink:label="loc_us-gaap_MoneyMarketFundsMember_3C00995CBE56F1BC3A8D9C28F5EA5B6A" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_ADC7E2AB160A067ED45C9C28F5EA32C6" xlink:to="loc_us-gaap_MoneyMarketFundsMember_3C00995CBE56F1BC3A8D9C28F5EA5B6A" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_1AE1D2F16EE6735369089C28F5EAF1F3" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:to="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_1AE1D2F16EE6735369089C28F5EAF1F3" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_9E1DFE6F21D278D76A129C28F5EAA2CE" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_1AE1D2F16EE6735369089C28F5EAF1F3" xlink:to="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_9E1DFE6F21D278D76A129C28F5EAA2CE" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_A604EC7867FACF7716329C28F5EA0F35" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_9E1DFE6F21D278D76A129C28F5EAA2CE" xlink:to="loc_us-gaap_FairValueInputsLevel1Member_A604EC7867FACF7716329C28F5EA0F35" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems" xlink:label="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesTable_8499C806C073982E047F9C28F5E9BA3A" xlink:to="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="loc_us-gaap_NumberOfOperatingSegments_12B847A876C99944D5DC9C28F5EBFAA8" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_us-gaap_NumberOfOperatingSegments_12B847A876C99944D5DC9C28F5EBFAA8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AllowanceForDoubtfulAccountsReceivable" xlink:label="loc_us-gaap_AllowanceForDoubtfulAccountsReceivable_E83424E28F40767F9A3A9C28F5EBFF08" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_us-gaap_AllowanceForDoubtfulAccountsReceivable_E83424E28F40767F9A3A9C28F5EBFF08" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsReceivableRelatedParties" xlink:label="loc_us-gaap_AccountsReceivableRelatedParties_2BA39FAB1DCE1F0259B79C28F5EB49DC" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_us-gaap_AccountsReceivableRelatedParties_2BA39FAB1DCE1F0259B79C28F5EB49DC" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_6F2E7A3C4F2BAF28B53A9C28F5EB6805" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_us-gaap_TradingSecurities_6F2E7A3C4F2BAF28B53A9C28F5EB6805" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsFairValueDisclosure" xlink:label="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_37EE514D500352EA408E9C28F5ECD6DF" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_37EE514D500352EA408E9C28F5ECD6DF" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount" xlink:label="loc_dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount_8AC3DE8C80EC3AC50BAC9C28F5ECCC9A" xlink:type="locator" />
    <link:presentationArc order="6" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount_8AC3DE8C80EC3AC50BAC9C28F5ECCC9A" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenueFromRelatedParties" xlink:label="loc_us-gaap_RevenueFromRelatedParties_6C99820B9A10470FA51E9C28F5EC0D35" xlink:type="locator" />
    <link:presentationArc order="7" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_us-gaap_RevenueFromRelatedParties_6C99820B9A10470FA51E9C28F5EC0D35" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_RollingClientInvestmentPerformancePeriod" xlink:label="loc_dhil_RollingClientInvestmentPerformancePeriod_BA5BE61E32AC803F850D9C28F5F1BD67" xlink:type="locator" />
    <link:presentationArc order="8" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_dhil_RollingClientInvestmentPerformancePeriod_BA5BE61E32AC803F850D9C28F5F1BD67" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PerformanceFees" xlink:label="loc_us-gaap_PerformanceFees_536792B2544732E41C099C28F5F28AFF" xlink:type="locator" />
    <link:presentationArc order="9" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_us-gaap_PerformanceFees_536792B2544732E41C099C28F5F28AFF" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_AdvanceCommissionsAmortizationPeriod" xlink:label="loc_dhil_AdvanceCommissionsAmortizationPeriod_3870190ED6B929F5C80C9C28F5F238F4" xlink:type="locator" />
    <link:presentationArc order="10" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_dhil_AdvanceCommissionsAmortizationPeriod_3870190ED6B929F5C80C9C28F5F238F4" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForUncertainTaxPositionsCurrent" xlink:label="loc_us-gaap_LiabilityForUncertainTaxPositionsCurrent_38E7D3948881F09F77C29C28F5F26F07" xlink:type="locator" />
    <link:presentationArc order="11" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems_4793CB25582BD9BCBBDB9C28F5EBCAE9" xlink:to="loc_us-gaap_LiabilityForUncertainTaxPositionsCurrent_38E7D3948881F09F77C29C28F5F26F07" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPoliciesPolicies" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_A8A27A2CF0865BA2A2C5ECCFD8E8AE95" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:label="loc_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_1B6D06F4D0C251EBAE6EF15A9EB55925" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_A8A27A2CF0865BA2A2C5ECCFD8E8AE95" xlink:to="loc_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_1B6D06F4D0C251EBAE6EF15A9EB55925" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UseOfEstimates" xlink:label="loc_us-gaap_UseOfEstimates_C7F5BE01220756A0AC95BFB962C7AE87" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_A8A27A2CF0865BA2A2C5ECCFD8E8AE95" xlink:to="loc_us-gaap_UseOfEstimates_C7F5BE01220756A0AC95BFB962C7AE87" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PriorPeriodReclassificationAdjustmentDescription" xlink:label="loc_us-gaap_PriorPeriodReclassificationAdjustmentDescription_F11C62A4C7B152078BD4DF85EEA53648" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_A8A27A2CF0865BA2A2C5ECCFD8E8AE95" xlink:to="loc_us-gaap_PriorPeriodReclassificationAdjustmentDescription_F11C62A4C7B152078BD4DF85EEA53648" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="loc_us-gaap_ConsolidationPolicyTextBlock_6BAE8FF85EEC5C3E84CAC73D30CAEA34" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_A8A27A2CF0865BA2A2C5ECCFD8E8AE95" xlink:to="loc_us-gaap_ConsolidationPolicyTextBlock_6BAE8FF85EEC5C3E84CAC73D30CAEA34" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy" xlink:label="loc_us-gaap_ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy_40064228E9C45779A1ECDD09C42923F9" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_A8A27A2CF0865BA2A2C5ECCFD8E8AE95" xlink:to="loc_us-gaap_ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy_40064228E9C45779A1ECDD09C42923F9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingPolicyPolicyTextBlock" xlink:label="loc_us-gaap_SegmentReportingPolicyPolicyTextBlock_6F620ED2D41E53089950D4FDD1C35924" xlink:type="locator" />
    <link:presentationArc order="6" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_A8A27A2CF0865BA2A2C5ECCFD8E8AE95" xlink:to="loc_us-gaap_SegmentReportingPolicyPolicyTextBlock_6F620ED2D41E53089950D4FDD1C35924" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="loc_us-gaap_CashAndCashEquivalentsPolicyTextBlock_4F2AF4B9B2DB55C6B9D3FDC23D5B4A30" xlink:type="locator" />
    <link:presentationArc order="7" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_A8A27A2CF0865BA2A2C5ECCFD8E8AE95" xlink:to="loc_us-gaap_CashAndCashEquivalentsPolicyTextBlock_4F2AF4B9B2DB55C6B9D3FDC23D5B4A30" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivablesPolicyTextBlock" xlink:label="loc_us-gaap_ReceivablesPolicyTextBlock_39D384470FFF5E899F1524F91A055950" xlink:type="locator" />
    <link:presentationArc order="8" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_A8A27A2CF0865BA2A2C5ECCFD8E8AE95" xlink:to="loc_us-gaap_ReceivablesPolicyTextBlock_39D384470FFF5E899F1524F91A055950" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:label="loc_us-gaap_InvestmentPolicyTextBlock_35D262BDCB6F5D9EBEB6C0601D4FF079" xlink:type="locator" />
    <link:presentationArc order="9" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_A8A27A2CF0865BA2A2C5ECCFD8E8AE95" xlink:to="loc_us-gaap_InvestmentPolicyTextBlock_35D262BDCB6F5D9EBEB6C0601D4FF079" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_12C9822966A951069F3826AF03397301" xlink:type="locator" />
    <link:presentationArc order="10" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_A8A27A2CF0865BA2A2C5ECCFD8E8AE95" xlink:to="loc_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_12C9822966A951069F3826AF03397301" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenueRecognitionPolicyTextBlock" xlink:label="loc_us-gaap_RevenueRecognitionPolicyTextBlock_49E01DD2F073543290F00B76B2D7E833" xlink:type="locator" />
    <link:presentationArc order="11" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_A8A27A2CF0865BA2A2C5ECCFD8E8AE95" xlink:to="loc_us-gaap_RevenueRecognitionPolicyTextBlock_49E01DD2F073543290F00B76B2D7E833" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenueRecognitionServicesManagementFees" xlink:label="loc_us-gaap_RevenueRecognitionServicesManagementFees_ADE033DCAFBB5C07A14488FEED3568B1" xlink:type="locator" />
    <link:presentationArc order="12" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_A8A27A2CF0865BA2A2C5ECCFD8E8AE95" xlink:to="loc_us-gaap_RevenueRecognitionServicesManagementFees_ADE033DCAFBB5C07A14488FEED3568B1" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure" xlink:label="loc_us-gaap_RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure_3587BFFBF4FF5AA3BDAD360C6CA620D0" xlink:type="locator" />
    <link:presentationArc order="13" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_A8A27A2CF0865BA2A2C5ECCFD8E8AE95" xlink:to="loc_us-gaap_RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure_3587BFFBF4FF5AA3BDAD360C6CA620D0" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="loc_us-gaap_IncomeTaxPolicyTextBlock_274E79BECC9150239B15893A83C9DB8E" xlink:type="locator" />
    <link:presentationArc order="14" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_A8A27A2CF0865BA2A2C5ECCFD8E8AE95" xlink:to="loc_us-gaap_IncomeTaxPolicyTextBlock_274E79BECC9150239B15893A83C9DB8E" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerSharePolicyTextBlock" xlink:label="loc_us-gaap_EarningsPerSharePolicyTextBlock_A285C866ABD956D9B8CE71E566F7E9DF" xlink:type="locator" />
    <link:presentationArc order="15" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_A8A27A2CF0865BA2A2C5ECCFD8E8AE95" xlink:to="loc_us-gaap_EarningsPerSharePolicyTextBlock_A285C866ABD956D9B8CE71E566F7E9DF" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_239561087B665094B23BAB15777504A2" xlink:type="locator" />
    <link:presentationArc order="16" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_A8A27A2CF0865BA2A2C5ECCFD8E8AE95" xlink:to="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_239561087B665094B23BAB15777504A2" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPoliciesSummaryOfInvestmentsValuesBasedUponFairValueHierarchydetail" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_891AF4E247FAE97D80B39C28F63CC84E" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_27587CEA2568E6CD8E469C28F63C34BC" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_891AF4E247FAE97D80B39C28F63CC84E" xlink:to="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_27587CEA2568E6CD8E469C28F63C34BC" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18ECF56DA366FBDFEF579C28F63C4EA8" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_27587CEA2568E6CD8E469C28F63C34BC" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18ECF56DA366FBDFEF579C28F63C4EA8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_568C2D2338F1B84131809C28F6413C3F" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_18ECF56DA366FBDFEF579C28F63C4EA8" xlink:to="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_568C2D2338F1B84131809C28F6413C3F" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_SeedCapitalInvestmentsMember" xlink:label="loc_dhil_SeedCapitalInvestmentsMember_4F4C82E3EBCDB91408B09C28F642C85B" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_568C2D2338F1B84131809C28F6413C3F" xlink:to="loc_dhil_SeedCapitalInvestmentsMember_4F4C82E3EBCDB91408B09C28F642C85B" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_SecuritiesheldinConsolidatedFundsMember" xlink:label="loc_dhil_SecuritiesheldinConsolidatedFundsMember_04C60F58A0389ED670C49C28F6428239" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_568C2D2338F1B84131809C28F6413C3F" xlink:to="loc_dhil_SecuritiesheldinConsolidatedFundsMember_04C60F58A0389ED670C49C28F6428239" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByMeasurementFrequencyAxis" xlink:label="loc_us-gaap_FairValueByMeasurementFrequencyAxis_6E033B79553EC20483049C28F64251B8" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_27587CEA2568E6CD8E469C28F63C34BC" xlink:to="loc_us-gaap_FairValueByMeasurementFrequencyAxis_6E033B79553EC20483049C28F64251B8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementFrequencyDomain" xlink:label="loc_us-gaap_FairValueMeasurementFrequencyDomain_0EB8357CB027F2547A609C28F64266E6" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByMeasurementFrequencyAxis_6E033B79553EC20483049C28F64251B8" xlink:to="loc_us-gaap_FairValueMeasurementFrequencyDomain_0EB8357CB027F2547A609C28F64266E6" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsRecurringMember" xlink:label="loc_us-gaap_FairValueMeasurementsRecurringMember_D67663971C0342A6413A9C28F6420336" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueMeasurementFrequencyDomain_0EB8357CB027F2547A609C28F64266E6" xlink:to="loc_us-gaap_FairValueMeasurementsRecurringMember_D67663971C0342A6413A9C28F6420336" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_61ED084EFAEADA510EBC9C28F64236F0" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_27587CEA2568E6CD8E469C28F63C34BC" xlink:to="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_61ED084EFAEADA510EBC9C28F64236F0" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_61ED084EFAEADA510EBC9C28F64236F0" xlink:to="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_E68FC093FB60BA7355609C28F642A530" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28" xlink:to="loc_us-gaap_FairValueInputsLevel1Member_E68FC093FB60BA7355609C28F642A530" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaap_FairValueInputsLevel2Member_73331460040BD6395D789C28F64391E2" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28" xlink:to="loc_us-gaap_FairValueInputsLevel2Member_73331460040BD6395D789C28F64391E2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="loc_us-gaap_FairValueInputsLevel3Member_5749A40BFDCFB12DEC489C28F643B5F5" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_F471434299F8CA8A07009C28F6423A28" xlink:to="loc_us-gaap_FairValueInputsLevel3Member_5749A40BFDCFB12DEC489C28F643B5F5" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_185B050BA0C3F6CA04719C28F643E4A8" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_27587CEA2568E6CD8E469C28F63C34BC" xlink:to="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_185B050BA0C3F6CA04719C28F643E4A8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsFairValueDisclosure" xlink:label="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_D9129074CB07C26C3B819C28F643FE87" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_185B050BA0C3F6CA04719C28F643E4A8" xlink:to="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_D9129074CB07C26C3B819C28F643FE87" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_030AB0415D8B7C245BE19C28F6433204" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_185B050BA0C3F6CA04719C28F643E4A8" xlink:to="loc_us-gaap_TradingSecurities_030AB0415D8B7C245BE19C28F6433204" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_DeferredCompensationInvestmentsFairValueDisclosure" xlink:label="loc_dhil_DeferredCompensationInvestmentsFairValueDisclosure_2FB648AE25DE389462189C28F643F993" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_185B050BA0C3F6CA04719C28F643E4A8" xlink:to="loc_dhil_DeferredCompensationInvestmentsFairValueDisclosure_2FB648AE25DE389462189C28F643F993" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:role="http://www.diamond-hill.com/role/SignificantAccountingPoliciesTables" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_DC52394F67BC6A0F71DF86ED4509292C" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_18FD11DB39B12391F6D986ED45098292" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_DC52394F67BC6A0F71DF86ED4509292C" xlink:to="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_18FD11DB39B12391F6D986ED45098292" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_AssetsUnderManagementVariablePerformanceFeesTableTextBlock" xlink:label="loc_dhil_AssetsUnderManagementVariablePerformanceFeesTableTextBlock_A0A205175895D402244386ED45098631" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_DC52394F67BC6A0F71DF86ED4509292C" xlink:to="loc_dhil_AssetsUnderManagementVariablePerformanceFeesTableTextBlock_A0A205175895D402244386ED45098631" xlink:type="arc" />
    <link:loc xlink:href="dhil-20170331.xsd#dhil_MutualFundAdministrationGrossAndNetRevenueTableTextBlock" xlink:label="loc_dhil_MutualFundAdministrationGrossAndNetRevenueTableTextBlock_AF7E8390856BC6C0F46C86ED4509AA41" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_DC52394F67BC6A0F71DF86ED4509292C" xlink:to="loc_dhil_MutualFundAdministrationGrossAndNetRevenueTableTextBlock_AF7E8390856BC6C0F46C86ED4509AA41" xlink:type="arc" />
  </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>diamondhillinvgroup4ca01a06.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 diamondhillinvgroup4ca01a06.jpg
M_]C_[0 L4&AO=&]S:&]P(#,N,  X0DE- ^T      ! !+     $  0$L
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M!@8'!P@'!P8)"0H*"0D,# P,# P,# P,# P,# S_P  4" $Y Y0$ 1$  A$
M Q$ !!$ _\0 T@    <! 0$! 0          ! 4# @8!  <("0H+$  " 0,#
M @0"!@<#! (& G,! @,1!  %(1(Q05$&$V$B<8$4,I&A!Q6Q0B/!4M'A,Q9B
M\"1R@O$E0S13DJ*R8W/"-40GDZ.S-A=49'3#TN(()H,)"A@9A)1%1J2T5M-5
M*!KRX_/$U.3T976%E:6UQ=7E]69VAI:FML;6YO8W1U=G=X>7I[?'U^?W.$A8
M:'B(F*BXR-CH^"DY25EI>8F9J;G)V>GY*CI*6FIZBIJJNLK:ZOK_V@ .! $
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M4;$_SJ*^(;.<>;?R[T_7O4O=/X:=JQJ2X%(IC_Q8HZ$_S 5\:YX#_P"<G_\
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ME9OT]81_HBY?]T+4'U+8=!U/[P=ST/A_+GG?RW_SDMJ/Z<N#YITR'] WD@]
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MV;-FS8%O[^QTNQO-3U.\@T[3=.@DNM0U"ZD6&"""%2\DLLCD*B(H)9B: ;G
MUY>6FG6EUJ&H74-C86,+W%[>W#K%###$I>2221R%554$DDT P%J6I:=HVG:A
MK&L:A;:3I&DVTMYJFJ7DJ06UM;0(9)9II9"J(B(I9F8@ "IVP'J.HZ?I&GWV
MK:M?6^F:7IEO+=ZEJ5W*D%O;V\"&26::60JJ(BJ69F(  J<YK_RO7\D?_+Q^
M1_\ PH=-_P"RC(%_RN'\I/\ RZ7E#_N-V'_5;.1?]#)_\XZ_^7]_+C_PJM(_
M[*LY9_T,)^07_E\/R_\ _"FTK_LIS?\ *]?R1_\ +Q^1_P#PH=-_[*,W_*X?
MRD_\NEY0_P"XW8?]5LW_ $,G_P XZ_\ E_?RX_\ "JTC_LJS?]#"?D%_Y?#\
MO_\ PIM*_P"RG-_RO7\D?_+Q^1__  H=-_[*,W_*X?RD_P#+I>4/^XW8?]5L
MW_0R?_..O_E_?RX_\*K2/^RK-_T,)^07_E\/R_\ _"FTK_LIS?\ *]?R1_\
M+Q^1_P#PH=-_[*,W_*X?RD_\NEY0_P"XW8?]5LW_ $,G_P XZ_\ E_?RX_\
M"JTC_LJS?]#"?D%_Y?#\O_\ PIM*_P"RG-_RO7\D?_+Q^1__  H=-_[*,W_*
MX?RD_P#+I>4/^XW8?]5LW_0R?_..O_E_?RX_\*K2/^RK-_T,)^07_E\/R_\
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MNEY0_P"XW8?]5LW_ $,G_P XZ_\ E_?RX_\ "JTC_LJS?]#"?D%_Y?#\O_\
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M5MVE#&,2FVDD"%@IIRI6AR3Y(<F62W-FS9LV;-FS9LV;-FS9LAWF3\Q/R_\
M)MS;V7F_SUY>\JWEW%Z]K::QJ=I8RRQ<BO-$N)4++4$5 I7(MKWGGR3Y5N(;
M3S/YPT3RY=7,?K6]MJFH6UG))'4KS19Y$)6H(J,@/F[\UORN\@7EKIWGO\R?
M*WDG4+V'ZQ96.O:Q9:;--#R*>I''=31LR\@14"E13(/YI_,[\MO(UW;6'G;\
MPO+7D^^O(?K%I9:WJUGI\LL7(KZB)<RQLR\@14"E<CG_ "O7\D?_ "\?D?\
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M7'_A5:1_V59R_P#Z&$_(+_R^'Y?_ /A3:5_V4YO^5Z_DC_Y>/R/_ .%#IO\
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M> ^X/]XP\3L.PZ'/:7Y:_D'IGETP:QYM$.LZVM'@L/MVELW8D$?O7'B1Q!Z
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MW/+:N0.:K97A /< FE?NSTNO_/K/\P2JE_S3\O*]!R46=V0#WH=J_=A)K/\
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M.6_G#^6,'YN>2Y_)UQK$FAQ37=O=&_CA$[ P$D+P+H-Z^.<#_P"<D_R)M/\
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M\UOSZTZR\W:S=1_EK^7MZ ]AKFHV[SWM_'_ORRL>41:,CI)(Z*>J<]\])_\
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MD6\[^6(_.GE#S)Y2EO&T^/S%I\^GO?*@D:(3H4YA"5Y4KTJ,@/YJ>1(OS/\
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M3\HOR7\W_G+J]WIWEM8+6RTM8Y-9UJ\9EM[9920B_ &9G?BW%0.QJ0-\F_\
MSCG_ ,XQ?F/_ ,Y,>8]1T7R0EII^EZ"D,OF7S1J3NEG9).6$2$1J[R2R<'X(
MHWXFI4"N3'\@?^<<OS _YR)\P7^D>35M;'3=$2*7S%YDU!F2TLUF+"-2$5W>
M23@W!%&_$U*C?/J!^0/_ #A.?R8\^Z3^8-[^8G^(+[3(+J$:1!IGU:$_6H9(
M"?6:YD8T#U^P/#WSZ%?DM_SB6?RI\YZ;YVN_//Z;O-/AN8AID6G_ %>(_6(G
MA)]5KB0F@:OV!X9]D_\ G&'_ )]W'_G'W\S=#_-/4/S6'FG4M'M[V!="M]'^
MJ0'ZY;RVQ)N'O)F- X;^['A[Y]:_^<</^<"C^1/YBZ-^95_^9H\RZAI,%Y N
MBP:3]5A/UN"2W),[7<K&@<-]@>'OGL'\PO*$?G_R-YL\DS7S:9%YITNYTR34
M$C$K0BX0H7"%E#$5K2HSU#YW\L1^=/*'F3RE+>-I\?F+3Y]/>^5!(T0G0IS"
M$KRI7I49[T_-3R)%^9_Y;^=_R[GU)]'A\Z:-=Z/+JL<0F:W6ZC,9D$99 Q6M
M:<A\\]N?F7Y*B_,?\OO.7D*;4&TF'S?I-UI4FII&)F@%S&8S((RR!BM:TJ,^
M;>L?\^U)UADDT#\VXYK@+^ZM-0T<QHS;]9HKMR!T_P!UG/!FJ?\ . TRQ.^B
M_F8DLP'[NVO=+**3OUECN7('^P.?([7O^?0UREO)+Y8_/.*>Z"_N;+5- ,4;
M-O4M<0WTA4=.D1SY9ZW_ ,^J[A8))/+GYT1S7(7]U9ZEHAB1FW^U/#>R%1T_
MW4<^=?YC?E]YC_*WSGK?D;S5#'#K.AR(DSP,9(98Y466*:)R 61T8,*@$="
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MJ!R\EL"?VPSKO5O345SZ.VUS;7MM;WEG<1W=I=QI-:W4+B2.6.0!D='4D,K
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MZ#?2:=JUF]G=1[\'&S+T#(PV93XC/$'F#RYK7E;4IM)UVPET^]AWX2#X76M
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MGJ\6W=0:'ZE9E9KAAWW?TD/LQSYK?\_0?S7'DG\A[/R!8W'I:S^:^IK9R("
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M^<F_S#_Y5Y^4VO7%K<>CK?F,?H70^+4<272D32KW'IPAV!'1N/CGCK_G.O\
M.8?DS_SCQYNO;"\^K>:?.B_X7\J\&"RK-?HPN)T_:'HVPD<,!L_ ;5SR;_SF
MI^;@_*/\A?--W8W?U?S+YO7_  WY9XL%D66^5A<3KW'HVXD8,!L_ ;5SY'?D
M9^5:^;/*'YV_F'JEJ)M'_+SR=J)TXR*"CZK>6TB0D ['T8@[_P"2WIG8TSYE
M_D_^7*^9?+'YM^=]0MA+I?D?RM?&Q+@%6U*Z@=8C0]?2C#O_ )+<#X9\+?\
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M%R,^U.?6+/T,9]X\V;-FSR-_SE_^?LGY*^08['R]<+'Y]\Y^K:>7W%&:R@0
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MSZ5YLV;-FS9LV?(K_GY-IL<7G'\LM7 _>WVC7UFYW^S:7"2+WIUN#VSYD?\
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M:3*V[T%2T#;<Q[=1W%-\](>5?/&E^9D6$$66J*M9+"0_:H-S&VW(?B/#/O\
M?\XU?\YC_EM_SD/:0:3'*GE+\QXH>6H>2;V4%IN"\GET^8A1<( "2  Z@59>
M-&/HOROYVTOS*BP@BSU,+62P<_:H-S&VW(?B/#.G9-<]>Y,\V;-FS9LV;-FS
M9LV;-FS9LV;-FS9LV;-FSXC?\_"?_)\V?_@*Z=_R?NL^2'_.;O\ Y.6U_P#
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M$'8R6[,6/_%:Y[J_YP9\\R:;YR\P>0KJ<BQ\S69O]-A.X%[9?;"CL7A9B?\
M4&?6+_GU'^:TVA_F7YP_*.^NR-+\\Z8=7T2V8D@:II?]X$'8RVK.S'OZ2Y]/
M_P#GV-^9LNC?F)YK_*R]NB-,\YZ<=5T>W8U U+3?[P(.QDMF<L?^*ES[#Y]1
ML^]V?;W-FS9L_/E_SE__ .M(?FC_ ,QUI_U 6V?$K_G)_P#\GQ^8G_,9;?\
M4'!GY:/^<\?_ %K;\Y_^VE9?]TRTS\U7_.;/_K4?YN_]M"S_ .Z=:Y]H?S,_
M*;0OSH_*0>2=;"P2W.GVUQH>K< TEC?Q1#T9T[T%2K@4Y(66HK7/JWY__+71
M_P U_P LQY2U8+#)/903:1J7$,]G>1Q#TIE]MRK =5+#OGZ#_P X/R.\M?\
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MS B\\R:E-&!U "014/O6,G.O_P#.%$#0_DMZC$$76O7\J =@%ACH?I0YZ/\
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M5+,3L !U.4S*BLS,%502S$T  ZDG&NZHK.[!$0%G=C0 #<DDYNFYV SYE_\
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M2\DYW#@FWLHZ&1_>G8>YSRI_SE#_ ,YB?DY_SBCY<&H^?M7.H^:M1@>7RO\
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M*33[]%Z+<0U J 3Q=2'6IXL*FLE\L^;-:\J7GUO2;DJCD?6K)ZM#,!V=:]?
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MEY<E/8@'/TP><O*FD^>O*?F3R;KT1GT?S1IUSIFHH/M>E<QM&S(3T9:U4]B
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MJ'"3_#&F22Z;:R'X;B_E(ALH#N#22=T4TW )/;.7?G3^95A^4'Y6^=/S$O\
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MVE_S@K_Y-OS%_P" A=_]1^GY]/O^?3G_ *T5YT_\UQJ/_=7TC/H__P ^O_\
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MJ9^L7/T_YLV;-GY\O^<O_P#UI#\T?^8ZT_Z@+;/B5_SD_P#^3X_,3_F,MO\
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M]=X_\&W_ +LN?('_ )^M?^4%_P#!I_[M&=^_YP'_ /6>]._[;FI_\G%SM/\
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M$<:A%'0#)9ACAOBF;*) !)- -R3C))(X8Y)99%BBB4O+*Y"JJJ*DDG8 #*)
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M,!8XD 55 Z  ; 8KBF#,?FS9LV;-FS9LV;-FS9LV;-FS9LV;-GQ&_P"?A/\
MY/FS_P# 5T[_ )/W6?)#_G-W_P G+:_^ Y8_\GKG/SI?\_3O_6F;#_P"M*_Z
MB;W/@5_S\M_]:*LO_ /TS_J(O,\,9X^SYN9\^,_0;_SB!_ZS?^5W_,#=_P#4
M?<Y]MO\ G&#_ ,D/^7?_ #!W/_49/GZEO^<#O_62?R8_[9U]_P!U.[S]*O\
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MS5^:-]:\+[SSJ/Z.T69@"?T;I9*NZ'L)+EI%8?\ %0SZ*Y[GSZO9].\^8_\
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M _\ ZSWIW_;<U/\ Y.+G:?\ G##_ ,DC8_\ ;7U#_B:YZ?\ ^?8W_K+&D_\
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M?\6,.W^2-OGGYB/^<S/^?D_YG_\ .3#ZEY)\F_6_RT_)>4M$_EN"4#4M9CW
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M/7&3+-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FSXC?\ /PG_ ,GS9_\
M@*Z=_P G[K/DA_SF[_Y.6U_\!RQ_Y/7.?G2_Y^G?^M,V'_@%:5_U$WN? K_G
MY;_ZT59?^ ?IG_41>9X8SQ]GS<SY\9^@W_G$#_UF_P#*[_F!N_\ J/N<^VW_
M #C!_P"2'_+O_F#N?^HR?/U+?\X'?^LD_DQ_VSK[_NIW>?I5_P"<)O\ UEO\
MH_\ MGWG_=1NL])YWK/76>I\V;-FS9LV;-FS9L^0G_/R74TE\\?EMHP9?4L-
M#N[UU'V@MW<^FI._0FV--O'/F'_SGIJ"2>;_ "%I0*^I9:/<W;*/M 7-QP!.
M_3]P:;>.?"'_ )^XZS'/^8_Y1^7PR&;3/+=[J#H/MA;Z\$2D[]";0TV\?H^*
M'_/TW5HYOS _*S0@R>KIWEZ\OW4?:"WMWZ2D[]";4TV\?H^;6>"\^1N?++/K
M-_S[5TJ6'0OS9ULAO1U"_P!(L8S^SRLXKJ5J&G6ET*[Y]*_^<!M.DBT?\RM7
M(/I7UYIEFA[<K6.XD:FW6EP*[Y]Q/^?0^BS0>6OSQ\Q,&^KZKJ>A:;$Q'P\[
M"&]F>AIUI>+7?P^G[+_\^K-'E@\O?G-KY#>AJ>HZ+I\9(^'G8Q7<KT-.M+M:
M[^'T_3K/H+GV,SZRYLV;-GY=-=_X[>L_\QUQ_P G6S\\&L?\=?5?^8R?_DXV
M?C)\R?\ *1:__P!M&Z_Y/-GY&O,/_'?US_MH7/\ R=;#7R+_ ,IOY._[;FG_
M /43'AEY._Y2[RM_VU['_J(3#O\ +7_R8OD'_P "/2O^HN+#C\O?^4^\C_\
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MY9?^LS?GK_X!6K_]0SYQ;_G*'_UG7\ZO_ /U7_J';/SD9\)L_)GGY>L]^?\
M/N;_ ,G=YI_\ >^_[J6F9[2_YP5_\FWYB_\  0N_^H_3\^GW_/IS_P!:*\Z?
M^:XU'_NKZ1GT?_Y]?_\ D_?-W_FO]0_[JNE9]I,^KV?H2S[NY ?S7TQ];_*[
M\R=&C5FDU?RKK-E&J?:+7%C-& NQWJVVV0O\R-/?5OR[\^Z5&&:34_+FJ6B*
MGVB9K25 !L=]_#.8?G;H\GF+\F/S=\OPJ[S:[Y*U_3XDC^V6NM.GB 78[U;;
M8YSC\X])DU[\HOS4T*)6>76O*&N6$2I]HM<V$\0"['>K;;9^9W/@'GX_L_*5
MAWY:U"+2?,?E_5)A6'3=2M+J4$T^&&97.X!IL/##;0+V/3==T74916*PO[:Y
MD%:?#%*KG< ]AX9(O*&J0Z)YL\KZU<#E!I&KV5[.I)%4MYTD;<!B-E\#A]Y5
MU*+1_-'EO5YQ6#2M4L[R8$D52"=)&W )&R^!S]0N?H:S]EV?K>S9LV;-FS9L
MV;-FS9LV;.*?\Y(:D-*_(7\W+IFXB7RMJ-G6@.]Y"UL!N1U,N<F_/B_&F_DS
M^9MP6XB3R[?6M: [W41MP-_'U,\\?\Y:ZNNB?\XR_GK>,P03>3-5L*D [ZA;
MM9@;D=3-3."_\Y1ZHNC_ /..GYTW;-Q$WE'4[&I .]] UH!N1U,M,_.5GPHS
M\FV?E]SI/Y-::VL?F[^5VF+&LGU[S9HT3JZ\EX&]BYEE[@+4GVR>_E78-JGY
MF_EYIZH)/K?F32HW5AR7B;N/D6'< 5)SKOY :0^O?GK^3.C)&LOZ1\[Z!#(C
MKS3TVU"#U"ZGJH6I(\,ZG^1FEOK?YU?E'I*1K+^D/.6APR(Z\DX-?P\RRGJH
M6I(\,_2OGWSS]>>?JIS9LV;/SY?\Y?\ _K2'YH_\QUI_U 6V?$K_ )R?_P#)
M\?F)_P QEM_U!P9^6C_G/'_UK;\Y_P#MI67_ '3+3/S5?\YL_P#K4?YN_P#;
M0L_^Z=:Y]^-"_P".)HW_ # V_P#R:7/M)H__ !R-*_Y@X/\ DVN?I]\M?\HY
MH'_;-M?^3*Y^CWR]_P <#0_^V?;?\FEPUPQPZPXR*>>?)>@?F)Y3UWR9YGM!
M>:+K]JUM=IMS0G=)8B0>,D;@.C4V8 Y&_-_E/1?/'EK6/*GF"V%UI.M6[07*
M;<D)W22,D'B\; ,IIL0#D(_,?\O?+'YJ^1_,GY?><;$:AY>\SV;VE]'MZD9.
M\<\+,"%EA<+)&U-F .0[\P/(GES\S?)OF#R+YLLA?:#YCM'M;R/;G&3O'-$S
M A9(G =&ILP!S\[/YP?E7Y@_)OSYK/D?S A=[)_5TK4PI6*^LI"3!<QU[,!1
M@">+AEK5<^&OYH?ESK?Y6><M5\H:VI=[1O5TW4 I6.[M)"?1GCKV8"A%3Q8,
MO49^4G\^?R5\T_D#^9FO_EQYIC,DFG/Z^B:PJ%(=1TZ8DVUW%6HHX%& )X.&
M0FJG/S&_G;^4'F7\COS%US\O_,J&22P?UM'U54*Q:A82DFWNHJ]F HP!/%PR
M$U4YSFRO+O3KRTU"PN9+.^L)H[BRO(6*212Q,'21&%"&5@"".^06TNKFQNK:
M^LIY+6\LY4GM+J)BDD<L;!D=&&X*D @C.4:?J%]I-_8ZKIEW-I^I:;<176GW
M]NYCE@GA</')&ZT*LC $$=#G,+&^O-+OK/4M.NI;'4-.GCN;"]@<I+#-"P>.
M2-UH596 ((Z'/OY_SBU^?EI^>7D"*>_FCB\]>6ECL_.%@O%3(_&D5[&@Z1SA
M2: ?"X9>@!/VG_YQU_.>V_-_R7'->RQQ^<- $=KYHLQ12[4_=W:*.B3 $]-F
M#+T )_4!_P X7_\ .3EC_P Y(_EA!<ZG/##^9/E!8K#SYIB\4,LA6D.H1(O2
M*Y"DT '&0.M*!2?TA?\ .(?_ #D;9?\ .07Y<0W&HSQ0_F%Y56*R\[:<O%3(
MY6D5_$@Z1W 4F@ XN'7H%)\E?\_,/_**?^#)_P!VO/-'_.?W_E)O^W]_W;L\
M-_\ /X#_ -=X_P#!M_[LN>,?^?K7_E!?_!I_[M&=^_YP'_\ 6>]._P"VYJ?_
M "<7.T_\X8?^21L?^VOJ'_$UST__ ,^QO_66-)_\"/6?^3J9Z/\ ^?<O_K-.
