Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2012

Changes in Assets and Liabilities Measured at Fair Value on Recurring Basis

The Company’s assets and liabilities measured at fair value on a recurring basis as of December 31, 2012 and December 31, 2011 by fair value hierarchy level were as follows:

December 31, 2012
	Level 1		Level 2 (a)		Level 3		Total
($ in thousands)
Assets
Marketable securities trading:
Sponsored mutual funds and variable insurance funds	$	8,013	$	—	$	—	$	8,013
Investments of consolidated sponsored investment products		10,092		33,135		—		43,227
Equity securities		4,379		—		—		4,379
Marketable securities available for sale:
Sponsored closed-end funds		2,656		—		—		2,656
Other assets
Nonqualified retirement plan assets		2,970		—		—		2,970
Total assets measured at fair value	$	28,110	$	33,135	$	—	$	61,245

December 31, 2011
	Level 1		Level 2		Level 3		Total
($ in thousands)
Assets
Marketable securities trading:
Sponsored mutual funds and variable insurance funds	$	8,980	$	—	$	—	$	8,980
Equity securities		3,546		—		—		3,546
Marketable securities available for sale:
Sponsored closed-end funds		2,469		—		—		2,469
Other assets
Nonqualified retirement plan assets		2,826		—		—		2,826
Total assets measured at fair value	$	17,821	$	—	$	—	$	17,821