Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Mar. 31, 2012	Dec. 31, 2011
Assets
Cash and cash equivalents	$ 32,138	$ 25,630
Accounts receivable	7,129	5,625
Other current assets	1,410	1,601
Total current assets	40,677	32,856
Fixed assets, net	582	597
Investments	10,086	9,056
Other noncurrent assets	63	58
Total assets	51,408	42,567
Liabilities:
Fund management and administration payable	11,948	10,035
Compensation and benefits payable	1,237	4,168
Accounts payable and other liabilities	4,077	2,360
Total current liabilities	17,262	16,563
Other noncurrent liabilities	117	151
Total liabilities	17,379	16,714
Stockholders' equity:
Preferred stock, par value $0.01; 2,000 shares authorized:
Common stock, par value $0.01; 250,000 shares authorized; issued: 123,235 and 116,703; outstanding: 121,463 and 115,392	1,232	1,167
Additional paid-in capital	170,743	163,747
Accumulated deficit	(137,946)	(139,061)
Total stockholders' equity	34,029	25,853
Total liabilities and stockholders' equity	$ 51,408	$ 42,567