MF?\ @0:M_P G$SVEGJ_/H3GN_-FS9LV;-FSXC?\ /PG_ ,GS9_\ @*Z=_P G
M[K/DA_SF[_Y.6U_\!RQ_Y/7.?G2_Y^G?^M,V'_@%:5_U$WN? K_GY;_ZT59?
M^ ?IG_41>9X8SQ]GS<SY\9^@W_G$#_UF_P#*[_F!N_\ J/N<^VW_ #C!_P"2
M'_+O_F#N?^HR?/U+?\X'?^LD_DQ_VSK[_NIW>?I5_P"<)O\ UEO\H_\ MGWG
M_=1NL])YWK/76>I\V;-FS9LV;-FS9L^/'_/R'4$E_,?\O]*!_>67EN2[=:]%
MNKR6-33MO;G?/EU_SGC?))Y[\E::#^\M-!>Y85[7%U(@V[?W)SX)?\_;=5CF
M_-K\KM$#'U=/\HRWSKRV"WE_-&IX]JFU._?Z,^(?_/TG4XY?S1_+;1PQ]6P\
MK27CKRV"W=[-&IX]JFV._?Z,^<V>%,^3F?+_ #H/^#YO^54_X^]#_1_\6?X?
M^M?Y?U'ZUP^UX;_9^G)O_A>7_E7'^-/1_<_XD_0OUC_*^I_6>/VO#?I].=2_
MP'<?\J4_Y6?]6_T7_&_^%_KG_%GZ-^N^G]KPW^S]/;.E?X)G_P"5/?\ *Q_J
M_P#HW^,?\-_6_P#+_1_USA]KPW^S].?I?S[\Y^O[/U99LV;-A+YB\QZ#Y1T6
M_P#,7F?5[70M#TN(S7^J7DBQ0QJ/%FZDG8 ;D[ $X%O;ZSTVUFO;^YCM+2W7
ME-<2L%51\S^ P#J6I:?H]E<:EJEY%86-JI>XNIF"(H^9[GL.^-=TC4N[!57<
ML<^)G_.6'_.8-M^:]Q+Y:_*_3Y-"T2U+P2^?64P:M?1[CC -C!"=R.59#U_=
M_$I\A_FOYULO.BOI^B0MI\<8,:^8%'"[D'@O\J?/XO\ 5SY<?\Y9:7^77_.1
M:I9P:"FEZGI:-#IOYBQQ\-49!6D97X0T%22$DJ=ZKZ;$YS?S?I&F>:(C&T?U
M>Y12L&IH*2CV]U]C]%,^6.IZ5>6$C//66.1CQN14AC7]KP)]\\5:WH&HZ),1
M=IZD+L?2O%J4?YGL?8Y\/OS0_)_SG^5>I&#S#:&YTNYD*Z;YCM@SVMSW +$5
M1Z=4;?K2HWSS'Y@\LZIY=N.%[%SMY&(@ODJ8Y/I['V.%6$6<IR.YW#\H_P B
M_.'YH7<5Y;(VA^6(9*7?F6=3Q^$[I;)53*_R(4?M,-@9IY4\G:OYAGCN(2UA
M81/5]3-10KVB%06;Y;#QP]T:RO\ ZU;7]O/-IYMI%E@OH6,<J.GQ*T3 @@@T
MHPZ?1@ZRMKAY(YHV: 1L&2=31@1N"I&]??/N'_SC-=_EY^2^D_X430X;"2_9
M?K_GC@'O;MP25%ZX%>"U/$( J_R;LV>\/RO\SZ-Y5MDT>_MEC,M!)Y@XUFD(
MZ?6"!6GAQV'AU.?9;_G#K_G.WRWY.2W\A?G)IT-A'>,D5M^:5M$6E8C95U9!
MR8J.TL8H/VDW:0>AO)GYBQ6PCT[7Q0&BQZNHJ3X>L!^L?2.^>^()X+J&*XMI
MDN+>90\,\3!T=3N&5A4$'Q&>D(I8IXTFAD6:*0!HY4(96!Z$$;$9]K=.U'3]
M7L;35-)O[?5-,U")9[#4;25)X)XG%5DBEC+*ZL-P0:'.XQ2QS1I+#(LL4@#1
MRH0RL#T((V(Q7%,&8_$9)E38;MX9!/-'GK3M $EK;<;_ %4;?5U/P1'_ (M8
M=/\ 5&_RSYM?\YE?\_(_RM_YQDCU+R9Y4-M^97YSQH8QY7MIJZ?I$IV#:O<1
M&J,O7ZNA]4[<O25E?(#YK\_:=Y>$EI;<=0U8"GU93\$1_P"+6'3_ %1O\NN
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M_2/%_P TY]@_T/I'_5JL_P#D1'_S3GZ2O\->7/\ JP:;_P!(L/\ S3GZ#_\
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M\[:9:6QMM"\S3#S+Y=4+Q3ZOJ1:25(P  %BN1+&H'91GFS."9Y%SROGZ+/\
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MD9\)L_)GGY>L]^?\^YO_ "=WFG_P![[_ +J6F9[2_P"<%?\ R;?F+_P$+O\
MZC]/SZ??\^G/_6BO.G_FN-1_[J^D9]'_ /GU_P#^3]\W?^:_U#_NJZ5GVDSZ
MO9^A+/N[C71)$:.10Z."KHPJ"#L00>M<:RJZLCJ'1P596%00>H(QKHDJ/%*B
MR1R*5DC8 JRD4((.Q!&-=$D1XY$62.12KHPJ&!V((/4'/S-_F?Y/F_+_ /,3
MSKY+F1D_PWK%W96Q>M7MTD/U>3?>CQ%6'L<^ 7Y@^5Y?)7GCS9Y4E1D_0.J7
M-I 6K5X$D/HOOO1XRK#V.?CZ_./R%<?E?^:OYA?E[<1O&/*6O7VGVA>M9+6.
M9OJTOQ;D20E'!/8Y^4?\V?)$_P"6_P"9OGSR)/&Z?X6UN\L+4O6KVT<K?5I=
M]R)(BK@GL<@N0[.;9SW/TJ_DUYLB\\_E3^7OFN.59I-8T&RDO64U NDB6.Y3
M_83(Z_1GWR_*OS)'YO\ RW\D>9$D65]4T:T>[934"Y2,1W"_[&567Z,_7C^0
M'G>'\R/R2_*OSM%.MQ+KWEG3Y=0=#4+>QPK#>)6I^Q<(ZGY9^J?\C/.47Y@_
MD[^6GG&.99Y-;\NV$M^Z&H%Y'"L5VG?[$Z.OT9TO)]G7\ZKFS9LV;-FS9LV;
M-GBW_G/7S7'Y?_('4='$O"Z\Z:M8:7"BFC\(9/KTK;;\:6P4_P"M3OGE#_G,
MSS(FB?DM?:6).-QYKU*RTZ)5-&X12?7)#XTI;\3_ *U.^?/;_GYKYVB\K?\
M.,&JZ )N%[^86N:9HMO&K4?TX)OTE,P WXTLPC=OB /7/"'_ #\7\XQ>6O\
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M_P"<G_\ R?'YB?\ ,9;?]0<&?EH_YSQ_]:V_.?\ [:5E_P!TRTS\U7_.;/\
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M^$_^3YL__ 5T[_D_=9\D/^<W?_)RVO\ X#EC_P GKG/SI?\ /T[_ -:9L/\
MP"M*_P"HF]SX%?\ /RW_ -:*LO\ P#],_P"HB\SPQGC[/FYGSXS]!O\ SB!_
MZS?^5W_,#=_]1]SGVV_YQ@_\D/\ EW_S!W/_ %&3Y^I;_G [_P!9)_)C_MG7
MW_=3N\_2K_SA-_ZRW^4?_;/O/^ZC=9Z3SO6>NL]3YLV;-FS9LV;-FS9\ /\
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M-&K LA.X# =,++/6M'U&]U+3M/U:SOM0T9TBU>QMYXY)K5Y%Y(L\:L6C++N
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MLCDA8D0'XG=@JC<D8(M-*N=:N(["SM'O+B4_!$@W'BQ/0 =R<\9?G3_S@_\
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MJH]Y3GA/_G.;R-^D_*'EWS]:0\KGRS=FPU61>OU.](]-F/@DRJH_XR9\F?\
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M^>5O^9/YRV?Y=:#>+<^6_P HHI[&ZFB?E'-K5T4:_P!QL?0$<<%#NKK)V.?
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M]0\R*439HM*!HQ\#*PZ?ZHW\3VP4!38;#PSLT4,4$4<,$:PPQ*%CB0!54#H
M!L,^_P#HFAZ-Y:TC3?+_ )=TFST'0M'MX[32=&T^".VM;6"(<4BAAB"HB*!0
M!0 ,[9##%;Q1P01)##$H6*) %55'0 #8#-BF&F*8G--%;Q/-/(L448Y22.:
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M,MO.Z*WI.DTCL&:B,K4J"OQ?0VS_ #G_ "@U"/U;+\U/*%U&*<C'K=@W&HJ
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MY( :>XD4*&8@4   44"@#/KQ^6WY:>5ORK\LV_ECRM:M';HWJWU_-1KF[G(
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M,].6]Q;W<*7%K/'<P25].>)@Z-0D&C*2#0BF*XIB^+91( ))H!N2<HD $DT
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M#<L^R:JJ*JJH55 "J!0 #H ,^J"J% 50%5115&P '89]_%545410B( J(HH
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M?8'_ )PP_P#)(V/_ &U]0_XFN?I'_P"?8W_K+&D_^!'K/_)U,_0;_P ^Y?\
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MT6*"%22D$$2T6.-:FBJ/$FI))^</G7SQYG_,+7[KS+YMU235-4NJ*':BQPQ
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M/UG4):B*.E#2H'Q,:BBC?QH*G"C1/+^HZ[-Z=G'QA0_O[MZB-/8GN?8?JQ4
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MQG^;^].W]WNI\T>>/S@NM2];3/*[/8V!JLVJ&JSRCI^[[QJ?'[7RSQK^9?\
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MS+JUN5:/5O,LAU1PR;JP@E ME8'<,L0-?D,]*QQI$B11(L<<:A8XU "JH%
M!L !G?41(T2.-!''& J(HH% V  '0#/7L44<,<<,,:Q0Q*$BB0!555% J@;
M =!GJJ...&..**-8HHE"11( JJJB@  V  Q^.Q^/S9LV;/+7_.4O_./^L?\
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M>IID#_-/RC<_F!^6/YC>0[.\CT^[\[>5]7T"UOYE+1P2:E92VJ2NJ[E4,@)
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M_P#2'=?US?\ 1-KSO_Y<K0_^D2Y_KF_Z$+\W?]3]I'_2-<?US?\ 1(W\Q?\
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M_KGQ[_Z)&_F+_P"7=\N?](-W_7/E%_T2R\__ /EU/+__ $AW7]<W_1-KSO\
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M%IMWYNT2\TJVOYU9XX7N8C&'=5W(%=Z9\P/^B;7G?_RY6A_](ES_ %SYZ_\
M0A?F[_J?M(_Z1KC^N?&W_HD;^8O_ )=WRY_T@W?]<^2G_1++S_\ ^74\O_\
M2'=?US?]$VO._P#Y<K0_^D2Y_KF_Z$+\W?\ 4_:1_P!(UQ_7-_T2-_,7_P N
M[Y<_Z0;O^N;_ *)9>?\ _P NIY?_ .D.Z_KF_P"B;7G?_P N5H?_ $B7/]<W
M_0A?F[_J?M(_Z1KC^N;_ *)&_F+_ .7=\N?](-W_ %S?]$LO/_\ Y=3R_P#]
M(=U_7-_T3:\[_P#ERM#_ .D2Y_KF_P"A"_-W_4_:1_TC7']<W_1(W\Q?_+N^
M7/\ I!N_ZYO^B67G_P#\NIY?_P"D.Z_KF_Z)M>=__+E:'_TB7/\ 7-_T(7YN
M_P"I^TC_ *1KC^N;_HD;^8O_ )=WRY_T@W?]<W_1++S_ /\ EU/+_P#TAW7]
M<&6G_/M?S.Y/U_\ -32[85'$P:;-/4=R>4\73M@JV_YP(\P.3]<_,;3X!44,
M-A++MW/Q2QX86/\ SZ)\XR%OTE^=6C6@Y+Q-MI%Q<$K^T3SN(:$=AW]L'67_
M #ZN\V2$_I'\W](M1R'$V^E3SU'<GG/#N.P_5G0=#_Y]L>4;=T/F3\S]8U:,
M$<UTVPM]/)%36AFDO:;4'0_PR;Z1_P X$^6(64Z]^86J:D@(YK86<-B2*FM#
M*]W3:G;.I>7/^?1?D6UD0^;OSDU[6X@1ZB:1IEKI3$<C4!KB74 -J#H=]_8=
M*T#_ )]8>2[9T/FG\VM;UF,$>HFE:=;::Q%36C3R7]-J#H=]_;/2_D3_ )Q$
M_(/R!+%>6/DB'7M4A(9-4U^1M1<$="(9?]'4@[@K$#[],[[Y._YQC_)CR7)%
M=6?E&+6=0B(*:AK3M?,".A$4G[E2.H*Q@^^>O?RU_P"<$_\ G&/\L)H+_3?R
MZ@\S:S;L&CUGS/*VK2 K]DK!-_HJ$'<,D(/OL*>J_P O/^<*O^<<ORXFAO=/
M\@P^8M6@8,FK>8Y&U-P1]DK!+_HRD'<,L0/OTSTJJJBJJJ%50 J@4  Z #.^
M*H4!5 55%%4;  =AGKQ55%5$4(B *B**  ;  #/52JJ*J(H5% "J!0 #H ,O
M+QV7FS9LV;-FS9S?\T/RE\A?G%Y<E\L>?=#BU:R^)K"\7]W=V4S #UK6<#E&
MVPK3X6Z.&6HPCU_RYI'F:Q:PUBT6XBW,,HVDB8_M1OU4_@>]1D:\U>4- \YZ
M:VE^8+!;N#<V\P^&:!S^W%(-U.WR/0@C;$9[>*X3A*O(=CW'R.?#W_G(K_G#
M[S[^1LUSKNGK+YQ_+HO6+S-;1'UK)6/PIJ$*U]/P]05C.VZL>&>4?.WY::QY
M3:2[A#:GHE?AOXU^*('H)E'V?]8;?([9X6_,?\F_,'D1Y;^V#:SY;+?!J<2_
M' #T6X0?9_UA\)]B:9&;S3Y;6K#]Y#_..WS&>0<YKG'<+\<J\NX51]IST'SP
M-=WEM8P/<W<ZV\"?:D;]0'4GV&1?SCYU\J_E_H-WYG\XZW;:!HEEM->W+$<G
M()6.-%!>1VH>*("Q[# 5_J-EI=K)>7]PEM;1_:D<]3V  W)/@,]Z?\XY_P#.
M='FK\M/J'E#\R7O/.7D&,)!:WY82:IIB"M/3=J&>)00/3=N2@? P "%"T_/W
M6RD>A7\UQ/Y82B*2P-R!7;D>K(/Y"33QZ#/DY_SDU_SGU^:'YXZ(?RO\O^8M
M7\L_E#;UBETMYE6ZU=.6PU!XAS,"[<8.;J*5;E\ 3B?F3\R[[6B=/MVEM=%'
MPE"?WDN_62G[/^34_3V^RWD[SIY5_,#R_8^:?)FN6OF'0=06MO?VC\@& !:.
M131HW6M&1P&4[$#.F6&H66J6L=[I]REU;2CX)4-1[@]P1W!SP RLAHPI7H>H
M-#2H(V.XR-(ZR*'1@RGH1DHP9C<=BRV_JJ1( 8V%&4BM0>HIG1?*_P"7MYK0
MCO-4#6.EMN$(_>S*?Y0?L@^)^@9]7/\ G##_ )]>_F%^?9TG\P?S=^N_EI^4
M,_"YL[=D$>N:["2"/JD,H/U:%QN)Y5/(4,<;JW->D^5/RZO=;$=[JH:PTI]U
M0C][.I_E!^RI\2/D#GG[\POR+M=0$VK>3$2QOMWET,D)!+W/HD[1L?Y3\/\
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M_P":L^F%_P">]$6Q@N]%OK;75O8EFLKFSE6:V>-Q59!+&65E(W'$[Y'OSO\
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M5]32M+D&X,:.!]8E7^=QQ4_86H#GU#Y'_*73]!]'4M>$>J:NM&C@IRM[<]J
M_;8>)%!V'?/:_P"6GY$:3Y7^KZQYG$6M:^M'AMJ<K2U;MQ!'[QQ_,PH.PJ.6
M2.STR.&DDU))>R_LK_7/?S(KBC"N=.U?1=.URU-IJ-N)H]S&_1XV_F1NH/\
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M< $=&(((((()!!!!(.>!?-UK^8_D/S+K'D_SA+K7E_S+H%P;75]'N[B5989
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MN030?$   "220  22 ,-M"B\W>9M7L-!T"34M5UC5)1#86$$LC/(YWV^(
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M[R1Y!\V:A::KYA\N6T\.IZA8RS3V\C2W4TRE))XXI& 60#XD&^< _P"<M/\
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MN?&E12M33PW_ ,YG_P#..'YG?\Y C\N#^7'F31_+Y\H_IC],#5;R\M/7^O\
MU'T/2^J6UQRX_5GKSXTJ*5J:?.+\P?\ G%3_ )R/_+K1-0\R:E"VM:)I,+7&
MJ7VC:FUR8(5%7D:%S%,54;L50\0"3117/"7G;_G''\^/(ND7NO7\3:MI&FQ&
M?4;O2M0:<PQ**M(T3&.4JHW8JAH*D[;Y\E_S2_YPG_YRT_*CR[JGFW5K=_,7
MEW0X&NM9U'R_K#W9MH$%7E>WD,,Y1!4L4C8* 6:B@G/EW^97_.'O_.4?Y8:!
MJ7FG5(&U[0-&@:YU?4-#U9KHV\""KRO YBG*H-V*H>(!8T45SRS^G=;_ .KS
M??\ 21+_ ,U9YT_3&K_]76\_Y'R?\U9XN_Q)YB_ZO^H_])4W_-6>0O\ $.O_
M /5\U#_I)E_YJRUUO768*NKW[,QHJBXE))/0 <L<-7UAB%74[QF8T51-(22?
M]ECE\Q>9'9437=2=W(556ZF))/0 <L<NO^879436M19F("J+F4DD] !RSV%Y
M8_YPT_YR=\R6%OJ,RQ>68KJ-98(-9U9XI^#@$<XH/7=#0[JX##N <]0^7O\
MG%;_ )R#UZR@OI1'Y?CN462&'5=3:.;BU".44/K,AH>C $=Q7/>GDW_GW]_S
MF+YNTNUU6X2'R=!>Q+-;VWF#7'AN>#@%><%L+EXS0[K(%8=" =L]N>4O^<&/
M^<LO-6FVVISI#Y3AO(EFM[?7=9>*XX. 5YPVXN'C-#NKA6'0@';/HS_SBC^2
M/GS\D?+WFS2O/FNZ;KMWKFHP7=A+IMU=721QQQ<&5S=00$$GL 1GNO\ YQN_
M*/SE^4>B>9=.\Y:Q8:Q<ZO?17-E+87%Q<*D:1\"&-Q#"02? '/K)_P X1_\
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MB4?1GP _Y^36EO;?\Y'B:&,))J'E72[B[8?MR*]Q"&/^PC4?1GB#/(N?.;/
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M0+_GV7;03_\ .5>@2S1+))9Z!K,UJ["ICD-OZ19? \'9?D3GNC_GW5;P3?\
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M#]/  ?\ ;NPX_P"?OX"C_G'<   #S: !T _W"X;?\_60 /R% % /\4  =O\
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M><_,NF:IYHGBGN[&Q-G]7C,4$< ">I;NU"(P=R=\^=]__P X\>6+3_G+)/\
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MVY:?]0QSGW_.!?\ RB/G[_MKVW_4.<X[_P ^C?\ R77YN_\ @1V/_4(<Y/\
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M_P"<Q/+MKY0_YP?_ # \I6,\MS9>5_+&B:19W,_'U9(K*\L8$>3B O)E0$T
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M2Y#_ ,P_^4 \\?\ @/ZG_P!0LF?F)S\^6?CDS\F>=^_YQ9_]:$_*C_MN1_\
M)M\[3_SCK_Y.[\MO^VNG_$'ST_\ \X7?^M3_ )(_^!'%_P FI,]'_P#.(?\
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MSR+YPEFO/RS\T3":UU0*3&(V(2._C45H\= EP@WH*CE1.2/Y6^<?.7_/N?\
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MJNOD-!(HDMM.C:O-3N&D=3T/6@/S/;!G3IG;(HHH(TAAC6**)0L<2 *J@=
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M9_Y-)GN[_GW+_P"M+Z7_ . _JW_)M<^YV?8'/TCY^@[-FS9LV;-FSE?YZ_\
MDD?SC_\  '\P_P#=-N,YS^</_DI/S2_\!#6_^H";.*_\Y)_^LZ_G[_YKCS5_
MW2+K.0?\Y"?^2"_/#_S7_F;_ +I5SGYL\^"N?D9S\L6>J/\ G"C_ -:;_+/_
M +?/_=%OL]&?\XF?^M ^0/\ MZ_]TJ\SVI_S[O\ _6Q/R@_\&#_Q']2SU_\
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M.WF(LJRHR$CZI!N P&>&/^?4%A?6'Y-?F-'?V<]E(_G-F2.>-HV*_HZT%0&
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MRTU#R9K'IV&OV7.\\D^9BM7T[4 M%8T!+0RT"2IW7<4=58>^/^<C/R%\N_\
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MSF]YG_,L^5;[S)9Z#?.?T?;AHO7^MZ&+/X9O3D XF;ET/2F</\]^:[S\MO\
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MI&B@L4#4)H.G3%_^<+H)[;_G&G\MH+F&2WF3],<X9%*,*ZS?$54T(J#7%O\
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M9CL !@:2<#9-S_-G)O-/YD0VOJ6/E]EN+@5634B T:'_ (K!V<^_3YY\0_\
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M=_U*WD?_ *0=2_[R>2[_ *'J_-O_ *EWRA_TB7__ 'D,Z-_T5C_YR*_ZDO\
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M *A)<A_YA_\ * >>/_ ?U/\ ZA9,_,3GY\L_')GY,\[]_P XL_\ K0GY4?\
M;<C_ .3;YVG_ )QU_P#)W?EM_P!M=/\ B#YZ?_YPN_\ 6I_R1_\  CB_Y-29
MZ/\ ^<0__6EOR<_\""+_ )-R9^B+/N/GZL<_3;FS9LV;-FS9LV;-FS9LV;-F
MS9LV;-GY7\_.?GXK\_('G5/R*_\ )W?DY_X''E[_ +J5OG1OR>_\FW^5O_@7
MZ)_U'PYVK_G&S_UHK\@O_-C^5?\ NKVN=?\ ^<>__)^_D?\ ^; \L_\ =5ML
M_29GWJS]<V?J=S9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;/./Y8_^3,\W?\
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M.*1J % '8 =,5AABMXHX((D@AB4+%#&H554=  * #%(HHH(TA@C2&&)0L<2
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M(3_R07YX?^:_\S?]TJYS\V>?!7/R,Y^6+/5'_.%'_K3?Y9_]OG_NBWV>C/\
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M_P Y0_DS^1DJV'GGS/7S!)&LT7E73(C>:@8W^R[QH0L0(W!E=.7[-<X#9_\
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MV?J0_P"<=O\ G*#\G_\ G)_RD/-/Y6^8UNY[54'F'RI><8-7TJ5QM'=VW)B
M34+(A:-Z'BYH:>B]"\Q:7YBM?K.G3\F6GKVS[2QD]F7^(VQ^'6>A</,V;-FS
MQA_SD=_SAGY(_.Q;WS+Y?,'DO\R'5G_344=+/49*;+J$2"I)I3UD',?M"0 +
MG+_._P"6&D^:A+?67#2]<()^M*/W4Y\)E'?_ "AOXUZ9Q3\R?R5T+SP)]3T[
MAHGF8@M]=5?W-RW87"+W/\X^+QY=,+KS3HKFKI2.;^;L?GGQ$_,C\L/._P"4
MWF2X\J^>]"GT75(:M;NPY6]U#4@3VTR_!+&:=5.W0T8$#RGKF@:MY<OGT_5[
M1[6X7="=TD7L\;#9@?;]>>&O,OE;7?*.IR:3K]@]C=)4QL=XY4K0/$XV93XC
MY'?(S-!+ Y25"K=O ^X.0'"?(_B6>J?^<>O^<3?S!_/FZAU2.)O*_P"7\4O&
M^\XW<9*R\6H\=C$2IG<$$$@A%/VFK\)Z#Y+_ "ZUGS?(MPJG3]&5J2ZG(NS4
M-"L2[<S^ [GMG5_RZ_*/S%Y_E2Z53I7EY'I/K,RFCT-&6!#3U&VI7[([FNV#
MK2PENB&^Q%7>0_P\<^Y'Y2?DK^7OY)^7D\O^1=%6T]0*=5UN?C+J%_(HIZES
M/Q!;>I"J BU/%5KGK'RYY6T;RK9"RTBU$?(#ZQ=/1IIF'>1Z"OR&P[#/=GE#
MR1Y=\CZ<-.T&R$/(#ZW?24:XN&'[4LE!7V HH[ 9)[>VBMDX1+3^9CU/S.=7
MR19+<7S9LV;$9)@FP^)O#PR ^:?/EAH0DM+/C?ZJ-C$#^[B/_%C#O_DC?QIG
MS)_YS-_Y^6?EG_SC9'J?DCR']4_,S\YXU:%]%AFY:7HLM" VJ7$1J9$._P!6
MC/,TH[155CSWS7^8&GZ )+.RXZAJPJ#"#^[A/_%C#N/Y1OXTP&S%C5C4YP+4
M]5O]8NGO-1N6N)FV%=E4?RJHV ^6?F,_.'\ZOS-_/KSG>^?/S4\UW?FGS!=U
M2!IB$MK."M5M[.W2D<$2]E114U8U8DGSWJFK:AK5V][J5RUS.VPKLJC^55&P
M'L,;A=G+,+<L L: 5.#+&PO-3N8[.PMWN;F4_!&@K])/0 =R=LG7Y<?EGY]_
M-WS=I?D3\MO*U_YO\UZP_&STFPCYL%! >65S1(HDK5Y)&5$&[,!@RPT^]U2Z
MCL["V>ZN93\$2"NW<D] !W)VP9' %W;=O#L,[MY6_+RSTKT[W5N%_J(HR0]8
M83[ _:(\3MX#OGZ3_P#G#'_GUCY#_)3]%_F%^> L/S*_-.+A<Z=H?#U=!T.4
M4*F..0#ZY<(?]VR+P4_8CY*)3W[RG^7%EI'IWVL<-0U(4:.&E883[ _;8>)V
M\!WQ?.E9]<\Z=FS9LV$7F%-&:P<ZUQ$ KZ3?[L#?\5TWK_F=LX=^?]I^3MQY
M%NI/SD^K1Z+%R_1EQ7CJ"W)7X1IY3]X933H*J1]L<*YY5_YR^T__ )QMO/RH
MU"7_ )R6^HP^68.?Z"O:\=82^*$J-(,=9C.:?94%"/[T&/ED2\YQ^6'TB0^:
M/36U6OU=^DPDIMZ-/BY>PV\=LX1+Z7J2>@6,/(^D7H&X]JTJ*Y\+M4&F#4;X
M:*UT^D">3]&/>JBW)@Y'TS,L99 _&G+B2*],_*-KHT-=:U8>67OI?+HNYOT'
M)JB1)>M:<SZ)N5A9XQ)PIR",17IMGD:X]#UYOJID-MS;ZN90 _"OP\@I(K3K
M3$\ X58CFS9LV=@\FOKK6W^GBNG!?]$::OK>W'Q6GC]&V?7C_G#JZ_/*X\M_
M\[VOJ?E\MN/\*76K%QJIZ<!#4<FMN-:&7?[(CJG3]&?_ #[8O_\ G*R\\D_\
MA9C];\GDLE_Y5]?^83*/,#&JF-;6HY267 FC3FOV!"3'4+Z6_+&3S<]C_N8'
M+10@_1TES7ZQ[<.Y2G=O;CMDXSVQGU%SJV;-FS9LV;-FS9LV;-FS9LV;-FS9
MLV?$;_GX3_Y/FS_\!73O^3]UGR0_YS=_\G+:_P#@.6/_ ">N<_.E_P _3O\
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M &W+3_J&.<6_YP+_ .41\_?]M>V_ZASGF#_GT;_Y+K\W?_ CL?\ J$.></\
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M ,_$_P L]-U2RM]2TZ^O/*T-[874:S0S1N]&22-P592-B"*9ZO\ ^<H/R?\
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MIO(-&65_.OY7S2\M0\B7\Q M^9J\NFSD.;9^I*@&-JGDG*CB<^4_/FK>5W6
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MK'$S[]%\<EWEKR=J?F.02(IM-.4TEOY!L?$1C;D?P\3GN?\ YQ$_YP(_-_\
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MTF>[O^?<O_K2^E_^ _JW_)M<^YV?8'/TCY^@[-FS9LV;-FSE?YZ_^21_./\
M\ ?S#_W3;C.<_G#_ .2D_-+_ ,!#6_\ J FSBO\ SDG_ .LZ_G[_ .:X\U?]
MTBZSD'_.0G_D@OSP_P#-?^9O^Z5<Y^;//@KGY&<_+%GJC_G"C_UIO\L_^WS_
M -T6^ST9_P XF?\ K0/D#_MZ_P#=*O,]J?\ /N__ -;$_*#_ ,&#_P 1_4L]
M?_\ .!7_ *UA^5/_ &_?^Z%J&??C/M)GZ?,_1[FS9LV;-FS9%?/7_*$><?\
MMAZA_P!0TF1SSC_RB/FG_MD7W_4.^0K\RO\ R77G[_P'-5_ZA)<A_P"8?_*
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MQ_-\'YH_\YX:5H5G+#?V'E;6?+?DJV9FY1-)%=))=Q-UIPNKJ:-AX@Y\"/\
MG+3S5!^9/_.;&F:+:2Q7MEY:U?R_Y0MV8\HR\5RCW4;=:<+FYE1A['/MWGUQ
MS]%^???-FS9LV;-FSSC^6/\ Y,SS=_QAO_\ J-BSA'Y??^3 \S?\8KW_ *BX
M\\E_D[_Y.'SU_P 8-3_[J$.>7ORG_P#)K^=/^,.H_P#4=#GH[.[YZTSU#FS9
MLV>;?^<NO+%[YL_YQX_,?3M-B>>]LK2WU6*)*DLFFW4-W/L.O[F-Z#QS@W_.
M3?EZ[\R_D?Y[L;"-I;NTMH=2CC7<E+"XBN9MAU_=1M0>.>1_^<Z_)VH^>/\
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M;4'@>V\T+-Z<AM;BJ"4^OZZHL4U5E W"@L.HSDGYJ?D39?E'_P Y0>4ORO\
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M=@MU$E$'=G0>V?7S/I[GW@S[8YX-_P"?@GGC2-%_)VW\ER7$;Z[YSU2U-K8
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M.G4$TRYBNTT/3+33+N:%Q(GUB/G+(E1M5#+Q85V((.^V?FJ_Y^4^<-#\V_\
M.3^L1Z%?0:C%Y5T/3M"U&ZMI5EC^N0^K<31\EVY1&XX. 3Q92#0@@?GE_P"?
MA?FO1O-/_.1^K1Z+>PW\?EG1M/T6_N;>02Q_6H?5GFCY+MRC,_!A4T8$'<$#
MQQGEG/ F>'<^]7_.$?FC2?,'_./7D_3K&[BEU+RL][IVN6*.#)!(;R>:'FO4
M"2*16!IX@=#GV8_YQ(\Q:9K7Y(>5[&TN8Y+_ ,NM=V.KV:L"\,ANII8N0Z@/
M&ZL#\QVS]-7_ #[I\YZ'YH_YQ7\AZ3IU]!-J_DN34-)\QZ<CAI;:5K^XN(#(
MO4"6"5'!I3J!7B<_19_S@)YNT;S)_P XT>2=+L+V&75?*#W^EZ_IZ.#);RF]
MN)X2Z]0)(9$<&E.H'0YZVSTQGN;/:&;-FS9LV;-GEK_G,OS1IGEO_G'OSW!>
MWL,%]YB@@TK1[-V'J7,L]S%ZBQJ2">$0=SX 5]CYV_YRI\PZ?H/Y(^<8;N[B
MAO-<BAT[2[5R.<\DL\?-8U)%>,89SX ?1GB__GX#YST?RE_SBQ^9=MJ&H06V
MI>:[>VT70+"1AZMW-<7</JI$A(+&.$/(Q'0+7V/D/_G.?S;I/E;_ )QH_,.W
MOK^"WU#S-!;Z1HEE(P]2ZFGNH?46)"06*0AW/@%K['X"9\6,_+_GYO\ /6?_
M #A+YET?RS_SD'Y7EUJ\BT^VUBTOM+M[N=UCC6XN(2859F( ]1T"+XLP&>E?
M^<2M?TOR_P#G;Y>DU:ZCLK?5+:\TZ"YF8)&)YXB8E9FH/C90@\6(&>XO^?=O
MF_0?)_\ SE+Y-F\PW\.EVFO6.I:-:WUS(L4*W=U;DVZ,[$ &5T$:^+,H[Y[+
M_P"<"/-6B>5/^<E?*4NO7T.FVNMV>H:1;7EPZQQ+<W,!,",S$ &1T$:^+,HS
M[VY]F\_3=GZ,<V;-FS9LV;.$?\Y->:-*\J_D/^:-UJMU%;C5O+M_HVGQR, T
MUUJ<#VD4<:]6-9>1 [ D[ G..?\ .0/F'3?+GY-_F)<:E<QP#4M#O=*LD=@&
MEN-0A:VC1!U8UDK0=@3T!SS3_P YA^<M$\E?\XS_ )SWFMWL-H-;\JZGY?TN
M*1PKSWFL6SV,$<2]7;E-R( V4%C102//'_.6'FW1_)__ #CM^;MWK%Y%:C6?
M+.HZ%IL4CA7GN]5MWLX8XUZLW*7D0!LH).P)S\ZV?#+/RBY^8K/1'_.)_F;2
MO*/_ #D+^6FMZW=16.FI>W5E/=SN(XXVU"QN+*-G<[* \ZU)V\2!OG<?^<;-
M?TWRS^=_D'5]6N([2P6[N+2:ZE8)'&U[:3VD;.QV #S"I.WB1USU7_SA#YOT
M3R+_ ,Y3_E!YC\Q7L.G:1'J%[I]Q?7$@BAB?5-.NM/A>20[*HDN%J30 =2!O
MGIK_ )PW\UZ/Y*_YR7_*K7]?O(K#2DOKNPN+V=Q'%$VI:?<V$3.YV51)<+4G
M8=R!OGZ%P00"#4'<$9]O@00"#4'<$9^J0$, 00014$=",_3""" 0:@[@COEY
M>7EYLV;-G-OSA\RZ/Y1_*[S[KNN7D5E96NAWRJTKJAEFD@=(88^1%7D<A5'<
MG(%^:.OZ7Y9_+SSGK&KW4=I:6VCWBJTC!?4EDA=(HDKU>1R%4=R<Y'^?7F_0
M?(OY,_F;YE\QW\.GZ=9>6]216FD6,S7$UM)'!;Q\B.4DTC*B*-RQ SEGYW>:
MM$\E_E'^8OF'7[Z&QL+3R_J"*TKJAEGEMWC@@CY$5DED8(B]R1GYJ,^!F?D+
MS\JV37\M_-G^!/S \E><S$UQ'Y7UNQU*XMTIREBMYTDEC6NU70%1\\EGD/S)
M_@[SMY3\UF-IH_+VK6E_/ E.4D<$RO(@KM5E!&=#_*3SO_RK3\T?R\_,!H7N
M8O)OF+3M7NK2.G.:"TN$DFB6NP+QAE'SR>?E;YR_Y5Y^9/D/ST87N8O*6O:?
