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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets:    
Accounts receivable, net $ 117,207 $ 109,076
Furniture, equipment and leasehold improvements, net 22,718 26,216
Intangible assets, net 378,229 432,119
Goodwill 397,098 397,098
Deferred taxes, net 23,206 25,024
Operating lease right-of-use assets 57,131 63,229
Total assets 3,994,494 3,678,629
Liabilities:    
Accrued compensation and benefits 224,501 200,837
Accounts payable and accrued liabilities 49,492 56,047
Contingent consideration 63,505 90,938
Debt 232,130 253,412
Operating lease liabilities 70,037 78,142
Other liabilities 15,932 13,329
Total liabilities 2,985,576 2,705,471
Commitments and Contingencies (Note 12)
Redeemable noncontrolling interests 107,282 104,869
Equity attributable to Virtus Investment Partners, Inc.:    
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 12,243,880 shares issued and 6,967,147 shares outstanding at December 31, 2024 and 12,163,228 shares issued and 7,087,728 shares outstanding at December 31, 2023, respectively 122 122
Additional paid-in capital 1,319,108 1,300,999
Retained earnings (accumulated deficit) 268,221 207,356
Accumulated other comprehensive income (loss) (364) (87)
Treasury stock, at cost, 5,276,733 and 5,075,500 shares at December 31, 2024 and December 31, 2023, respectively (689,594) (644,464)
Total equity attributable to Virtus Investment Partners, Inc. 897,493 863,926
Total equity 901,636 868,289
Total liabilities and equity 3,994,494 3,678,629
Consolidated Entity excluding Consolidated Investment Products    
Assets:    
Cash and cash equivalents 265,888 239,602
Investments 119,216 132,696
Other assets 34,292 26,209
Consolidated Investment Products    
Assets:    
Cash and cash equivalents 133,694 100,732
Investments 2,270,717 2,082,713
Cash pledged or on deposit of CIP 727 680
Other assets 174,371 43,235
Liabilities:    
Notes payable of CIP 2,171,946 1,922,243
Securities purchased payable and other liabilities of CIP 158,033 90,523
Equity attributable to Virtus Investment Partners, Inc.:    
Noncontrolling interests $ 4,143 $ 4,363