Consolidation of Sponsored Investment Products (Tables)

12 Months Ended

Dec. 31, 2012

Consolidated Statement of Balance Sheet

As of December 31, 2012
	Balance Before Consolidation of Investment Products			Consolidated Investment Products		Eliminations and Adjustments (1)			Balances as Reported in Consolidated Balance Sheet
($ in thousands)
Current assets	$	161,286		$	43,924	$	(40,384	)	$	164,826
Non-current assets		167,923			—		—			167,923
Total assets	$	329,209		$	43,924	$	(40,384	)	$	332,749
Current liabilities	$	62,034		$	364	$	13		$	62,411
Other non-current liabilities		22,704			—		—			22,704
Total liabilities		84,738			364		13			85,115
Redeemable noncontrolling interest		—			—		3,163			3,163
Equity attributable to stockholders of the Company		244,474			43,560		(43,560	)		244,474
Non-redeemable noncontrolling interest		(3	)		—		—			(3	)
Total liabilities and equity	$	329,209		$	43,924	$	(40,384	)	$	332,749

Consolidated Statement of Operation

For the Year Ended December 31, 2012
	Balance Before Consolidation of Investment Products			Consolidated Investment Products			Eliminations and Adjustments (1)			Balances as Reported in Consolidated Statement of Operations
($ in thousands)
Total operating revenues	$	279,919		$	-		$	167		$	280,086
Total operating expenses		219,326			148			167			219,641
Operating income (loss)		60,593			(148	)		-			60,445
Total other non-operating income (expense)		4,106			2,649			(2,397	)		4,358
Income (loss) before income tax expense		64,699			2,501			(2,397	)		64,803
Income tax expense		27,030			-			-			27,030
Net income (loss)		37,669			2,501			(2,397	)		37,773
Noncontrolling interests		3			-			(104	)		(101	)
Allocation of earnings to preferred stockholders		(64	)		-			-			(64	)
Net income (loss) attributable to the Company	$	37,608		$	2,501		$	(2,501	)	$	37,608