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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Revenues:    
Total revenues $ 65,485 $ 58,904
Operating Expenses:    
Compensation and benefits 21,301 18,832
Fund management and administration 15,166 10,912
Marketing and advertising 2,680 3,195
Sales and business development 4,422 3,813
Contractual gold payments (Note 11) 3,098  
Professional and consulting fees 1,482 1,636
Occupancy, communications and equipment 1,618 1,363
Depreciation and amortization 269 355
Third-party distribution fees 2,400 1,725
Acquisition-related costs (Note 3) 313 2,062
Other 2,053 1,790
Total expenses 54,802 45,683
Operating income 10,683 13,221
Other Income/(Expenses):    
Interest expense (2,892)  
Gain on revaluation of deferred consideration – gold payments (Note 11) 4,404  
Interest income 779 962
Impairment (Note 14) (572)  
Other losses, net (4,627) (261)
Income before taxes 7,775 13,922
Income tax (benefit)/expense (1,049) 4,498
Net income $ 8,824 $ 9,424
Earnings per share—basic $ 0.05 $ 0.07
Earnings per share—diluted $ 0.05 $ 0.07
Weighted-average common shares—basic 151,625 135,329
Weighted-average common shares—diluted 166,811 136,468
Cash dividends declared per common share $ 0.03 $ 0.03
Advisory Fees [Member]    
Operating Revenues:    
Total revenues $ 64,840 $ 58,456
Other Income [Member]    
Operating Revenues:    
Total revenues $ 645 $ 448