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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 732,164 $ 729,547
Cash restricted or segregated under regulations and other 41,116 6,500
Securities borrowed 1,928,763 1,399,684
Securities purchased under agreements to resell 143,032 15,475
Receivables from broker-dealers and clearing organizations 1,318,584 1,101,449
Trading assets, at fair value:    
Financial instruments owned 2,068,734 1,848,806
Financial instruments owned and pledged 696,956 791,115
Receivables from customers 103,531 10,567
Property, equipment and capitalized software (net of accumulated depreciation of $457,229 and $323,718 as of December 31, 2019 and December 31, 2018, respectively) 116,089 113,322
Operating lease right-of-use assets 314,526  
Goodwill 1,148,926 836,583
Intangibles (net of accumulated amortization of $219,239 and $148,644 as of December 31, 2019 and December 31, 2018, respectively) 529,638 83,989
Deferred tax assets 214,671 200,359
Other assets ($48,966 and $48,273, at fair value, as of December 31, 2019 and December 31, 2018, respectively) 252,640 243,582
Total assets 9,609,370 7,380,978
Liabilities    
Short-term borrowings 73,486 15,128
Securities loaned 1,600,099 1,130,039
Securities sold under agreements to repurchase 340,742 281,861
Payables to broker-dealers and clearing organizations 826,750 567,441
Payables to customers 89,719 10,860
Trading liabilities, at fair value:    
Financial instruments sold, not yet purchased 2,497,958 2,475,395
Tax receivable agreement obligations 269,282 214,403
Accounts payable, accrued expenses and other liabilities 399,168 284,115
Operating lease liabilities 365,364  
Long-term borrowings 1,917,866 907,037
Total liabilities 8,380,434 5,886,279
Commitments and Contingencies (Note 15)
Virtu Financial Inc. Stockholders' equity    
Treasury stock, at cost, 2,178,771 and 2,178,771 shares at December 31, 2019 and December 31, 2018, respectively (55,005) (55,005)
Additional paid-in capital 1,077,398 1,010,468
Retained earnings (accumulated deficit) (90,374) 96,513
Accumulated other comprehensive income (loss) (647) (82)
Total Virtu Financial Inc. stockholders' equity 931,374 1,051,896
Noncontrolling interest 297,562 442,803
Total equity 1,228,936 1,494,699
Total liabilities and equity 9,609,370 7,380,978
Class A    
Virtu Financial Inc. Stockholders' equity    
Common stock (par value $0.00001) 1 1
Class B    
Virtu Financial Inc. Stockholders' equity    
Common stock (par value $0.00001) 0 0
Class C    
Virtu Financial Inc. Stockholders' equity    
Common stock (par value $0.00001) 0 0
Class D    
Virtu Financial Inc. Stockholders' equity    
Common stock (par value $0.00001) $ 1 $ 1