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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets:    
Accounts receivable, net $ 116,387 $ 109,076
Furniture, equipment and leasehold improvements, net 26,088 26,216
Intangible assets, net 416,784 432,119
Goodwill 397,098 397,098
Deferred taxes, net 23,974 25,024
Total assets 3,548,125 3,678,629
Liabilities:    
Accrued compensation and benefits 95,591 200,837
Accounts payable and accrued liabilities 44,282 38,756
Dividends payable 16,553 17,291
Contingent consideration 66,704 90,938
Debt 253,008 253,412
Other liabilities 67,460 91,471
Total liabilities 2,556,937 2,705,471
Commitments and Contingencies (Note 14)
Redeemable noncontrolling interests 115,185 104,869
Equity attributable to Virtus Investment Partners, Inc.:    
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 12,224,489 shares issued and 7,127,881 shares outstanding at March 31, 2024; and 12,163,228 shares issued and 7,087,728 shares outstanding at December 31, 2023 122 122
Additional paid-in capital 1,298,157 1,300,999
Retained earnings (accumulated deficit) 223,023 207,356
Accumulated other comprehensive income (loss) (187) (87)
Treasury stock, at cost, 5,096,608 and 5,075,500 shares at March 31, 2024 and December 31, 2023, respectively (649,463) (644,464)
Total equity attributable to Virtus Investment Partners, Inc. 871,652 863,926
Total equity 876,003 868,289
Total liabilities and equity 3,548,125 3,678,629
Consolidated Entity excluding Consolidated Investment Products    
Assets:    
Cash and cash equivalents 123,880 239,602
Investments 127,448 132,696
Other assets 79,596 89,438
Consolidated Investment Products    
Assets:    
Cash and cash equivalents 123,030 100,732
Investments 2,081,225 2,082,713
Cash pledged or on deposit of CIP 767 680
Other assets 31,848 43,235
Liabilities:    
Notes payable of CIP 1,922,051 1,922,243
Securities purchased payable and other liabilities of CIP 91,288 90,523
Equity attributable to Virtus Investment Partners, Inc.:    
Noncontrolling interests $ 4,351 $ 4,363