MJMS:QTY2PVMPDDL:UVJZ J/GGZ//*'G[R7Y^TVVU?R=YGT[S#9742RHUG.DD
MB!A7C+$#SC8=&5P"#L0#GW=\L>=/*?G2PM]3\K>8+'7+2YC$B-:S([J"*TDC
MKS1AT*L 0=B,_6EY$_,_\O?S.TBSUSR#YQTGS5IU["L\;V%S'+(BL*\9H0?4
MB=>C(ZAE.Q .?J+\E?F/Y$_,;2K36O(_FS3/,UA>0K-&UC<))(BL*\98@?4B
M9>C*ZAE.Q .2_)/D[R:XA=75M902W5Y<Q6EK .4US,ZQQH.E69B /IQ&XN+>
MTADN;J>.VMXAREGE8(BCQ9F( P->7MGIUM->ZA=PV-G;KRN+NXD6*)%Z59W(
M 'S.![N[M+"WEO+ZZALK2!>4]U.ZQQH.E6=B !\SGC3_ )R#_P"<P_R^_+KR
MWJ^D^1_,5EYN_,*[ADMM,ATR1;JUL)7!7ZQ<SIRBK$=Q&&+%@ 0HJP\K?G=_
MSE'Y)\C:#J>F^4-<M/,WG>ZB>WT^+3Y%N+>RD<%?7N)DY1UCZB,$L6H" *D?
M/_\ YRF_YSW_ "M_*CREKNA_EQYJT[SU^:=];RVFCV^CS)>6>F32*5^M7ES'
MRAK"341!B[, K!5JP\,?\Y*_\YO?EK^6/E;6M&_+_P S6'G3\R[V"2UTF#2I
M4N[33I74K]9NKB/E%6$[B(,6+ *P5:L/E?\ \XQP2ZM_SD/^5?KM+<SOYABO
M)I22TC/ 'N&=F-2=TJQ/OGSG_P"<?89-3_/'\N?6:2XF;7([J62I9V:$-.68
MFI.ZU)SXK_\ .'=M-KO_ #E7^2OUEY[RXD\U07]Q,6+RN]L'NFD=C4G>/DQ/
M:N?('_G$ZWFUK_G)K\H/K#37=P_F:&^GE+%I'>W#W+.[&I.Z58GWS]$6?<?/
MU8Y^FW(WYP\SZ5Y+\KZ_YKUJ[BLM,T"QGO;F>9@JTB0L%'BS$!5 W)( W.$/
MFCS#IWE/R]K/F35KF.TT_1;.:[N)I6XK2-"P4>)8B@ W)-!OD2\^><M%_+WR
M9YG\[>8;Z#3](\L:;<:A>7-PP1*01EU05(+,[ *JC=F( J2,B_G;S;I'D3RC
MYC\XZ]>0V&E>7-/N+^[N)V"K2%"P0>+.0%51NQ( W.?F#S\]N?C<S\E>2#RG
MK\_E3S5Y9\TVR>I<^6M5LM5MT!X\GLYTG45[5*8=^6M:F\M^8] \Q6Z\Y] U
M*TU&!*TJ]K,LRBO;=<E'D?S/<^2?.OD_SG9H9+ORCK>GZU:Q@\2TEA<QW*"H
MZ5,8WR2>3/,=QY.\X>5/-UHGJ77E76+'6+:,'CRDL;A+A14=*E.N?I#\A_F=
MY$_,S1[+6O)?F6QUFWO(5F:TBF3ZU 6%3'<6_+U(G7H58?AGWC\F_F#Y.\_Z
M7::MY4U^SU6&ZB64VT<J?68>0J4G@KSC9>X89^MS\L_SB_+7\W]!T_S#^7WF
M_3?,%KJ%ND[6,-Q']=MBPJ8KJUY>I#(O1E<#[M\_4G^77YL_EY^:VB6&O>1/
M->GZ[;7T"3M9PSQ_7+<L*F.YMN7J1.O0JP'W;Y/<F6=,SHN)330VT4D]Q*D$
M$0Y2S2,%10.Y8T Q.66*"-YIY4ABC'*25V"JH\23L,1N+BWM(9+FZGCMK>%>
M4UQ*P1$4=V9B !\\2GG@M89+BYFCMX(5Y2SRL$10.[,U !GDK\\_^<OORR_*
M_0M4M/+OF"Q\X^?)8)(]'T?2Y5NX()V!59;R>(M&BQG<IRYMT"@'D/-'YP?\
MY/\ Y?\ Y>Z/J%MH6MVGFGSE)"Z:7I>GR+<PPS$$+)=31DQHJ'<IRYGI0 \A
MX:_YR1_YSP_)[\F_+6LV/E/S3IWG[\S)K:2+0- T:9+ZVMKE@52;4+F$M%&D
M349H^7J-L H!+KXQ_P"<@_\ G-C\J/RD\O:M9>6/,MAYX_,6:WDBT/0])E2\
MM[>X8%4EOKB(M%&L;?$8^7J-T"@$LOQ\_)0W?F3\^_RON-1G^O7FI^>-)O-3
MN+DEC.QU".>=G-#4O1OF3GR]_*8W.O?G/^7DU_-]<NM0\W:;=:A/.2QF8WL<
MTQ<T-2]#].?!?_G'DWWFW_G)S\F;K5KDZE?ZQ^8VAW^L75V2[7+MJD-Q<-(:
M'DTE&K7J3OGQ&_(8WOFG_G(S\I+G5+@ZA?:MY_T:^U:YNB6:X<ZE%/<-(:'D
MST;KU)S]'N?=W/UIY^HS-FS9LV;-FSSC^6/_ ),SS=_QAO\ _J-BSA'Y??\
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MK?\ ./T7F?4-?\T6FNZQYKAM(;BQT^&1;:U%HTK?#/*5>7D9>\:4IWKMT_\
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M_+;0K.2UT\1RQW-[\"E;=(IO0CF:-?\ BT\@.(&PID(_(SRG_P Y&^3]2L]
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MGYR6:^4_S#UVR\N>5YV6/4P]UID$-PBD$O,FCK)),#U"-1:CHO7(_K'Y<_\
M.9GYIVJ^6O/&L6FA>79F":@'N-/ABG12"6E72P\DH/4(U%J.B]<AWF7\E/\
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MRB P*L RL*,IW!!Q*>""Z@FMKF%+BVN$:*XMY5#HZ..+*RM4$$&A!RB P*L
MRL*,IW!!P-) #NFQ_ESDWFG\MX;KU+[R^JV]QNTFFDA8W/\ Q63LI]NGRSXA
M?\YG?\^E="\WC5?S&_YQ>MK7ROYI8/<ZI^4\DBV^DW[U+,=,E<A;.5MZ1,1
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M?4=1OYDM[&PMHVFFFFD8*D<<: LS,Q   J3CXXY)72*)&DDD8+'&H)9F.P
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ME:-/=.1TPD_Z$7_YR0_ZE&Q_[BUA_P!5L*?^A/OSX_ZEBS_[B=G_ -5<CO\
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MQYJM[XACU(-Q=O0FN1K_ *$7_P"<D/\ J4;'_N+6'_5;"'_H3[\^/^I8L_\
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M?Y5NRPV-T=V8Z7*Y"V[D](7(B/[+1TXMQ7SA^5<5QZNH^656"?=I=))"QO\
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MGSSY_P#Y[_\ .:.FZ$+WRM^44L&LZRO*&[\Y,!+96S;@_5%(*SN#T<_N_ 2
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M#W.2#RQY5\Q>=-:M/+WE71[G7-9OC2WL+5>34'VG8FBHJ]69B% W)&3#R)Y
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M "2>.?G2_P"<K?\ G O\R_\ G'.>]\S:,LWG[\IRY:'S9:1'ZSIR$_#'JL"
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M;-FS9LV0WR__ ,=WS-_QF3^.>./^<?\ _P GG_SDK_VUK+]4N?-3_G#_ /\
M6K/^<W__  (-+_5<9S#R9_REWGO_ )B(O^-LF6>Q\^E>=/S9LV;-FS9LV;-F
MS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV
M;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS
M9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;
M-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9
MLV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-
MFS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9L
MV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-FS9LV;-F
1S9LV;-FS9LV;-FS9LV;/_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>12
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6845448064">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Document and Entity Information - shares<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Mar. 31, 2017</div></th>
<th class="th"><div>Apr. 26, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_DocumentAndEntityInformationAbstract', window );"><strong>Document and Entity Information [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">10-Q<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Mar. 31,  2017<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalYearFocus', window );">Document Fiscal Year Focus</a></td>
<td class="text">2017<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalPeriodFocus', window );">Document Fiscal Period Focus</a></td>
<td class="text">Q1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">DIAMOND HILL INVESTMENT GROUP INC<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000909108<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CurrentFiscalYearEndDate', window );">Current Fiscal Year End Date</a></td>
<td class="text">--12-31<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFilerCategory', window );">Entity Filer Category</a></td>
<td class="text">Accelerated Filer<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCommonStockSharesOutstanding', window );">Entity Common Stock, Shares Outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,441,167<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>If the value is true, then the document is an amendment to previously-filed/accepted document.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CurrentFiscalYearEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>End date of current fiscal year in the format --MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CurrentFiscalYearEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gMonthDayItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalPeriodFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalPeriodFocus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fiscalPeriodItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalYearFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalYearFocus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gYearItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other".</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12b<br> -Subsection 1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCommonStockSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCommonStockSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFilerCategory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFilerCategory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:filerCategoryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12b<br> -Subsection 1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_DocumentAndEntityInformationAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Document and Entity Information [Abstract]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_DocumentAndEntityInformationAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>13
<FILENAME>R2.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6841359712">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidated Balance Sheets - USD ($)<br></strong></div></th>
<th class="th"><div>Mar. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsAbstract', window );"><strong>ASSETS</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents</a></td>
<td class="nump">$ 59,317,703<span></span>
</td>
<td class="nump">$ 57,189,876<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Investments', window );">Investment portfolio</a></td>
<td class="nump">117,424,036<span></span>
</td>
<td class="nump">108,015,635<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsReceivableNet', window );">Accounts receivable</a></td>
<td class="nump">18,854,644<span></span>
</td>
<td class="nump">18,605,209<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PrepaidExpenseCurrentAndNoncurrent', window );">Prepaid expenses</a></td>
<td class="nump">2,362,435<span></span>
</td>
<td class="nump">2,032,726<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxesReceivable', window );">Income taxes receivable</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">1,111,890<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentNet', window );">Property and equipment, net of depreciation</a></td>
<td class="nump">3,689,145<span></span>
</td>
<td class="nump">4,025,758<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsNet', window );">Deferred taxes</a></td>
<td class="nump">9,236,986<span></span>
</td>
<td class="nump">8,736,767<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total assets</a></td>
<td class="nump">210,884,949<span></span>
</td>
<td class="nump">199,717,861<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent', window );">Accounts payable and accrued expenses</a></td>
<td class="nump">6,535,053<span></span>
</td>
<td class="nump">9,787,048<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccruedBonusesCurrent', window );">Accrued incentive compensation</a></td>
<td class="nump">6,487,000<span></span>
</td>
<td class="nump">22,683,500<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent', window );">Deferred compensation</a></td>
<td class="nump">18,683,617<span></span>
</td>
<td class="nump">14,182,470<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TaxesPayableCurrent', window );">Income taxes payable</a></td>
<td class="nump">5,885,599<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Liabilities', window );">Total liabilities</a></td>
<td class="nump">37,591,269<span></span>
</td>
<td class="nump">46,653,018<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RedeemableNoncontrollingInterestEquityCommonFairValue', window );">Redeemable noncontrolling interest</a></td>
<td class="nump">16,218,344<span></span>
</td>
<td class="nump">13,840,688<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityAbstract', window );"><strong>Shareholders&#8217; equity</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockValue', window );">Common stock, no par value 7,000,000 shares authorized; 3,443,013 issued and outstanding at March 31, 2017 (inclusive of 201,750 unvested shares); 3,411,556 issued and outstanding at December 31, 2016 (inclusive of 201,800 unvested shares)</a></td>
<td class="nump">114,459,766<span></span>
</td>
<td class="nump">109,293,803<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockValue', window );">Preferred stock, undesignated, 1,000,000 shares authorized and unissued</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationEquity', window );">Deferred equity compensation</a></td>
<td class="num">(17,799,783)<span></span>
</td>
<td class="num">(17,728,106)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RetainedEarningsAccumulatedDeficit', window );">Retained earnings</a></td>
<td class="nump">60,415,353<span></span>
</td>
<td class="nump">47,658,458<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Total shareholders&#8217; equity</a></td>
<td class="nump">157,075,336<span></span>
</td>
<td class="nump">139,224,155<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAndStockholdersEquity', window );">Total liabilities and shareholders&#8217; equity</a></td>
<td class="nump">$ 210,884,949<span></span>
</td>
<td class="nump">$ 199,717,861<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_BookValuePerShare', window );">Book value per share (usd per share)</a></td>
<td class="nump">$ 45.62<span></span>
</td>
<td class="nump">$ 40.81<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_BookValuePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Book value per share is computed by dividing total shareholders' equity by the number of shares issued and outstanding at the end of the measurement period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_BookValuePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.15(1),(5))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.15)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsReceivableNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For an unclassified balance sheet, the amount due from customers or clients for goods or services that have been delivered or sold in the normal course of business, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(3))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(4))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(9))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(5))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsReceivableNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccruedBonusesCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying value as of the balance sheet date of obligations incurred and payable for incentive compensation awarded to employees and directors or earned by them based on the terms of one or more relevant arrangements. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Current Liabilities<br> -URI http://asc.fasb.org/extlink&amp;oid=6509677<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=28358313&amp;loc=d3e6911-107765<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.20)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=28358313&amp;loc=d3e6935-107765<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccruedBonusesCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(12))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(11))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash<br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=28358313&amp;loc=d3e6676-107765<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3044-108585<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash Equivalents<br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsAtCarryingValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCompensationEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Value of stock issued under share-based plans to employees or officers which is the unearned portion, accounted for under the fair value method.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.30)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 35<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66904339&amp;loc=d3e4534-113899<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredCompensationEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate carrying value as of the balance sheet date of the liabilities for all deferred compensation arrangements. Represents currently earned compensation under compensation arrangements that is not actually paid until a later date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (b),(c)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32537-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxesReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount due within one year of the balance sheet date (or one operating cycle, if longer) from tax authorities as of the balance sheet date representing refunds of overpayments or recoveries based on agreed-upon resolutions of disputes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.5(c))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.3(a)(4))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.10)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxesReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Investments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts as of the balance sheet date of all investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.1(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Investments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Liabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.19-26)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Liabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAndStockholdersEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(23))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(25))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(32))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilitiesAndStockholdersEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PrepaidExpenseCurrentAndNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount as of the balance sheet date of expenditures made in advance of when the economic benefit of the cost will be realized, and which will be expensed in future periods with the passage of time or when a triggering event occurs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.10)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.10)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PrepaidExpenseCurrentAndNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(13))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(14))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(8))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RedeemableNoncontrollingInterestEquityCommonFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value as of the reporting date of noncontrolling interests which are redeemable by the (parent) entity (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the (parent) entity. The noncontrolling interest holder's ownership (or holders' ownership) may be in the form of common shares (regardless of class), limited partnership units (regardless of class), non-preferential membership interests, or any other form of common equity regardless of investee entity legal form.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 480<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3A<br> -Subparagraph (12)(c)<br> -URI http://asc.fasb.org/extlink&amp;oid=65877616&amp;loc=SL6540498-122764<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 480<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3A<br> -Subparagraph (16)(c)<br> -URI http://asc.fasb.org/extlink&amp;oid=65877616&amp;loc=SL6540498-122764<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 480<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3A<br> -Subparagraph 14<br> -URI http://asc.fasb.org/extlink&amp;oid=65877616&amp;loc=SL6540498-122764<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 480<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3A<br> -Subparagraph 15<br> -URI http://asc.fasb.org/extlink&amp;oid=65877616&amp;loc=SL6540498-122764<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RedeemableNoncontrollingInterestEquityCommonFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RetainedEarningsAccumulatedDeficit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cumulative amount of the reporting entity's undistributed earnings or deficit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(23)(a)(4))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(30)(a)(3))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RetainedEarningsAccumulatedDeficit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(30))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SAB Topic 4.E)<br> -URI http://asc.fasb.org/extlink&amp;oid=27010918&amp;loc=d3e74512-122707<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(31))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquityAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TaxesPayableCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.19,20)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TaxesPayableCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>14
<FILENAME>R3.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6841521808">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidated Balance Sheets (Parenthetical) - $ / shares<br></strong></div></th>
<th class="th"><div>Mar. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementOfFinancialPositionAbstract', window );"><strong>Statement of Financial Position [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockNoParValue', window );">Common stock, par value (usd per share)</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesAuthorized', window );">Common stock, shares authorized</a></td>
<td class="nump">7,000,000<span></span>
</td>
<td class="nump">7,000,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Common stock, shares issued</a></td>
<td class="nump">3,443,013<span></span>
</td>
<td class="nump">3,411,556<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesOutstanding', window );">Common stock, shares outstanding</a></td>
<td class="nump">3,443,013<span></span>
</td>
<td class="nump">3,411,556<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesAuthorized', window );">Preferred stock, shares authorized</a></td>
<td class="nump">1,000,000<span></span>
</td>
<td class="nump">1,000,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Preferred stock, shares issued</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesOutstanding', window );">Preferred Stock, shares Outstanding</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber', window );">Unvested shares</a></td>
<td class="nump">201,750<span></span>
</td>
<td class="nump">201,800<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockNoParValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Face amount per share of no-par value common stock.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockNoParValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesAuthorized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maximum number of common shares permitted to be issued by an entity's charter and bylaws.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockSharesAuthorized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockSharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesAuthorized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockSharesAuthorized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockSharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)(i)-(ii)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementOfFinancialPositionAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementOfFinancialPositionAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>15
<FILENAME>R4.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6841279328">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements of Income (unaudited) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">3 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Mar. 31, 2017</div></th>
<th class="th"><div>Mar. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenuesAbstract', window );"><strong>REVENUES:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentAdvisoryFees', window );">Investment advisory</a></td>
<td class="nump">$ 31,833,471<span></span>
</td>
<td class="nump">$ 26,686,785<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_RevenueFromAdministrativeServicesNet', window );">Mutual fund administration, net</a></td>
<td class="nump">3,300,658<span></span>
</td>
<td class="nump">3,770,705<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Total revenue</a></td>
<td class="nump">35,134,129<span></span>
</td>
<td class="nump">30,457,490<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpensesAbstract', window );"><strong>OPERATING EXPENSES:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LaborAndRelatedExpense', window );">Compensation and related costs</a></td>
<td class="nump">13,679,149<span></span>
</td>
<td class="nump">12,398,708<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GeneralAndAdministrativeExpense', window );">General and administrative</a></td>
<td class="nump">3,488,115<span></span>
</td>
<td class="nump">2,485,161<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SellingAndMarketingExpense', window );">Sales and marketing</a></td>
<td class="nump">1,129,719<span></span>
</td>
<td class="nump">993,122<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetManagementCosts', window );">Mutual fund administration</a></td>
<td class="nump">1,000,616<span></span>
</td>
<td class="nump">876,066<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpenses', window );">Total operating expenses</a></td>
<td class="nump">19,297,599<span></span>
</td>
<td class="nump">16,753,057<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingIncomeLoss', window );">NET OPERATING INCOME</a></td>
<td class="nump">15,836,530<span></span>
</td>
<td class="nump">13,704,433<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentIncomeNet', window );">Investment income, net</a></td>
<td class="nump">3,786,188<span></span>
</td>
<td class="nump">747,222<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments', window );">INCOME BEFORE TAXES</a></td>
<td class="nump">19,622,718<span></span>
</td>
<td class="nump">14,451,655<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Income tax expense</a></td>
<td class="num">(6,497,270)<span></span>
</td>
<td class="num">(5,171,776)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProfitLoss', window );">NET INCOME</a></td>
<td class="nump">13,125,448<span></span>
</td>
<td class="nump">9,279,879<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest', window );">Less: Net income attributable to redeemable noncontrolling interest</a></td>
<td class="num">(368,553)<span></span>
</td>
<td class="num">(14,216)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS</a></td>
<td class="nump">$ 12,756,895<span></span>
</td>
<td class="nump">$ 9,265,663<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareAbstract', window );"><strong>Earnings per share attributable to common shareholders</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasic', window );">Basic (USD per share)</a></td>
<td class="nump">$ 3.72<span></span>
</td>
<td class="nump">$ 2.73<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareDiluted', window );">Diluted (USD per share)</a></td>
<td class="nump">$ 3.71<span></span>
</td>
<td class="nump">$ 2.73<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract', window );"><strong>Weighted average shares outstanding</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic', window );">Basic (in shares)</a></td>
<td class="nump">3,428,888<span></span>
</td>
<td class="nump">3,388,743<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding', window );">Diluted (in shares)</a></td>
<td class="nump">3,435,329<span></span>
</td>
<td class="nump">3,393,396<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_RevenueFromAdministrativeServicesNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Revenue from administrative services net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_RevenueFromAdministrativeServicesNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetManagementCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate costs related to asset management during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.2(d))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssetManagementCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 55<br> -Paragraph 52<br> -URI http://asc.fasb.org/extlink&amp;oid=65016374&amp;loc=d3e4984-109258<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(19))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1252-109256<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(21))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(23))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareDiluted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(19))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1252-109256<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(21))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(23))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareDiluted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GeneralAndAdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GeneralAndAdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(h)(1)(i))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a),(b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32639-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Income Tax Expense (or Benefit)<br> -URI http://asc.fasb.org/extlink&amp;oid=6515339<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentAdvisoryFees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of fees earned from providing investment advice and research to customers.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04.13(a),(d))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentAdvisoryFees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentIncomeNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after accretion (amortization) of discount (premium), and investment expense, of interest income and dividend income on nonoperating securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.8)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.7(a),(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.9)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentIncomeNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LaborAndRelatedExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount of expenditures for salaries, wages, profit sharing and incentive compensation, and other employee benefits, including equity-based compensation, and pension and other postretirement benefit expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LaborAndRelatedExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Net Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831255<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(18))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Other Comprehensive Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831270<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(20))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of Net Income (Loss) attributable to noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 55<br> -Paragraph 4J<br> -URI http://asc.fasb.org/extlink&amp;oid=65897068&amp;loc=SL4591551-111686<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1A<br> -Subparagraph (a)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=64809438&amp;loc=SL4573702-111684<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLossAttributableToNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingExpensesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingExpensesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The net result for the period of deducting operating expenses from operating revenues.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 55<br> -Paragraph 4K<br> -URI http://asc.fasb.org/extlink&amp;oid=65897068&amp;loc=SL4591552-111686<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 19<br> -URI http://asc.fasb.org/extlink&amp;oid=68079674&amp;loc=SL4569616-111683<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1A<br> -Subparagraph (c)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=64809438&amp;loc=SL4573702-111684<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 55<br> -Paragraph 4J<br> -URI http://asc.fasb.org/extlink&amp;oid=65897068&amp;loc=SL4591551-111686<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1A<br> -Subparagraph (a)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=64809438&amp;loc=SL4573702-111684<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Revenues">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Revenues</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RevenuesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RevenuesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SellingAndMarketingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate total amount of expenses directly related to the marketing or selling of products or services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SellingAndMarketingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 16<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1505-109256<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1448-109256<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Weighted-Average Number of Common Shares Outstanding<br> -URI http://asc.fasb.org/extlink&amp;oid=6528421<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>16
<FILENAME>R5.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6847370208">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidated Statements of Shareholders&#8217; Equity and Redeemable Noncontrolling Interest (unaudited) - 3 months ended Mar. 31, 2017 - USD ($)<br></strong></div></th>
<th class="th"><div>Total</div></th>
<th class="th"><div>Common Stock</div></th>
<th class="th"><div>Deferred Equity Compensation</div></th>
<th class="th"><div>Retained Earnings</div></th>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesOutstanding', window );">Beginning balance (shares) at Dec. 31, 2016</a></td>
<td class="nump">3,411,556<span></span>
</td>
<td class="nump">3,411,556<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Beginning Balance at Dec. 31, 2016</a></td>
<td class="nump">$ 139,224,155<span></span>
</td>
<td class="nump">$ 109,293,803<span></span>
</td>
<td class="num">$ (17,728,106)<span></span>
</td>
<td class="nump">$ 47,658,458<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward', window );"><strong>Increase (Decrease) in Stockholders' Equity [Roll Forward]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross', window );">Issuance of restricted stock grants (shares)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">15,200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross', window );">Issuance of restricted stock grants</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">$ 1,735,326<span></span>
</td>
<td class="num">(1,735,326)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_AmortizationOfRestrictedStockGrants', window );">Amortization of restricted stock grants</a></td>
<td class="nump">1,578,824<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,578,824<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod', window );">Issuance of stock grants (shares)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">19,219<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation', window );">Issuance of stock grants</a></td>
<td class="nump">3,892,424<span></span>
</td>
<td class="nump">$ 3,892,424<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesNewIssues', window );">Issuance of common stock related to 401k plan match (shares)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,076<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueNewIssues', window );">Issuance of common stock related to 401k plan match</a></td>
<td class="nump">419,958<span></span>
</td>
<td class="nump">$ 419,958<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation', window );">Shares withheld related to employee tax withholding (shares)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(3,788)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation', window );">Shares withheld related to employee tax withholding</a></td>
<td class="num">(796,920)<span></span>
</td>
<td class="num">$ (796,920)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited', window );">Forfeiture of restricted stock grants (shares)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,250)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures', window );">Forfeiture of restricted stock grants</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">$ (84,825)<span></span>
</td>
<td class="nump">84,825<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net Income (Loss) Attributable to Parent</a></td>
<td class="nump">$ 12,756,895<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">12,756,895<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesOutstanding', window );">Ending balance (shares) at Mar. 31, 2017</a></td>
<td class="nump">3,443,013<span></span>
</td>
<td class="nump">3,443,013<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Ending Balance at Mar. 31, 2017</a></td>
<td class="nump">$ 157,075,336<span></span>
</td>
<td class="nump">$ 114,459,766<span></span>
</td>
<td class="num">$ (17,799,783)<span></span>
</td>
<td class="nump">$ 60,415,353<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount', window );">Beginning balance attributable to redeemable noncontrolling Interests at Dec. 31, 2016</a></td>
<td class="nump">13,840,688<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward', window );"><strong>Increase (Decrease) in Temporary Equity [Roll Forward]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest', window );">Net Income Attributable to Redeemable Noncontrolling Interest</a></td>
<td class="nump">368,553<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest', window );">Net subscriptions of consolidated funds</a></td>
<td class="nump">2,009,103<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount', window );">Ending balance attributable to redeemable noncontrolling Interests at Mar. 31, 2017</a></td>
<td class="nump">$ 16,218,344<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_AmortizationOfRestrictedStockGrants">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amortization of restricted stock grants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_AmortizationOfRestrictedStockGrants</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A positive value represents subscriptions net of redemptions and distributions to redeemable non-controlling interest holders.  A negative value represents redemptions and distributions paid to redeemable non-controlling interest holders net of subscriptions received.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_SubscriptionFromRedemptionDistributionToNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of adjustment to stockholders' equity associated with an employee's income tax withholding obligation as part of a net-share settlement of a share-based award.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInStockholdersEquityRollForward</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInTemporaryEquityRollForward">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInTemporaryEquityRollForward</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Net Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831255<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(18))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Other Comprehensive Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831270<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(20))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of Net Income (Loss) attributable to redeemable noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.19)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>As of the reporting date, the aggregate carrying amount of all noncontrolling interests which are redeemable by the (parent) entity (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the (parent) entity. This item includes noncontrolling interest holder's ownership (or holders' ownership) regardless of the type of equity interest (common, preferred, other) including all potential organizational (legal) forms of the investee entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 480<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3A<br> -Subparagraph (12)(c)<br> -URI http://asc.fasb.org/extlink&amp;oid=65877616&amp;loc=SL6540498-122764<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 480<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3A<br> -Subparagraph (16)(c)<br> -URI http://asc.fasb.org/extlink&amp;oid=65877616&amp;loc=SL6540498-122764<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 480<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3A<br> -Subparagraph 15<br> -URI http://asc.fasb.org/extlink&amp;oid=65877616&amp;loc=SL6540498-122764<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 480<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3A<br> -Subparagraph 14<br> -URI http://asc.fasb.org/extlink&amp;oid=65877616&amp;loc=SL6540498-122764<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)(iii)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For net-share settlement of share-based awards when the employer settles employees' income tax withholding obligations, this element represents the number of shares the employees use to repay the employer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodSharesNewIssues">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of new stock issued during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodSharesNewIssues</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of shares related to Restricted Stock Award forfeited during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total number of shares issued during the period, including shares forfeited, as a result of Restricted Stock Awards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodValueNewIssues">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodValueNewIssues</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Value of stock related to Restricted Stock Awards forfeited during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate value of stock related to Restricted Stock Awards issued during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Value of stock (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of stock value of such awards forfeited. Stock issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5047-113901<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (d)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(30))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SAB Topic 4.E)<br> -URI http://asc.fasb.org/extlink&amp;oid=27010918&amp;loc=d3e74512-122707<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(31))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_DeferredCompensationShareBasedPaymentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_DeferredCompensationShareBasedPaymentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_RetainedEarningsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_RetainedEarningsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>17
<FILENAME>R6.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6847253008">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements of Cash Flows (unaudited) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">3 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Mar. 31, 2017</div></th>
<th class="th"><div>Mar. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract', window );"><strong>CASH FLOWS FROM OPERATING ACTIVITIES:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProfitLoss', window );">Net Income</a></td>
<td class="nump">$ 13,125,448<span></span>
</td>
<td class="nump">$ 9,279,879<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract', window );"><strong>Adjustments to reconcile net income to net cash provided by (used in) operating activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Depreciation', window );">Depreciation</a></td>
<td class="nump">217,748<span></span>
</td>
<td class="nump">162,378<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensation', window );">Share-based compensation</a></td>
<td class="nump">1,998,782<span></span>
</td>
<td class="nump">2,067,099<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInAccountsReceivable', window );">(Increase)/decrease in accounts receivable</a></td>
<td class="num">(249,435)<span></span>
</td>
<td class="nump">1,865,257<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable', window );">Change in current income taxes</a></td>
<td class="nump">6,997,489<span></span>
</td>
<td class="nump">937,839<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes', window );">Change in deferred income taxes</a></td>
<td class="num">(500,219)<span></span>
</td>
<td class="num">(155,206)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnInvestments', window );">Net gains on investments</a></td>
<td class="num">(3,392,620)<span></span>
</td>
<td class="num">(703,399)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInTradingSecurities', window );">Net change in trading securities held by Consolidated Funds</a></td>
<td class="num">(1,310,800)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities', window );">Decrease in accrued incentive compensation</a></td>
<td class="num">(12,304,076)<span></span>
</td>
<td class="num">(13,478,069)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInDeferredCompensation', window );">Increase in deferred compensation</a></td>
<td class="nump">4,501,147<span></span>
</td>
<td class="nump">2,283,490<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities', window );">Excess income tax benefit from share-based compensation</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(4,303,621)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities', window );">Income tax benefit from dividends paid on restricted stock</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(925,000)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet', window );">Other changes in assets and liabilities</a></td>
<td class="num">(1,832,863)<span></span>
</td>
<td class="num">(1,056,871)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivities', window );">Net cash provided by (used in) operating activities</a></td>
<td class="nump">7,250,601<span></span>
</td>
<td class="num">(4,026,224)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract', window );"><strong>CASH FLOWS FROM INVESTING ACTIVITIES:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment', window );">Purchase of property and equipment</a></td>
<td class="num">(67,315)<span></span>
</td>
<td class="num">(106,654)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireInvestments', window );">Purchase of Company sponsored investments</a></td>
<td class="num">(6,060,665)<span></span>
</td>
<td class="num">(6,133,800)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments', window );">Proceeds from sale of Company sponsored investments</a></td>
<td class="nump">1,124,308<span></span>
</td>
<td class="nump">6,500,000<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivities', window );">Net cash provided by (used in) investing activities</a></td>
<td class="num">(5,003,672)<span></span>
</td>
<td class="nump">259,546<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract', window );"><strong>CASH FLOWS FROM FINANCING ACTIVITIES:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation', window );">Value of shares withheld related to employee tax withholding</a></td>
<td class="num">(796,920)<span></span>
</td>
<td class="num">(8,774,006)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities', window );">Excess income tax benefit from share-based compensation</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">4,303,621<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities', window );">Income tax benefit from dividends paid on restricted stock</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">925,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromPaymentsToMinorityShareholders', window );">Net subscriptions received from (redemptions and distributions paid to) redeemable noncontrolling interest holders</a></td>
<td class="nump">677,818<span></span>
</td>
<td class="num">(825,060)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivities', window );">Net cash used in financing activities</a></td>
<td class="num">(119,102)<span></span>
</td>
<td class="num">(4,370,445)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract', window );"><strong>CASH AND CASH EQUIVALENTS</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease', window );">Net change during the period</a></td>
<td class="nump">2,127,827<span></span>
</td>
<td class="num">(8,137,123)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">At beginning of period</a></td>
<td class="nump">57,189,876<span></span>
</td>
<td class="nump">57,474,777<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">At end of period</a></td>
<td class="nump">59,317,703<span></span>
</td>
<td class="nump">49,337,654<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SupplementalCashFlowInformationAbstract', window );"><strong>Supplemental cash flow information:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxesPaid', window );">Income taxes paid</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">4,389,143<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract', window );"><strong>Supplemental disclosure of non-cash transactions:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation', window );">Common stock issued as incentive compensation</a></td>
<td class="nump">3,892,424<span></span>
</td>
<td class="nump">3,879,431<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_ContributionofInvestmentsandPropertyandEquipment', window );">Charitable donation of corporate investments and property and equipment</a></td>
<td class="nump">1,748,841<span></span>
</td>
<td class="nump">1,729,735<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification', window );">Cumulative-effect adjustment from the adoption of ASU 2015-02 (Note 2)</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">4,031,756<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_NetissuanceofETFsharesformarketablesecurities', window );">Net issuance (redemption) of ETF shares for marketable securities</a></td>
<td class="nump">$ 1,351,436<span></span>
</td>
<td class="nump">$ 1,077,565<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_ContributionofInvestmentsandPropertyandEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Value of investments and property and equipment contributed in noncash investing and financing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_ContributionofInvestmentsandPropertyandEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Income tax benefit from dividends paid on restricted stock.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Income tax benefit from dividends paid on restricted stock.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_IncomeTaxBenefitFromDividendsPaidOnRestrictedStockOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_NetissuanceofETFsharesformarketablesecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Value of ETF shares issued in exchange for marketable securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_NetissuanceofETFsharesformarketablesecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash<br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=28358313&amp;loc=d3e6676-107765<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3044-108585<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash Equivalents<br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsAtCarryingValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3521-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 230<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=49171198&amp;loc=d3e33268-110906<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Depreciation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Depreciation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow from realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 20<br> -Section 55<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=65896087&amp;loc=d3e11374-113907<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash outflow for realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 20<br> -Section 55<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=65896087&amp;loc=d3e11374-113907<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the net total realized and unrealized gain (loss) included in earnings for the period as a result of selling or holding marketable securities categorized as trading, available-for-sale, or held-to-maturity, including the unrealized holding gain (loss) of held-to-maturity securities transferred to the trading security category and the cumulative unrealized gain (loss) which was included in other comprehensive income (a separate component of shareholders' equity) for available-for-sale securities transferred to trading securities during the period. Additionally, this item would include any gains (losses) realized during the period from the sale of investments accounted for under the cost method of accounting and losses recognized for other than temporary impairments (OTTI) of the subject investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (c)-(e)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27357-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.7(c),9(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 10<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27405-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainLossOnInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxesPaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4297-108586<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3536-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxesPaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccountsReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInAccountsReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the period in the amount due for taxes based on the reporting entity's earnings or attributable to the entity's income earning process (business presence) within a given jurisdiction.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInDeferredCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in the obligation created by employee agreements whereby earned compensation will be paid in the future.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInDeferredCompensation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in the account that represents the temporary difference that results from Income or Loss that is recognized for accounting purposes but not for tax purposes and vice versa.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInDeferredIncomeTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in the aggregate amount of obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) in operating assets after deduction of operating liabilities classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInTradingSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) in the fair value of equity or debt securities classified as trading.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 19<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3444-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInTradingSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3521-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 26<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3574-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3521-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 26<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3574-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3521-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3536-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the quantification of the effect of adopting the new accounting standard or change in accounting principle expected by the entity to have a significant effect on the entity's financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash outflow to satisfy an employee's income tax withholding obligation as part of a net-share settlement of a share-based award.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3291-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquireInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow associated with the purchase of all investments (debt, security, other) during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Investing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3213-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsToAcquireInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Investing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 13<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3213-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsToAcquirePropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromPaymentsToMinorityShareholders">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow (outflow) from (to) a noncontrolling interest. Excludes dividends paid to the noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3291-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromPaymentsToMinorityShareholders</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow associated with the sale, maturity and collection of all investments such as debt, security and so forth during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Investing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3179-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 55<br> -Paragraph 4K<br> -URI http://asc.fasb.org/extlink&amp;oid=65897068&amp;loc=SL4591552-111686<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 19<br> -URI http://asc.fasb.org/extlink&amp;oid=68079674&amp;loc=SL4569616-111683<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1A<br> -Subparagraph (c)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=64809438&amp;loc=SL4573702-111684<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 55<br> -Paragraph 4J<br> -URI http://asc.fasb.org/extlink&amp;oid=65897068&amp;loc=SL4591551-111686<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1A<br> -Subparagraph (a)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=64809438&amp;loc=SL4573702-111684<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Value of stock (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of stock value of such awards forfeited. Stock issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5047-113901<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (d)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SupplementalCashFlowInformationAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SupplementalCashFlowInformationAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>18
<FILENAME>R7.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6837527632">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Business and Organization<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
</tr>
<tr><th class="th"><div>Mar. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract', window );"><strong>Organization, Consolidation and Presentation of Financial Statements [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock', window );">Business and Organization</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Business and Organization</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diamond Hill Investment Group, Inc. (the "Company"), an Ohio corporation, derives its consolidated revenues and net income from investment advisory and fund administration services. </font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diamond Hill Capital Management, Inc. ("DHCM"), an Ohio corporation, is a wholly owned subsidiary of the Company and a registered investment adviser. DHCM is the investment adviser to the Diamond Hill Funds (the "Funds"), a series of open-end mutual funds, private investment funds ("Private Funds"), an exchange traded fund (the "ETF"), and other institutional accounts. In addition, DHCM is administrator for the Funds.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Beacon Hill Fund Services, Inc. (&#8220;BHFS&#8221;) and BHIL Distributors, Inc. (&#8220;BHIL&#8221;), collectively operated as "Beacon Hill," were operating subsidiaries of the Company. The Company sold Beacon Hill on July 31, 2016. Prior to the sale, Beacon Hill provided compliance, treasury, underwriting and other fund administration services to investment advisers and mutual funds.</font></div></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 10<br> -Section 45<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=35735333&amp;loc=d3e288-107754<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 272<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6373374&amp;loc=d3e70478-108055<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=64809438&amp;loc=d3e5614-111684<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6359566&amp;loc=d3e326-107755<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>19
<FILENAME>R8.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6837533920">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Significant Accounting Policies<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
</tr>
