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Tax Receivable Agreements (Details)
$ in Thousands
12 Months Ended
Apr. 15, 2015
USD ($)
Dec. 31, 2015
USD ($)
Tax Receivable Agreements    
Payment on applicable cash tax savings (as a percent) 85  
First payment due after filing of company's tax return   120 days
Deferred tax assets related to exchange of units $ 196,500  
Payments to Virtu Post-IPO Members and Investor Post-IPO Stockholders 218,400  
Minimum tax receivable agreement obligation over the agreed period 8,100  
Maximum tax receivable agreement obligation over the agreed period $ 16,800  
Period over which the obligations are to be settled 15 years  
Reduction of paid-in capital for the difference between TRA liability and related deferred tax asset. $ 21,900  
Deferred tax assets   $ 187,000
Tax receivable agreement obligations   $ 218,399