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Tax Receivable Agreements (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Apr. 15, 2015
Mar. 31, 2017
Dec. 31, 2015
Feb. 28, 2017
Dec. 31, 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    
First payment made   $ 7,000      
Deferred tax assets related to exchange of units $ 215,900        
Payments to certain Virtu Members 236,400        
Minimum tax receivable agreement obligation over the agreed period 300        
Maximum tax receivable agreement obligation over the agreed period $ 21,200        
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. $ 20,500        
Deferred tax asset recorded in connection with a stock offering       $ 5,800  
Amount of payment liability pursuant to tax receivable agreements       5,000  
Increase in additional paid-in capital related to tax receivable agreements       $ 800  
Deferred tax assets   189,600     $ 185,600
Tax receivable agreement obligations   $ 229,381     $ 231,404