Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Assets:
Accounts receivable, net	$ 106,470	$ 117,207
Furniture, equipment and leasehold improvements, net	22,689	22,718
Operating lease right-of-use assets	76,894	57,131
Intangible assets, net	339,396	378,229
Goodwill	397,098	397,098
Deferred taxes, net	19,081	23,206
Total assets	3,906,337	3,994,494
Liabilities:
Accrued compensation and benefits	162,566	224,501
Accounts payable and accrued liabilities	51,663	49,492
Contingent consideration	37,351	63,505
Debt	390,622	232,130
Operating lease liabilities	94,255	70,037
Other liabilities	20,388	15,932
Total liabilities	2,883,369	2,985,576
Commitments and Contingencies (Note 12)
Redeemable noncontrolling interests	103,191	107,282
Equity attributable to Virtus Investment Partners, Inc.:
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 12,317,249 shares issued and 6,753,444 shares outstanding at September 30, 2025; and 12,243,880 shares issued and 6,967,147 shares outstanding at December 31, 2024	123	122
Additional paid-in capital	1,335,254	1,319,108
Retained earnings (accumulated deficit)	322,321	268,221
Accumulated other comprehensive income (loss)	598	(364)
Treasury stock, at cost, 5,563,805 and 5,276,733 shares at September 30, 2025 and December 31, 2024, respectively	(739,594)	(689,594)
Total equity attributable to Virtus Investment Partners, Inc.	918,702	897,493
Total equity	919,777	901,636
Total liabilities and equity	3,906,337	3,994,494
Consolidated Entity excluding Consolidated Investment Products
Assets:
Cash and cash equivalents	370,563	265,888
Investments	149,512	119,216
Other assets	41,773	34,292
Consolidated Investment Products
Assets:
Cash and cash equivalents	90,769	133,694
Investments	2,238,718	2,270,717
Cash pledged or on deposit of CIP	911	727
Other assets	52,463	174,371
Liabilities:
Notes payable of CIP	2,030,580	2,171,946
Securities purchased payable and other liabilities of CIP	95,944	158,033
Equity attributable to Virtus Investment Partners, Inc.:
Noncontrolling interests	$ 1,075	$ 4,143