XML 25 R37.htm IDEA: XBRL DOCUMENT v2.4.0.8
Investments - Components of EAM's investment management operations (Details 2) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended 9 Months Ended
Jan. 31, 2014
Jan. 31, 2013
Jan. 31, 2014
Jan. 31, 2013
Schedule of Investments [Line Items]        
Value Line's non-voting revenues interest $ 1,767 $ 1,472 $ 5,028 $ 4,280
EAM's net income 2,026 1,747 5,087 5,095
EAM Trust
        
Schedule of Investments [Line Items]        
Investment management fees earned from the Value Line Funds, net of fee waivers 3,750 3,252 10,815 9,481
12b-1 fees and other fees, net of fee waivers 1,344 992 3,757 2,868
Other income 3 5 13 5
Investment management fee waivers 22 [1] 16 [1] 69 [1] 363 [1]
12b-1 fee waivers 396 [1] 545 [1] 1,298 [1] 1,635 [1]
Value Line's non-voting revenues interest 1,767 1,472 5,028 4,280
EAM's net income $ 414 [2] $ 306 [2] $ 1,138 [2] $ 694 [2]
[1] During fiscal 2013, investment management fee waivers primarily related to the U.S. Government Money Market Fund ("USGMMF") which was merged into a third party fund, the Daily Income Fund, managed by Reich & Tang, effective October 19, 2012. During fiscal 2014 and 2013, the 12b-1 fee waivers related to seven and nine of the Value Line Mutual Funds, respectively.
[2] Represents EAM's net income, after giving effect to Value Line's non-voting revenues interest, but before distributions to voting profits interest holders and to the Company in respect of its 50% non-voting profits interest.