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Investment Portfolio (Tables)

3 Months Ended

Mar. 31, 2019

Investments, Debt and Equity Securities [Abstract]

Summary of Market Value of Investments

The following table summarizes the carrying value of these investments as of March 31, 2019 and December 31, 2018:

	As of
	March 31, 2019				December 31, 2018
Fair value investments:
Securities held in Consolidated Funds(a)	$	78,997,408			$	153,730,480
Company sponsored investments	39,533,699				33,418,088
Company sponsored equity method investments	46,260,613				16,339,649
Total Investments	$	164,791,720			$	203,488,217

(a) Of the securities held in the Consolidated Funds as of March 31, 2019, $48.8 million were held directly by the Company and $30.2 million were held by noncontrolling shareholders. Of the securities held in the Consolidated Funds as of December 31, 2018, $84.7 million were held directly by the Company and $69.0 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 March 31, 2019:

	As of
	March 31, 2019
Total assets	$	171,333,153
Total liabilities	34,730,660
Net assets	136,602,493
DHCM's portion of net assets	46,260,613
	For the Three Months Ended
	March 31, 2019
Investment income	$	1,373,481
Expenses	291,103
Net realized gains	398,296
Net change in unrealized appreciation	8,205,267
Net income	9,685,941
DHCM's portion of net income	3,415,624

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

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No definition available.

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X

- Definition

Tabular disclosure of the summary of investment holdings.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 946
-SubTopic 320
-Section S99
-Paragraph 4
-Subparagraph (SX 210.12-12C)
-URI http://asc.fasb.org/extlink&oid=50485924&loc=d3e611225-123010

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