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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets:    
Accounts receivable, net $ 105,638 $ 109,076
Furniture, equipment and leasehold improvements, net 25,150 26,216
Intangible assets, net 401,586 432,119
Goodwill 397,098 397,098
Deferred taxes, net 24,471 25,024
Total assets 3,647,696 3,678,629
Liabilities:    
Accrued compensation and benefits 132,261 200,837
Accounts payable and accrued liabilities 30,275 38,756
Dividends payable 16,982 17,291
Contingent consideration 63,404 90,938
Debt 247,605 253,412
Other liabilities 63,137 91,471
Total liabilities 2,646,128 2,705,471
Commitments and Contingencies (Note 14)
Redeemable noncontrolling interests 129,450 104,869
Equity attributable to Virtus Investment Partners, Inc.:    
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 12,233,778 shares issued and 7,082,071 shares outstanding at June 30, 2024; and 12,163,228 shares issued and 7,087,728 shares outstanding at December 31, 2023 122 122
Additional paid-in capital 1,304,176 1,300,999
Retained earnings (accumulated deficit) 226,540 207,356
Accumulated other comprehensive income (loss) (200) (87)
Treasury stock, at cost, 5,151,707 and 5,075,500 shares at June 30, 2024 and December 31, 2023, respectively (661,963) (644,464)
Total equity attributable to Virtus Investment Partners, Inc. 868,675 863,926
Total equity 872,118 868,289
Total liabilities and equity 3,647,696 3,678,629
Consolidated Entity excluding Consolidated Investment Products    
Assets:    
Cash and cash equivalents 183,001 239,602
Investments 122,316 132,696
Other assets 74,894 89,438
Consolidated Investment Products    
Assets:    
Cash and cash equivalents 166,738 100,732
Investments 2,106,659 2,082,713
Cash pledged or on deposit of CIP 958 680
Other assets 39,187 43,235
Liabilities:    
Notes payable of CIP 1,990,338 1,922,243
Securities purchased payable and other liabilities of CIP 102,126 90,523
Equity attributable to Virtus Investment Partners, Inc.:    
Noncontrolling interests $ 3,443 $ 4,363