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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets:    
Accounts receivable, net $ 112,158 $ 109,076
Furniture, equipment and leasehold improvements, net 23,331 26,216
Intangible assets, net 388,703 432,119
Goodwill 397,098 397,098
Deferred taxes, net 27,937 25,024
Total assets 3,601,685 3,678,629
Liabilities:    
Accrued compensation and benefits 180,078 200,837
Accounts payable and accrued liabilities 30,073 38,756
Dividends payable 19,545 17,291
Contingent consideration 59,404 90,938
Debt 237,467 253,412
Other liabilities 60,374 91,471
Total liabilities 2,610,852 2,705,471
Commitments and Contingencies (Note 14)
Redeemable noncontrolling interests 98,111 104,869
Equity attributable to Virtus Investment Partners, Inc.:    
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 12,240,990 shares issued and 7,016,433 shares outstanding at September 30, 2024; and 12,163,228 shares issued and 7,087,728 shares outstanding at December 31, 2023 122 122
Additional paid-in capital 1,314,228 1,300,999
Retained earnings (accumulated deficit) 251,298 207,356
Accumulated other comprehensive income (loss) 230 (87)
Treasury stock, at cost, 5,224,557 and 5,075,500 shares at September 30, 2024 and December 31, 2023, respectively (676,832) (644,464)
Total equity attributable to Virtus Investment Partners, Inc. 889,046 863,926
Total equity 892,722 868,289
Total liabilities and equity 3,601,685 3,678,629
Consolidated Entity excluding Consolidated Investment Products    
Assets:    
Cash and cash equivalents 195,533 239,602
Investments 164,671 132,696
Other assets 67,839 89,438
Consolidated Investment Products    
Assets:    
Cash and cash equivalents 114,956 100,732
Investments 2,075,410 2,082,713
Cash pledged or on deposit of CIP 1,424 680
Other assets 32,625 43,235
Liabilities:    
Notes payable of CIP 1,940,085 1,922,243
Securities purchased payable and other liabilities of CIP 83,826 90,523
Equity attributable to Virtus Investment Partners, Inc.:    
Noncontrolling interests $ 3,676 $ 4,363