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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 68,429 $ 74,972
Securities owned, at fair value (including $19,636 and $16,886 invested in WisdomTree ETFs at March 31, 2020 and December 31, 2019, respectively) 20,261 17,319
Accounts receivable (including $20,169 and $25,667 due from related parties at March 31, 2020 and December 31, 2019, respectively) 22,728 26,838
Prepaid expenses 4,221 3,724
Other current assets 171 207
Total current assets 115,810 123,060
Fixed assets, net 7,914 8,127
Notes receivable, net (Note 8) 8,500 28,172
Indemnification receivable (Note 21) 24,429 32,101
Securities held-to-maturity 10,864 16,863
Deferred tax assets, net 2,863 7,398
Investments (Note 9) 11,192 11,192
Right of use assets – operating leases (Note 14) 17,680 18,161
Goodwill (Note 23) 85,856 85,856
Intangible assets (Note 23) 601,247 603,294
Other noncurrent assets 750 983
Total assets 887,105 935,207
Current liabilities:    
Fund management and administration payable 22,053 22,021
Compensation and benefits payable 3,424 26,501
Deferred consideration – gold payments (Note 11) 14,500 13,953
Securities sold, but not yet purchased, at fair value 469 582
Operating lease liabilities (Note 14) 3,470 3,682
Income taxes payable 1,284 3,372
Accounts payable and other liabilities 9,129 8,930
Total current liabilities 54,329 79,041
Debt (Note 12) 171,548 175,956
Deferred consideration – gold payments (Note 11) 160,800 159,071
Operating lease liabilities (Note 14) 18,661 19,057
Other noncurrent liabilities (Note 21) 24,429 32,101
Total liabilities 429,767 465,226
Preferred stock – Series A Non-Voting Convertible, par value $0.01; 14.750 shares authorized, issued and outstanding; redemption value of $50,003 and $71,980 at March 31, 2020 and December 31, 2019, respectively (Note 13) 132,569 132,569
Contingencies (Note 15)
Stockholders' equity    
Preferred stock, par value $0.01; 2,000 shares authorized:
Common stock, par value $0.01; 250,000 shares authorized; issued and outstanding: 156,424 and 155,264 at March 31, 2020 and December 31, 2019, respectively 1,564 1,553
Additional paid-in capital 349,495 352,658
Accumulated other comprehensive income 92 945
Accumulated deficit (26,382) (17,744)
Total stockholders' equity 324,769 337,412
Total liabilities and stockholders' equity $ 887,105 $ 935,207