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Condensed Consolidated Statements of Financial Condition (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Cash and cash equivalents $ 249,360 $ 299,551
Trading - U.S. Treasury Bills 143,140 68,299
Investments in equity securities (includes GAMCO stock with a fair value of $16,248 and $16,920, respectively) 194,736 199,040
Investments in affiliated registered investment companies 174,592 165,515
Investments in partnerships 144,611 139,988
Receivable from brokers 27,373 27,634
Investment advisory fees receivable 1,103 4,142
Income taxes receivable, including deferred tax assets, net 2,108 6,021
Goodwill 3,519 3,519
Other assets 17,462 20,944
Total assets 959,126 935,289
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY    
Payable to brokers 6,886 5,491
Income taxes payable, including deferred tax liabilities, net 4,046 0
Compensation payable 18,213 17,747
Securities sold, not yet purchased 7,243 8,436
Accrued expenses and other liabilities 2,314 5,317
Total liabilities 38,702 36,991
Redeemable noncontrolling interests 5,770 5,592
Commitments and contingencies (Note 11)
Equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued and outstanding 0 0
Additional paid-in capital 999,047 999,047
Retained earnings 69,950 45,809
Treasury stock, at cost (4,467,940 and 4,407,681 shares, respectively) (154,368) (152,175)
Total equity 914,654 892,706
Total liabilities, redeemable noncontrolling interests and equity 959,126 935,289
Common Class A [Member]    
Equity:    
Common Stock 6 6
Common Class B [Member]    
Equity:    
Common Stock 19 19
Affiliated Entity [Member]    
Receivable from affiliates 1,122 636
Investment, Affiliated Issuer [Member]    
Investments in affiliated registered investment companies $ 174,592 $ 165,515