<tr><th class="th"><div>Mar. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountingPoliciesAbstract', window );"><strong>Accounting Policies [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SignificantAccountingPoliciesTextBlock', window );">Significant Accounting Policies</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Significant Accounting Policies</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Basis of Presentation</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited condensed consolidated financial statements as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, and for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> month periods ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, for Diamond Hill Investment Group, Inc. and its subsidiaries (referred to in these notes to the condensed consolidated financial statements as "the Company," "management," "we," "us," and "our") have been prepared in accordance with United States generally accepted accounting principles ("GAAP") and with the instructions to Form 10-Q and Article 10 of the Securities and Exchange Commission ("SEC") Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements.  In the opinion of management, all adjustments, consisting of normal recurring accruals, considered necessary for a fair statement of the financial condition and results of operations at the dates and for the interim periods presented, have been included.  The results of operations for any interim period are not necessarily indicative of the results of operations to be expected for any full fiscal year.  These unaudited condensed consolidated financial statements and footnotes should be read in conjunction with the audited consolidated financial statements of the Company included in the Company's Annual Report on Form 10-K for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> ("</font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> Annual Report") as filed with the SEC.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Use of Estimates</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the condensed consolidated financial statements in conformity with GAAP requires management of the Company to make estimates and assumptions related to the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period.  Actual results could differ from those estimates.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Reclassification</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts and disclosures may have been reclassified to conform to the current period's financial presentation.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Principles of Consolidation</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying consolidated financial statements include the operations of the Company and its controlled subsidiaries.  All  inter-company transactions and balances have been eliminated in consolidation.  </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company holds certain investments in the Funds and the ETF we advise for general corporate investment purposes and to provide seed capital for newly formed strategies or to add capital to existing strategies.  The Funds are organized in a series fund structure in which there are multiple mutual funds within one Trust.  The Trust is an open-end investment company registered under the Investment Company Act of 1940, as amended (the"1940 Act").  The ETF we advise is an individual series of ETF Series Solutions which is also an open-end investment company registered under the 1940 Act.  Each of the individual mutual funds and the ETF represent a separate share class of a legal entity organized under the Trust.  As of January 1, 2016, the Company adopted </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">ASU 2015-02 - Consolidation (Topic 810): Amendments to the Consolidation Analysis ("ASU 2015-02") </font><font style="font-family:inherit;font-size:10pt;">and we have performed our analysis at the individual mutual fund and ETF level and have concluded the mutual funds and ETF are voting rights entities ("VREs").  The Company has concluded that the mutual funds and the ETF are VREs because the structure of the investment product is such that the shareholders are deemed to have the power through voting rights to direct the activities that most significantly impact the entity's economic performance.  To the extent material, these investment products are consolidated if Company ownership, directly or indirectly, represents a majority interest (greater than 50%).  The Company records redeemable noncontrolling interests in consolidated investments for which the Company's ownership is less than 100%.  The Company has consolidated the ETF and one of our individual mutual funds (collectively the "Consolidated Funds") as our ownership was greater than 50% in each.  </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM is the managing member of Diamond Hill General Partner, LLC (the &#8220;General Partner&#8221;), the general partner of Diamond Hill Investment Partners, L.P. (&#8220;DHIP&#8221;), Diamond Hill Global Fund, L.P. ("DHGF"), and Diamond Hill International Equity Fund, L.P. ("DHIEF"), each a limited partnership (collectively, the "Partnerships" or &#8220;LPs&#8221;) whose underlying assets consist primarily of marketable securities.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM is wholly owned by the Company and is consolidated by us.  Further, DHCM, through its control of the General Partner, has the power to direct each LP&#8217;s economic activities and the right to receive investment advisory fees that may be significant to the LPs.  </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company concluded we did not have a variable interest in DHIP as the fees paid to the General Partner are considered to contain customary terms and conditions as found in the market for similar products and the Company has no equity ownership in DHIP.  </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company concluded DHGF and DHIEF were variable interest entities ("VIEs") as DHCM has disproportionately less voting interests than economic interests in each LP, yet the limited partners have full power to remove the Company as the General Partner due to the existence of substantive kick-out rights.  In addition, substantially all of the LPs' activities are conducted on behalf of the General Partner which has disproportionately few voting rights.  The Company concluded we are not the primary beneficiary of DHGF or DHIEF  as we lack the power to control the entities due to the existence of single-party kick-out rights where the limited partners have the unilateral ability to remove the General Partner without cause. DHCM&#8217;s investment in DHGF and DHIEF is reported as a component of the Company&#8217;s investment portfolio, valued at DHCM&#8217;s proportionate interest in the net asset value ("NAV") of each LP. </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The LPs are not subject to lock-up periods and can be redeemed on demand. Gains and losses attributable to changes in the value of DHCM&#8217;s interests in the LPs are included in the Company&#8217;s reported investment income. The Company&#8217;s exposure to loss as a result of its involvement with the LPs is limited to the amount of its investments. DHCM is not obligated to provide, and has not provided, financial or other support to the LPs, other than its investments to date and its contractually provided investment advisory responsibilities. The Company has not provided liquidity arrangements, guarantees or other commitments to support the LPs&#8217; operations, and the LPs&#8217; creditors and interest holders have no recourse to the general credit of the Company.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain board members, officers and employees of the Company invest in the LPs and are not subject to a management fee or an incentive fee. These individuals receive no remuneration as a result of their personal investment in the LPs. The capital of the General Partner is not subject to a management fee or an incentive fee.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Redeemable Noncontrolling Interest</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Redeemable noncontrolling interest represents third-party interests in the Consolidated Funds.  This interest is redeemable at the option of the investors and therefore is not treated as permanent equity.  Redeemable noncontrolling interest is remeasured at redemption value which approximates the fair value each reporting period.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Segment Information</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Management has determined that the Company operates in </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> business segment, providing investment management and administration services to mutual funds, institutional accounts, and private investment funds. Therefore, no disclosures relating to operating segments are presented in the Company's annual or interim financial statements.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Cash and Cash Equivalents</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash and cash equivalents include demand deposits and money market mutual funds.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Accounts Receivable</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable are recorded when they are due and are presented on the balance sheet net of any allowance for doubtful accounts. Accounts receivable are written off when they are determined to be uncollectible. Any allowance for doubtful accounts is estimated based on the Company&#8217;s historical losses, existing conditions in the industry, and the financial stability of those individuals or entities that owe the receivable.  </font><font style="font-family:inherit;font-size:10pt;">No</font><font style="font-family:inherit;font-size:10pt;"> allowance for doubtful accounts was deemed necessary at </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> or </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">.  Accounts receivable from the Funds were </font><font style="font-family:inherit;font-size:10pt;">$10.9 million</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$10.4 million</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Investments</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Management determines the appropriate classification of its investments at the time of purchase and re-evaluates its determination at each reporting period.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investments classified as trading represent investments in the Funds we advise where the Company has neither control nor the ability to exercise significant influence as well as securities held in the Consolidated Funds.  These investments are measured at fair value based on quoted market prices.  Unrealized gains and losses are recorded as investment income (loss) in the Company's consolidated statements of income.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investments classified as equity method investments represent investments in which the Company owns between 20-50% of the outstanding voting interests in the entity or when it is determined that the Company is able to exercise significant influence but not control over the investments.  When using the equity method, the Company recognizes its respective share of the investee's net income or loss for the period which is recorded as investment income in the Company's consolidated statements of income.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Valuation of Investment Portfolio</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounting Standards Codification Topic 820, Fair Value Measurement ("ASC 820") specifies a hierarchy of valuation classifications based on whether the inputs to the valuation techniques used in each valuation classification are observable or unobservable.  These classifications are summarized in the three broad levels listed below:</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 1 - Unadjusted quoted prices for identical instruments in active markets.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 2 - Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-driven valuations in which all significant inputs are observable.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 3 - Valuations derived from techniques in which significant inputs are unobservable.  </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Inputs used to measure fair value might fall in different levels of the fair value hierarchy, in which case the Company defaults to the lowest level input that is significant to the fair value measurement in its entirety.  These levels are not necessarily an indication of the risk or liquidity associated with investments. The following table summarizes our investments that are recognized in our consolidated balance sheet using fair value measurements determined based upon the differing levels of inputs as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td style="width:52%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Level 1</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Level 2</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Level 3</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash equivalents </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">58,101,003</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">58,101,003</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Trading Investments</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;&#160;Securities held in Consolidated Funds</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(a) </sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19,273,313</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,179,502</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,452,815</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;&#160;Company sponsored investments</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,459,664</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,459,664</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred compensation investments</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,683,617</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,683,617</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(a) Of the equity interests in the Consolidated Funds as of </font><font style="font-family:inherit;font-size:9pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:9pt;">, </font><font style="font-family:inherit;font-size:9pt;">$43.9 million</font><font style="font-family:inherit;font-size:9pt;"> were held directly by the Company and </font><font style="font-family:inherit;font-size:9pt;">$17.6 million</font><font style="font-family:inherit;font-size:9pt;"> were held by noncontrolling shareholders.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 1 investments are all registered investment companies (mutual funds) or equity securities held in the Consolidated Funds and include, as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$58.1 million</font><font style="font-family:inherit;font-size:10pt;"> of investments in money market mutual funds that the Company classifies as cash equivalents. </font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 2 investments are comprised of investments in debt securities, which are valued by an independent pricing service using pricing techniques which take into account factors such as trading activity, readily available market quotations, yield, quality, coupon rate, maturity, type of issue, trading characteristics, call features, credit rates and other observable inputs. </font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company determines transfers between fair value hierarchy levels at the end of the reporting period. There were </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> transfers in or out of the levels during the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Changes in fair values of the investments are recorded in the Company's consolidated statements of income as investment income (loss).</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Property and Equipment</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property and equipment, consisting of leasehold improvements, computer equipment, furniture, and fixtures, are carried at cost less accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated lives of the assets.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Revenue Recognition &#8211; General</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company earns substantially all of its revenue from investment advisory and fund administration services. Investment advisory and administration fees, generally calculated as a percentage of assets under management ("AUM"), are recorded as revenue as services are performed. In addition to fixed fees based on a percentage of AUM, certain client accounts also provide periodic variable fees. Investment advisory revenue from the Funds was </font><font style="font-family:inherit;font-size:10pt;">$24.9 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$20.3 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">three months ended March 31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Revenue Recognition &#8211; Variable Fees</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company manages certain client accounts that provide for variable fees. These fees are calculated based on client investment results over rolling </font><font style="font-family:inherit;font-size:10pt;">five</font><font style="font-family:inherit;font-size:10pt;">-year periods.  The Company records variable fees at the end of the contract measurement period.  No variable fees were earned during the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> or </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">. The table below shows AUM subject to variable fees and the amount of variable fees that would be recognized based upon current investment results as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:58%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">As of March&#160;31, 2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">AUM subject to variable fees</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Unearned variable fees</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contractual Period Ends:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended December 31, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100,372,212</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">650,510</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended September 30, 2019</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,309,551</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">481,397</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended March 31, 2020</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,957,815</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended September 30, 2021</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">246,450,605</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">860,314</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">391,090,183</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,992,221</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The contractual end dates highlight the time remaining until the variable fees are scheduled to be earned.  The amount of variable fees that would be recognized based upon investment results as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> will increase or decrease based on future client investment results through the contractual period end.  There can be no assurance that the unearned amounts will ultimately be earned.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Revenue Recognition &#8211; Mutual Fund Administration</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM has an administrative and transfer agency services agreement with the Funds under which DHCM performs certain services for each Fund. These services include mutual fund administration, fund accounting, transfer agency and other related functions. For performing these services each Fund pays DHCM a fee, which is calculated using an annual rate times the average daily net assets of each respective share class. </font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Funds have selected and contractually engaged certain vendors to fulfill various services to benefit the Funds&#8217; shareholders or to satisfy regulatory requirements of the Funds. These services include, among others, required shareholder mailings, federal and state registrations, and legal and audit services. DHCM, in fulfilling a portion of its role under the administration agreement with the Funds, acts as agent to pay these obligations of the Funds. Each vendor is independently responsible for fulfillment of the services it has been engaged to provide and negotiates fees and terms with the management and board of trustees of the Funds. The fee that each Fund pays to DHCM is reviewed annually by the Funds&#8217; board of trustees and specifically takes into account the contractual expenses that DHCM pays on behalf of the Funds. As a result, DHCM is not involved in the delivery or pricing of these services and bears no risk related to these services. Revenue has been recorded net of these Fund related expenses, in accordance with FASB ASC 605-45, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue Recognition &#8211; Principal Agent Considerations</font><font style="font-family:inherit;font-size:10pt;">. In addition, DHCM advances the upfront commissions that are paid to brokers who sell Class C shares of the Funds.  These advances are capitalized and amortized over </font><font style="font-family:inherit;font-size:10pt;">12 months</font><font style="font-family:inherit;font-size:10pt;"> to correspond with the repayments DHCM receives from the principal underwriter to recoup this commission advancement.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior to the sale of Beacon Hill, the Company, through Beacon Hill, had underwriting and administrative service agreements with certain clients, including registered mutual funds. The fee arrangements varied from client to client based upon services provided and have been recorded as revenue under mutual fund administration on the Company's consolidated statements of income. Part of Beacon Hill&#8217;s role as underwriter was to act as an agent on behalf of its mutual fund clients to receive 12b-1/service fees and commission revenue and facilitate the payment of those fees and commissions to third parties who provide services to the funds and their shareholders. The majority of 12b-1/service fees were paid to independent third parties and the remainder were retained by the Company as reimbursement for expenses the Company had incurred. The amounts of 12b-1/service fees and commissions were determined by each mutual fund client, and Beacon Hill bore no financial risk related to these services. As a result, 12b-1/service fees and commission revenue was recorded net of the expense payments to third parties, in accordance with the appropriate accounting treatment for this agency relationship. </font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mutual fund administration gross and net revenue are summarized below:</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:75%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Three Months Ended&#160;<br clear="none"/>&#160;March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mutual fund administration:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Administration revenue, gross</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,436,359</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,760,870</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12b-1/service fees and commission revenue received from fund clients</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,625,391</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12b-1/service fees and commission expense payments to third parties</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,328,490</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fund related expense</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,148,951</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,268,063</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenue, net of related expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,287,408</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,789,708</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM C-Share financing:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Broker commission advance repayments</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">113,470</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">193,310</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Broker commission amortization</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(100,220</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(212,313</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financing activity, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,250</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(19,003</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mutual fund administration revenue, net</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,300,658</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,770,705</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mutual fund administrative net revenue from the Funds was </font><font style="font-family:inherit;font-size:10pt;">$3.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$2.7 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">three months ended March 31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Income Taxes</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company accounts for current and deferred income taxes through an asset and liability approach. Deferred tax assets are recognized for deductible temporary differences and deferred tax liabilities are recognized for taxable temporary differences. Deferred tax assets are reduced by a valuation allowance when it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company is subject to examination by federal and applicable state and local jurisdictions for various tax periods. The Company&#8217;s income tax positions are based on research and interpretations of the income tax laws and rulings in each of the jurisdictions in which it does business. Due to the subjectivity of interpretations of laws and rulings in each jurisdiction, the differences and interplay in tax laws among those jurisdictions, as well as the inherent uncertainty in estimating the final resolution of complex tax audit matters, the Company&#8217;s estimates of income tax liabilities may differ from actual payments or assessments. The Company regularly assesses its position with regard to tax exposures and records liabilities for these uncertain tax positions and related interest and penalties, if any, according to the principles of FASB ASC 740, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Taxes</font><font style="font-family:inherit;font-size:10pt;">. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company had not recorded any liability for uncertain tax positions. The Company records interest and penalties, if any, within income tax expense on the income statement. </font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Earnings Per Share</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic earnings per share (&#8220;EPS&#8221;) excludes dilution and is computed by dividing net income by the weighted average number of Common Shares outstanding for the period, which includes participating securities.  Diluted EPS reflects the potential dilution of EPS due to unvested restricted stock units.  See </font><font style="font-family:inherit;font-size:10pt;">Note 8</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Recently Issued Accounting Standards</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, "Revenue from Contracts with Customers", which supersedes existing accounting standards for revenue recognition and creates a single framework. ASU 2014-09 requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers.  This standard also specifies the accounting for certain costs to obtain or fulfill a contract with a customer.  This ASU will supersede much of the existing revenue recognition guidance in GAAP and is effective for fiscal years beginning after December 15, 2017, including interim periods within that reporting period, and requires either a retrospective or a modified retrospective approach to adoption.  Early application is permitted for the first interim period within annual reporting periods beginning after December 15, 2016.  The Company is currently assessing the impact of this standard on its consolidated financial statements and related disclosures, as well as the transition methods.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued ASU 2016-02, "Leases", which, among other things, requires lessees to recognize most leases on-balance sheet.  This will increase their reported assets and liabilities - in some cases significantly.  Lessor accounting remains substantially similar to current GAAP.  ASU 2016-02 supersedes Topic 840,</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> Leases</font><font style="font-family:inherit;font-size:10pt;">.  ASU 2016-02 is effective for annual and interim periods in fiscal years beginning after December 15, 2018.  ASU 2016-02 mandates a modified retrospective transition method for all entities.  The Company is currently assessing the impact of this standard on its consolidated financial statements and related disclosures.</font></div></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountingPoliciesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountingPoliciesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SignificantAccountingPoliciesTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for all significant accounting policies of the reporting entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18861-107790<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18726-107790<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18743-107790<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18854-107790<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SignificantAccountingPoliciesTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>20
<FILENAME>R9.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6766409168">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investment Portfolio<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
</tr>
<tr><th class="th"><div>Mar. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract', window );"><strong>Investments, Debt and Equity Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock', window );">Investment Portfolio</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Investment Portfolio</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company held investments (excluding money market funds, which are included with cash and cash equivalents) worth </font><font style="font-family:inherit;font-size:10pt;">$117.4 million</font><font style="font-family:inherit;font-size:10pt;">. The following table summarizes the carrying value of these investments as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">As of</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Trading investments:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Securities held in Consolidated Funds</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(a) </sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,452,815</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">57,355,471</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Company sponsored investments</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,459,664</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,245</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Company sponsored equity method investments</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,827,940</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,457,449</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred compensation investments</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,683,617</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,182,470</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Investment portfolio</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">117,424,036</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">108,015,635</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(a) Of the securities held in the Consolidated Funds as of </font><font style="font-family:inherit;font-size:9pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:9pt;">, </font><font style="font-family:inherit;font-size:9pt;">$43.9 million</font><font style="font-family:inherit;font-size:9pt;"> were held directly by the Company and </font><font style="font-family:inherit;font-size:9pt;">$17.6 million</font><font style="font-family:inherit;font-size:9pt;"> were held by noncontrolling shareholders. Of the securities held in the Consolidated Funds as of </font><font style="font-family:inherit;font-size:9pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:9pt;">, </font><font style="font-family:inherit;font-size:9pt;">$42.6 million</font><font style="font-family:inherit;font-size:9pt;"> were held directly by the Company and </font><font style="font-family:inherit;font-size:9pt;">$14.7 million</font><font style="font-family:inherit;font-size:9pt;"> were held by noncontrolling shareholders.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The deferred compensation investments above consist of Diamond Hill Funds and relate to deferred compensation liabilities from both deferred compensation plans (refer to </font><font style="font-family:inherit;font-size:10pt;">Note 5</font><font style="font-family:inherit;font-size:10pt;">).  As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, trading investments and equity method investments held in deferred compensation investments were </font><font style="font-family:inherit;font-size:10pt;">$12.8 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$5.9 million</font><font style="font-family:inherit;font-size:10pt;">, respectively.  As of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, trading investments and equity method investments held in the deferred compensation investments were </font><font style="font-family:inherit;font-size:10pt;">$9.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$4.9 million</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, our equity method investees consisted of the Diamond Hill Mid Cap Fund, the Diamond Hill Research Opportunities Fund, DHGF, and DHIEF and our ownership percentages in these funds were </font><font style="font-family:inherit;font-size:10pt;">23%</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">22%</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">95%</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">30%</font><font style="font-family:inherit;font-size:10pt;">, respectively.  The Company's equity method investments consist of cash, marketable equity securities and fixed income securities.  The following table includes the condensed summary financial information from the Company's equity method investments as of and for the period ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:66%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">As of</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">200,584,608</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">189,819,824</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45,863,330</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45,931,979</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">154,721,278</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">143,887,845</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM's portion of net assets</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,711,852</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">41,338,406</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">For the Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment income</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">458,399</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">355,853</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">370,393</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">62,226</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net realized gains (losses)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,299,286</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(95,785</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net change in unrealized appreciation/depreciation</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,921,247</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,104,266</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,308,539</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,302,108</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM's portion of net income</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,416,849</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">646,565</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for  investments in certain debt and equity securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -Glossary Debt Security<br> -URI http://asc.fasb.org/extlink&amp;oid=6509901<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 30<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6379141&amp;loc=d3e15032-111544<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -Glossary Equity Security<br> -URI http://asc.fasb.org/extlink&amp;oid=6511694<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 320<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6957658&amp;loc=d3e62557-112803<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27161-111563<br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27357-111563<br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27405-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>21
<FILENAME>R10.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6766409456">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Line of Credit<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
</tr>
<tr><th class="th"><div>Mar. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtDisclosureAbstract', window );"><strong>Debt Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtDisclosureTextBlock', window );">Line of Credit</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Line of Credit</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has an uncommitted Line of Credit Agreement (the "Credit Agreement") with a commercial bank that matures in November of 2017 and permits the Company to borrow up to </font><font style="font-family:inherit;font-size:10pt;">$25.0 million</font><font style="font-family:inherit;font-size:10pt;">.  Borrowings under the Credit Agreement bear interest at a rate equal to LIBOR plus </font><font style="font-family:inherit;font-size:10pt;">1.50%</font><font style="font-family:inherit;font-size:10pt;">.  The Company has not borrowed under the Credit Agreement as of and for the period ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">.  </font><font style="font-family:inherit;font-size:10pt;">No</font><font style="font-family:inherit;font-size:10pt;"> interest is payable on the unused portion of the Credit Agreement.  </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The proceeds of the Credit Agreement may be used by the Company and its subsidiaries for ongoing working capital needs, to seed new investment strategies and other general corporate purposes.  The Credit Agreement contains representations, warranties and covenants that are customary for agreements of this type.</font></div></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtDisclosureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21475-112644<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.19,20,22)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>22
<FILENAME>R11.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6766409168">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Compensation Plans<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
</tr>
<tr><th class="th"><div>Mar. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract', window );"><strong>Disclosure of Compensation Related Costs, Share-based Payments [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock', window );">Compensation Plans</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Compensation Plans</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Share-Based Payment Transactions</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company issues restricted stock units and restricted stock awards (collectively, "Restricted Stock") under the 2014 Equity and Cash Incentive Plan ("2014 Plan"). Restricted stock units represent shares which may be issued in the future, whereas restricted stock awards represent common shares issued and outstanding upon grant subject to vesting restrictions. The following table represents a roll-forward of outstanding Restricted Stock and related activity during the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:72%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Shares</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Weighted-Average</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Grant Date Price</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">per Share</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding Restricted Stock as of December&#160;31, 2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">223,800</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">132.96</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Grants issued</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,700</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">199.46</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Grants vested</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(14,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">126.38</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Grants forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,250</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">67.86</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Outstanding Restricted Stock as of March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">217,250</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">136.42</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, there were </font><font style="font-family:inherit;font-size:10pt;">383,177</font><font style="font-family:inherit;font-size:10pt;"> Common Shares available for awards under the 2014 Plan.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total deferred compensation related to unvested Restricted Stock grants was </font><font style="font-family:inherit;font-size:10pt;">$17.8 million</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. Compensation expense related to Restricted Stock grants is calculated based upon the fair market value of the common shares on grant date.  The Company's policy is to adjust compensation expense for forfeitures as they occur. The recognition of compensation expense related to deferred compensation over the remaining vesting periods is as follows:</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="27" rowspan="1"></td></tr><tr><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Nine Months&#160;<br clear="none"/>&#160;Remaining In</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td></tr><tr><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2021</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Thereafter</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,845,782</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,773,030</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,036,576</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,364,048</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">872,849</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">907,498</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,799,783</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Stock Grant Transactions</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table represents stock issued as part of our incentive compensation program during the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-top:6px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:58.86939571150097%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:25%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shares Issued</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Grant Date Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March 31, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19,219</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,892,424</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,940</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,879,431</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Deferred Compensation Plans</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company offers two deferred compensation plans, the Diamond Hill Fixed Term Deferred Compensation Plan and the Diamond Hill Variable Term Deferred Compensation Plan (collectively the &#8220;Plans&#8221;), to its named executive officers and certain other employees. Under the Plans, participants may elect to voluntarily defer, for a minimum of </font><font style="font-family:inherit;font-size:10pt;">five</font><font style="font-family:inherit;font-size:10pt;"> years, certain incentive compensation, which the Company then contributes into the Plans. Each participant is responsible for designating investment options for assets they contribute, and the distribution paid to each participant reflects any gains or losses on the assets realized while in the Plans. Assets held in the Plans are included in the Company&#8217;s investment portfolio, and the associated obligation to participants is included in deferred compensation liability. Assets held in the Plans are recorded at fair value. Deferred compensation liability was </font><font style="font-family:inherit;font-size:10pt;">$18.7 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$14.2 million</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 40<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=65895303&amp;loc=d3e17540-113929<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 50<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=68057994&amp;loc=d3e25284-112666<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 14)<br> -URI http://asc.fasb.org/extlink&amp;oid=27013229&amp;loc=d3e301413-122809<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5047-113901<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5444-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>23
<FILENAME>R12.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6766409456">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Operating Leases<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
</tr>
<tr><th class="th"><div>Mar. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LeasesAbstract', window );"><strong>Leases [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LeasesOfLesseeDisclosureTextBlock', window );">Operating Leases</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Operating Leases</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company currently leases office space of approximately </font><font style="font-family:inherit;font-size:10pt;">37,829</font><font style="font-family:inherit;font-size:10pt;"> square feet at </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> location. The following table summarizes the total lease and operating expenses for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, <br clear="none"/>2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, <br clear="none"/>2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">231,463</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">227,349</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The approximate future minimum lease payments under the operating lease are as follows:</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="27" rowspan="1"></td></tr><tr><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td colspan="27" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Future Minimum Lease Payments</font></div></td></tr><tr><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Nine Months&#160;<br clear="none"/>&#160;Remaining In</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2021</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Thereafter</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">439,762</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">586,350</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">595,807</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">624,179</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">624,179</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,716,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,586,277</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition to the above lease payments, the Company is also responsible for normal operating expenses of the property. Such operating expenses were approximately </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;"> in </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, and are expected to be the same in </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LeasesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LeasesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LeasesOfLesseeDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 30<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6455398&amp;loc=d3e45280-112737<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6452660&amp;loc=d3e36991-112694<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41499-112717<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 10<br> -Section 55<br> -Paragraph 40<br> -Subparagraph (Note 1,3)<br> -URI http://asc.fasb.org/extlink&amp;oid=6584154&amp;loc=d3e38371-112697<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 460<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=6851643&amp;loc=d3e12069-110248<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41502-112717<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LeasesOfLesseeDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>24
<FILENAME>R13.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6766370720">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income Taxes<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
</tr>
<tr><th class="th"><div>Mar. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxDisclosureAbstract', window );"><strong>Income Tax Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxDisclosureTextBlock', window );">Income Taxes</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Income Taxes</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has determined its interim tax provision projecting an estimated annual effective tax rate. For the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company recorded income tax expense of </font><font style="font-family:inherit;font-size:10pt;">$6.5 million</font><font style="font-family:inherit;font-size:10pt;">, yielding an effective tax rate of  </font><font style="font-family:inherit;font-size:10pt;">33.1%</font><font style="font-family:inherit;font-size:10pt;">.  The effective tax rate of </font><font style="font-family:inherit;font-size:10pt;">33.1%</font><font style="font-family:inherit;font-size:10pt;"> differed from the federal statutory tax rate of </font><font style="font-family:inherit;font-size:10pt;">35%</font><font style="font-family:inherit;font-size:10pt;"> due primarily to </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;"> of excess tax benefits from the vesting of stock awards as well as a </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> tax benefit related to a charitable donation of appreciated securities previously held in our investment portfolio.  The tax benefits were partially offset by the additional income tax expense recorded in the state and city jurisdictions in which we do business.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company implemented ASU 2016-09, "Improvements to Employee Share-Based Payment Accounting" on January 1, 2017.  As of January 1, 2017, any excess tax benefits or deficiences from the vesting of stock awards are recognized through the income tax provision as opposed to common stock.  For Restricted Stock, the Company receives an excess income tax benefit calculated as the tax effect of the difference between the fair market value of the stock at the time of grant and vesting.  The Company also records tax benefits on dividends paid on Restricted Stock.  This change is required to be applied prospectively to all excess tax benefits and tax deficiencies after the date of adoption of the ASU.  No adjustment is recorded for any windfall benefits previously recorded in common stock.  In addition, all tax-related cash flows resulting from share-based payments will be reported as operating activities in the statement of cash flows under the new guidance, rather than the prior requirement to present windfall tax benefits as an inflow from financing activities and an outflow from operating activities.  The Company has elected to adopt this change in cash flow presentation prospectively after the date of adoption of the ASU.</font></div><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the&#160;</font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">&#160;months ended&#160;</font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company recorded income tax expense of&#160;</font><font style="font-family:inherit;font-size:10pt;">$5.2 million</font><font style="font-family:inherit;font-size:10pt;">, yielding an effective tax rate of&#160;</font><font style="font-family:inherit;font-size:10pt;">35.8%</font><font style="font-family:inherit;font-size:10pt;">. The effective tax rate of&#160;</font><font style="font-family:inherit;font-size:10pt;">35.8%</font><font style="font-family:inherit;font-size:10pt;">&#160;differed from the federal statutory tax rate of&#160;</font><font style="font-family:inherit;font-size:10pt;">35%</font><font style="font-family:inherit;font-size:10pt;">&#160;due primarily to the additional income tax expense recorded in the state and city jurisdictions in which we do business, which was partially offset by a </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> tax benefit related to a charitable donation of appreciated securities previously held in our investment portfolio. The Company had net tax benefits from equity awards of </font><font style="font-family:inherit;font-size:10pt;">$5.2 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">,  which was reflected as an increase in equity.</font></div><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The net temporary differences incurred to date will reverse in future periods as the Company generates taxable earnings. The Company believes it is more likely than not that the results of future operations will generate sufficient taxable income to realize the net deferred tax assets recorded. The Company records a valuation allowance when it is more likely than not that some portion or all of the deferred tax assets will not be realized. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, no valuation allowance was deemed necessary.</font></div><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">FASB ASC 740, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Taxes</font><font style="font-family:inherit;font-size:10pt;">, prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return and also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The Company did not record an accrual for tax related uncertainties or unrecognized tax positions as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> or </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxDisclosureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32559-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 15<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32718-109319<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32639-109319<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32537-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>25
<FILENAME>R14.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6837522000">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings Per Share<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
</tr>
<tr><th class="th"><div>Mar. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareAbstract', window );"><strong>Earnings Per Share [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareTextBlock', window );">Earnings Per Share</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Earnings Per Share</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s Common Shares outstanding consist of all shares issued and outstanding, including unvested restricted shares. Basic and diluted EPS are calculated under the two-class method. Restricted stock units are considered dilutive. The following table sets forth the computation for basic and diluted EPS and reconciliation between basic and diluted shares outstanding:</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:69%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Three Months Ended&#160;<br clear="none"/>&#160;March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net Income</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,125,448</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,279,879</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: Net income attributable to redeemable noncontrolling interest</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(368,553</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(14,216</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income attributable to common shareholders</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,756,895</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,265,663</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted average number of outstanding shares - Basic</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,428,888</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,388,743</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dilutive impact of restricted stock units</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,441</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,653</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted average number of outstanding shares - Diluted</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,435,329</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,393,396</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earnings per share attributable to common shareholders</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.72</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.73</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.71</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.73</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for earnings per share.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1278-109256<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1252-109256<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 55<br> -Paragraph 52<br> -URI http://asc.fasb.org/extlink&amp;oid=65016374&amp;loc=d3e4984-109258<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.21)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>26
<FILENAME>R15.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6766409168">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Commitments and Contingencies<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
</tr>
<tr><th class="th"><div>Mar. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommitmentsAndContingenciesDisclosureAbstract', window );"><strong>Commitments and Contingencies Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock', window );">Commitments and Contingencies</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Commitments and Contingencies</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company indemnifies its directors, officers and certain of its employees for certain liabilities that might arise from their performance of their duties to the Company. From time to time, the Company is involved in legal matters relating to claims arising in the ordinary course of business.  There are currently no such matters pending that the Company believes could have a material adverse effect on its consolidated financial statements.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Additionally, in the normal course of business, the Company enters into agreements that contain a variety of representations and warranties and which provide general indemnifications. Certain agreements do not contain any limits on the Company&#8217;s liability and could involve future claims that may be made against the Company that have not yet occurred. Therefore, it is not possible to estimate the Company&#8217;s potential liability under these indemnities. Further, the Company maintains insurance policies that may provide coverage against certain claims under these indemnities.</font></div></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommitmentsAndContingenciesDisclosureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommitmentsAndContingenciesDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for commitments and contingencies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6449706&amp;loc=d3e16207-108621<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 460<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=68068213&amp;loc=d3e12565-110249<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 450<br> -SubTopic 20<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=25496072&amp;loc=d3e14435-108349<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.25)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 440<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=73718637&amp;loc=d3e25287-109308<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommitmentsAndContingenciesDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>27
<FILENAME>R16.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6841237072">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Significant Accounting Policies (Policies)<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
</tr>
