Subsequent Events (Tables)

3 Months Ended

Mar. 31, 2018

Subsequent Events [Abstract]

Summary of Allocation Of Preliminary Purchase Price

The following table summarizes the preliminary allocation of the purchase price as of the acquisition date:

Purchase price
Preferred Shares issued		14,750
Conversion ratio		1,000
Common stock equivalents		14,750,000
Common Shares issued		15,250,000
Total shares issued		30,000,000
WisdomTree stock price(1)	$	9.00
Equity portion of purchase price	$	270,000
Cash portion of purchase price
Term loan		200,000
Cash on hand		53,000
Purchase price		523,000
Deferred consideration(2)		172,746
Total	$	695,746
Preliminary allocation of consideration
ETFS net assets acquired(3)		8,500
Intangible assets(4)		602,396
Fair value of net assets acquired		610,896
Preliminary goodwill resulting from the ETFS acquisition (5)	$	84,850

Summary of Financial covenant and Leverage Ratio

The Credit Agreement includes a financial covenant that requires that the Company maintain a Total Leverage Ratio, calculated as of the last day of each fiscal quarter commencing with the fiscal quarter ending September 30, 2018, equal to or less than the ratio set forth opposite such fiscal quarter:

Fiscal Quarter Ending	Total Leverage Ratio
September 30, 2018		2.75:1.00
December 31, 2018		2.75:1.00
March 31, 2019		2.75:1.00
June 30, 2019		2.50:1.00
September 30, 2019		2.50:1.00
December 31, 2019		2.50:1.00
March 31, 2020		2.25:1.00
June 30, 2020		2.25:1.00
September 30, 2020 and each subsequent fiscal quarter ending on or before the Maturity Date		2.00:1.00