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Investments (Tables)
 9 Months Ended
Sep. 30, 2019
Investments Schedule [Abstract]  
Summary of Investments The Company's investments, excluding the assets of consolidated investment products ("CIP") discussed in Note 17, at September 30, 2019 and December 31, 2018, were as follows:
 
September 30, 2019
 
December 31, 2018
($ in thousands)
 
 
 
Investment securities - fair value
$
23,651

 
$
59,271

Investment securities - available for sale
—

 
2,023

Equity method investments
11,562

 
10,573

Nonqualified retirement plan assets
8,039

 
6,716

Other investments
1,331

 
975

Total investments
$
44,583

 
$
79,558
Schedule of Marketable Securities The composition of the Company’s investment securities - fair value is summarized as follows:
 
September 30, 2019
 
December 31, 2018
 
Cost
 
Fair Value
 
Cost
 
Fair Value
($ in thousands)
 
 
 
 
 
 
 
Investment Securities - fair value
 
 
 
 
 
 
 
Sponsored funds
$
10,991

 
$
12,366

 
$
43,507

 
$
40,191

Equity securities
9,982

 
11,257

 
16,380

 
16,981

Debt securities
44

 
28

 
3,816

 
2,099

Total Investment Securities - fair value
$
21,017

 
$
23,651

 
$
63,703

 
$
59,271
Schedule of Investment Securities - Available-for-Sale The composition of the Company’s investment securities - available for sale as of December 31, 2018 is summarized as follows:
 
December 31, 2018
 
Cost
 
Unrealized Loss
 
Unrealized Gain
 
Fair Value
($ in thousands)
 
 
 
 
 
 
 
Investment Securities - available for sale
 
 
 
 
 
 
 
Investments in CLOs
$
3,696

 
$
(1,673
)
 
$
—

 
$
2,023