<tr><th class="th"><div>Mar. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountingPoliciesAbstract', window );"><strong>Accounting Policies [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BasisOfAccountingPolicyPolicyTextBlock', window );">Basis of Presentation</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Basis of Presentation</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited condensed consolidated financial statements as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, and for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> month periods ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, for Diamond Hill Investment Group, Inc. and its subsidiaries (referred to in these notes to the condensed consolidated financial statements as "the Company," "management," "we," "us," and "our") have been prepared in accordance with United States generally accepted accounting principles ("GAAP") and with the instructions to Form 10-Q and Article 10 of the Securities and Exchange Commission ("SEC") Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements.  In the opinion of management, all adjustments, consisting of normal recurring accruals, considered necessary for a fair statement of the financial condition and results of operations at the dates and for the interim periods presented, have been included.  The results of operations for any interim period are not necessarily indicative of the results of operations to be expected for any full fiscal year.  These unaudited condensed consolidated financial statements and footnotes should be read in conjunction with the audited consolidated financial statements of the Company included in the Company's Annual Report on Form 10-K for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> ("</font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> Annual Report") as filed with the SEC.</font></div></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UseOfEstimates', window );">Use of Estimates</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Use of Estimates</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the condensed consolidated financial statements in conformity with GAAP requires management of the Company to make estimates and assumptions related to the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period.  Actual results could differ from those estimates.</font></div></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PriorPeriodReclassificationAdjustmentDescription', window );">Reclassification</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Reclassification</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts and disclosures may have been reclassified to conform to the current period's financial presentation.</font></div></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConsolidationPolicyTextBlock', window );">Principles of Consolidation</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Principles of Consolidation</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying consolidated financial statements include the operations of the Company and its controlled subsidiaries.  All  inter-company transactions and balances have been eliminated in consolidation.  </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company holds certain investments in the Funds and the ETF we advise for general corporate investment purposes and to provide seed capital for newly formed strategies or to add capital to existing strategies.  The Funds are organized in a series fund structure in which there are multiple mutual funds within one Trust.  The Trust is an open-end investment company registered under the Investment Company Act of 1940, as amended (the"1940 Act").  The ETF we advise is an individual series of ETF Series Solutions which is also an open-end investment company registered under the 1940 Act.  Each of the individual mutual funds and the ETF represent a separate share class of a legal entity organized under the Trust.  As of January 1, 2016, the Company adopted </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">ASU 2015-02 - Consolidation (Topic 810): Amendments to the Consolidation Analysis ("ASU 2015-02") </font><font style="font-family:inherit;font-size:10pt;">and we have performed our analysis at the individual mutual fund and ETF level and have concluded the mutual funds and ETF are voting rights entities ("VREs").  The Company has concluded that the mutual funds and the ETF are VREs because the structure of the investment product is such that the shareholders are deemed to have the power through voting rights to direct the activities that most significantly impact the entity's economic performance.  To the extent material, these investment products are consolidated if Company ownership, directly or indirectly, represents a majority interest (greater than 50%).  The Company records redeemable noncontrolling interests in consolidated investments for which the Company's ownership is less than 100%.  The Company has consolidated the ETF and one of our individual mutual funds (collectively the "Consolidated Funds") as our ownership was greater than 50% in each.  </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM is the managing member of Diamond Hill General Partner, LLC (the &#8220;General Partner&#8221;), the general partner of Diamond Hill Investment Partners, L.P. (&#8220;DHIP&#8221;), Diamond Hill Global Fund, L.P. ("DHGF"), and Diamond Hill International Equity Fund, L.P. ("DHIEF"), each a limited partnership (collectively, the "Partnerships" or &#8220;LPs&#8221;) whose underlying assets consist primarily of marketable securities.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM is wholly owned by the Company and is consolidated by us.  Further, DHCM, through its control of the General Partner, has the power to direct each LP&#8217;s economic activities and the right to receive investment advisory fees that may be significant to the LPs.  </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company concluded we did not have a variable interest in DHIP as the fees paid to the General Partner are considered to contain customary terms and conditions as found in the market for similar products and the Company has no equity ownership in DHIP.  </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company concluded DHGF and DHIEF were variable interest entities ("VIEs") as DHCM has disproportionately less voting interests than economic interests in each LP, yet the limited partners have full power to remove the Company as the General Partner due to the existence of substantive kick-out rights.  In addition, substantially all of the LPs' activities are conducted on behalf of the General Partner which has disproportionately few voting rights.  The Company concluded we are not the primary beneficiary of DHGF or DHIEF  as we lack the power to control the entities due to the existence of single-party kick-out rights where the limited partners have the unilateral ability to remove the General Partner without cause. DHCM&#8217;s investment in DHGF and DHIEF is reported as a component of the Company&#8217;s investment portfolio, valued at DHCM&#8217;s proportionate interest in the net asset value ("NAV") of each LP. </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The LPs are not subject to lock-up periods and can be redeemed on demand. Gains and losses attributable to changes in the value of DHCM&#8217;s interests in the LPs are included in the Company&#8217;s reported investment income. The Company&#8217;s exposure to loss as a result of its involvement with the LPs is limited to the amount of its investments. DHCM is not obligated to provide, and has not provided, financial or other support to the LPs, other than its investments to date and its contractually provided investment advisory responsibilities. The Company has not provided liquidity arrangements, guarantees or other commitments to support the LPs&#8217; operations, and the LPs&#8217; creditors and interest holders have no recourse to the general credit of the Company.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain board members, officers and employees of the Company invest in the LPs and are not subject to a management fee or an incentive fee. These individuals receive no remuneration as a result of their personal investment in the LPs. The capital of the General Partner is not subject to a management fee or an incentive fee.</font></div></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy', window );">Redeemable Noncontrolling Interest</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Redeemable Noncontrolling Interest</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Redeemable noncontrolling interest represents third-party interests in the Consolidated Funds.  This interest is redeemable at the option of the investors and therefore is not treated as permanent equity.  Redeemable noncontrolling interest is remeasured at redemption value which approximates the fair value each reporting period.</font></div></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingPolicyPolicyTextBlock', window );">Segment Information</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Segment Information</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Management has determined that the Company operates in </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> business segment, providing investment management and administration services to mutual funds, institutional accounts, and private investment funds. Therefore, no disclosures relating to operating segments are presented in the Company's annual or interim financial statements.</font></div></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsPolicyTextBlock', window );">Cash and Cash Equivalents</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Cash and Cash Equivalents</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash and cash equivalents include demand deposits and money market mutual funds.</font></div></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReceivablesPolicyTextBlock', window );">Accounts Receivable</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Accounts Receivable</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable are recorded when they are due and are presented on the balance sheet net of any allowance for doubtful accounts. Accounts receivable are written off when they are determined to be uncollectible. Any allowance for doubtful accounts is estimated based on the Company&#8217;s historical losses, existing conditions in the industry, and the financial stability of those individuals or entities that owe the receivable.</font></div></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentPolicyTextBlock', window );">Investments</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Investments</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Management determines the appropriate classification of its investments at the time of purchase and re-evaluates its determination at each reporting period.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investments classified as trading represent investments in the Funds we advise where the Company has neither control nor the ability to exercise significant influence as well as securities held in the Consolidated Funds.  These investments are measured at fair value based on quoted market prices.  Unrealized gains and losses are recorded as investment income (loss) in the Company's consolidated statements of income.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investments classified as equity method investments represent investments in which the Company owns between 20-50% of the outstanding voting interests in the entity or when it is determined that the Company is able to exercise significant influence but not control over the investments.  When using the equity method, the Company recognizes its respective share of the investee's net income or loss for the period which is recorded as investment income in the Company's consolidated statements of income.</font></div><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Valuation of Investment Portfolio</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounting Standards Codification Topic 820, Fair Value Measurement ("ASC 820") specifies a hierarchy of valuation classifications based on whether the inputs to the valuation techniques used in each valuation classification are observable or unobservable.  These classifications are summarized in the three broad levels listed below:</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 1 - Unadjusted quoted prices for identical instruments in active markets.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 2 - Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-driven valuations in which all significant inputs are observable.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 3 - Valuations derived from techniques in which significant inputs are unobservable.  </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Inputs used to measure fair value might fall in different levels of the fair value hierarchy, in which case the Company defaults to the lowest level input that is significant to the fair value measurement in its entirety.  These levels are not necessarily an indication of the risk or liquidity associated with investments. The following table summarizes our investments that are recognized in our consolidated balance sheet using fair value measurements determined based upon the differing levels of inputs as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td style="width:52%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Level 1</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Level 2</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Level 3</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash equivalents </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">58,101,003</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">58,101,003</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Trading Investments</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;&#160;Securities held in Consolidated Funds</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(a) </sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19,273,313</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,179,502</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,452,815</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;&#160;Company sponsored investments</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,459,664</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,459,664</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred compensation investments</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,683,617</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,683,617</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(a) Of the equity interests in the Consolidated Funds as of </font><font style="font-family:inherit;font-size:9pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:9pt;">, </font><font style="font-family:inherit;font-size:9pt;">$43.9 million</font><font style="font-family:inherit;font-size:9pt;"> were held directly by the Company and </font><font style="font-family:inherit;font-size:9pt;">$17.6 million</font><font style="font-family:inherit;font-size:9pt;"> were held by noncontrolling shareholders.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 1 investments are all registered investment companies (mutual funds) or equity securities held in the Consolidated Funds and include, as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$58.1 million</font><font style="font-family:inherit;font-size:10pt;"> of investments in money market mutual funds that the Company classifies as cash equivalents. </font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Level 2 investments are comprised of investments in debt securities, which are valued by an independent pricing service using pricing techniques which take into account factors such as trading activity, readily available market quotations, yield, quality, coupon rate, maturity, type of issue, trading characteristics, call features, credit rates and other observable inputs. </font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company determines transfers between fair value hierarchy levels at the end of the reporting period. There were </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> transfers in or out of the levels during the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Changes in fair values of the investments are recorded in the Company's consolidated statements of income as investment income (loss).</font></div></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock', window );">Property and Equipment</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Property and Equipment</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property and equipment, consisting of leasehold improvements, computer equipment, furniture, and fixtures, are carried at cost less accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated lives of the assets.</font></div></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueRecognitionPolicyTextBlock', window );">Revenue Recognition - General</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Revenue Recognition &#8211; General</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company earns substantially all of its revenue from investment advisory and fund administration services. Investment advisory and administration fees, generally calculated as a percentage of assets under management ("AUM"), are recorded as revenue as services are performed. In addition to fixed fees based on a percentage of AUM, certain client accounts also provide periodic variable fees.</font></div></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueRecognitionServicesManagementFees', window );">Revenue Recognition - Variable Incentive Revenue</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Revenue Recognition &#8211; Variable Fees</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company manages certain client accounts that provide for variable fees. These fees are calculated based on client investment results over rolling </font><font style="font-family:inherit;font-size:10pt;">five</font><font style="font-family:inherit;font-size:10pt;">-year periods.  The Company records variable fees at the end of the contract measurement period.  No variable fees were earned during the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> or </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">. The table below shows AUM subject to variable fees and the amount of variable fees that would be recognized based upon current investment results as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:58%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">As of March&#160;31, 2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">AUM subject to variable fees</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Unearned variable fees</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contractual Period Ends:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended December 31, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100,372,212</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">650,510</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended September 30, 2019</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,309,551</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">481,397</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended March 31, 2020</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,957,815</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended September 30, 2021</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">246,450,605</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">860,314</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">391,090,183</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,992,221</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The contractual end dates highlight the time remaining until the variable fees are scheduled to be earned.  The amount of variable fees that would be recognized based upon investment results as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> will increase or decrease based on future client investment results through the contractual period end.  There can be no assurance that the unearned amounts will ultimately be earned.</font></div></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure', window );">Revenue Recognition - Mutual Fund Administration</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Revenue Recognition &#8211; Mutual Fund Administration</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM has an administrative and transfer agency services agreement with the Funds under which DHCM performs certain services for each Fund. These services include mutual fund administration, fund accounting, transfer agency and other related functions. For performing these services each Fund pays DHCM a fee, which is calculated using an annual rate times the average daily net assets of each respective share class. </font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Funds have selected and contractually engaged certain vendors to fulfill various services to benefit the Funds&#8217; shareholders or to satisfy regulatory requirements of the Funds. These services include, among others, required shareholder mailings, federal and state registrations, and legal and audit services. DHCM, in fulfilling a portion of its role under the administration agreement with the Funds, acts as agent to pay these obligations of the Funds. Each vendor is independently responsible for fulfillment of the services it has been engaged to provide and negotiates fees and terms with the management and board of trustees of the Funds. The fee that each Fund pays to DHCM is reviewed annually by the Funds&#8217; board of trustees and specifically takes into account the contractual expenses that DHCM pays on behalf of the Funds. As a result, DHCM is not involved in the delivery or pricing of these services and bears no risk related to these services. Revenue has been recorded net of these Fund related expenses, in accordance with FASB ASC 605-45, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue Recognition &#8211; Principal Agent Considerations</font><font style="font-family:inherit;font-size:10pt;">. In addition, DHCM advances the upfront commissions that are paid to brokers who sell Class C shares of the Funds.  These advances are capitalized and amortized over </font><font style="font-family:inherit;font-size:10pt;">12 months</font><font style="font-family:inherit;font-size:10pt;"> to correspond with the repayments DHCM receives from the principal underwriter to recoup this commission advancement.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior to the sale of Beacon Hill, the Company, through Beacon Hill, had underwriting and administrative service agreements with certain clients, including registered mutual funds. The fee arrangements varied from client to client based upon services provided and have been recorded as revenue under mutual fund administration on the Company's consolidated statements of income. Part of Beacon Hill&#8217;s role as underwriter was to act as an agent on behalf of its mutual fund clients to receive 12b-1/service fees and commission revenue and facilitate the payment of those fees and commissions to third parties who provide services to the funds and their shareholders. The majority of 12b-1/service fees were paid to independent third parties and the remainder were retained by the Company as reimbursement for expenses the Company had incurred. The amounts of 12b-1/service fees and commissions were determined by each mutual fund client, and Beacon Hill bore no financial risk related to these services. As a result, 12b-1/service fees and commission revenue was recorded net of the expense payments to third parties, in accordance with the appropriate accounting treatment for this agency relationship. </font></div></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxPolicyTextBlock', window );">Income Taxes</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Income Taxes</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company accounts for current and deferred income taxes through an asset and liability approach. Deferred tax assets are recognized for deductible temporary differences and deferred tax liabilities are recognized for taxable temporary differences. Deferred tax assets are reduced by a valuation allowance when it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company is subject to examination by federal and applicable state and local jurisdictions for various tax periods. The Company&#8217;s income tax positions are based on research and interpretations of the income tax laws and rulings in each of the jurisdictions in which it does business. Due to the subjectivity of interpretations of laws and rulings in each jurisdiction, the differences and interplay in tax laws among those jurisdictions, as well as the inherent uncertainty in estimating the final resolution of complex tax audit matters, the Company&#8217;s estimates of income tax liabilities may differ from actual payments or assessments. The Company regularly assesses its position with regard to tax exposures and records liabilities for these uncertain tax positions and related interest and penalties, if any, according to the principles of FASB ASC 740, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Taxes</font><font style="font-family:inherit;font-size:10pt;">. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company had not recorded any liability for uncertain tax positions. The Company records interest and penalties, if any, within income tax expense on the income statement.</font></div></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerSharePolicyTextBlock', window );">Earnings Per Share</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Earnings Per Share</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic earnings per share (&#8220;EPS&#8221;) excludes dilution and is computed by dividing net income by the weighted average number of Common Shares outstanding for the period, which includes participating securities.  Diluted EPS reflects the potential dilution of EPS due to unvested restricted stock units.  See </font><font style="font-family:inherit;font-size:10pt;">Note 8</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock', window );">Recently Issued Accounting Standards</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Recently Issued Accounting Standards</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, "Revenue from Contracts with Customers", which supersedes existing accounting standards for revenue recognition and creates a single framework. ASU 2014-09 requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers.  This standard also specifies the accounting for certain costs to obtain or fulfill a contract with a customer.  This ASU will supersede much of the existing revenue recognition guidance in GAAP and is effective for fiscal years beginning after December 15, 2017, including interim periods within that reporting period, and requires either a retrospective or a modified retrospective approach to adoption.  Early application is permitted for the first interim period within annual reporting periods beginning after December 15, 2016.  The Company is currently assessing the impact of this standard on its consolidated financial statements and related disclosures, as well as the transition methods.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued ASU 2016-02, "Leases", which, among other things, requires lessees to recognize most leases on-balance sheet.  This will increase their reported assets and liabilities - in some cases significantly.  Lessor accounting remains substantially similar to current GAAP.  ASU 2016-02 supersedes Topic 840,</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> Leases</font><font style="font-family:inherit;font-size:10pt;">.  ASU 2016-02 is effective for annual and interim periods in fiscal years beginning after December 15, 2018.  ASU 2016-02 mandates a modified retrospective transition method for all entities.  The Company is currently assessing the impact of this standard on its consolidated financial statements and related disclosures.</font></div></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountingPoliciesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountingPoliciesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BasisOfAccountingPolicyPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for basis of accounting, or basis of presentation, used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BasisOfAccountingPolicyPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 305<br> -SubTopic 10<br> -Section 05<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6375392&amp;loc=d3e26790-107797<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4273-108586<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash<br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash Equivalents<br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConsolidationPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting.  The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=64809438&amp;loc=d3e5614-111684<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.3A-03)<br> -URI http://asc.fasb.org/extlink&amp;oid=27015204&amp;loc=d3e355100-122828<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.3A-02)<br> -URI http://asc.fasb.org/extlink&amp;oid=27015204&amp;loc=d3e355033-122828<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConsolidationPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for subsidiaries or other investments that are consolidated, including the accounting treatment for intercompany accounts or transactions and any noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=64809438&amp;loc=d3e5614-111684<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section S99<br> -Paragraph 4<br> -Subparagraph (SX 210.3A-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27015204&amp;loc=d3e355119-122828<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.3A-03)<br> -URI http://asc.fasb.org/extlink&amp;oid=27015204&amp;loc=d3e355100-122828<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.3A-02)<br> -URI http://asc.fasb.org/extlink&amp;oid=27015204&amp;loc=d3e355033-122828<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerSharePolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3630-109257<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerSharePolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 19<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32840-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 30<br> -Section 05<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=65884525&amp;loc=d3e40913-109327<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 954<br> -SubTopic 740<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6491622&amp;loc=d3e9504-115650<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 17<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32809-109319<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -URI http://asc.fasb.org/extlink&amp;oid=75116654&amp;loc=d3e32247-109318<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=75116654&amp;loc=d3e32280-109318<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for investments in financial assets, including marketable securities (debt and equity securities with readily determinable fair values), investments accounted for under the equity method and cost method, securities borrowed and loaned, and repurchase and resale agreements. For marketable securities, the disclosure may include the entity's accounting treatment for transfers between investment categories and how the fair values for such securities are determined. Also, for all investments, an entity may describe its policy for assessing, recognizing and measuring impairment of the investment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.2,12)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 5.M)<br> -URI http://asc.fasb.org/extlink&amp;oid=65877573&amp;loc=d3e87990-122713<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 325<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=6872867&amp;loc=d3e40691-111596<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 10<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=73719730&amp;loc=d3e13433-108611<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PriorPeriodReclassificationAdjustmentDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for reclassifications that affects the comparability of the financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6359566&amp;loc=d3e326-107755<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PriorPeriodReclassificationAdjustmentDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, basis of assets, depreciation and depletion methods used, including composite deprecation, estimated useful lives, capitalization policy, accounting treatment for costs incurred for repairs and maintenance, capitalized interest and the method it is calculated, disposals and impairments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.13(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReceivablesPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for trade and other accounts receivable, and finance, loan and lease receivables, including those classified as held for investment and held for sale. This disclosure may include (1) the basis at which such receivables are carried in the entity's statements of financial position (2) how the level of the valuation allowance for receivables is determined (3) when impairments, charge-offs or recoveries are recognized for such receivables (4) the treatment of origination fees and costs, including the amortization method for net deferred fees or costs (5) the treatment of any premiums or discounts or unearned income (6) the entity's income recognition policies for such receivables, including those that are impaired, past due or placed on nonaccrual status and (7) the treatment of foreclosures or repossessions (8) the nature and amount of any guarantees to repurchase receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(3))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(4))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=65890831&amp;loc=d3e10133-111534<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(5))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66008989&amp;loc=d3e4975-111524<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ReceivablesPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for recognizing revenue from a transaction on a gross or net basis.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18726-107790<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 605<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 13.B.Q1)<br> -URI http://asc.fasb.org/extlink&amp;oid=65893310&amp;loc=d3e214044-122780<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 605<br> -SubTopic 45<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68080631&amp;loc=d3e61094-111654<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RevenueRecognitionPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18823-107790<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 605<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 13.B.Q1)<br> -URI http://asc.fasb.org/extlink&amp;oid=65893310&amp;loc=d3e214044-122780<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18726-107790<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RevenueRecognitionPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RevenueRecognitionServicesManagementFees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for revenue recognition for management fee income, including those that contain a performance-based incentive fee which are based on a formula. This disclosure also may indicate whether the entity has recorded any revenue that is at risk due to future performance contingencies, the nature of contracts giving rise to the contingencies, and, if material, the amount of any such revenue recorded.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 605<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 13.B.Q1)<br> -URI http://asc.fasb.org/extlink&amp;oid=65893310&amp;loc=d3e214044-122780<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 605<br> -SubTopic 20<br> -Section S99<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6784405&amp;loc=d3e220004-122787<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RevenueRecognitionServicesManagementFees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SegmentReportingPolicyPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for segment reporting.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SegmentReportingPolicyPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UseOfEstimates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 275<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=64851502&amp;loc=d3e6061-108592<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 275<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=64851502&amp;loc=d3e6143-108592<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 275<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=64851502&amp;loc=d3e6132-108592<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UseOfEstimates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>28
<FILENAME>R17.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6775372304">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Significant Accounting Policies (Tables)<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
</tr>
<tr><th class="th"><div>Mar. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountingPoliciesAbstract', window );"><strong>Accounting Policies [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock', window );">Fair Value Measurements, Recurring and Nonrecurring</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes our investments that are recognized in our consolidated balance sheet using fair value measurements determined based upon the differing levels of inputs as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td style="width:52%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Level 1</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Level 2</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Level 3</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash equivalents </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">58,101,003</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">58,101,003</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Trading Investments</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;&#160;Securities held in Consolidated Funds</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(a) </sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19,273,313</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,179,502</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,452,815</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;&#160;Company sponsored investments</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,459,664</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,459,664</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred compensation investments</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,683,617</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,683,617</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(a) Of the equity interests in the Consolidated Funds as of </font><font style="font-family:inherit;font-size:9pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:9pt;">, </font><font style="font-family:inherit;font-size:9pt;">$43.9 million</font><font style="font-family:inherit;font-size:9pt;"> were held directly by the Company and </font><font style="font-family:inherit;font-size:9pt;">$17.6 million</font><font style="font-family:inherit;font-size:9pt;"> were held by noncontrolling shareholders.</font></div></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_AssetsUnderManagementVariablePerformanceFeesTableTextBlock', window );">Assets under Management (AUM) Subject to Incentive Fees and Incentive Fees</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The table below shows AUM subject to variable fees and the amount of variable fees that would be recognized based upon current investment results as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:58%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">As of March&#160;31, 2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">AUM subject to variable fees</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Unearned variable fees</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contractual Period Ends:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended December 31, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100,372,212</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">650,510</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended September 30, 2019</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,309,551</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">481,397</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended March 31, 2020</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,957,815</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended September 30, 2021</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">246,450,605</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">860,314</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">391,090,183</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,992,221</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_MutualFundAdministrationGrossAndNetRevenueTableTextBlock', window );">Mutual Fund Administration Gross and Net Revenue</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mutual fund administration gross and net revenue are summarized below:</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:75%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Three Months Ended&#160;<br clear="none"/>&#160;March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mutual fund administration:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Administration revenue, gross</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,436,359</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,760,870</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12b-1/service fees and commission revenue received from fund clients</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,625,391</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12b-1/service fees and commission expense payments to third parties</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,328,490</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fund related expense</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,148,951</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,268,063</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenue, net of related expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,287,408</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,789,708</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM C-Share financing:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Broker commission advance repayments</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">113,470</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">193,310</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Broker commission amortization</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(100,220</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(212,313</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financing activity, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,250</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(19,003</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mutual fund administration revenue, net</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,300,658</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,770,705</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_AssetsUnderManagementVariablePerformanceFeesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Assets under management (AUM) subject to variable performance fees and variance performance fees.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_AssetsUnderManagementVariablePerformanceFeesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_MutualFundAdministrationGrossAndNetRevenueTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Mutual fund administration gross and net revenue.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_MutualFundAdministrationGrossAndNetRevenueTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountingPoliciesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountingPoliciesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19279-110258<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (bb)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2C<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=SL7498348-110258<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19190-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>29
<FILENAME>R18.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6766335088">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investment Portfolio (Tables)<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
</tr>
<tr><th class="th"><div>Mar. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract', window );"><strong>Investments, Debt and Equity Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryInvestmentHoldingsTextBlock', window );">Summary of Market Value of Investments</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes the carrying value of these investments as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">As of</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Trading investments:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Securities held in Consolidated Funds</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(a) </sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,452,815</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">57,355,471</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Company sponsored investments</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,459,664</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,245</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Company sponsored equity method investments</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,827,940</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,457,449</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred compensation investments</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,683,617</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,182,470</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Investment portfolio</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">117,424,036</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">108,015,635</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(a) Of the securities held in the Consolidated Funds as of </font><font style="font-family:inherit;font-size:9pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:9pt;">, </font><font style="font-family:inherit;font-size:9pt;">$43.9 million</font><font style="font-family:inherit;font-size:9pt;"> were held directly by the Company and </font><font style="font-family:inherit;font-size:9pt;">$17.6 million</font><font style="font-family:inherit;font-size:9pt;"> were held by noncontrolling shareholders. Of the securities held in the Consolidated Funds as of </font><font style="font-family:inherit;font-size:9pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:9pt;">, </font><font style="font-family:inherit;font-size:9pt;">$42.6 million</font><font style="font-family:inherit;font-size:9pt;"> were held directly by the Company and </font><font style="font-family:inherit;font-size:9pt;">$14.7 million</font><font style="font-family:inherit;font-size:9pt;"> were held by noncontrolling shareholders.</font></div></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentsTextBlock', window );">Equity Method Investments</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table includes the condensed summary financial information from the Company's equity method investments as of and for the period ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:66%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">As of</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">200,584,608</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">189,819,824</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45,863,330</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45,931,979</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">154,721,278</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">143,887,845</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM's portion of net assets</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,711,852</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">41,338,406</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">For the Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2017</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment income</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">458,399</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">355,853</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">370,393</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">62,226</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net realized gains (losses)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,299,286</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(95,785</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net change in unrealized appreciation/depreciation</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,921,247</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,104,266</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,308,539</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,302,108</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM's portion of net income</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,416,849</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">646,565</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentsTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentsTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SummaryInvestmentHoldingsTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the summary of investment holdings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 946<br> -SubTopic 320<br> -Section S99<br> -Paragraph 4<br> -Subparagraph (SX 210.12-12C)<br> -URI http://asc.fasb.org/extlink&amp;oid=50485924&amp;loc=d3e611225-123010<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SummaryInvestmentHoldingsTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>30
<FILENAME>R19.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6775663936">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Compensation Plans (Tables)<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
</tr>
<tr><th class="th"><div>Mar. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract', window );"><strong>Disclosure of Compensation Related Costs, Share-based Payments [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock', window );">Roll-Forward of Outstanding Restricted Stock Grants Issued</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table represents a roll-forward of outstanding Restricted Stock and related activity during the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:72%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Shares</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Weighted-Average</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Grant Date Price</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">per Share</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding Restricted Stock as of December&#160;31, 2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">223,800</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">132.96</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Grants issued</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,700</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">199.46</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Grants vested</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(14,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">126.38</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Grants forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,250</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">67.86</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Outstanding Restricted Stock as of March&#160;31, 2017</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">217,250</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">136.42</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock', window );">Expense Recognition of Deferred Compensation</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The recognition of compensation expense related to deferred compensation over the remaining vesting periods is as follows:</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="27" rowspan="1"></td></tr><tr><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Nine Months&#160;<br clear="none"/>&#160;Remaining In</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td></tr><tr><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2021</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Thereafter</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,845,782</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,773,030</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,036,576</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,364,048</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">872,849</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">907,498</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,799,783</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock', window );">Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table represents stock issued as part of our incentive compensation program during the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-top:6px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:58.86939571150097%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:25%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shares Issued</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Grant Date Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March 31, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19,219</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,892,424</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,940</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,879,431</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule of expense recognition of deferred compensation arrangement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_ScheduleOfExpenseRecognitionOfDeferredCompensationArrangementTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the total intrinsic value of options exercised (or share units converted), share-based liabilities paid, and the total fair value of shares vested during the year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (d)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>31
<FILENAME>R20.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6837618352">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Operating Leases (Tables)<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
</tr>
<tr><th class="th"><div>Mar. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LeasesAbstract', window );"><strong>Leases [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesOfLesseeDisclosureTextBlock', window );">Summary of Total Lease and Operating Expenses</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes the total lease and operating expenses for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, <br clear="none"/>2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, <br clear="none"/>2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">231,463</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">227,349</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font></div></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock', window );">Future Minimum Lease Payments under Operating Leases</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The approximate future minimum lease payments under the operating lease are as follows:</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="27" rowspan="1"></td></tr><tr><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td colspan="27" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Future Minimum Lease Payments</font></div></td></tr><tr><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Nine Months&#160;<br clear="none"/>&#160;Remaining In</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2021</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Thereafter</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">439,762</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">586,350</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">595,807</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">624,179</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">624,179</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,716,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,586,277</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LeasesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LeasesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeasesOfLesseeDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of a lessee's leasing arrangements including: (1) the basis on which contingent rental payments are determined, (2) the existence and terms of renewal or purchase options and escalation clauses, (3) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions.  Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41502-112717<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 10<br> -Section 55<br> -Paragraph 40<br> -Subparagraph (Note 1,3)<br> -URI http://asc.fasb.org/extlink&amp;oid=6584154&amp;loc=d3e38371-112697<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6452660&amp;loc=d3e36991-112694<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41499-112717<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 460<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=6851643&amp;loc=d3e12069-110248<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeasesOfLesseeDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41502-112717<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>32
<FILENAME>R21.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6837596704">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings Per Share (Tables)<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
</tr>
<tr><th class="th"><div>Mar. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareAbstract', window );"><strong>Earnings Per Share [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock', window );">Computation for Earnings Per Share</a></td>
<td class="text"><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table sets forth the computation for basic and diluted EPS and reconciliation between basic and diluted shares outstanding:</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:69%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Three Months Ended&#160;<br clear="none"/>&#160;March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net Income</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,125,448</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,279,879</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: Net income attributable to redeemable noncontrolling interest</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(368,553</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(14,216</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income attributable to common shareholders</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,756,895</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,265,663</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted average number of outstanding shares - Basic</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,428,888</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,388,743</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dilutive impact of restricted stock units</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,441</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,653</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted average number of outstanding shares - Diluted</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,435,329</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,393,396</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earnings per share attributable to common shareholders</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.72</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.73</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.71</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.73</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>33
<FILENAME>R22.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6847721936">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Significant Accounting Policies - Summary of Investments Values Based Upon Fair Value Hierarchy(Detail) - USD ($)<br></strong></div></th>
<th class="th"><div>Mar. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsRecurringMember', window );">Fair Value, Measurements, Recurring</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsFairValueDisclosure', window );">Cash equivalents</a></td>
<td class="nump">$ 58,101,003<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_DeferredCompensationInvestmentsFairValueDisclosure', window );">Deferred compensation investments</a></td>
<td class="nump">18,683,617<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsRecurringMember', window );">Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 1</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsFairValueDisclosure', window );">Cash equivalents</a></td>
<td class="nump">58,101,003<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_DeferredCompensationInvestmentsFairValueDisclosure', window );">Deferred compensation investments</a></td>
<td class="nump">18,683,617<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsRecurringMember', window );">Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 2</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsFairValueDisclosure', window );">Cash equivalents</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_DeferredCompensationInvestmentsFairValueDisclosure', window );">Deferred compensation investments</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsRecurringMember', window );">Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 3</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsFairValueDisclosure', window );">Cash equivalents</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_DeferredCompensationInvestmentsFairValueDisclosure', window );">Deferred compensation investments</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SeedCapitalInvestmentsMember', window );">Company sponsored investments</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading Investments</a></td>
<td class="nump">6,459,664<span></span>
</td>
<td class="nump">$ 20,245<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SeedCapitalInvestmentsMember', window );">Company sponsored investments | Fair Value, Measurements, Recurring</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading Investments</a></td>
<td class="nump">6,459,664<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SeedCapitalInvestmentsMember', window );">Company sponsored investments | Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 1</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading Investments</a></td>
<td class="nump">6,459,664<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SeedCapitalInvestmentsMember', window );">Company sponsored investments | Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 2</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading Investments</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SeedCapitalInvestmentsMember', window );">Company sponsored investments | Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 3</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading Investments</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SecuritiesheldinConsolidatedFundsMember', window );">Securities held in Consolidated Funds</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading Investments</a></td>
<td class="nump">61,452,815<span></span>
</td>
<td class="nump">$ 57,355,471<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SecuritiesheldinConsolidatedFundsMember', window );">Securities held in Consolidated Funds | Fair Value, Measurements, Recurring</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading Investments</a></td>
<td class="nump">61,452,815<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SecuritiesheldinConsolidatedFundsMember', window );">Securities held in Consolidated Funds | Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 1</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading Investments</a></td>
<td class="nump">19,273,313<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SecuritiesheldinConsolidatedFundsMember', window );">Securities held in Consolidated Funds | Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 2</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading Investments</a></td>
<td class="nump">42,179,502<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SecuritiesheldinConsolidatedFundsMember', window );">Securities held in Consolidated Funds | Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 3</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading Investments</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_DeferredCompensationInvestmentsFairValueDisclosure">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Deferred Compensation Investments, Fair Value Disclosure</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_DeferredCompensationInvestmentsFairValueDisclosure</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsFairValueDisclosure">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash<br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash Equivalents<br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsFairValueDisclosure</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TradingSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investments in debt and equity securities and other forms of securities that provide ownership interests classified as trading.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26626-111562<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26610-111562<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Trading Securities<br> -URI http://asc.fasb.org/extlink&amp;oid=6526789<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TradingSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsRecurringMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsRecurringMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SeedCapitalInvestmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SeedCapitalInvestmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SecuritiesheldinConsolidatedFundsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SecuritiesheldinConsolidatedFundsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>34
<FILENAME>R23.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6847430208">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Significant Accounting Policies - Assets under Management (AUM) Subject to Incentive Fees and Incentive Fees (Detail)<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
</tr>
<tr><th class="th">
<div>Mar. 31, 2017 </div>
<div>USD ($)</div>
</th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis=dhil_AssetUnderManagementContractualPeriodEndDateMember', window );">Quarter Ended December 31, 2018</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PrincipleTransactionRevenueLineItems', window );"><strong>Principal Transaction Revenue [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_AssetsUnderManagementVariablePerformanceFees', window );">AUM Subject to Incentive Fees</a></td>
<td class="nump">$ 100,372,212<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults', window );">Potential Variable Fees Based Upon Current Investment Results</a></td>
<td class="nump">650,510<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis=dhil_AssetUnderManagementContractualPeriodEndDate2Member', window );">Quarter Ended September 30, 2019</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PrincipleTransactionRevenueLineItems', window );"><strong>Principal Transaction Revenue [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_AssetsUnderManagementVariablePerformanceFees', window );">AUM Subject to Incentive Fees</a></td>
<td class="nump">33,309,551<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults', window );">Potential Variable Fees Based Upon Current Investment Results</a></td>
<td class="nump">481,397<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis=dhil_AssetUnderManagementContractualPeriodEndDate3Member', window );">Quarter Ended March 31, 2020</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PrincipleTransactionRevenueLineItems', window );"><strong>Principal Transaction Revenue [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_AssetsUnderManagementVariablePerformanceFees', window );">AUM Subject to Incentive Fees</a></td>
<td class="nump">10,957,815<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults', window );">Potential Variable Fees Based Upon Current Investment Results</a></td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis=dhil_AssetUnderManagementContractualPeriodEndDate4Member', window );">Quarter Ended September 30, 2021</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PrincipleTransactionRevenueLineItems', window );"><strong>Principal Transaction Revenue [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_AssetsUnderManagementVariablePerformanceFees', window );">AUM Subject to Incentive Fees</a></td>
<td class="nump">246,450,605<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults', window );">Potential Variable Fees Based Upon Current Investment Results</a></td>
<td class="nump">860,314<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis=dhil_AssetUnderManagementContractualPeriodEndTotalMember', window );">Total</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PrincipleTransactionRevenueLineItems', window );"><strong>Principal Transaction Revenue [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_AssetsUnderManagementVariablePerformanceFees', window );">AUM Subject to Incentive Fees</a></td>
<td class="nump">391,090,183<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults', window );">Potential Variable Fees Based Upon Current Investment Results</a></td>
<td class="nump">$ 1,992,221<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_AssetsUnderManagementVariablePerformanceFees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Assets under management (AUM) subject to variable performance fees and variable performance fees.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_AssetsUnderManagementVariablePerformanceFees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Potential Variable Fees Based Upon Current Investment Results</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_PotentialVariableFeesBasedUponCurrentInvestmentResults</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PrincipleTransactionRevenueLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PrincipleTransactionRevenueLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis=dhil_AssetUnderManagementContractualPeriodEndDateMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis=dhil_AssetUnderManagementContractualPeriodEndDateMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis=dhil_AssetUnderManagementContractualPeriodEndDate2Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis=dhil_AssetUnderManagementContractualPeriodEndDate2Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis=dhil_AssetUnderManagementContractualPeriodEndDate3Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis=dhil_AssetUnderManagementContractualPeriodEndDate3Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis=dhil_AssetUnderManagementContractualPeriodEndDate4Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis=dhil_AssetUnderManagementContractualPeriodEndDate4Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis=dhil_AssetUnderManagementContractualPeriodEndTotalMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PrincipleTransactionRevenueDescriptionOfReportingCategoryAxis=dhil_AssetUnderManagementContractualPeriodEndTotalMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>35
<FILENAME>R24.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6775513136">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Significant Accounting Policies - Mutual Fund Administration Gross and Net Revenue (Detail) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">3 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Mar. 31, 2017</div></th>
<th class="th"><div>Mar. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_MutualFundAdministrationAbstract', window );"><strong>Mutual fund administration:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdministrativeServicesRevenue', window );">Administration revenue, gross</a></td>
<td class="nump">$ 6,436,359<span></span>
</td>
<td class="nump">$ 6,760,870<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FeesAndCommissions', window );">12b-1/service fees and commission revenue received from fund clients</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">2,625,391<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties', window );">12b-1/service fees and commission expense payments to third parties</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(2,328,490)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_FundRelatedExpense', window );">Fund related expense</a></td>
<td class="num">(3,148,951)<span></span>
</td>
<td class="num">(3,268,063)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet', window );">Revenue, net of related expenses</a></td>
<td class="nump">3,287,408<span></span>
</td>
<td class="nump">3,789,708<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_ShareFinancingAbstract', window );"><strong>DHCM C-Share financing:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_BrokerCommissionAdvanceRepayments', window );">Broker commission advance repayments</a></td>
<td class="nump">113,470<span></span>
</td>
<td class="nump">193,310<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_BrokerCommissionAmortization', window );">Broker commission amortization</a></td>
<td class="num">(100,220)<span></span>
</td>
<td class="num">(212,313)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_FinancingActivityNet', window );">Financing activity, net</a></td>
<td class="nump">13,250<span></span>
</td>
<td class="num">(19,003)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_RevenueFromAdministrativeServicesNet', window );">Mutual fund administration revenue, net</a></td>
<td class="nump">$ 3,300,658<span></span>
</td>
<td class="nump">$ 3,770,705<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_BrokerCommissionAdvanceRepayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Broker commission advance repayments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_BrokerCommissionAdvanceRepayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_BrokerCommissionAmortization">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Broker commission amortization.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_BrokerCommissionAmortization</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_FinancingActivityNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Financing activity, net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_FinancingActivityNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_FundRelatedExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fund related expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_FundRelatedExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_MutualFundAdministrationAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Mutual fund administration.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_MutualFundAdministrationAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Revenue from administrative services excluding financial activity net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_RevenueFromAdministrativeServicesExcludingFinancialActivityNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_RevenueFromAdministrativeServicesNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Revenue from administrative services net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_RevenueFromAdministrativeServicesNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Service fees and commission expense payments to third parties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_ServiceFeesAndCommissionExpensePaymentsToThirdParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_ShareFinancingAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>DHCM C-Share financing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_ShareFinancingAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdministrativeServicesRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of revenue from providing administrative services, including, but not limited to, accounting, tax, legal, regulatory filing, and share registration activities of managed funds and investment accounts of independent third parties and related and affiliated entities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AdministrativeServicesRevenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FeesAndCommissions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of fees and commissions from financial services and banking activities and correspondent clearing. Includes fees from depositor accounts, credit cards, merchant discounts, and fiduciary and trust activities, guarantee fees, investment advisory, management, and administrative fees, transfer agent fees, and insurance commissions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04.13)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FeesAndCommissions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>36
<FILENAME>R25.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6845377680">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Significant Accounting Policies - Narrative (Detail)<br></strong></div></th>
<th class="th" colspan="2">3 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Mar. 31, 2017 </div>
<div>USD ($) </div>
<div>Segment</div>
</th>
<th class="th">
<div>Mar. 31, 2016 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2016 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems', window );"><strong>Business Organization And Significant Accounting Policies [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NumberOfOperatingSegments', window );">Number of business segment | Segment</a></td>
<td class="nump">1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllowanceForDoubtfulAccountsReceivable', window );">Allowance for doubtful accounts</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsReceivableRelatedParties', window );">Accounts receivable, related parties</a></td>
<td class="nump">10,900,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10,400,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount', window );">Transfers between fair value levels</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_RollingClientInvestmentPerformancePeriod', window );">Client performance period</a></td>
<td class="text">5 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PerformanceFees', window );">Performance incentive fees</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_AdvanceCommissionsAmortizationPeriod', window );">Advance commissions amortization period</a></td>
<td class="text">12 months<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForUncertainTaxPositionsCurrent', window );">Liability for uncertain tax positions</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SecuritiesheldinConsolidatedFundsMember', window );">Securities held in Consolidated Funds</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems', window );"><strong>Business Organization And Significant Accounting Policies [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading Investments</a></td>
<td class="nump">61,452,815<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">57,355,471<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MoneyMarketFundsMember', window );">Money Market Funds | Fair Value, Inputs, Level 1</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems', window );"><strong>Business Organization And Significant Accounting Policies [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsFairValueDisclosure', window );">Cash equivalents</a></td>
<td class="nump">58,100,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionAxis=dhil_InvestmentAdvisoryServicesMember', window );">Investment Advisory Services</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems', window );"><strong>Business Organization And Significant Accounting Policies [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueFromRelatedParties', window );">Revenue from related parties</a></td>
<td class="nump">24,900,000<span></span>
</td>
<td class="nump">20,300,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionAxis=dhil_MutualfundadministrativeservicesMember', window );">Mutual fund administrative services</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems', window );"><strong>Business Organization And Significant Accounting Policies [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueFromRelatedParties', window );">Revenue from related parties</a></td>
<td class="nump">3,300,000<span></span>
</td>
<td class="nump">$ 2,700,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember', window );">Parent | Securities held in Consolidated Funds</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems', window );"><strong>Business Organization And Significant Accounting Policies [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading Investments</a></td>
<td class="nump">43,900,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">42,600,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementEquityComponentsAxis=us-gaap_NoncontrollingInterestMember', window );">Redeemable Noncontrolling Interest | Securities held in Consolidated Funds</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems', window );"><strong>Business Organization And Significant Accounting Policies [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading Investments</a></td>
<td class="nump">$ 17,600,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 14,700,000<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_AdvanceCommissionsAmortizationPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Advance commissions amortization period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_AdvanceCommissionsAmortizationPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Business Organization And Significant Accounting Policies [Line Items]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_BusinessOrganizationAndSignificantAccountingPoliciesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair Value, Transfers Between Level 1, Level 2, or Level 3, Amount</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_FairValueTransfersBetweenLevel1Level2orLevel3Amount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_RollingClientInvestmentPerformancePeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Rolling Client Investment Performance Period</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_RollingClientInvestmentPerformancePeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsReceivableRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For an unclassified balance sheet, amount of receivables arising from transactions with related parties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(k)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 850<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=6457730&amp;loc=d3e39622-107864<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(3))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 850<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=6457730&amp;loc=d3e39549-107864<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 850<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6457730&amp;loc=d3e39603-107864<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(3)(a)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsReceivableRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AllowanceForDoubtfulAccountsReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For an unclassified balance sheet, a valuation allowance for receivables due a company that are expected to be uncollectible.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=66008989&amp;loc=d3e5074-111524<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AllowanceForDoubtfulAccountsReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsFairValueDisclosure">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash<br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash Equivalents<br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsFairValueDisclosure</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilityForUncertainTaxPositionsCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount recognized for uncertainty in income taxes classified as current.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.20)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilityForUncertainTaxPositionsCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NumberOfOperatingSegments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NumberOfOperatingSegments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PerformanceFees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of revenue earned by the entity based on the investment results achieved. Excludes fees based upon a percentage of the assets under management not performance-related.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04.13 (a))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PerformanceFees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RevenueFromRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of revenue, fees and commissions earned from transactions between (a) a parent company and its subsidiaries; (b) subsidiaries of a common parent; (c) an entity and trusts for the benefit of employees, for example, but not limited to, pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management; (d) an entity and its principal, owners, management, or members of their immediate families; and (e) affiliates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.1(e))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Related Parties<br> -URI http://asc.fasb.org/extlink&amp;oid=16382449<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 946<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-07.1(c))<br> -URI http://asc.fasb.org/extlink&amp;oid=6488393&amp;loc=d3e606610-122999<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RevenueFromRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TradingSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investments in debt and equity securities and other forms of securities that provide ownership interests classified as trading.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26626-111562<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26610-111562<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Trading Securities<br> -URI http://asc.fasb.org/extlink&amp;oid=6526789<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TradingSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SecuritiesheldinConsolidatedFundsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SecuritiesheldinConsolidatedFundsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MoneyMarketFundsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MoneyMarketFundsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionAxis=dhil_InvestmentAdvisoryServicesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionAxis=dhil_InvestmentAdvisoryServicesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionAxis=dhil_MutualfundadministrativeservicesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionAxis=dhil_MutualfundadministrativeservicesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_NoncontrollingInterestMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_NoncontrollingInterestMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>37
<FILENAME>R26.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6847796000">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Investment Portfolio - Summary of Market Value of Investments (Detail) - USD ($)<br></strong></div></th>
<th class="th"><div>Mar. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentHoldingsLineItems', window );"><strong>Investment Holdings [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestments', window );">Company sponsored equity method investments</a></td>
<td class="nump">$ 30,827,940<span></span>
</td>
<td class="nump">$ 36,457,449<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationPlanAssets', window );">Deferred compensation investments</a></td>
<td class="nump">18,683,617<span></span>
</td>
<td class="nump">14,182,470<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Investments', window );">Total Investment portfolio</a></td>
<td class="nump">117,424,036<span></span>
</td>
<td class="nump">108,015,635<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SecuritiesheldinConsolidatedFundsMember', window );">Securities held in Consolidated Funds</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentHoldingsLineItems', window );"><strong>Investment Holdings [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading investments</a></td>
<td class="nump">61,452,815<span></span>
</td>
<td class="nump">57,355,471<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SecuritiesheldinConsolidatedFundsMember', window );">Securities held in Consolidated Funds | Total</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentHoldingsLineItems', window );"><strong>Investment Holdings [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading investments</a></td>
<td class="nump">43,900,000<span></span>
</td>
<td class="nump">42,600,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SecuritiesheldinConsolidatedFundsMember', window );">Securities held in Consolidated Funds | Redeemable Noncontrolling Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentHoldingsLineItems', window );"><strong>Investment Holdings [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading investments</a></td>
<td class="nump">17,600,000<span></span>
</td>
<td class="nump">14,700,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SeedCapitalInvestmentsMember', window );">Company sponsored investments</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentHoldingsLineItems', window );"><strong>Investment Holdings [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading investments</a></td>
<td class="nump">$ 6,459,664<span></span>
</td>
<td class="nump">$ 20,245<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCompensationPlanAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount as of the balance sheet date of assets held under deferred compensation agreements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.17)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredCompensationPlanAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66022249&amp;loc=d3e33749-111570<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.12)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentHoldingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentHoldingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Investments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts as of the balance sheet date of all investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.1(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Investments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TradingSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investments in debt and equity securities and other forms of securities that provide ownership interests classified as trading.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26626-111562<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26610-111562<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Trading Securities<br> -URI http://asc.fasb.org/extlink&amp;oid=6526789<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TradingSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SecuritiesheldinConsolidatedFundsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SecuritiesheldinConsolidatedFundsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_NoncontrollingInterestMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_NoncontrollingInterestMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SeedCapitalInvestmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SeedCapitalInvestmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>38
<FILENAME>R27.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6836582608">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investment Portfolio - Equity Method Investments (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">3 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Mar. 31, 2017</div></th>
<th class="th"><div>Mar. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract', window );"><strong>Investments, Debt and Equity Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets', window );">Total assets</a></td>
<td class="nump">$ 200,584,608<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 189,819,824<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities', window );">Total liabilities</a></td>
<td class="nump">45,863,330<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">45,931,979<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquity', window );">Net assets</a></td>
<td class="nump">154,721,278<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">143,887,845<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets', window );">DHCM's portion of net assets</a></td>
<td class="nump">36,711,852<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 41,338,406<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue', window );">Investment Income</a></td>
<td class="nump">458,399<span></span>
</td>
<td class="nump">$ 355,853<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses', window );">Expenses</a></td>
<td class="nump">370,393<span></span>
</td>
<td class="nump">62,226<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses', window );">Net realized gains (losses)</a></td>
<td class="nump">1,299,286<span></span>
</td>
<td class="num">(95,785)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation', window );">Net change in unrealized appreciation/depreciation</a></td>
<td class="nump">2,921,247<span></span>
</td>
<td class="nump">1,104,266<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss', window );">Net income</a></td>
<td class="nump">4,308,539<span></span>
</td>
<td class="nump">1,302,108<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromEquityMethodInvestments', window );">DHCM's portion of net income</a></td>
<td class="nump">$ 1,416,849<span></span>
</td>
<td class="nump">$ 646,565<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expenses reported by an equity method investment of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_EquityMethodInvestmentSummarizedFinancialInformationExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net change in unrealized appreciation/depreciation reported by an equity method investment of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_EquityMethodInvestmentSummarizedFinancialInformationNetchangeinunrealizedappreciationdepreciation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net realized gains (losses) reported by an equity method investment of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_EquityMethodInvestmentSummarizedFinancialInformationNetrealizedgainslosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets reported by an equity method investment of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=64827811&amp;loc=SL51721683-107760<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33912-111571<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of equity, including noncontrolling interest, reported by an equity method investment of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.g)<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=64827811&amp;loc=SL51721683-107760<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities reported by an equity method investment of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33912-111571<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=64827811&amp;loc=SL51721683-107760<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net income (loss) reported by an equity method investment of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=64827811&amp;loc=SL51721683-107760<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33912-111571<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue from sale of goods and services reduced by sales returns, allowances, and discounts reported by an equity method investment of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=64827811&amp;loc=SL51721683-107760<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the entity's ownership percentage in the investee multiplied by the investee's total equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromEquityMethodInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(12))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66022249&amp;loc=d3e33749-111570<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(13)(f))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeLossFromEquityMethodInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>39
<FILENAME>R28.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6775578688">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Investment Portfolio - Narrative (Detail) - USD ($)<br></strong></div></th>
<th class="th"><div>Mar. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract', window );"><strong>Investments, Debt and Equity Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentsFairValueDisclosure', window );">Fair value of investment</a></td>
<td class="nump">$ 117,400,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems', window );"><strong>Schedule of Trading Securities and Other Trading Assets [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationPlanAssets', window );">Deferred compensation investments</a></td>
<td class="nump">18,683,617<span></span>
</td>
<td class="nump">$ 14,182,470<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByAssetClassAxis=us-gaap_TradingAccountAssetsMember', window );">Trading Securities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems', window );"><strong>Schedule of Trading Securities and Other Trading Assets [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationPlanAssets', window );">Deferred compensation investments</a></td>
<td class="nump">12,800,000<span></span>
</td>
<td class="nump">9,300,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByAssetClassAxis=us-gaap_EquityMethodInvestmentsMember', window );">Equity Method Investments</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems', window );"><strong>Schedule of Trading Securities and Other Trading Assets [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationPlanAssets', window );">Deferred compensation investments</a></td>
<td class="nump">5,900,000<span></span>
</td>
<td class="nump">4,900,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SecuritiesheldinConsolidatedFundsMember', window );">Securities held in Consolidated Funds</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems', window );"><strong>Schedule of Trading Securities and Other Trading Assets [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading Investments</a></td>
<td class="nump">61,452,815<span></span>
</td>
<td class="nump">57,355,471<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember', window );">Total | Securities held in Consolidated Funds</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems', window );"><strong>Schedule of Trading Securities and Other Trading Assets [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading Investments</a></td>
<td class="nump">43,900,000<span></span>
</td>
<td class="nump">42,600,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementEquityComponentsAxis=us-gaap_NoncontrollingInterestMember', window );">Redeemable Noncontrolling Interest | Securities held in Consolidated Funds</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems', window );"><strong>Schedule of Trading Securities and Other Trading Assets [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Trading Investments</a></td>
<td class="nump">$ 17,600,000<span></span>
</td>
<td class="nump">$ 14,700,000<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCompensationPlanAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount as of the balance sheet date of assets held under deferred compensation agreements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.17)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredCompensationPlanAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentsFairValueDisclosure">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value portion of investment securities, including, but not limited to, marketable securities, derivative financial instruments, and investments accounted for under the equity method.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(12))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Trading Securities<br> -URI http://asc.fasb.org/extlink&amp;oid=6526789<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(5))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(6))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 35<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=27723805&amp;loc=d3e24584-111560<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 25<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=65884222&amp;loc=d3e22054-111558<br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Available-for-Sale Securities<br> -URI http://asc.fasb.org/extlink&amp;oid=6505594<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentsFairValueDisclosure</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TradingSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investments in debt and equity securities and other forms of securities that provide ownership interests classified as trading.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26626-111562<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26610-111562<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Trading Securities<br> -URI http://asc.fasb.org/extlink&amp;oid=6526789<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TradingSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByAssetClassAxis=us-gaap_TradingAccountAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByAssetClassAxis=us-gaap_TradingAccountAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByAssetClassAxis=us-gaap_EquityMethodInvestmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByAssetClassAxis=us-gaap_EquityMethodInvestmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SecuritiesheldinConsolidatedFundsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=dhil_SecuritiesheldinConsolidatedFundsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_NoncontrollingInterestMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_NoncontrollingInterestMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>40
<FILENAME>R29.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6836524256">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Investment Portfolio Schedule of Equity Method Investment Ownership (Details)<br></strong></div></th>
<th class="th"><div>Mar. 31, 2017</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=dhil_MidCapFundMember', window );">Mid Cap Fund</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems', window );"><strong>Schedule of Equity Method Investments [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentOwnershipPercentage', window );">Equity Method Investment, Ownership Percentage</a></td>
<td class="nump">23.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=dhil_ResearchOpportunitiesFundMember', window );">Research Opportunities Fund</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems', window );"><strong>Schedule of Equity Method Investments [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentOwnershipPercentage', window );">Equity Method Investment, Ownership Percentage</a></td>
<td class="nump">22.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=dhil_GlobalFundLPMember', window );">Global Fund LP</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems', window );"><strong>Schedule of Equity Method Investments [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentOwnershipPercentage', window );">Equity Method Investment, Ownership Percentage</a></td>
<td class="nump">95.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=dhil_InternationalEquityFundLPMember', window );">International Equity Fund LP</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems', window );"><strong>Schedule of Equity Method Investments [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentOwnershipPercentage', window );">Equity Method Investment, Ownership Percentage</a></td>
<td class="nump">30.00%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentOwnershipPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentOwnershipPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfEquityMethodInvestmentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=dhil_MidCapFundMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=dhil_MidCapFundMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=dhil_ResearchOpportunitiesFundMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=dhil_ResearchOpportunitiesFundMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=dhil_GlobalFundLPMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=dhil_GlobalFundLPMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=dhil_InternationalEquityFundLPMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=dhil_InternationalEquityFundLPMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>41
<FILENAME>R30.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6775939088">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Line of Credit (Details) - The Credit Agreement - Line of Credit<br> $ in Millions</strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
</tr>
<tr><th class="th">
<div>Mar. 31, 2017 </div>
<div>USD ($)</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityLineItems', window );"><strong>Line of Credit Facility [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity', window );">Line of Credit, Remaining Borrowing capacity</a></td>
<td class="nump">$ 25.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage', window );">Line of Credit, Unused Capacity, Commitment fee percentage</a></td>
<td class="nump">0.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=dhil_TheCreditAgreementMember', window );">London Interbank Offered Rate (LIBOR)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityLineItems', window );"><strong>Line of Credit Facility [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1', window );">Line of Credit, Interest rate description</a></td>
<td class="nump">1.50%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage points added to the reference rate to compute the variable rate on the debt instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentBasisSpreadOnVariableRate1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LineOfCreditFacilityLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LineOfCreditFacilityLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.19(b),22(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=dhil_TheCreditAgreementMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=dhil_TheCreditAgreementMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditFacilityAxis=us-gaap_LineOfCreditMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CreditFacilityAxis=us-gaap_LineOfCreditMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>42
<FILENAME>R31.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6847173920">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Compensation Plans - Roll-Forward of Outstanding Restricted Stock Grants Issued (Detail)<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
</tr>
<tr><th class="th">
<div>Mar. 31, 2017 </div>
<div>$ / shares </div>
<div>shares</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward', window );"><strong>Shares</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber', window );">Outstanding shares, Beginning Balance (shares)</a></td>
<td class="nump">201,800<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber', window );">Outstanding shares, Ending Balance (shares)</a></td>
<td class="nump">201,750<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=us-gaap_RestrictedStockUnitsRSUMember', window );">Restricted Stock Units (RSUs)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward', window );"><strong>Shares</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber', window );">Outstanding shares, Beginning Balance (shares)</a></td>
<td class="nump">223,800<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod', window );">Shares issued (shares)</a></td>
<td class="nump">8,700<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod', window );">Grants vested (shares)</a></td>
<td class="num">(14,000)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod', window );">Grants forfeited (shares)</a></td>
<td class="num">(1,250)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber', window );">Outstanding shares, Ending Balance (shares)</a></td>
<td class="nump">217,250<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward', window );"><strong>Weighted-Average Grant Date Price per Share</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue', window );">Weighted-Average Grant Date Price per Share, Beginning of Period (usd per share) | $ / shares</a></td>
<td class="nump">$ 132.96<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue', window );">Weighted-Average Grant Date Price per Share, Grants issued (usd per share) | $ / shares</a></td>
<td class="nump">199.46<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue', window );">Weighted-Average Grant Date Price per Share, Grants vested (usd per share) | $ / shares</a></td>
<td class="nump">126.38<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue', window );">Weighted-Average Grant Date Price per Share, Grants forfeited (usd per share) | $ / shares</a></td>
<td class="nump">67.86<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue', window );">Weighted-Average Grant Date Price per Share, End of Period (usd per share) | $ / shares</a></td>
<td class="nump">$ 136.42<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)(iv)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Weighted average fair value as of the grant date of equity-based award plans other than stock (unit) option plans that were not exercised or put into effect as a result of the occurrence of a terminating event.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)(iii)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)(iii)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)(iii)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)(i)-(ii)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)(i)-(ii)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)(iii)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)(iii)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AwardTypeAxis=us-gaap_RestrictedStockUnitsRSUMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AwardTypeAxis=us-gaap_RestrictedStockUnitsRSUMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>43
<FILENAME>R32.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6766423136">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Compensation Plans - Expense Recognition of Deferred Compensation (Detail) - Restricted Stock Units (RSUs)<br></strong></div></th>
<th class="th">
<div>Mar. 31, 2017 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent', window );">2017 (Remaining Period)</a></td>
<td class="nump">$ 4,845,782<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne', window );">2018</a></td>
<td class="nump">4,773,030<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo', window );">2019</a></td>
<td class="nump">4,036,576<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree', window );">2020</a></td>
<td class="nump">2,364,048<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour', window );">2021</a></td>
<td class="nump">872,849<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive', window );">Thereafter</a></td>
<td class="nump">907,498<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized', window );">Total</a></td>
<td class="nump">$ 17,799,783<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Employee service share based compensation nonvested awards compensation cost not yet recognized current.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Employee service share based compensation nonvested awards compensation cost not yet recognized in year five.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFive</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Employee service share based compensation nonvested awards compensation cost not yet recognized in year four</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearFour</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Employee service share based compensation nonvested awards compensation cost not yet recognized in year one.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearOne</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Employee service share based compensation nonvested awards compensation cost not yet recognized in year three.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearThree</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Employee service share based compensation nonvested awards compensation cost not yet recognized in year two.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedInYearTwo</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Unrecognized cost of unvested share-based compensation awards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (i)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AwardTypeAxis=us-gaap_RestrictedStockUnitsRSUMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AwardTypeAxis=us-gaap_RestrictedStockUnitsRSUMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>44
<FILENAME>R33.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6766333552">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Compensation Plans - Schedule of Grants Issued and Grant Date Fair Value (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">3 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Mar. 31, 2017</div></th>
<th class="th"><div>Mar. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation', window );">Issuance of stock grants</a></td>
<td class="nump">$ 3,892,424<span></span>
</td>
<td class="nump">$ 3,879,431<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementEquityComponentsAxis=dhil_SharesOutstandingMember', window );">Shares Outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod', window );">Shares issued (shares)</a></td>
<td class="nump">19,219<span></span>
</td>
<td class="nump">21,940<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember', window );">Common Stock</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod', window );">Shares issued (shares)</a></td>
<td class="nump">19,219<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation', window );">Issuance of stock grants</a></td>
<td class="nump">$ 3,892,424<span></span>
</td>
<td class="nump">$ 3,879,431<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)(iii)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Value of stock (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of stock value of such awards forfeited. Stock issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5047-113901<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (d)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=dhil_SharesOutstandingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=dhil_SharesOutstandingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>45
<FILENAME>R34.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6836603088">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Compensation Plans - Narrative (Detail) - USD ($)<br></strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Mar. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationEquity', window );">Deferred Compensation Equity</a></td>
<td class="nump">$ 17,799,783<span></span>
</td>
<td class="nump">$ 17,728,106<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent', window );">Deferred compensation liability</a></td>
<td class="nump">$ 18,683,617<span></span>
</td>
<td class="nump">$ 14,182,470<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=dhil_EquityAndCashIncentivePlanMember', window );">2014 Equity and Cash Incentive Plan</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant', window );">Common shares available for issuance (in shares)</a></td>
<td class="nump">383,177<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RangeAxis=us-gaap_MinimumMember', window );">Minimum</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod', window );">Deferred Compensation Arrangement, Fully Vested Employee Elected Deferral Period</a></td>
<td class="text">5 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Deferred Compensation Arrangement, Fully Vested Employee Elected Deferral Period</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCompensationEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Value of stock issued under share-based plans to employees or officers which is the unearned portion, accounted for under the fair value method.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.30)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 35<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66904339&amp;loc=d3e4534-113899<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredCompensationEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate carrying value as of the balance sheet date of the liabilities for all deferred compensation arrangements. Represents currently earned compensation under compensation arrangements that is not actually paid until a later date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AwardTypeAxis=dhil_EquityAndCashIncentivePlanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AwardTypeAxis=dhil_EquityAndCashIncentivePlanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RangeAxis=us-gaap_MinimumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RangeAxis=us-gaap_MinimumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>46
<FILENAME>R35.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6836878288">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Operating Leases - Summary of Total Lease and Operating Expenses (Detail) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">3 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Mar. 31, 2017</div></th>
<th class="th"><div>Mar. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LeasesAbstract', window );"><strong>Leases [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesRentExpenseNet', window );">Lease and operating expenses</a></td>
<td class="nump">$ 231,463<span></span>
</td>
<td class="nump">$ 227,349<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LeasesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LeasesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeasesRentExpenseNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Rental expense for the reporting period incurred under operating leases, including minimum and any contingent rent expense, net of related sublease income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41499-112717<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeasesRentExpenseNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>47
<FILENAME>R36.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6775550496">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Operating Leases - Future Minimum Lease Payments under Operating Leases (Detail)<br></strong></div></th>
<th class="th">
<div>Mar. 31, 2017 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LeasesAbstract', window );"><strong>Leases [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear', window );">Remainder of 2017</a></td>
<td class="nump">$ 439,762<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears', window );">2018</a></td>
<td class="nump">586,350<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears', window );">2019</a></td>
<td class="nump">595,807<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears', window );">2020</a></td>
<td class="nump">624,179<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears', window );">2021</a></td>
<td class="nump">624,179<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter', window );">Thereafter</a></td>
<td class="nump">1,716,000<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDue', window );">Total future lease payments due</a></td>
<td class="nump">$ 4,586,277<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LeasesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LeasesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of required minimum rental payments for leases having an initial or remaining non-cancelable letter-terms in excess of one year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 10<br> -Section 55<br> -Paragraph 40<br> -Subparagraph (Note 3)<br> -URI http://asc.fasb.org/extlink&amp;oid=6584154&amp;loc=d3e38371-112697<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41502-112717<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeasesFutureMinimumPaymentsDue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41502-112717<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 10<br> -Section 55<br> -Paragraph 40<br> -Subparagraph (Note 3)<br> -URI http://asc.fasb.org/extlink&amp;oid=6584154&amp;loc=d3e38371-112697<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41502-112717<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 10<br> -Section 55<br> -Paragraph 40<br> -Subparagraph (Note 3)<br> -URI http://asc.fasb.org/extlink&amp;oid=6584154&amp;loc=d3e38371-112697<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41502-112717<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 10<br> -Section 55<br> -Paragraph 40<br> -Subparagraph (Note 3)<br> -URI http://asc.fasb.org/extlink&amp;oid=6584154&amp;loc=d3e38371-112697<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 10<br> -Section 55<br> -Paragraph 40<br> -Subparagraph (Note 3)<br> -URI http://asc.fasb.org/extlink&amp;oid=6584154&amp;loc=d3e38371-112697<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41502-112717<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 10<br> -Section 55<br> -Paragraph 40<br> -Subparagraph (Note 3)<br> -URI http://asc.fasb.org/extlink&amp;oid=6584154&amp;loc=d3e38371-112697<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41502-112717<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the remainder of the fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>48
<FILENAME>R37.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6775896496">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Operating Leases - Narrative (Detail)<br> $ in Millions</strong></div></th>
<th class="th" colspan="1">3 Months Ended</th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Mar. 31, 2017 </div>
<div>ft&#178; </div>
<div>Location</div>
</th>
<th class="th">
<div>Dec. 31, 2016 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LeasesAbstract', window );"><strong>Leases [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_LesseeLeasingAgreementsOperatingLeasesAreaunderLease', window );">Area of operating lease | ft&#178;</a></td>
<td class="nump">37,829<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_LesseeLeasingAgreementsOperatingLeasesLocations', window );">Number of office space locations | Location</a></td>
<td class="nump">1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_OperatingLeaseExpenseExcludingRent', window );">Operating lease expense excluding rent | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0.4<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_LesseeLeasingAgreementsOperatingLeasesAreaunderLease">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Lessee Leasing Agreements, Operating Leases, Area under Lease</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_LesseeLeasingAgreementsOperatingLeasesAreaunderLease</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:areaItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_LesseeLeasingAgreementsOperatingLeasesLocations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Lessee Leasing Agreements, Operating Leases, Locations</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_LesseeLeasingAgreementsOperatingLeasesLocations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_OperatingLeaseExpenseExcludingRent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Operating Lease Expense Excluding Rent</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_OperatingLeaseExpenseExcludingRent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LeasesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LeasesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>49
<FILENAME>R38.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6836832784">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income Taxes - Narrative (Detail) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">3 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Mar. 31, 2017</div></th>
<th class="th"><div>Mar. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxDisclosureAbstract', window );"><strong>Income Tax Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Income tax expense (benefit)</a></td>
<td class="nump">$ 6,497,270<span></span>
</td>
<td class="nump">$ 5,171,776<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateContinuingOperations', window );">Effective tax rate</a></td>
<td class="nump">33.10%<span></span>
</td>
<td class="nump">35.80%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate', window );">Federal statutory income tax rate, percent</a></td>
<td class="nump">35.00%<span></span>
</td>
<td class="nump">35.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount', window );">Effective income tax rate reconciliation, share-based compensation, excess tax benefit (tax shortfall), Amount</a></td>
<td class="nump">$ 400,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dhil_EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount', window );">Effective income tax rate reconciliation, tax benefit due to donation of appreciated securities, Amount</a></td>
<td class="nump">100,000<span></span>
</td>
<td class="nump">$ 100,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsValuationAllowance', window );">Valuation allowance</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity', window );">Income tax effects allocated directly to equity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (5,200,000)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Effective Income Tax Rate Reconciliation, Share-based Compensation, Excess Tax Benefit (Tax Shortfall), Amount</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dhil_EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Effective Income Tax Rate Reconciliation, Tax Benefit Due To Donation Of Appreciated Securities, Amount</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dhil_EffectiveIncomeTaxRateReconciliationTaxBenefitDueToDonationOfAppreciatedSecuritiesAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dhil_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsValuationAllowance">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32537-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsValuationAllowance</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32698-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(h)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32687-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of domestic federal statutory tax rate applicable to pretax income (loss).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32687-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB TOPIC 6.I)<br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32698-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxDisclosureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The sum of the tax effects of all items occurring during the period that have been charged or credited directly to other comprehensive income or to related components of shareholders' equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 20<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=65896914&amp;loc=d3e39076-109324<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32672-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 20<br> -Section 45<br> -Paragraph 2<br> -Subparagraph (d),(e)<br> -URI http://asc.fasb.org/extlink&amp;oid=65896914&amp;loc=d3e38679-109324<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a),(b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32639-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Income Tax Expense (or Benefit)<br> -URI http://asc.fasb.org/extlink&amp;oid=6515339<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>50
<FILENAME>R39.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.7.0.1</span><table class="report" border="0" cellspacing="2" id="idp6766662656">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings Per Share - Computation for Earnings Per Share (Detail) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">3 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Mar. 31, 2017</div></th>
<th class="th"><div>Mar. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareAbstract', window );"><strong>Earnings Per Share [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProfitLoss', window );">Net Income</a></td>
<td class="nump">$ 13,125,448<span></span>
</td>
<td class="nump">$ 9,279,879<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest', window );">Less: Net income attributable to redeemable noncontrolling interest</a></td>
<td class="num">(368,553)<span></span>
</td>
<td class="num">(14,216)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS</a></td>
<td class="nump">$ 12,756,895<span></span>
</td>
<td class="nump">$ 9,265,663<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract', window );"><strong>Weighted average shares outstanding</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic', window );">Basic (in shares)</a></td>
<td class="nump">3,428,888<span></span>
</td>
<td class="nump">3,388,743<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements', window );">Dilutive impact of restricted stock units (in shares)</a></td>
<td class="nump">6,441<span></span>
</td>
<td class="nump">4,653<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding', window );">Diluted (in shares)</a></td>
<td class="nump">3,435,329<span></span>
</td>
<td class="nump">3,393,396<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasicAndDilutedAbstract', window );"><strong>Earnings per share</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasic', window );">Basic (USD per share)</a></td>
<td class="nump">$ 3.72<span></span>
</td>
<td class="nump">$ 2.73<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareDiluted', window );">Diluted (USD per share)</a></td>
<td class="nump">$ 3.71<span></span>
</td>
<td class="nump">$ 2.73<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 55<br> -Paragraph 52<br> -URI http://asc.fasb.org/extlink&amp;oid=65016374&amp;loc=d3e4984-109258<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(19))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1252-109256<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(21))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(23))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasicAndDilutedAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareBasicAndDilutedAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareDiluted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(19))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1252-109256<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(21))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(23))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareDiluted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28A<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1500-109256<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Net Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831255<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(18))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Other Comprehensive Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831270<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(20))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of Net Income (Loss) attributable to noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 55<br> -Paragraph 4J<br> -URI http://asc.fasb.org/extlink&amp;oid=65897068&amp;loc=SL4591551-111686<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1A<br> -Subparagraph (a)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=64809438&amp;loc=SL4573702-111684<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLossAttributableToNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 55<br> -Paragraph 4K<br> -URI http://asc.fasb.org/extlink&amp;oid=65897068&amp;loc=SL4591552-111686<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 19<br> -URI http://asc.fasb.org/extlink&amp;oid=68079674&amp;loc=SL4569616-111683<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1A<br> -Subparagraph (c)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=64809438&amp;loc=SL4573702-111684<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 55<br> -Paragraph 4J<br> -URI http://asc.fasb.org/extlink&amp;oid=65897068&amp;loc=SL4591551-111686<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1A<br> -Subparagraph (a)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=64809438&amp;loc=SL4573702-111684<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 16<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1505-109256<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1448-109256<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Weighted-Average Number of Common Shares Outstanding<br> -URI http://asc.fasb.org/extlink&amp;oid=6528421<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>51
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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MMWF\81AU8\K(XK%T-8943OTJDH\ Q:X831F:3LTXXFBD(3^ G/,6+V2?$9/
M-(X'P"J8%EQV^3O8:W7..7AKQ%/25V^9"CGIYFHQ*/B76_..7+8\#?NW_+""
MWTG] E!+ P04    " #V@)I*13WX6>\    K @  $0   &1O8U!R;W!S+V-O
M<F4N>&ULS9)12\,P$,>_BN2]O:33#D+7%\4G!<&!XEM(;EM8TX3DI-VWMXU;
MA^@'\#%W__SN=W"-#E+[B"_1!XQD,=V,KNN3U&'##D1! B1]0*=2.27ZJ;GS
MT2F:GG$/0>FCVB-4G-?@D)11I& &%F$ALK8Q6NJ(BGP\XXU>\.$S=AEF-&"'
M#GM*($H!K)TGAM/8-7 %S##"Z-)W <U"S-4_L;D#[)P<DUU2PS"4PRKGIAT$
MO#\_O>9U"]LG4KW&Z5>RDDX!-^PR^6UU_[!]9&W%Q;K@MT55;T4M>2WOUA^S
MZP^_J[#SQN[L/S:^"+8-_+J+]@M02P,$%     @ ]H":2IE<G",0!@  G"<
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M.AQG0GS/]O:1I24RS^_Y"NM./&<?5I:P7<_/Y)Z,<B.[W?98??9/1VXCUZG
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M7)'(-4Z4</WOG6Y<T&:,(E$:_#8\ZU8_^V$FS4>;VQ"-AF@RA,E#0SP:8L.
M!C*=ZF<L\*Y@M/?8<%H=5B]%N(GE9I[4H-X[/2>SY7+TODM6!;JK.*-D/TBB
MF21:*DJ'(IXD2*X_041.B$C[XSG$VNV/G?Y8^Y.9/PV,)!R2T,CBH61!D3@I
M$MMO;-1^D*1:TFI)'NB?@?*Q;L&3.GE2FR<V>%)KG3A)XB T=*5+%X9IFKEY
M,B=/9O,D!D_VGSPNW0.>W,F3VSRIP9-;ZX3.\_I8M^!9.7E6-D]F\#@DYEO\
M4+*@6#LIUK8_-R@<$I/BH61!(6N \UX*[ C6Q118VQX%86Y^^Z5;M[).!\TN
M357%?F!VK5ON':F0]Z^^)2^4"I Q@R<9K9*%<^H0N C5S&6;#=5CZ C:C941
M3>5Y]P]02P,$%     @ ]H":2A_'M:3, P  A \  !@   !X;"]W;W)K<VAE
M971S+W-H965T-"YX;6Q]E]N.HT80AE\%<;\#U:=J1K:EL:,HD1)IM-$FUXS=
M/F@Y.(#'F[=/<U@OTU6L9!EH_NK^JNG^H5;WNOG:GIWKHF]E4;7K^-QUU^<D
M:?=G5^;M4WUUE;]SK)LR[_QE<TK::^/RPQ!4%HE(4Y.4^:6*-ZNA[;79K.I;
M5UPJ]]I$[:TL\^:_K2OJ^SJ&^'O#Y\OIW/4-R69US4_N+]=]N;XV_BIY]'*X
ME*YJ+W45->ZXCE_@>2=T'S H_KZX>SL[C_I4WNKZ:W_Q^V$=ISV1*]R^Z[O(
M_>'=[5Q1]#UYCG^G3N/'F'W@_/Q[[[\.R?MDWO+6[>KBG\NA.Z]C&T<'=\QO
M1?>YOO_FIH1T'$W9_^'>7>'E/8D?8U\7[? ?[6]M5Y=3+QZES+^-QTLU'._C
M'6.G,#Y 3 'B$0#ZIP%R"I _ M20_$@VI/I+WN6;55/?HV9\6M>\7Q3P+/UD
M[OO&8>Z&>S[;UK>^;W2V2M[[?B;)=I2(F00>BL1W_AA!<"-L!0D7'P?8485)
M^1$DFX,<XN4\?H%0L?%JB%?S^ !Q.TIPD%2#1(*54B$$N5"A,,8:M)HGTBR1
MID0R(!HE>DXD_>;5-@!B=(@II@L\AN4QE$<%/(:.HT$J$,%RVC'"5&E4V<(S
M1Y8(Z3-?R,BR\99F9(*,+ $%:3 #%6;$"(7,+*:6)\I8HHP284"4T:E3U@+H
M (CJA+(:EG8%I+PUI)3(AMZ0TMS](T<(YX@19ID$(1:0%MP**!*Q*Z!(J=\9
M8$(D*K1HTMDZ^(C$VML+"(*$:8@D*%+F9TEG9)H8I4$M4XT+5+PE@J14$%))
M.I:VTOC10BI&*3%52LH%*MYH@3HMADX[:3X:EC5@0V-CA*A0+*XHWFF!6BV&
M5@O40R$S0B 0)D:IE-]Y>L&<@/=;H(:+H>$"-=)/1F4HPN6WXY0:$!"7ECKO
MN8"42H=4R"P5$%HI,E=4F0GTMIDM0/%&#M3),71RH []21JKM0R9&"$H 4OS
MQ#LY4"O'T,HG#7YX:: V-@O-G%%FPFAC%O:>X-U<I.2-B0OO)\&;KZ#FBZ'Y
M3AH[W[U/X1[?,2KQA$OY\+XKJ._:T'<G34 3?K(QJI_0\'XKZ#>H7?I*YKU1
M4&^TH3<*QAN5L)9X(R>4UJ):RHHW1T'-T8;F*)@/3"6U)-]]G%!F_A=NKF16
MNY2N.0UE7AOMZUO5]67"K/512KZ(OO8)VK>^Q!P+PA_=C/7IGWESNE1M]%9W
MOK(:ZI]C77?.<Z9/GO#L2^+'1>&.77^*_KP9Z\+QHJNO4\V;/ KOS?]02P,$
M%     @ ]H":2IA_Y=ZI P  *@\  !@   !X;"]W;W)K<VAE971S+W-H965T
M-2YX;6R-5^]OXD80_5>0O^>\LS^\NQ$@'215*[52=*>VGQU8 CH;4]L)U_^^
M:^-0/#.^W!>PS9MY;V:]C]GYN:J_-?L0VMGWLC@VBV3?MJ?[-&TV^U#FS:?J
M%([QEUU5EWD;;^N7M#G5(=_V06612B&RM,P/QV0Y[Y\]U<MY]=H6AV-XJF?-
M:UGF];^K4%3G10+)^X,OAY=]VSU(E_-3_A*^AO;/TU,=[])KENVA#,?F4!UG
M==@MDL]P_RA5%] C_CJ$<W-S/>M*>:ZJ;]W-;]M%(CI%H0B;MDN1QZ^WL Y%
MT66*.OX9DB97SB[P]OH]^R]]\;&8Y[P)ZZKX^[!M]XO$);-MV.6O1?NE.O\:
MAH),,ANJ_SV\A2+".R618U,53?\YV[PV;54.6:*4,O]^^3X<^^_SD/\]C ^0
M0X"\!H#^88 : M3/!N@A0%\#I/]A@!D"S/\,KF_OI?:^F0]YFR_G=76>U9?W
MX91WKQW<F[A<F^YAOSK];[&?37SZMG1ZGKYU>0;(Z@*1MQ SAJP92#:&/# 0
M.X8\,A!WA:2QC&LMDJU%]O'Z-MZC6BX0TT../41I &.0VO7'N)$>Q>I11(\7
M2,\%8F]X0'DI=:1"BABD\-(K)Q3J-$7>@;72@4!5/E*DMIEQVDRT7;-EZCZ+
MNBT3^'C#QAO:)HF*-V0YP$0SY%DREB6C+*AQJXRPH.5:9W01K#)*XI>=9KK#
MP)%DRTJV5#+>FY9IC'5.(MS#Q[B1'L?J<50/?DL=Y?$2/,_B619/65![5Y[N
M3N>EQE6O/5DNC!OI <%;I*"*+#9 021)82=6&R:L&"B/PUX,A$>#]\9A/4"W
M]A@W5L0;*E!']1XS4:N\4W;*N(%W2J!6"0)[Y0 :,5F?>8EW*3 .B(!C4;RO
M@69$ >;2S%:79HJ)=T"@%@A"XO*I"9+"#2W<:2?1+GU@4HUA8]&\H0)U5,#_
M12M@'%-:DSGL'(] /9,@Q[)XTP3JFB#(2$/]4&FM!"C<T8^!8U&\<P*U3A &
MBW*T5\8*:Y3"XPD'!:V-MQF9NRBT&P>\MT[A):#03,11)/YQ353+.SA0"R>S
MQPJHB8-R6F23,Q_OSE*0\0.$G4C!&Z^DQ@L".Z^DSJLR9Z9:(R=&5.JH<8S#
M5-12X[#C;W?7F(LW5<F8*F!3E<Q<F4EP\2U'9.G-D:([1?Z1UR^'8S-[KMIX
M.NG/$+NJ:D/,*CY%[?MX<+W>%&'7=I<V7M>7T]OEIJU.P\DTO1Z/E_\!4$L#
M!!0    ( /: FDJG9O>S]@0  $47   8    >&PO=V]R:W-H965T<R]S:&5E
M=#8N>&ULA9AA;^(X$(;_"N([BSWCV'%%D0JGTYUT)ZWVM'>?4W +6B!<DI:]
M?W].H"P=O^ZJ4B'A]?B=2?)XXMFI;KZUFQ"ZT??][M#>CS===[R;3MO5)NRK
M]E-]#(?XRU/=[*LN'C;/T_;8A&H]#-KOIJ24G>ZK[6$\GPWG/C?S6?W2[;:'
M\+D9M2_[?=7\MPB[^G0_UN.W$U^VSYNN/S&=SX[5<_@K=%^/GYMX-+U&66_W
MX=!NZ\.H"4_WXP=]MS2J'S H_MZ&4WOS?=2G\EC7W_J#W]?W8]4["KNPZOH0
M5?QX#<NPV_61HH]_+T''USG[@;??WZ+_.B0?DWFLVK"L=_]LU]WF?ER.1^OP
M5+WLNB_UZ;=P2:@8CR[9_Q%>PR[*>R=QCE6]:X?_H]5+V]7[2Y1H95]]/W]N
M#\/GZ1+_;1@>0)<!=!T0Y_YH %\&\(\!9DC^[&Q(]9>JJ^:SICZ-FO/5.E;]
M3:'O.!9SU9\<:C?\%K-MX]G7N=9Z-GWM UTTB[.&;C57Q31&OTY!:(H%)</I
M_03+5&$5GH%A$CR,YW=)$ Y@8  S!##O K"HPEGC!LWAK&%-A3&ER"85>G*^
M=!X[*J"C J1D<  + UB04B%2.FN*&Z>DG4L22F7:$KL2VW'0C@-VK+#CTGE\
MK%LI;Y=41\HZY3,%+J&A$AARPE"93#0AXPV+.BY3G2YM087#ACPTY($A<246
M/IG(>A\OF!>&4IV/UXLS!=(*HT$!1UZR0:4U*I0B*5PBH2Z*>.4RIC*\TJDI
M4M*43N=B]F2E<HF43D5MKE00<0^:@*L$HP0JP%J5*G&5*C,\U!B(FH$?DGX8
M^"%61CDK#2$I&U<JFRL4!JT&I"5)VHOH=C93J,@_)VVE0J*2C<]5"[-6%\"4
MD::*#Z[)Q4XJF1A6;"FS7FJ,;@W839+=.J5RXB>53#S%IS-7'HQN#=A-DMTZ
MA?)$ETRE9>D**55A2Y>K$@:X!@0G27"=HMG%"EBEI2O >J,B,2BSZFI,<>W3
MA9LR*R5A[A+@+DGN$L"I=2R7^"72:65MD4F+,'8)8)<E=@G U,9:Q]FD*Z34
MS&7NUB3,70+<9<E=2FD:V\/X8,H^!PAM_[1D36'X$H O2_@2(&J<BZU+FN-4
M284O3&;=) Q>,NE]R9P)@3%) ),L,4F @<Y;GZR\2%C&YE/E&@+"L"0$R\35
MSV$))!^RFS L"<%2LIM2!"9V4LE'Z";,2 *,E-WK@E+T6>=*V7PN@6Y2#C#-
M>,*$)-#HLEQ.*.U@)['YU"IY.H#0L%/&%-@58^BR L]'IG]GS$A&C)0=/*?D
MH[ALE7+E6@+AI(R6;MNE]ZXP(ADA4JXFG)*O<+J,+U^R$X1*$_]<KEB95W8
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MYXW=\T%7'R^;UM/KSOG\?U!+ P04    " #V@)I*O$7=.[$!  #2 P  &
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M-N#+IO[7U@9 *9L['*$6/]AL**A#/![P[,8Q&XU@N^D'L?D;%[\ 4$L#!!0
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M<(]Z_ :IGFN,4O'?X0+"AP<E/D>EA8TKJ@;KM$PL7HIDK]/.5=S'=+-/L'4
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MLTHE%&@GC"86ZIS>;P['7<!'P+. P2W.)%1R-N8U&-^KG"8A(9!0^J# <;O
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M@\V&A-J'XQ[/=ARST?"FFWX0F[]Q\0=02P,$%     @ ]H":2O^:Q]^T 0
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M$^+Q#L]N&K/)"+:??Q!;OG'Y"U!+ P04    " #V@)I*2U2G/H8"  #<"0
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M*N.V'^Q>30,S!4;V\UM E@<I_P-02P,$%     @ ]H":2CS2-^#& 0  -P0
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M!_]C.%NTV,I2]PJTZXTF%IJ"/J3'TR'$QX"?/4QN<R:ADHLQS\'X4A<T"8)
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M);2<?Z>='T2ZO5[D8J>:TTB?5]T;BNY"R6/_]L6[O@):_0-02P,$%     @
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M&@*Z="[:48O9-!CH84B'<)3W+@1@(38P,H> #4-L,8PWQ#Q@&!\G0M%<:>V
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M'X207!%U[]3[.ZG383=(^4'J6W68L<KFB-0,I"C:XY_3G4'7_P%02P,$%
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M;H/P$]NQ#WI8)10OHV"'(L"B@;\@ 7L4 28-9O]$75 RJA;YV$D7]BZ";8H
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M2T20-JFJ5FJE:*NVSPY, EJ#J>V$[=_7-H0EQ*GV);YPYLPYXWB<]8R_B@I
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M->=#1QT6DG7C:^%-3U;^#U!+ P04    " #V@)I*)OM8&-T!  !H!   &0
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MAO(X&MQ_9S=6:[A1HG,<>"WM;W2X2L6;@45+:>AK?ZU:>[WW3XI\" L'P"$
MC@'@_P%H"$#O 9DUWRNS5C]31==+P>^1Z%>KHV93@ >DBWDPD[9V]IEV*_7L
M;8U(MDQNAFC ;'L,G&# B$@T^Y@"AE)LH1<./R;8^0B<AC.@H EDX]%48#%#
MD 4),DN030D <JK08PJ+:7L, C#/,N*X\8$E+$I2E&%%>5!1[BDJL".HA^23
M/)\0)GGN"-\%<""# (?EX* <[,LI'#G8KP\L<DS*W-'C TN(<XQ16% 1%%1X
M2TYF-B4)QA//$'%VY99X=4,9)/KC^ G@$"%%-N.G#.HI/3V(.(7;EEXBG&7
M4>.#,IS/2 %I^$Q(_>*X_X8!\[$Z*$>P=/2$@*C4WYG]!V;.*> M.")S%,%S
M: .@OXE+UU:/(5.UB\(]KP(HN"CFBAP^LP#RBYRZ:E!(C;OB 51 33+I" T3
M9]L\973@UU:9LW<R.S;H#30=Q9G?FL9M.\T[3=_U?U!QKEH9/7.E^Y7M*B?.
M%=,BTX7> !?]HC$.:G92YE;WQ4CTW;8?*-X-;Q+)^#JS_@=02P,$%     @
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M+:)S>.\A+X)YSJ;3%'Z'7V?\9-."\^424.AVDT^_Q-$MX77T<;LI-X!LV2I
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MP]F'\SU0^DP6%I2%?KM0$'(")@S( A PQTC4E_(3GL0,M5>D^O0-X>$F/SE
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MSDNI:B1>$R"5D&:. FX18D=GTF_'2 *3)=--5(Z.\%M\XNB$)_</@A>!K K
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MFO&*F:"6&H/K5W7Y"&]7L[J+E6BS)'#VB*S-*@X"OC.69B=RVZ 8WM=RNQ(
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MN:,T(W]IC81QL%XGXYHDGKDD5F&$(:>H4-80TST]OUT9ENR5@+,$T2UV-M%
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M="6U5H-EVH6,,"L;*[NHL91V]Y?@J[/;>9:CH->K+7C)3K! U6776+/$71W
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MN1"S;9/K%30U35Y!&)E1N44[G[JL^OKXA^XES>+KL,)30R$HH&2.?%YRR"@
M$7&R5$91*S10Z-6][N-9*AZH&KWH2VP2#-5<3OA <[0)-HR1@-HF$1)'32&A
M-H>?,\C9<&CAX9]!R;73<"+)M:IF QEC-'8DW&[<@W4["=T+IL*!B25D([5S
M3=EM>HT_*TAT(%(<RBB'+V24 R7G'\0H!ZWQ'D9)3_Q5&.5_#Z\P*O&36&&J
M'.M_"'OU<@"P_5,@+HA?6]A%]70/54(0@QQ 1-OF"\Z-,SC:$C-(I)W$W2,G
MN=7G;ID$6MO;A4@'AAH7/(QH)[9IC^]-9 \4=9>0I"Z32."#Y3X%"OV5JTWL
M3,]B(Z-MJ2VSJXZYM#XS+6A[<R;A&[L @X>Y,3 (_=K4YG<9%*W/P/A[YYG5
M&MV;=/M57K_:FK8 K5VY+C$1Q&F1W:><L^P,R(B=)940I/+(JC*8:<Z4JGCL
M(%XT2!;0(^!E]+)BJ&@'P:ZJ>='WU,J7B%0*.,+CZ>ISI0N.1RDC57/'E5+8
M<6.JC8HT)J.=%^H;ZZ;<MLQ1YFP3MO)EIA.#*#%S.BVVTNV8]R#E?VP6F/0[
MQ@ *)U3ZF4]UR%'?W:&J389I0/N?V*&<UCRLMF_-<LT9/BHTB4IJ[_(QZO2$
MVC0=>KDE>4V4FZK2@"K5]9R LWG*3[GC,$<>-7I9*YT1.8'H:]I@C4K9.;<Q
M1;PP2TI"G^"H[NO7*,EP*RP!(>F<(IJ'+Y0!-/<DUV-DS:6)K.GTXDYW$/?)
MEX+5F2?H+J X^]<Z!J?:>VU_B]GHN#<<QX,!IF^CU[(+4Y_L&E+[QTRY*%A@
M-QX-AO%X,N %#@?Q<-BS+MJ:/#*-5P*<4T&&7MSOCN/Q&+/@>^-Q/.KW.$>,
M&G/:6/@&C_\0P-2)^O%P\/+Y328:K* WB'O=":X 4^<G0Y>3YU+O#H$-;^E5
MU&N-T#K7;8UZ=AKZMB/?UL1%V'YI%'"0$X%C->A%#Q]FNMH]A&<) %1=KCC9
MBGJS4+AP'K1,LXX;+KSB.JCIE"P=I\?14E1&,"FH5[W(O9DMW99(,TC^<K;E
M]W(M[0#7I-<R%B_P_X&Y4A=_XG)BDI0;Z=920&@R;)T*:Q'60@9>S$U% 4UZ
MS,%J/(N)=*5WAO15SG6BS118@(5]CY7RV%;\FE)Q0^D2:SI:8WT'$O>,9>#
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M9RJF^8"\J)<([CJT4>E_5N?:[8MBAW-3>_%?BGR[)@&_51^2R.D)H@':0'1
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MP998L2](0M)V9=574\5'M01VY%* Y&<HFZ@-16YX\4W[1^17=1\HT#*$@.:
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M, %5Q3.FJ*;AV2=ZCR(.5^G#E ?WM[G?U355FLH)[#EX[K[(DQD[JE"5I?P
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MQG&3'?A="'7V<EL;A:4BVV@ZQV."&TR1E50YJ*%,A'LHC1D45HZB965'+>O
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M;W)S*$C+])U=H@LF>+0_6N'18IBU'"@2/-J?(*<MOW0%QR=Q^@U02P,$%
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M1SV'F)A^6&3]M&#>UJZ&0=R]5+(*,3']L,CZ:<'<-7GG)L3$],.BZV>W*G"
MZ*,SQ,3TPR+KIV7(WB6^7]7.%PXQ,?VP1C_I]F='(>;@B^(!'F'A?,[+?&J(
MWVQ6:_H#/Y&:UV5Y#><>U9WFS>\)7\?VS\KE/U!+ P04    " #V@)I*@TE%
MA9X!  !*&   &@   'AL+U]R96QS+W=O<FMB;V]K+GAM;"YR96QSQ=D];L)
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MS"HO:-:N36NEF[](/HQ9'NJS[N_$[ M02P$"% ,4    " #V@)I*'R// \
M   3 @  "P              @ $     7W)E;',O+G)E;'-02P$"% ,4
M" #V@)I*9O,+8((   "Q    $               @ 'I    9&]C4')O<',O
M87!P+GAM;%!+ 0(4 Q0    ( /: FDI%/?A9[P   "L"   1
M  "  9D!  !D;V-0<F]P<R]C;W)E+GAM;%!+ 0(4 Q0    ( /: FDJ97)PC
M$ 8  )PG   3              "  ;<"  !X;"]T:&5M92]T:&5M93$N>&UL
M4$L! A0#%     @ ]H":2@#1J@Y5 @  K0<  !@              ( !^ @
M 'AL+W=O<FMS:&5E=',O<VAE970Q+GAM;%!+ 0(4 Q0    ( /: FDH,NY6\
MR0,  -L/   8              "  8,+  !X;"]W;W)K<VAE971S+W-H965T
M,BYX;6Q02P$"% ,4    " #V@)I*HE!D #L"  "J!P  &
M@ &"#P  >&PO=V]R:W-H965T<R]S:&5E=#,N>&UL4$L! A0#%     @ ]H":
M2A_'M:3, P  A \  !@              ( !\Q$  'AL+W=O<FMS:&5E=',O
M<VAE970T+GAM;%!+ 0(4 Q0    ( /: FDJ8?^7>J0,  "H/   8
M      "  ?45  !X;"]W;W)K<VAE971S+W-H965T-2YX;6Q02P$"% ,4
M" #V@)I*IV;WL_8$  !%%P  &               @ '4&0  >&PO=V]R:W-H
M965T<R]S:&5E=#8N>&UL4$L! A0#%     @ ]H":2KQ%W3NQ 0  T@,  !@
M             ( ! !\  'AL+W=O<FMS:&5E=',O<VAE970W+GAM;%!+ 0(4
M Q0    ( /: FDK\0A5VLP$  -(#   8              "  ><@  !X;"]W
M;W)K<VAE971S+W-H965T."YX;6Q02P$"% ,4    " #V@)I*VB-B\;0!  #2
M P  &               @ '0(@  >&PO=V]R:W-H965T<R]S:&5E=#DN>&UL
M4$L! A0#%     @ ]H":2@1T^(VU 0  T@,  !D              ( !NB0
M 'AL+W=O<FMS:&5E=',O<VAE970Q,"YX;6Q02P$"% ,4    " #V@)I*")DE
MN[,!  #2 P  &0              @ &F)@  >&PO=V]R:W-H965T<R]S:&5E
M=#$Q+GAM;%!+ 0(4 Q0    ( /: FDKOY.Z M $  -(#   9
M  "  9 H  !X;"]W;W)K<VAE971S+W-H965T,3(N>&UL4$L! A0#%     @
M]H":2HPF<7.U 0  T@,  !D              ( !>RH  'AL+W=O<FMS:&5E
M=',O<VAE970Q,RYX;6Q02P$"% ,4    " #V@)I*#J5T(+0!  #2 P  &0
M            @ %G+   >&PO=V]R:W-H965T<R]S:&5E=#$T+GAM;%!+ 0(4
M Q0    ( /: FDK_FL??M $  -(#   9              "  5(N  !X;"]W
M;W)K<VAE971S+W-H965T,34N>&UL4$L! A0#%     @ ]H":2DM4ISZ& @
MW D  !D              ( !/3   'AL+W=O<FMS:&5E=',O<VAE970Q-BYX
M;6Q02P$"% ,4    " #V@)I*[95E_=0!  "<!   &0              @ 'Z
M,@  >&PO=V]R:W-H965T<R]S:&5E=#$W+GAM;%!+ 0(4 Q0    ( /: FDJ[
M=;.)Q@$  #<$   9              "  04U  !X;"]W;W)K<VAE971S+W-H
M965T,3@N>&UL4$L! A0#%     @ ]H":2@/VA3;/ 0  G 0  !D
M     ( ! C<  'AL+W=O<FMS:&5E=',O<VAE970Q.2YX;6Q02P$"% ,4
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M+GAM;%!+ 0(4 Q0    ( /: FDKG3C$+NP(  #8)   9              "
M 8E#  !X;"]W;W)K<VAE971S+W-H965T,C0N>&UL4$L! A0#%     @ ]H":
M2F6](9Q( P  CPX  !D              ( !>T8  'AL+W=O<FMS:&5E=',O
M<VAE970R-2YX;6Q02P$"% ,4    " #V@)I*^$5FH)<"  !I"0  &0
M        @ 'Z20  >&PO=V]R:W-H965T<R]S:&5E=#(V+GAM;%!+ 0(4 Q0
M   ( /: FDI(D#C*ZP(  .L)   9              "  <A,  !X;"]W;W)K
M<VAE971S+W-H965T,C<N>&UL4$L! A0#%     @ ]H":2L=P$1B? @  "PH
M !D              ( !ZD\  'AL+W=O<FMS:&5E=',O<VAE970R."YX;6Q0
M2P$"% ,4    " #V@)I*UV;-]O8!  !9!@  &0              @ ' 4@
M>&PO=V]R:W-H965T<R]S:&5E=#(Y+GAM;%!+ 0(4 Q0    ( /: FDI-A:[6
MZ@$  !\%   9              "  >U4  !X;"]W;W)K<VAE971S+W-H965T
M,S N>&UL4$L! A0#%     @ ]H":2BYEI;N4 @  *0D  !D
M ( !#E<  'AL+W=O<FMS:&5E=',O<VAE970S,2YX;6Q02P$"% ,4    " #V
M@)I*I%12U1("  #6!0  &0              @ '960  >&PO=V]R:W-H965T
M<R]S:&5E=#,R+GAM;%!+ 0(4 Q0    ( /: FDH9!>5](0(  "T&   9
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M970S-RYX;6Q02P$"% ,4    " #V@)I*^!X_(&0"  "Z!P  &0
M    @ %R9P  >&PO=V]R:W-H965T<R]S:&5E=#,X+GAM;%!+ 0(4 Q0    (
M /: FDI=RWG>K@(  -H(   9              "  0UJ  !X;"]W;W)K<VAE
M971S+W-H965T,SDN>&UL4$L! A0#%     @ ]H":2IP#B^;$5   BT(! !0
M             ( !\FP  'AL+W-H87)E9%-T<FEN9W,N>&UL4$L! A0#%
M  @ ]H":2M(*6"T_ @  'PL   T              ( !Z,$  'AL+W-T>6QE
M<RYX;6Q02P$"% ,4    " #V@)I*>8_Y1$T#  #(&0  #P
M@ %2Q   >&PO=V]R:V)O;VLN>&UL4$L! A0#%     @ ]H":2H-)186> 0
M2A@  !H              ( !S,<  'AL+U]R96QS+W=O<FMB;V]K+GAM;"YR
M96QS4$L! A0#%     @ ]H":2F:LT:"E 0  I1@  !,              ( !
MHLD  %M#;VYT96YT7U1Y<&5S72YX;6Q02P4&     #  ,  "#0  >,L

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>52
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/**
 * Rivet Software Inc.
 *
 * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved.
 * Version 2.4.0.3
 *
 */

var Show = {};
Show.LastAR = null,

Show.hideAR = function(){
	Show.LastAR.style.display = 'none';
};

Show.showAR = function ( link, id, win ){
	if( Show.LastAR ){
		Show.hideAR();
	}

	var ref = link;
	do {
		ref = ref.nextSibling;
	} while (ref && ref.nodeName != 'TABLE');

	if (!ref || ref.nodeName != 'TABLE') {
		var tmp = win ?
			win.document.getElementById(id) :
			document.getElementById(id);

		if( tmp ){
			ref = tmp.cloneNode(true);
			ref.id = '';
			link.parentNode.appendChild(ref);
		}
	}

	if( ref ){
		ref.style.display = 'block';
		Show.LastAR = ref;
	}
};

Show.toggleNext = function( link ){
	var ref = link;

	do{
		ref = ref.nextSibling;
	}while( ref.nodeName != 'DIV' );

	if( ref.style &&
		ref.style.display &&
		ref.style.display == 'none' ){
		ref.style.display = 'block';

		if( link.textContent ){
			link.textContent = link.textContent.replace( '+', '-' );
		}else{
			link.innerText = link.innerText.replace( '+', '-' );
		}
	}else{
		ref.style.display = 'none';

		if( link.textContent ){
			link.textContent = link.textContent.replace( '-', '+' );
		}else{
			link.innerText = link.innerText.replace( '-', '+' );
		}
	}
};
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>53
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>55
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='UTF-8'?>
<FilingSummary>
  <Version>3.7.0.1</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>71</ContextCount>
  <ElementCount>207</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>32</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>7</UnitCount>
  <MyReports>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>0001000 - Document - Document and Entity Information</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/DocumentAndEntityInformation</Role>
      <ShortName>Document and Entity Information</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R2.htm</HtmlFileName>
      <LongName>1001000 - Statement - Consolidated Balance Sheets</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/ConsolidatedBalanceSheets</Role>
      <ShortName>Consolidated Balance Sheets</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>2</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R3.htm</HtmlFileName>
      <LongName>1001001 - Statement - Consolidated Balance Sheets (Parenthetical)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/ConsolidatedBalanceSheetsParenthetical</Role>
      <ShortName>Consolidated Balance Sheets (Parenthetical)</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>3</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R4.htm</HtmlFileName>
      <LongName>1003000 - Statement - Consolidated Statements of Income (unaudited)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/ConsolidatedStatementsOfIncomeUnaudited</Role>
      <ShortName>Consolidated Statements of Income (unaudited)</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>4</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R5.htm</HtmlFileName>
      <LongName>1004000 - Statement - Consolidated Statements of Shareholders??? Equity and Redeemable Noncontrolling Interest (unaudited)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/ConsolidatedStatementsOfShareholdersEquityAndRedeemableNoncontrollingInterestUnaudited</Role>
      <ShortName>Consolidated Statements of Shareholders??? Equity and Redeemable Noncontrolling Interest (unaudited)</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>5</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R6.htm</HtmlFileName>
      <LongName>1005000 - Statement - Consolidated Statements of Cash Flows (unaudited)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/ConsolidatedStatementsOfCashFlowsUnaudited</Role>
      <ShortName>Consolidated Statements of Cash Flows (unaudited)</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>6</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R7.htm</HtmlFileName>
      <LongName>2101100 - Disclosure - Business and Organization</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/BusinessAndOrganization</Role>
      <ShortName>Business and Organization</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>7</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R8.htm</HtmlFileName>
      <LongName>2103100 - Disclosure - Significant Accounting Policies</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/SignificantAccountingPolicies</Role>
      <ShortName>Significant Accounting Policies</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>8</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R9.htm</HtmlFileName>
      <LongName>2104100 - Disclosure - Investment Portfolio</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/InvestmentPortfolio</Role>
      <ShortName>Investment Portfolio</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>9</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R10.htm</HtmlFileName>
      <LongName>2106100 - Disclosure - Line of Credit</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/LineOfCredit</Role>
      <ShortName>Line of Credit</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>10</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R11.htm</HtmlFileName>
      <LongName>2107100 - Disclosure - Compensation Plans</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/CompensationPlans</Role>
      <ShortName>Compensation Plans</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>11</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R12.htm</HtmlFileName>
      <LongName>2108100 - Disclosure - Operating Leases</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/OperatingLeases</Role>
      <ShortName>Operating Leases</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>12</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R13.htm</HtmlFileName>
      <LongName>2109100 - Disclosure - Income Taxes</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/IncomeTaxes</Role>
      <ShortName>Income Taxes</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>13</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R14.htm</HtmlFileName>
      <LongName>2110100 - Disclosure - Earnings Per Share</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/EarningsPerShare</Role>
      <ShortName>Earnings Per Share</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>14</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R15.htm</HtmlFileName>
      <LongName>2113100 - Disclosure - Commitments and Contingencies</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/CommitmentsAndContingencies</Role>
      <ShortName>Commitments and Contingencies</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>15</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R16.htm</HtmlFileName>
      <LongName>2203201 - Disclosure - Significant Accounting Policies (Policies)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/SignificantAccountingPoliciesPolicies</Role>
      <ShortName>Significant Accounting Policies (Policies)</ShortName>
      <MenuCategory>Policies</MenuCategory>
      <ParentRole>http://www.diamond-hill.com/role/SignificantAccountingPolicies</ParentRole>
      <Position>16</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R17.htm</HtmlFileName>
      <LongName>2303302 - Disclosure - Significant Accounting Policies (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/SignificantAccountingPoliciesTables</Role>
      <ShortName>Significant Accounting Policies (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://www.diamond-hill.com/role/SignificantAccountingPolicies</ParentRole>
      <Position>17</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R18.htm</HtmlFileName>
      <LongName>2304301 - Disclosure - Investment Portfolio (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/InvestmentPortfolioTables</Role>
      <ShortName>Investment Portfolio (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://www.diamond-hill.com/role/InvestmentPortfolio</ParentRole>
      <Position>18</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R19.htm</HtmlFileName>
      <LongName>2307301 - Disclosure - Compensation Plans (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/CompensationPlansTables</Role>
      <ShortName>Compensation Plans (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://www.diamond-hill.com/role/CompensationPlans</ParentRole>
      <Position>19</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R20.htm</HtmlFileName>
      <LongName>2308301 - Disclosure - Operating Leases (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/OperatingLeasesTables</Role>
      <ShortName>Operating Leases (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://www.diamond-hill.com/role/OperatingLeases</ParentRole>
      <Position>20</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R21.htm</HtmlFileName>
      <LongName>2310301 - Disclosure - Earnings Per Share (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/EarningsPerShareTables</Role>
      <ShortName>Earnings Per Share (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://www.diamond-hill.com/role/EarningsPerShare</ParentRole>
      <Position>21</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R22.htm</HtmlFileName>
      <LongName>2403403 - Disclosure - Significant Accounting Policies - Summary of Investments Values Based Upon Fair Value Hierarchy(Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/SignificantAccountingPoliciesSummaryOfInvestmentsValuesBasedUponFairValueHierarchydetail</Role>
      <ShortName>Significant Accounting Policies - Summary of Investments Values Based Upon Fair Value Hierarchy(Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>22</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R23.htm</HtmlFileName>
      <LongName>2403404 - Disclosure - Significant Accounting Policies - Assets under Management (AUM) Subject to Incentive Fees and Incentive Fees (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/SignificantAccountingPoliciesAssetsUnderManagementAumSubjectToIncentiveFeesAndIncentiveFeesDetail</Role>
      <ShortName>Significant Accounting Policies - Assets under Management (AUM) Subject to Incentive Fees and Incentive Fees (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>23</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R24.htm</HtmlFileName>
      <LongName>2403405 - Disclosure - Significant Accounting Policies - Mutual Fund Administration Gross and Net Revenue (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/SignificantAccountingPoliciesMutualFundAdministrationGrossAndNetRevenueDetail</Role>
      <ShortName>Significant Accounting Policies - Mutual Fund Administration Gross and Net Revenue (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>24</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R25.htm</HtmlFileName>
      <LongName>2403406 - Disclosure - Significant Accounting Policies - Narrative (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/SignificantAccountingPoliciesNarrativeDetail</Role>
      <ShortName>Significant Accounting Policies - Narrative (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>25</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R26.htm</HtmlFileName>
      <LongName>2404402 - Disclosure - Investment Portfolio - Summary of Market Value of Investments (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/InvestmentPortfolioSummaryOfMarketValueOfInvestmentsDetail</Role>
      <ShortName>Investment Portfolio - Summary of Market Value of Investments (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>26</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R27.htm</HtmlFileName>
      <LongName>2404403 - Disclosure - Investment Portfolio - Equity Method Investments (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/InvestmentPortfolioEquityMethodInvestmentsDetails</Role>
      <ShortName>Investment Portfolio - Equity Method Investments (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>27</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R28.htm</HtmlFileName>
      <LongName>2404404 - Disclosure - Investment Portfolio - Narrative (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/InvestmentPortfolioNarrativeDetail</Role>
      <ShortName>Investment Portfolio - Narrative (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>28</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R29.htm</HtmlFileName>
      <LongName>2404405 - Disclosure - Investment Portfolio Schedule of Equity Method Investment Ownership (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/InvestmentPortfolioScheduleOfEquityMethodInvestmentOwnershipDetails</Role>
      <ShortName>Investment Portfolio Schedule of Equity Method Investment Ownership (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>29</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R30.htm</HtmlFileName>
      <LongName>2406401 - Disclosure - Line of Credit (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/LineOfCreditDetails</Role>
      <ShortName>Line of Credit (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.diamond-hill.com/role/LineOfCredit</ParentRole>
      <Position>30</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R31.htm</HtmlFileName>
      <LongName>2407402 - Disclosure - Compensation Plans - Roll-Forward of Outstanding Restricted Stock Grants Issued (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/CompensationPlansRollForwardOfOutstandingRestrictedStockGrantsIssuedDetail</Role>
      <ShortName>Compensation Plans - Roll-Forward of Outstanding Restricted Stock Grants Issued (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>31</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R32.htm</HtmlFileName>
      <LongName>2407403 - Disclosure - Compensation Plans - Expense Recognition of Deferred Compensation (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/CompensationPlansExpenseRecognitionOfDeferredCompensationDetail</Role>
      <ShortName>Compensation Plans - Expense Recognition of Deferred Compensation (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>32</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R33.htm</HtmlFileName>
      <LongName>2407404 - Disclosure - Compensation Plans - Schedule of Grants Issued and Grant Date Fair Value (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/CompensationPlansScheduleOfGrantsIssuedAndGrantDateFairValueDetails</Role>
      <ShortName>Compensation Plans - Schedule of Grants Issued and Grant Date Fair Value (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>33</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R34.htm</HtmlFileName>
      <LongName>2407405 - Disclosure - Compensation Plans - Narrative (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/CompensationPlansNarrativeDetail</Role>
      <ShortName>Compensation Plans - Narrative (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>34</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R35.htm</HtmlFileName>
      <LongName>2408402 - Disclosure - Operating Leases - Summary of Total Lease and Operating Expenses (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/OperatingLeasesSummaryOfTotalLeaseAndOperatingExpensesDetail</Role>
      <ShortName>Operating Leases - Summary of Total Lease and Operating Expenses (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>35</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R36.htm</HtmlFileName>
      <LongName>2408403 - Disclosure - Operating Leases - Future Minimum Lease Payments under Operating Leases (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/OperatingLeasesFutureMinimumLeasePaymentsUnderOperatingLeasesDetail</Role>
      <ShortName>Operating Leases - Future Minimum Lease Payments under Operating Leases (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>36</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R37.htm</HtmlFileName>
      <LongName>2408404 - Disclosure - Operating Leases - Narrative (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/OperatingLeasesNarrativeDetail</Role>
      <ShortName>Operating Leases - Narrative (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>37</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R38.htm</HtmlFileName>
      <LongName>2409401 - Disclosure - Income Taxes - Narrative (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/IncomeTaxesNarrativeDetail</Role>
      <ShortName>Income Taxes - Narrative (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>38</Position>
    </Report>
    <Report instance="dhil-20170331.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R39.htm</HtmlFileName>
      <LongName>2410402 - Disclosure - Earnings Per Share - Computation for Earnings Per Share (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.diamond-hill.com/role/EarningsPerShareComputationForEarningsPerShareDetail</Role>
      <ShortName>Earnings Per Share - Computation for Earnings Per Share (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>39</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File>dhil-20170331.xml</File>
    <File>dhil-20170331.xsd</File>
    <File>dhil-20170331_cal.xml</File>
    <File>dhil-20170331_def.xml</File>
    <File>dhil-20170331_lab.xml</File>
    <File>dhil-20170331_pre.xml</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies/>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>true</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>57
<FILENAME>0000909108-17-000049-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0000909108-17-000049-xbrl.zip
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MS'\5>H/AK[WA?Y5#).ISM_T_<.MX6W>U7=LEE_T.T^4=!5EZZPA7TE#BG8(
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MK)G&O 4<4M,8 XJ.N8ZK:-B>QM5:;0% 0#@>K0'<S4."F1BRM"3&X C-]3(
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M:WAGC'N>&0'<H70FGJ20D7<\^Z<#J>V*6OY@O*^8>U(%,.B4QZ24=!9,>&*
M!$Q0FG!:IWJSN;<WL@^NL<9'W%P4P@DG91;87B1$8#RP+%B]KKI\.(W=COT=
M-#9"*$< X4DJ@_1!X&PESN+V8\AN23<%9N[-_,?BC_&7V^9EQB1@3!Q$T5Y
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MO(?"ZC3"M,]$:H>CK+ "<E3&P$SB\/\2/+?[.-]16?Q ;*]I.6^C9CPJ,'J
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MGTF6F 5*-&7UNJ%*WD.L9=4\:6N_ZHD(E&KC5)(Z<2\SQ%\1S :8OEP_Z2(
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M<: %]3"2:8R,Y;[HVK*6]/L2,1/$4Y-"0*MK<T3I<"9K!>9(4DRXXXX*[#"
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M6C,-$I# G540%$B/A;-M8 K\0%#".%U/M. 4F\F;#2A:'C!LVY-/,&?!7RK
ML1'B3(T]K9.6>. X1%]/.!"$22T7Z;N3DMTI7K5ZZ91*2AK,>918L(N!\<P<
MS]Y!?%D?8X"\X./D]A2OVVN?I*P4_3Y6B767N,.ZE>Q=UMD)CP>)J71H5[S/
M(4?J $M!)%17#JS*.W\Z9Q<2]\_BJAQVY4B*P7D!>DT5=ND$@$%4"@$P;:H?
M_E",0L B'IS%ZHS>[#S,5L/(889CP3B6L3@EMF$T&KQ>RB12;*2[MV%<I/$
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MBS 0R5C5IU#B_9D2 '=>5T90YJ"%. 8MPO,]<FQ(KQEZ?PCO<M$ ' ZIT9#
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M9SR\&/9''>?2&O?Z_<OQX*)W]M]+VD$91L^$ZM<IF4\J%W97G79!:I>'C(:
M^Q--W,.OBQ4SR!D .C&IKY;J$:" /P'1(C>[@,W2/#;C74G[N+KY4M8]0-L@
M1LU!3@5"1B%AX1 XP+:41L"!KN#?^[AM(V0)LO9HSO#7R*@?Z'#(GL&H<.^8
M$:9(3,A#JJ,-H]*D:92;^+*8KI9);RDS>"%,2.YR4(?@R#[J.J"/!;0I.$8A
M,VFI*$'% .</9@>!+>!C7LHJ4P?C8O"=R*Q*0U"^8.TO3%&6U&^P%V,U3WN?
MI7;E%\\0^5/\8!=.T+6ZW79O-+"[UUWG<N ,G?;PZNIJ.+SHV]W!Y;BQG*!(
M^7C!S9T&._FZ04/<3-835)TYY2:Z8"[)89!9XB*PE=+#IB1W?&\M:=+++4,P
M-7S9*Y$^<K72E,IB0BK8@^>3 -148\Z26>2URG,N2^0N5L#]PIM,+@X26DR5
M7$[&)/44F%8RRX9= FL4"B>RLMOU>PP]4E[#"2BDXN%;ECPP,$M67^ KT-P_
MO:]TF?:>2%"\M]GGUM!L0*4S+P=*\O]ZP]=-P.LT.?^O68=O?)CK5>99E/-M
MCY[7];J-2F.6S=LSKC!5O@J_IZ?NY=E*>WC.-7:^Q:Q#/1JCGL%+C5F[9$+H
M#-8G?!,L,3Z2!^<UZ;39N4XZ2V[[/-^.:=F.V=7-HW2N[VM+4\W%-!?;#U1#
MT^X/,=U*,S$53*SQ9N;+0?@KX_PGX[<BG.8F(DN$?)])9,3,8VQ./P& *;$D
M"@*1AP*:->/)/G;$:Q1?OFJ2Y+M.;V ZCKIV(UL"J,"XPV59*T?*]]IT5V^Z
MOSV2L[JFK:YL05.<=FD\[]+8($4G(E9-T=59%  B/9W9K T&;3 H<7O89M_I
MF8.AHRT&[?;0;H\:H:+F8KNX/7J.V>OI9HUOR>VQS,!DVI;=5IUE>="(Z'$B
MGK6&E<8KC5?*8:4-T<W0_-?F6HARFK3,]3T7N<T'\2FIA/<K%[EW[8$Y&!P^
M?%P7)-*F4@VDP%LBL,Y@8/:[A]?Q3X7 %*CQ[:9+NDM9+F/X\X4[H8J?]65U
MAR"^QM%8S^QV=9>6QADHS1%'C:.(KME3%Y,_%8K0II4ZTTK6B==>]]O>\?D*
MEE?',3NVSGG39EE3Y.";(<W.$/^GI\K7Q:#3_G/M/S\5LZ=6L-)XI8V'%T/S
M:K4EEMI$P>WK=(\(\"9H=K4!5F-58HUQAV:254 -FLX,=PTZOV[QPDDD"FX)
MI";,8>BT^O:QX%(71#BTZT>+,\UD-),IO6>W^D<KV*P+(KR*$VM+Y;#Q.L_N
MT:"C,Z3:I\T<C5.]I*ZB-BP,]"1E&1][ ZPNJ'-H!4H["C0CTXRL^;I8[5%'
MH9*V>3+9;@W^U[?V_W?J)X^?J /ZQWR@3S$69)L._Q?.Y6A@M:_;5T/G\KH[
MZEZ,;;O=<ZRV?3F^'!Z\P[_*>UO7TSV?-B$ZNF.O<HZYJ^E\[L:/QM0/W7""
M\R3\<(H=RT6W]SB:ET<G_<@-1K"6[>9+XY.XG*2#7=ZK\RX,AHU\ZS]B1TD'
M^DWW71$M;ZEE?%]-R_C>ZW9-=QK=\_VXNV]H?LFKJZ[Y=GNOF_ZLO)?Q" 7#
M01T[&GMT[^SBM6V5! W,+8"YP[A G:JSNZ8>):!RBTFGJLQ.I5Z,1F3$ZAXW
MV_LWVFW3&73-7EMW**]MM+O9$-74N'W?O,'0'%CP/[NKJ5&QQ['.UL/A58IL
M,+C/=$TZOM=US$&O8W8Z;56$5I?[5B# WF[S9D"+(=@S0X6C#G0"SINWZK!#
M\\XVG:[Z7-*-G*[9MRW3[FM+Y?B,_HW@6+=C#@9]<]#5C:NU_JTH^?*7\:<?
MN;&(8@JA1U,C/*@X:)S.U>F9?<LR!XZRRHJZ7/TQ.73CKKUK@?4U,+MM96T<
M3N7:FZY*U[=*O,&5HQJ()P7$ABA&]4UK.+6DF&N9(_EU%C-F?(('9MRXPDQ)
MC5)U868GG]RA,V4.#DR=)J. SHND?CGY3I4)H:/S.CK_1'!H8':&NB&HSI/1
ME/C*Y<6.8PX43K5N--Z\BKOIM/2)J^\++'_3_G@BKGX;&^QJK^P;NO.>;=JV
M=L1K$VRGG):8P>+_89YQY_HA-]X%$0<FNO50][<Y<<HR[>'0M >'[UY>%U0Y
M)N<]'3QY-W3,_N#P>2BK+&97R+PB:FW-:[222QQ[,G/#.VS^8*1ASKW=Q2)F
M$Y]://S=8\4/6C6"]VQSB%F'W5V\X&]".WK3B>*6:;6[IMU3)\5UGKC6J9F.
M9V@OZA&G$';: ]/IZ(B&CFAH6GSERE^@11MT"EW;HF,:AZP[V%F].%W#SC*[
M5L\<=)6)O[K<_#$-N\;=>J_;,YV>,K?:J=RYBM:LSW1=+7=HO7;]^$\W2-F(
MZJ!&H?=KT:#@$W-Y&C/O]_ SFZ1Q#.@##_P6A7'V(P[QX5]QF[OT=+T87PVM
M\?#2'EP-G8M!>S@>=#O]8=L:V,.KB\[UP7NZEFECH#@%?5V/5]',%9[C1I3&
ME>:LR<Q-#)P$!S"-[D+R _HA/0: )*7 Q7G3MV[@AA-8:L9 >J0<%Y_"Y1GW
M>'O&7%R56--C"8OG<&A\#9O)I@L0/)C4[/G3*<.+,P)VSP)J#.N'BS3O$KN"
MION H)[-8,N7;O6>N/72(A6N^I:ZPUH=)>UA'?MU&ZRV&]T>5N_^K>R^(6:2
M+AFI;Y7#KRC0C5V&O6C@+0%OE[IW#;PEX.V2IZB!E[]&7>$.ZDU[(S&[L<MG
M- 0##"*R@E1Y%G2X0(<+-H+*&9A6VS+;;5T#H6-WFAA?EQB%"3&P+5L9OC4;
M=S0U:FK4U%@7W&D4-=8%:+4@N-K0U!'5S;H@P$NIIB&NU8-VGH]=W)E1"@8?
MPEES'&=,<WW0&CX:/AH^1VC/5R./YX&@M^6_OF">#J7R&#,64&+)N)Q4<@T@
M6A4%^TIIGBXVW N ]\,3PWG[BX06>>>^%UY;6&E'Q?@-UJ5:0]/N=\R.I75!
MC2A/EI?8IM4?FDY;65]OC2@GB2C']-AH3&DRIO0LL^O8YL Z?%N$4T$4[8?8
M0X$=1W/8ZJ/!%ZBVQI0;_2(?QNF540 A#LU>3]F<RMH@RQ$9<^-N_0"26M^[
MOG=][S6]=\WE3]0_>-#"8S9E,>I,$]"B6,BIE=2A%:C3L7&L@=D;=,S>3F,7
MWK:-\S811;M--*9H3-&8HH5/753!S9T3CK:QIRK1BX\,]P-:_AI&3'^?4FD_
MHZX/H-XE+ 8%CV.P%W^_&O!]>:E__GWUE?[YTJ:2#?[0[;2&!CP5K&NCNL>"
MQ@. 5T33/3]FDR1X-&X?):2%L](-/35[M_JMWH'V#EL&1,96'7$$ZX=W!I^Y
M,9M%@<=BWGJ:YE8ZCJCO(E+N4?*16B5]=;]?^GP21+C8+MU&G/;E9?NRT^YV
MNB.G?S4>6KUAU[(N^J/N-?[RJ-U&[*[B=B,OP M:A#BZQR913.;A3\ @6(Q'
M$,L+V!L _&>&<KQFNY6,\&9NI?>)3TP0?O3G1N)^-Q9Q=.]SM('A7W\!Z2+:
MNZ$!W-*?$WMTPS!U P.D(O[UGM%K !C6,K*QD"^%-VTZP=F22E8RYA$-J&0X
MH++^W5O,"J/$EC>Q1T$=PC*$-A,38)3UHOFAUW(4\-#R$1Y]X* 9[JR@"NY<
MS=8[G9;U-R4KM0P#Z63]9FNV5]FC"+!B&D=SPI<I YX$=,D3-TF3*'X\P/X=
M5;M/&; 7']L]@6:01(JPN-WJ*L5B!!S[/F&<$RQO6<BFR"]SF*.3$'$<GN,)
M"EKWP8V%[OC @@#_WU5V-DOMV4HG AX3$&N'FW"QZSZ\1%V8O"ATLWZ,>=]]
M>(X7*9/PRWL_2CG<8Y8]6>W>13T=IZ!<1Y+ *J D96OA@BWF!K!$-)V";I3I
MBB@1\?. U6N87XDQTM.(^(STR@GJ^'_!#KGG3W !TO,?9OYD!A^$4QFWV!L,
M[O5I':X.XMJ?+P+J6 8''7WY@X:RGK>'IG'V<8ZR6G8S@YN[@B>C1\:,+ZBD
MGE]04[,;]Y$N8329@%6+R'IFP'W^CPLR'%B$%%MP,R,R=Y9^;QJXA74D (+>
M@W]-?!;"'[>@B&KS-I#M47HWHU=*5ULH'VA]+181%T@)#X (%RO"7E'-^ P?
MBN%VX8$O^.L5H<F A7.2/F+[I<]D: _F_R05F.]R>I_PBP0 GJ!H!H>GA->2
M!\8$LE%7.>!?WP!;17,Y^;P\=2*6 \48_W 7NW 'B)H2/I(4<F,HX)'$YV4X
MA["#>]]C:)(N7-_#WRR?G5;S>3XO@\-:8.C& GBW#&DW\.$G@"]?".DF^"X0
MW=KKQ:WB+_([1E)WIZ F"J!(J>)ZT2+C#_A[0%#8RV^PKO=7FHV\Y06E3N'B
M\+P/?NA-\=OY!TMLI$S72Q?_,<QY@DE[ASV>9\QK@KTM,"D?/\C3@/"0$).L
MMG/1Y6\A" (XCT_?AV>100D4B!8,-7S46A!(@L.5V0N=" Y;^A;9 O1$" ;0
M7>I[V(+01,D[HS^XXGV0=W!Z>3&T#L ?CLWQGSE JK= ^.N'^"%QDJD?PNI+
M&\3+<I'M)L6#ZTZRA'1H"+" 33+&CW<).RWA45B<,]NI$ =5/-H.+Y1P6FH5
MJ)+52HOEB9J+US5=BHV5;1C%V]UV]O>AC1G%Q_K!:=G'MFH4'Z'CM :JK)N-
MQDUM]UQL;$=S1_F)E)]GV0 ZCKIK9K]U^5JE6QLK)6.E*BL]:DB_:@;*B()4
M<Y4Y9%2S+E*]WK)K3I4T*U%0S*92?<H4M4G,0,E$M!)H45.EYRLIJX#-; [X
MCO9>8>60H93&TG8@A8XT9: <%HNS3=,D1:L=UH^$LZ,LXN^ /) -DT5!A,G<
M.(2S\"I)W3(P2=!$\\E&F$>P9.!_(\,$=>8P2D3?;UQ<*/1$7_+K4L%%9D?[
MRSYK\'0J;)8DWT#&3:-L!JQ4UQ.T;T3V%Q*V2W&9G-%6MYM99RZ9>X+1N-C
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M>;*TXVS#;ABF ('E+3\/C1[=4D7E* 8IN<#].2(Z?=^')R:)N+8R&N%^ 3L
M#4B#=6G/.?7#8XD0!A)\ 3W@Y3(%=!X7]1'$)5[@MKC_.4MF<(RGY==K,KUK
M=ANG;DR<KR<Y'["TG*$)GM [;]O L(18S3B2B1P 8!L1'N$UW@$L<OP*2/;R
M*M^8 R'F\ZW"\ULW(.K@,\:2C-Z(U@#%8](L87$_EH@!&W)I^!I=1>"[MWY
M,]J,<R0P#E1K3&AM#K8$8/#$13R A5$10,PNV$-,K9+@R?06,2&!NP:,X3X
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MZ=SG'+6F=V=?KL;PG<_L+@V$(O7E_/^V#))&,;+?X-'$Q1X-+T(88YO=(/6
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M?"VB>"G+<(AL0891.J!UM.@35XR._.9/OIU':2)U,A&-P@O!8YG%HR*(5X3
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M$Y"147.AO'7*(K]68I$/\ 5&T@#Q-EW ,RBC<WAG@,(U:]K:$Q!5R#/BIVY
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M\\6P/()>-J<-824F0LIQ(/*SE7DI!3W 57-?K((7DD^C!.[%B'?C-WWL1+O
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M"KJI"/I&FU;YV.Y0$%=HVGPZ0%,%R91Y:N:?/-"JU/OBWHMLMY:> "6D[R'
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M]+#TQ_69*8L_6Y8!$8F6G\_K$']]YJ$.#)U(3.<#__N::LW59?CUV;2XN)S
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M_^-+G"<O?N33W_*SB^0R?IN>Q8ORM1>+Q=5OKU]___[]SS^^9+,_I]G7UP@
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M2NRCMH?S=0_H#&R@57/::5(@4:0 3;,L_1Y^,?%5^&YQO>/>R>:*(L\%]-1
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MY\3'I+R,KKBZZHXY7G=$87.9B'AB!'(XK*C"X@H2('359&3$R&Z2[T$3:3]
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M-KAQ<BY"!&9T G$BM$55O/[G^8QYM2J_OIRO?R^WIZ^ 09&F18&%F8$0#;B
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MS%@.KA@R9_'W_Y\T:^E 1.R\I:MO1LY<WO]1S:C.<XUPBC2B+".\R#EH 7.
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ML.EW!81"%X"Q'"&8L]C5=-^VZ["KLGZ/^<'0\<E-8SO$0;TGY L_I7>JLGX
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MB*NZ/<=Y;VS=/AQ;F^/8^MSZ\.[$AS?M,*N_:__EX7?[/KS9G=Q' OA0[IK
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MIM<3_NP*VIF7T7;:_#PW(?7\1[GX^,G\R3Z7Z_G'LD[ I4G<#V5^3@]E$"J
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M8(+PDMIV9O8,[A8_#0[_I5BM3TSNM'X7>\<#^92\2?S@=<G6""-;AH;(0K]
M1<^@,5?;S(.;V:)KIGG#HT?>NW)T^^9NM]TMUS<N6UQ(1DH!+5&J++5&2$E=
M#B815&A_*:W[/&QVP4/QX>9"^O!CS[R[LZP_K]9MKEQ\7-YV6U9^ZNY_W4Y\
M >PYI?P&H^,%GD='3!/*Z2'JL?KXET6/N_5"8D2IA%5E"!12*P!*QB@R+IG"
M&%8FO&-%&)FX.\F^.X561^':^59'604+K8Z>21;$;K=9?;S;=9L.=DWQ=MFN
M*9^Z9'JLTMF2*5K2>1!G3 !/2J:16@31Y=5V>U??Z+N-ZVC]*1D]W-[56_<.
M7>_JF^[7NAN9?]XTV^W"I1$$2L/+DE:$& I(90;445)Y':^4V87<!91SN/N^
M-Y^*S<')8MO-.G]N;Y_>OOSIG[1) L!VV=:(@%_1>UST+N_/^ME/I'67*!\:
MJ/_USO.KHO/] D@,UO<E;.9KL!FA-6.0S^$WMZ8C$=U=:G_:%UE"0"OJOA"*
M5B60%9+TD(PJ*Q(0>J0'EP=T$BZ/;8=16)ZP"=)1N7/ZSP#E\^J&,SE1:\T:
MR:EB]"-R4D7]SCCZVMX7^(_E<.'I ],_=UA95 (KEZ>SLI1*"N/L"3R89<9O
M]6DR8YDQ>^SB:-2F4_@\52\B;AA '^CZYM-36OY\$5U#CBV:6-_(TXK\WM_1
MAPZ]+,8SWY/D.L[@F(6DX329WK? #/VP$N]X?9[8.)O]^4;RQY/%>MU7JA_:
M>;5VKG:O[O;-[DN]^?!EN7[3W:B][=U^M>Z_=@MARPH@@Q0$HL(ETYRP0X$A
M(0E*ZN?B](1U0-CH3)Y4<R+9SV6G<VOYF22TLY/E<0X\.P>3C6,\']J"(5D*
MR['6)12L1$QP.SAB@2P7W^O-QR;%,$:D R'L.O9U-+WF4Q\_KUQD<3RR&68"
MDHP!!I3%2;1,,H_T:_U[]X]<_@4JW27'B$(D.9=:DL$X)#1H-U4BDQ.F']?]
MSL2^'V_JVV5;9>R: @'X]^*;^]>*K\O=]9<<\T8!39!@GBB/^NGGA9R?_6_,
M@Z>/Q(N=] E7?];<C XJ9%(G5K,4R<^];<8K!+7+M0@00K+VF"@UV.90!ET)
MD<;B_.B8;M(F0/?QDS1Y)$\^*3,S(CZ4+C*I#)=^UCR,C2D@=8Q5+&C ;/MV
MN;JQS>;#\H__M]I]:5<[.2_<#TXDKD!*S)$UU$IF$88EPX?EE0HHN%C7GUMF
M? @< TOMAU?_Y7W_?>*R?U_N7"]^;SVN;V^.@5E__7;;_*CK8K?\H_^%/J38
MO#)+8WD2]6(-% ?8OE%:?XM/S:9P'A='+G<_ZWYG?P"TUZ$*^88A X5]:4@Q
M5SO-A,990WQNJ"^OGKZL%C?_?=>?0KU]US/F0^/K$7*?#6M0I:2L2@LTA1H=
MYM^M+".0G=.=V9([#-A96\R/VQ=OI;@Y]WNOBW?WK7*2XOLC6BY'\1$RGX'Y
M%(TW#Z9/$FDS?=?(O ? .?BI7KD?+5A) *$44@VY8;92AW,^2TX QC$Y>3YO
MIN'[WI_V1.O+[PT(:*H$X[X3-,_D>P0._L]B0,1#Y]AAXS2--P^P3Q'HV#T#
ML=KFVC=PSZWM I466:8MJ:@"%C"MJ1P\DAK(=%Q/XLZ,P)YW3T%0&XT?M)ZD
M7:;>7W 4P"R0[J-TY,AWJO:;-=331CIRWT&\NKY8_[7>O5I?-U_KU^T.!X8)
M!A14'&AB+41",,XH5!6$M"(:A,P8ACTY\\R@<Z;HO2E^:OWYRRPVM#^0Z$RG
MC)-R'MTLTO<FQ<N4\/292G.B*@VHQ)PZ<QB+P]X?"]EP2(99W_CUCE'&0CK+
M0[^\.XSI//D?>.R,K[;SZ#UI0@DY=B9,GQ''SG#-"%) 20)U51I5"54QBDL+
ML>38\- >%6%BNG[TTGDSLSPOQ5>^>725,0&\?%Y*F!;Q1TQ^J+]^:S;+S8^G
M9Z[)4FI12H4(I$:5PG AG0O8*&6=;T%[\),:SKVJZ_DS#0\.YSE8<DQ#^)7*
M%VN#L-HXL?P3'2=Y6LHS#,S2(O.@8Y[07CQ%,IE^_O<*W-3UU[:H^]4)TZQW
M3B3WZY]?K1UY7(7=^Z&6F\T/]U/QM;E;[Q9$&$2!H:PJB6$05) RYPJU1+F<
MA^KP$_"RN!&>KB0Y<G+YJ%+>'&(KU@^"*X;H@N\TR-%F?A"^>$.%P?C>W>+7
MY[6_VO/XJAB<+GJOI[XP(5S7,V3.VDSS('3>$)]<Q9!=SZ@1R.-1N0_-2UXN
MC"0""B6UAA15C'!9&N<1(1P35FD8/5Z9V(_I1C<?#VN^#(PP5F=M+3]DSZ6A
MPLC]\@CTB*;*/SH=IK/O6':FUIL'T">)]-PX>59UO8ZW>G_W<7N]677' E@G
M4.O#U^[O]&K;.^?^_*$YX1$TBFG!)"V%)@P)K2O>>L3;10TED-XG7V7V8P*\
M;X\BV/;[V];;YG9UTRTK_72WO@DYO"EWNYP'^=R:)'"MP)'C1>MY<>]Z<>Q[
M\:$9]\V=I*D"CN":49-%GLY5?&NVJ]WJ>UU\;Z?<72G[S?UZMT+[80=;NR[7
MK<H9(MP6R_5-<7,4Y_9I+?S7X[9>[>,N]@/)_U(4HNB6"SUK_[RI;^T>H#![
M0PP/ ]O4U[6S?S/V!+)Q[\(S^<&4;]@,SBV;*M)F^OX[P8 =1 I8)*DNM2P)
M0*(M12E&!A-:4:I"YPZS.#']+'W*D;K_L:-"OLTVCR(B;X@I1H7"]/2_5?WC
MSE'I^K;9WFUJ\='Q:7GMC#$C!!6$ V.P8I )SK@JF<6HO2'']UJ"R*?G2RI;
MAXI[CXK?!I\FOZ#[.6'.=,&12LZCDXT-XLGUV@DT\>THKU?K^LTGY5"_VMGE
M]>K6]= /;1=>4%9R(+!!$C,D+2**J;T]C#VKY_%6,M?&K6-MEMN[5@R^%;]U
MW@6N ABAI1]WII$Q##VQ"F;ASTF!SB!HO*CSH%"".)K4KUOX1_O^7%#QQVJ[
M ))HS @V@#.B.77_,8,A6^F@JYTB'I^9/MUG^]XE]]EV3@5")T8T_RPGHUX1
M&8Z_5-FRFX>"O)#91*HW#YZ,">"9C&:4%G$$^77YM=;-U^5JO<"R*DL+>*F
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M.X#?+G]T]P5_J/_822?DWQ=0EX  23'7K%(65]*47%-D$$>H(C0H_1WIB\9
M<EYJ Q' E" F)0.46UZ92EM%<R^F/7*Y>.O^4>!9YMF;PC,KGE$K!";+]X?@
MM  _;H[A$O7.^ZL'EZ8/$12_M3$471!3;_D<)_FY!'NBQIP'SB>+]G$Z/JG*
MOF@WRTT[8K)UWY#.^+V]2CDC[@M2:0!+3A@&"/2DJ(B ,F@)\FDK"'."J<7$
M:(@1XJ(B&BK)):H0X23W/-;@6)N8]1T^#,<CY/,#[33*A2'TJ6@7Q.))@<X
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M\ .40=L'TUN?:J[."TE9IYJ\-?.8ATJO_SSZ9<;X3LQ@Y5+2MS]W2XOV^<M
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M.IGJK($*6@VYX5(JB@&6W%GC6(E* "*PSGW50>]6<>170%H=+9I']3&%7F'
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M #?Q9_]S\^OL_B3N;A##7\($W]VC].+:3V;Y['*23^\N%]6G:(U=[OQ@T\C
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M.YRV)H/&!['G9G"/=+^<3K__U^J:>GNI[:9%-*+6'?/INNCFOO-:2\-G &F
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MV' JV'# 6'/.Q_!./8,="6 (")Z&MMT]C&5:*N5U6)P>$ T(WMIV FA_SO[
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MP"CE-FAK'"RSE.*=X_?.](FLYDP?YD[BA-WP<,<,.XN,82)L^9HZ(975P0
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M=Z'Z##-;N5!]9MQ,:PRD,\[$PNS<\W!*O(L\LTEE9,;N3NH1RGW*J,>[TGI
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MN_0B@]XTP]K'_#'_-J ZV,W!3N:7TW*^K*41#O3*I+&&."80\(Y:KW5,1=!
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M>>N3V7*VG7N^O:P.#:Z*NY];QG#]#V<,*^Z,]9A(QICF3& 4."B!$%H'$29
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M%AFSI<T)FU(@;XRH:D?.SY[WTCC;%VK>K?CTIH@U^@Z Y7ZSS&%FD*& :F,
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MQ[8[#>=(I!3A?2$GQ6ZT8!?<[RWTX>*VJ$+7V>?713X?, IV_?D:X0X/&V9
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M;:$46FA-N%.PWI9=,W%B[1*-WX^/9&_C]N>/&*J"<EE&+\CJK_N2*IJ,E6&
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MQ6+G7SRK.T4BA'#(6N.MHYH3R8EE'$K.N1'AV-;D3G&/;MC'XP,$U.J7&8"
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MG![-TZ,5TB806F!L=Z9MB@$;Z0B[J+:*$>1XH(,ZI:0WP'N+J0*:]5MYJ!^
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M,S,Q7V-A;"YX;6Q02P$"% ,4    " #V@)I*^\*V&.<H  !_^@$ %0
M        @ $([@  9&AI;"TR,#$W,#,S,5]D968N>&UL4$L! A0#%     @
M]H":2A>J0_7 C   &1H' !4              ( !(A<! &1H:6PM,C Q-S S
M,S%?;&%B+GAM;%!+ 0(4 Q0    ( /: FDIR(.[54U,  *D7!  5
M      "  16D 0!D:&EL+3(P,3<P,S,Q7W!R92YX;6Q02P4&      8 !@"*
) 0  F_<!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
