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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2020
Fair Value Disclosures [Abstract]  
Fair Value Of Certain Financial Assets And Liabilities
The fair value of certain financial assets of the Company was determined using the following inputs:
 
 
 
 
Fair Value Measurements at the End of the Reporting Period Using
Assets
 
March 31, 2020
 
Quoted Prices
in
Active  Markets
for Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
Equity securities
 
$
10,033

 
$
10,033

 
$

Available-for-sale debt securities
 
100,525

 

 
100,525

Fixed-income securities owned
 
31,420

 

 
31,420

Investment funds sponsored by LSV (1)
 
3,753

 
 
 
 
 
 
$
145,731

 
$
10,033

 
$
131,945


 
 
 
 
Fair Value Measurements at the End of the Reporting Period Using
Assets
 
December 31, 2019
 
Quoted Prices
in
Active  Markets
for Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
Equity securities
 
$
12,119

 
$
12,119

 
$

Available-for-sale debt securities
 
104,798

 

 
104,798

Fixed-income securities owned
 
33,486

 

 
33,486

Investment funds sponsored by LSV (1)
 
5,988

 
 
 
 
 
 
$
156,391

 
$
12,119

 
$
138,284


(1) The fair value amounts presented in the tables above are intended to permit reconciliation of the fair value hierarchy to the amounts presented on the accompanying Consolidated Balance Sheets (See Note 5).