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Significant Accounting Policies - Revenues From Contracts with Customers (Details) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Disaggregation of Revenue [Line Items]    
Revenue $ 31,925,745 $ 32,579,373
Investment advisory    
Disaggregation of Revenue [Line Items]    
Revenue 30,157,680 30,512,718
Mutual fund administration revenue, net    
Disaggregation of Revenue [Line Items]    
Revenue 1,768,065 2,066,655
Proprietary funds    
Disaggregation of Revenue [Line Items]    
Revenue 25,222,628 25,646,532
Proprietary funds | Investment advisory    
Disaggregation of Revenue [Line Items]    
Revenue 23,454,563 23,579,877
Proprietary funds | Mutual fund administration revenue, net    
Disaggregation of Revenue [Line Items]    
Revenue 1,768,065 2,066,655
Sub-advised funds and separately managed accounts    
Disaggregation of Revenue [Line Items]    
Revenue 6,703,117 6,932,841
Sub-advised funds and separately managed accounts | Investment advisory    
Disaggregation of Revenue [Line Items]    
Revenue 6,703,117 6,932,841
Sub-advised funds and separately managed accounts | Mutual fund administration revenue, net    
Disaggregation of Revenue [Line Items]    
Revenue $ 0 $ 0