XML 53 R41.htm IDEA: XBRL DOCUMENT v3.5.0.2
Tax Receivable Agreements (Details) - USD ($)
$ in Thousands
12 Months Ended
Apr. 15, 2015
Dec. 31, 2015
Sep. 30, 2016
Tax Receivable Agreements      
Payment on applicable cash tax savings (as a percent) 85.00%    
First payment due after filing of company's tax return   120 days  
Deferred tax assets related to exchange of units $ 205,800    
Payments to Virtu Post-IPO Members and Investor Post-IPO Stockholders 226,000    
Minimum tax receivable agreement obligation over the agreed period 7,400    
Maximum tax receivable agreement obligation over the agreed period $ 20,100    
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. $ 20,200    
Deferred tax asset recorded in connection with a stock offering     $ 9,300
Amount of payment liability pursuant to tax receivable agreements     7,600
Increase in additional paid-in capital related to tax receivable agreements     1,700
Deferred tax assets     187,400
Tax receivable agreement obligations   $ 218,399 $ 226,048