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Investments (Tables)
 12 Months Ended
Dec. 31, 2019
Investments Schedule [Abstract]  
Summary of Investments The Company’s investments, excluding the assets of CIP discussed in Note 20, at December 31, 2019 and 2018 were as follows: 
 
December 31,
(in thousands)
2019
 
2018
Investment securities - fair value
$
60,990

 
$
59,271

Investment securities - available for sale
—

 
2,023

Equity method investments
12,030

 
10,573

Nonqualified retirement plan assets
8,724

 
6,716

Other investments
1,462

 
975

Total investments
$
83,206

 
$
79,558
Schedule of Marketable Securities The composition of the Company’s investment securities - fair value were as follows: 
December 31, 2019
 
 
 
(in thousands)
Cost
 
Fair
Value
Investment Securities - fair value:
 
 
 
Sponsored funds
$
44,588

 
$
47,654

Equity securities
11,250

 
13,320

Debt securities
44

 
16

Total investment securities - fair value
$
55,882

 
$
60,990

 
December 31, 2018
 
(in thousands)
Cost
 
Fair
Value
Investment Securities - fair value:
 
 
 
Sponsored funds
$
43,507

 
$
40,191

Equity securities
16,380

 
16,981

Debt securities
3,816

 
2,099

Total investment securities - fair value
$
63,703

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

 
$
(1,673
)
 
$
—

 
$
2,023