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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets:    
Accounts receivable, net $ 104,224 $ 99,274
Furniture, equipment and leasehold improvements, net 23,234 19,123
Intangible assets, net 467,783 442,519
Goodwill 397,098 348,836
Deferred taxes, net 23,199 23,171
Total assets 3,645,609 3,952,934
Liabilities:    
Accrued compensation and benefits 117,681 181,805
Accounts payable and accrued liabilities 39,375 33,200
Dividends payable 14,576 15,812
Contingent consideration 94,421 128,400
Debt 294,218 255,025
Other liabilities 96,388 87,827
Total liabilities 2,678,501 3,016,280
Commitments and Contingencies (Note 14)
Redeemable noncontrolling interests 110,399 113,718
Equity attributable to Virtus Investment Partners, Inc.:    
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 12,158,319 shares issued and 7,254,786 shares outstanding at June 30, 2023; and 12,033,247 shares issued and 7,181,554 shares outstanding at December 31, 2022 122 120
Additional paid-in capital 1,286,775 1,286,244
Retained earnings (accumulated deficit) 174,011 130,261
Accumulated other comprehensive income (loss) (147) (358)
Treasury stock, at cost, 4,903,533 and 4,851,693 shares at June 30, 2023 and December 31, 2022, respectively (609,248) (599,248)
Total equity attributable to Virtus Investment Partners, Inc. 851,513 817,019
Total equity 856,709 822,936
Total liabilities and equity 3,645,609 3,952,934
Consolidated entity excluding consolidated investment products    
Assets:    
Cash and cash equivalents 201,462 338,234
Investments 123,339 100,330
Other assets 98,787 94,944
Consolidated Investment Products    
Assets:    
Cash and cash equivalents 155,529 250,301
Investments 2,024,986 2,190,113
Cash pledged or on deposit of CIP 688 644
Other assets 25,280 45,445
Liabilities:    
Notes payable of CIP 1,911,579 2,083,314
Securities purchased payable and other liabilities of CIP 110,263 230,897
Equity attributable to Virtus Investment Partners, Inc.:    
Noncontrolling interests $ 5,196 $ 5,917