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Concentration of Credit Risk (Tables)
12 Months Ended
Dec. 31, 2016
Risks and Uncertainties [Abstract]  
Summary of Funds Provided Ten Percent or More of Total Revenues
The following funds provided 10 percent or more of the total revenues of the Company: 
 
Years Ended December 31,
 
2016
 
2015
 
2014
($ in thousands)
 
 
 
 
 
Virtus Emerging Markets Opportunities Fund
 
 
 
 
 
Investment management, administration and transfer agent fees
$
49,085

 
$
62,329

 
$
50,435

Percent of total revenues
15
%
 
16
%
 
11
%
Virtus Multi-Sector Short Term Bond Fund
 
 
 
 
 
Investment management, administration and transfer agent fees
$
43,579

 
$
49,174

 
$
55,401

Percent of total revenues
14
%
 
13
%
 
12
%