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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets:    
Accounts receivable, net $ 108,627 $ 117,207
Furniture, equipment and leasehold improvements, net 23,204 22,718
Operating lease right-of-use assets 78,835 57,131
Intangible assets, net 352,341 378,229
Goodwill 397,098 397,098
Deferred taxes, net 19,667 23,206
Total assets 3,696,219 3,994,494
Liabilities:    
Accrued compensation and benefits 120,204 224,501
Accounts payable and accrued liabilities 49,428 49,492
Contingent consideration 37,351 63,505
Debt 231,279 232,130
Operating lease liabilities 95,379 70,037
Other liabilities 19,589 15,932
Total liabilities 2,674,793 2,985,576
Commitments and Contingencies (Note 12)
Redeemable noncontrolling interests 123,097 107,282
Equity attributable to Virtus Investment Partners, Inc.:    
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 12,311,893 shares issued and 6,748,088 shares outstanding at June 30, 2025; and 12,243,880 shares issued and 6,967,147 shares outstanding at December 31, 2024 123 122
Additional paid-in capital 1,327,872 1,319,108
Retained earnings (accumulated deficit) 307,409 268,221
Accumulated other comprehensive income (loss) 586 (364)
Treasury stock, at cost, 5,563,805 and 5,276,733 shares at June 30, 2025 and December 31, 2024, respectively (739,594) (689,594)
Total equity attributable to Virtus Investment Partners, Inc. 896,396 897,493
Total equity 898,329 901,636
Total liabilities and equity 3,696,219 3,994,494
Consolidated Entity excluding Consolidated Investment Products    
Assets:    
Cash and cash equivalents 172,204 265,888
Investments 120,627 119,216
Other assets 40,235 34,292
Consolidated Investment Products    
Assets:    
Cash and cash equivalents 70,506 133,694
Investments 2,247,680 2,270,717
Cash pledged or on deposit of CIP 626 727
Other assets 64,569 174,371
Liabilities:    
Notes payable of CIP 2,021,538 2,171,946
Securities purchased payable and other liabilities of CIP 100,025 158,033
Equity attributable to Virtus Investment Partners, Inc.:    
Noncontrolling interests $ 1,933 $ 4,143