Redeemable Noncontrolling Interests - Schedule of Redeemable Noncontrolling Interest (Details) - USD ($) $ in Thousands	3 Months Ended
Mar. 31, 2025	Mar. 31, 2024
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward]
Balance at beginning of period	$ 107,282
Net income (loss) attributable to noncontrolling interests	1,744
Changes in redemption value	(3,749)	$ (13,624)
Total net income (loss) attributable to noncontrolling interests	(543)	$ 7,618
Investment management subsidiary equity sales (purchases)	(1,053)
Net subscriptions (redemptions) and other	14,893
Balance at end of period	120,579
CIP
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward]
Balance at beginning of period	45,667
Net income (loss) attributable to noncontrolling interests	70
Total net income (loss) attributable to noncontrolling interests	70
Investment management subsidiary equity sales (purchases)	0
Net subscriptions (redemptions) and other	15,866
Balance at end of period	61,603
Noncontrolling Interests Investment Manager
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward]
Balance at beginning of period	61,615
Net income (loss) attributable to noncontrolling interests	1,674
Total net income (loss) attributable to noncontrolling interests	(613)
Investment management subsidiary equity sales (purchases)	(1,053)
Net subscriptions (redemptions) and other	(973)
Balance at end of period	58,976
Portion at Other than Fair Value Measurement
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward]
Changes in redemption value	(2,287)
Portion at Other than Fair Value Measurement \| CIP
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward]
Changes in redemption value	0
Portion at Other than Fair Value Measurement \| Noncontrolling Interests Investment Manager
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward]
Changes in redemption value	$ (2,287)

A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.

No definition available.

Name:	us-gaap_IncreaseDecreaseInTemporaryEquityRollForward
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

- Definition

Change in noncontrolling interest during the period as a result of a change in the redemption value of redeemable noncontrolling interest.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 480
-SubTopic 10
-Subparagraph (16)(c)
-Paragraph 3A
-Section S99
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480244/480-10-S99-3A

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 480
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3A
-Subparagraph (15)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480244/480-10-S99-3A

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 480
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3A
-Subparagraph (14)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480244/480-10-S99-3A

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1

+ Details

Name:	us-gaap_MinorityInterestChangeInRedemptionValue
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

- Definition

Amount of Net Income (Loss) attributable to redeemable noncontrolling interest.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(19))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

+ Details

Name:	us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

- Definition

The cash outflow associated with the acquisition of or advances to an entity that is related to it but not strictly controlled (for example, an unconsolidated subsidiary, affiliate, and joint venture or equity method investment) or the acquisition of an additional interest in a subsidiary (controlled entity).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 13
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482740/230-10-45-13

+ Details

Name:	us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

- Definition

Redemption value, as if currently redeemable, of redeemable noncontrolling interest classified as temporary equity and the election has been made to accrete changes in redemption value to the earliest redemption date.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 480
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3A
-Subparagraph (24)(b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480244/480-10-S99-3A

+ Details

Name:	us-gaap_RedeemableNoncontrollingInterestEquityRedemptionValue
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

The portion of net income or loss attributable to temporary equity interest.

+ References

No definition available.

+ Details

Name:	us-gaap_TemporaryEquityNetIncome
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

- Definition

Noncontrolling Interest, Subscriptions (Redemptions) And Other

+ References

No definition available.

+ Details

Name:	vrts_NoncontrollingInterestSubscriptionsRedemptionsAndOther
Namespace Prefix:	vrts_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

- Details

Name:	srt_ConsolidatedEntitiesAxis=vrts_VariableInterestEntityPrimaryBeneficiaryandVotingInterestEntityMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_ConsolidatedEntitiesAxis=srt_AffiliatedEntityMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_FairValueByMeasurementBasisAxis=us-gaap_PortionAtOtherThanFairValueFairValueDisclosureMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: