Investment Portfolio (Tables)

6 Months Ended

Jun. 30, 2017

Investments, Debt and Equity Securities [Abstract]

The following table summarizes the carrying value of these investments as of June 30, 2017 and December 31, 2016:



	As of
	June 30, 2017		December 31, 2016
Trading investments:
Securities held in Consolidated Funds^(a)	$	63,590,205	$	57,355,471
Company sponsored investments	33,923,196		9,322,118
Company sponsored equity method investments	28,514,426		41,338,046
Total Investment portfolio	$	126,027,827	$	108,015,635

(a) Of the securities held in the Consolidated Funds as of June 30, 2017, $43.2 million were held directly by the Company and $20.4 million were held by noncontrolling shareholders. Of the securities held in the Consolidated Funds as of December 31, 2016, $42.6 million were held directly by the Company and $14.7 million were held by noncontrolling shareholders.

Equity Method Investments

The following table includes the condensed summary financial information from the Company's equity method investments as of and for the period ended June 30, 2017:



			As of
			June 30, 2017
Total assets			$	129,172,742
Total liabilities			34,386,878
Net assets			94,785,864
DHCM's portion of net assets			28,514,426

	For the Three Months Ended		For the Six Months Ended
	June 30, 2017		June 30, 2017
Investment income	$	727,295	$	1,521,561
Expenses	281,612		565,202
Net realized gains	1,605,052		2,571,725
Net change in unrealized appreciation/depreciation	1,100,299		3,614,185
Net income	3,151,034		7,142,269
DHCM's portion of net income	942,574		2,048,339