XML 49 R35.htm IDEA: XBRL DOCUMENT v3.10.0.1
Investments (Tables)
 12 Months Ended
Dec. 31, 2018
Investments Schedule [Abstract]  
Summary of Investments
The Company’s investments, excluding the assets of consolidated investment products discussed in Note 19, at December 31, 2018 and 2017 were as follows: 
 
December 31,
($ in thousands)
2018
 
2017
Investment securities - fair value
$
59,271

 
$
69,101

Investment securities - available for sale
2,023

 
20,662

Equity method investments
10,573

 
11,098

Nonqualified retirement plan assets
6,716

 
6,706

Other investments
975

 
925

Total investments
$
79,558

 
$
108,492
Schedule of Marketable Securities
The composition of the Company’s investment securities - fair value is summarized as follows: 
December 31, 2018
 
 
 
($ in thousands)
Cost
 
Fair
Value
Investment Securities - Equity:
 
 
 
Sponsored funds
$
43,507

 
$
40,191

Equity securities
16,380

 
16,981

Trading debt securities
3,816

 
2,099

Total investment securities - equity
$
63,703

 
$
59,271

 
December 31, 2017
 
($ in thousands)
Cost
 
Fair
Value
Investment Securities - Equity:
 
 
 
Sponsored funds
$
50,845

 
$
50,614

Equity securities
13,141

 
15,810

Trading debt securities
3,816

 
2,677

Total investment securities - equity
$
67,802

 
$
69,101
Debt Securities, Available-for-sale
The composition of the Company’s investment securities - available for sale is summarized as follows:
December 31, 2018
 
 
 
 
 
 
 
($ in thousands)
Cost
 
Unrealized
Loss
 
Unrealized
Gain
 
Fair
Value
Investments in CLOs
$
3,696

 
$
(1,673
)
 
$
—

 
$
2,023

December 31, 2017
 
 
 
 
 
 
 
($ in thousands)
Cost
 
Unrealized
Loss
 
Unrealized
Gain
 
Fair
Value
Investments in CLOs
$
21,240

 
$
(630
)
 
$
52

 
$
20,662