Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenues
Investment management fees	$ 59,271	$ 57,644
Distribution and service fees	10,783	12,478
Administration and transfer agent fees	8,981	9,998
Other income and fees	741	175
Total revenues	79,776	80,295
Operating Expenses
Employment expenses	39,641	35,977
Distribution and other asset-based expenses	15,323	18,101
Other operating expenses	13,226	10,765
Depreciation and other amortization	664	862
Amortization expense	233	651
Total operating expenses	69,729	67,545
Operating Income	10,047	12,750
Other Income (Expense)
Realized and unrealized gain (loss) on investments, net	297	(658)
Other income, net	646	228
Total other income, net	5,387	2,100
Interest Income (Expense)
Interest and dividend income	188	273
Total interest income, net	2,744	4,576
Income Before Income Taxes	18,178	19,426
Income tax expense	4,433	7,556
Net Income	13,745	11,870
Noncontrolling interests	(718)	493
Net Income Attributable to Stockholders	13,027	12,363
Preferred stockholder dividends	(2,084)	0
Net Income Attributable to Common Stockholders	$ 10,943	$ 12,363
Earnings per share—Basic (in $ per share)	$ 1.67	$ 1.48
Earnings per Share—Diluted (in $ per share)	1.62	1.45
Cash Dividends Declared per Preferred Share (in $ per share)	1.8125	0
Cash Dividends Declared per Common Share (in $ per share)	$ 0.45	$ 0.45
Weighted Average Shares Outstanding—Basic (in shares)	6,542	8,344
Weighted Average Shares Outstanding—Diluted (in shares)	6,773	8,506
Parent
Interest Income (Expense)
Interest expense	$ (243)	$ (132)
Consolidated Sponsored Investment Products
Operating Expenses
Other operating expenses	577	1,133
Other Income (Expense)
Realized and unrealized gain (loss) on investments, net	3,726	295
Interest Income (Expense)
Interest and dividend income	1,495	2,961
Consolidated Investment Product
Revenues
Total revenues	4,879
Operating Expenses
Other operating expenses	65	56
Other Income (Expense)
Realized and unrealized gain (loss) on investments, net	718	2,235
Interest Income (Expense)
Interest expense	(2,857)	(732)
Interest and dividend income	4,161	$ 2,206
Net Income Attributable to Common Stockholders	$ 1,957