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Significant Accounting Policies - Revenues From Contracts with Customers (Details) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Disaggregation of Revenue [Line Items]    
Revenue $ 32,579,373 $ 37,782,002
Investment advisory    
Disaggregation of Revenue [Line Items]    
Revenue 30,512,718 34,631,290
Mutual fund administration, net    
Disaggregation of Revenue [Line Items]    
Revenue 2,066,655 3,150,712
Proprietary funds    
Disaggregation of Revenue [Line Items]    
Revenue 25,646,532 30,455,911
Proprietary funds | Investment advisory    
Disaggregation of Revenue [Line Items]    
Revenue 23,579,877 27,305,199
Proprietary funds | Mutual fund administration, net    
Disaggregation of Revenue [Line Items]    
Revenue 2,066,655 3,150,712
Sub-advised funds and institutional accounts    
Disaggregation of Revenue [Line Items]    
Revenue 6,932,841 7,326,091
Sub-advised funds and institutional accounts | Investment advisory    
Disaggregation of Revenue [Line Items]    
Revenue 6,932,841 7,326,091
Sub-advised funds and institutional accounts | Mutual fund administration, net    
Disaggregation of Revenue [Line Items]    
Revenue $ 0 $ 0