Investments (Tables)

3 Months Ended

Mar. 31, 2015

Schedule of Investments [Abstract]

Carrying Value of Investments in Merchant Banking Funds

The carrying value of the Company’s investments in merchant banking funds are as follows:

	As of March 31,		As of December 31,
	2015		2014
	(in thousands, unaudited)
Investment in GCP I	$	1,210	$	1,600
Investment in GCP II	887		907
Investment in other merchant banking funds	1,578		1,666
Total investments in merchant banking funds	$	3,675	$	4,173

Investment Revenues by Source

The Company’s investment revenues, by source, are as follows:

	For the Three Months Ended March 31,
	2015			2014
	(in thousands, unaudited)
Net realized and unrealized gains (losses) on investments in merchant banking funds	$	(238	)	$	(5,205	)
Deferred gain on sale of certain merchant banking assets	—			49
Interest income	229			270
Total investment revenues (losses)	$	(9	)	$	(4,886	)