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Consolidated Statements of Shareholders’ Equity and Redeemable Noncontrolling Interest (unaudited) - USD ($)
Total
Common Stock
Deferred Equity Compensation
Retained Earnings
Beginning balance (shares) at Dec. 31, 2017   3,470,428    
Beginning Balance at Dec. 31, 2017 $ 172,443,820 $ 118,209,111 $ (19,134,963) $ 73,369,672
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of restricted stock grants (shares)   63,950    
Issuance of restricted stock grants   $ 12,298,334 (12,298,334)  
Amortization of restricted stock grants 4,814,465   4,814,465  
Issuance of stock grants (in shares)   20,153    
Issuance of stock grants 4,109,197 $ 4,109,197    
Issuance of common stock related to 401k plan match (in shares)   8,481    
Issuance of common stock related to 401k plan match 1,658,358 $ 1,658,358    
Shares withheld related to employee tax withholding (in shares)   (7,964)    
Shares withheld related to employee tax withholding (1,602,528) $ (1,602,528)    
Forfeiture of restricted stock grants (shares)   (20,900)    
Forfeiture of restricted stock grants   $ (4,116,626) 4,116,626  
Net income 42,567,882     42,567,882
Ending balance (shares) at Sep. 30, 2018   3,534,148    
Ending Balance at Sep. 30, 2018 223,991,194 $ 130,555,846 (22,502,206) 115,937,554
Beginning balance attributable to redeemable noncontrolling Interests at Dec. 31, 2017 20,076,806      
Increase (Decrease) in Temporary Equity [Roll Forward]        
Net Income Attributable to Redeemable Noncontrolling Interest 1,671,640      
Net subscriptions of consolidated funds 22,521,607      
Net consolidations (deconsolidations) of Company sponsored investments 16,444,640      
Ending balance attributable to redeemable noncontrolling Interests at Sep. 30, 2018 60,714,693      
Beginning balance (shares) at Jun. 30, 2018   3,532,634    
Beginning Balance at Jun. 30, 2018 207,079,043 $ 130,369,411 (24,019,869) 100,729,501
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of restricted stock grants (shares)   2,300    
Issuance of restricted stock grants   $ 380,397 (380,397)  
Amortization of restricted stock grants 1,798,230   1,798,230  
Issuance of common stock related to 401k plan match (in shares)   3,239    
Issuance of common stock related to 401k plan match 591,232 $ 591,232    
Shares withheld related to employee tax withholding (in shares)   (3,525)    
Shares withheld related to employee tax withholding (685,364) $ (685,364)    
Forfeiture of restricted stock grants (shares)   (500)    
Forfeiture of restricted stock grants   $ (99,830) 99,830  
Net income 15,208,053     15,208,053
Ending balance (shares) at Sep. 30, 2018   3,534,148    
Ending Balance at Sep. 30, 2018 223,991,194 $ 130,555,846 (22,502,206) 115,937,554
Beginning balance attributable to redeemable noncontrolling Interests at Jun. 30, 2018 50,777,801      
Increase (Decrease) in Temporary Equity [Roll Forward]        
Net Income Attributable to Redeemable Noncontrolling Interest 1,191,317      
Net subscriptions of consolidated funds 8,745,575      
Ending balance attributable to redeemable noncontrolling Interests at Sep. 30, 2018 $ 60,714,693      
Beginning balance (shares) at Dec. 31, 2018 3,470,428 3,499,285    
Beginning Balance at Dec. 31, 2018 $ 195,575,943 $ 124,933,060 (22,008,054) 92,650,937
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of restricted stock grants (shares)   52,269    
Issuance of restricted stock grants   $ 7,233,016 (7,233,016)  
Amortization of restricted stock grants 4,874,121   4,874,121  
Issuance of stock grants (in shares)   24,048    
Issuance of stock grants 3,655,296 $ 3,655,296    
Issuance of common stock related to 401k plan match (in shares)   13,027    
Issuance of common stock related to 401k plan match 1,850,080 $ 1,850,080    
Shares withheld related to employee tax withholding (in shares)   (7,388)    
Shares withheld related to employee tax withholding (1,039,631) $ (1,039,631)    
Forfeiture of restricted stock grants (shares)   (11,700)    
Forfeiture of restricted stock grants   $ (2,127,467) 2,127,467  
Repurchase of common stock (shares)   (165,802)    
Repurchase of common stock (23,239,061) $ (23,239,061)    
Net income $ 41,545,254     41,545,254
Ending balance (shares) at Sep. 30, 2019 3,403,739 3,403,739    
Ending Balance at Sep. 30, 2019 $ 223,222,002 $ 111,265,293 (22,239,482) 134,196,191
Beginning balance attributable to redeemable noncontrolling Interests at Dec. 31, 2018 62,679,687      
Increase (Decrease) in Temporary Equity [Roll Forward]        
Net Income Attributable to Redeemable Noncontrolling Interest 3,684,799      
Net subscriptions of consolidated funds 5,689,957      
Net consolidations (deconsolidations) of Company sponsored investments (61,392,098)      
Ending balance attributable to redeemable noncontrolling Interests at Sep. 30, 2019 10,662,345      
Beginning balance (shares) at Jun. 30, 2019   3,443,464    
Beginning Balance at Jun. 30, 2019 217,694,738 $ 116,835,709 (21,919,702) 122,778,731
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of restricted stock grants (shares)   23,219    
Issuance of restricted stock grants   $ 3,207,195 (3,207,195)  
Amortization of restricted stock grants 1,498,405   1,498,405  
Issuance of common stock related to 401k plan match (in shares)   4,551    
Issuance of common stock related to 401k plan match 628,465 $ 628,465    
Shares withheld related to employee tax withholding (in shares)   (3,088)    
Shares withheld related to employee tax withholding (437,631) $ (437,631)    
Forfeiture of restricted stock grants (shares)   (7,200)    
Forfeiture of restricted stock grants   $ (1,389,010) 1,389,010  
Repurchase of common stock (shares)   (57,207)    
Repurchase of common stock (7,579,435) $ (7,579,435)    
Net income $ 11,417,460     11,417,460
Ending balance (shares) at Sep. 30, 2019 3,403,739 3,403,739    
Ending Balance at Sep. 30, 2019 $ 223,222,002 $ 111,265,293 $ (22,239,482) $ 134,196,191
Beginning balance attributable to redeemable noncontrolling Interests at Jun. 30, 2019 34,076,350      
Increase (Decrease) in Temporary Equity [Roll Forward]        
Net Income Attributable to Redeemable Noncontrolling Interest 99,177      
Net subscriptions of consolidated funds 538,128      
Net consolidations (deconsolidations) of Company sponsored investments (24,051,310)      
Ending balance attributable to redeemable noncontrolling Interests at Sep. 30, 2019 $ 10,662,345