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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets:    
Accounts receivable, net $ 107,014 $ 99,274
Furniture, equipment and leasehold improvements, net 25,503 19,123
Intangible assets, net 452,338 442,519
Goodwill 397,098 348,836
Deferred taxes, net 23,659 23,171
Total assets 3,765,299 3,952,934
Liabilities:    
Accrued compensation and benefits 161,745 181,805
Accounts payable and accrued liabilities 32,740 33,200
Dividends payable 16,860 15,812
Contingent consideration 94,421 128,400
Debt 273,815 255,025
Other liabilities 93,134 87,827
Total liabilities 2,801,481 3,016,280
Commitments and Contingencies (Note 14)
Redeemable noncontrolling interests 96,266 113,718
Equity attributable to Virtus Investment Partners, Inc.:    
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 12,160,311 shares issued and 7,182,763 shares outstanding at September 30, 2023; and 12,033,247 shares issued and 7,181,554 shares outstanding at December 31, 2022 122 120
Additional paid-in capital 1,295,988 1,286,244
Retained earnings (accumulated deficit) 190,615 130,261
Accumulated other comprehensive income (loss) (373) (358)
Treasury stock, at cost, 4,977,548 and 4,851,693 shares at September 30, 2023 and December 31, 2022, respectively (624,248) (599,248)
Total equity attributable to Virtus Investment Partners, Inc. 862,104 817,019
Total equity 867,552 822,936
Total liabilities and equity 3,765,299 3,952,934
Consolidated entity excluding consolidated investment products    
Assets:    
Cash and cash equivalents 195,403 338,234
Investments 152,349 100,330
Other assets 97,809 94,944
Consolidated Investment Products    
Assets:    
Cash and cash equivalents 209,747 250,301
Investments 2,069,215 2,190,113
Cash pledged or on deposit of CIP 683 644
Other assets 34,481 45,445
Liabilities:    
Notes payable of CIP 1,943,949 2,083,314
Securities purchased payable and other liabilities of CIP 184,817 230,897
Equity attributable to Virtus Investment Partners, Inc.:    
Noncontrolling interests $ 5,448 $ 5,917