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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets:    
Accounts receivable, net $ 97,899 $ 99,274
Furniture, equipment and leasehold improvements, net 19,440 19,123
Intangible assets, net 428,128 442,519
Goodwill 348,836 348,836
Deferred taxes, net 21,696 23,171
Total assets 3,698,047 3,952,934
Liabilities:    
Accrued compensation and benefits 69,103 181,805
Accounts payable and accrued liabilities 38,564 33,200
Dividends payable 14,822 15,812
Contingent consideration 101,221 128,400
Debt 254,621 255,025
Other liabilities 84,945 87,827
Total liabilities 2,747,120 3,016,280
Commitments and Contingencies (Note 14)
Redeemable noncontrolling interests 106,630 113,718
Equity attributable to Virtus Investment Partners, Inc.:    
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 12,140,087 shares issued and 7,288,394 shares outstanding at March 31, 2023; and 12,033,247 shares issued and 7,181,554 shares outstanding at December 31, 2022 121 120
Additional paid-in capital 1,281,509 1,286,244
Retained earnings (accumulated deficit) 155,792 130,261
Accumulated other comprehensive income (loss) (259) (358)
Treasury stock, at cost, 4,851,693 and 4,851,693 shares at March 31, 2023 and December 31, 2022, respectively (599,248) (599,248)
Total equity attributable to Virtus Investment Partners, Inc. 837,915 817,019
Total equity 844,297 822,936
Total liabilities and equity 3,698,047 3,952,934
Consolidated entity excluding consolidated investment products    
Assets:    
Cash and cash equivalents 213,424 338,234
Investments 115,663 100,330
Other assets 90,399 94,944
Consolidated Investment Products    
Assets:    
Cash and cash equivalents 204,012 250,301
Investments 2,108,738 2,190,113
Cash pledged or on deposit of CIP 741 644
Other assets 49,071 45,445
Liabilities:    
Notes payable of CIP 2,056,472 2,083,314
Securities purchased payable and other liabilities of CIP 127,372 230,897
Equity attributable to Virtus Investment Partners, Inc.:    
Noncontrolling interests $ 6,382 $ 5,917