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Consolidated Sponsored Investment Products - Consolidated Statement of Operations (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Condensed Income Statements, Captions [Line Items]                      
Total operating revenues $ 112,137us-gaap_Revenues $ 117,841us-gaap_Revenues $ 112,749us-gaap_Revenues $ 107,871us-gaap_Revenues $ 106,498us-gaap_Revenues $ 100,409us-gaap_Revenues $ 96,140us-gaap_Revenues $ 86,168us-gaap_Revenues $ 450,598us-gaap_Revenues $ 389,215us-gaap_Revenues $ 280,086us-gaap_Revenues
Total operating expenses                 319,878us-gaap_OperatingExpenses 275,711us-gaap_OperatingExpenses 219,641us-gaap_OperatingExpenses
Operating income (loss) 36,665us-gaap_OperatingIncomeLoss 38,927us-gaap_OperatingIncomeLoss 22,502us-gaap_OperatingIncomeLoss 32,626us-gaap_OperatingIncomeLoss 33,892us-gaap_OperatingIncomeLoss 31,630us-gaap_OperatingIncomeLoss 26,882us-gaap_OperatingIncomeLoss 21,100us-gaap_OperatingIncomeLoss 130,720us-gaap_OperatingIncomeLoss 113,504us-gaap_OperatingIncomeLoss 60,445us-gaap_OperatingIncomeLoss
Total other non-operating income (expense)                 5,594vrts_OtherNonoperatingIncomeExpenses 8,404vrts_OtherNonoperatingIncomeExpenses 4,358vrts_OtherNonoperatingIncomeExpenses
Income Before Income Taxes                 136,314us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 121,908us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 64,803us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense                 39,349us-gaap_IncomeTaxExpenseBenefit 44,778us-gaap_IncomeTaxExpenseBenefit 27,030us-gaap_IncomeTaxExpenseBenefit
Net income (loss)                 96,965us-gaap_NetIncomeLoss 77,130us-gaap_NetIncomeLoss 37,773us-gaap_NetIncomeLoss
Noncontrolling interests                 735us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity (1,940)us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity (101)us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
Allocation of earnings to preferred stockholders                 0us-gaap_PreferredStockDividendsAndOtherAdjustments   (64)us-gaap_PreferredStockDividendsAndOtherAdjustments
Net income (loss) attributable to the Company 18,879us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 37,340us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 19,543us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 21,938us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 24,756us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 21,089us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 15,385us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 13,960us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 97,700us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 75,190us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 37,608us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Reportable Legal Entities [Member] | Balance Before Consolidation of Investment Products [Member]                      
Condensed Income Statements, Captions [Line Items]                      
Total operating revenues                 451,259us-gaap_Revenues
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
389,202us-gaap_Revenues
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
279,919us-gaap_Revenues
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Total operating expenses                 316,840us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
274,913us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
219,326us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Operating income (loss)                 134,419us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
114,289us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
60,593us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Total other non-operating income (expense)                 2,502vrts_OtherNonoperatingIncomeExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
5,620vrts_OtherNonoperatingIncomeExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
4,106vrts_OtherNonoperatingIncomeExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Income Before Income Taxes                 136,921us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
119,909us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
64,699us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Income tax expense                 39,349us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
44,778us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
27,030us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net income (loss)                 97,572us-gaap_NetIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
75,131us-gaap_NetIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
37,669us-gaap_NetIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Noncontrolling interests                 128us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
59us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
3us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Allocation of earnings to preferred stockholders                     (64)us-gaap_PreferredStockDividendsAndOtherAdjustments
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net income (loss) attributable to the Company                 97,700us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
75,190us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
37,608us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Reportable Legal Entities [Member] | Consolidated Sponsored Investment Products [Member]                      
Condensed Income Statements, Captions [Line Items]                      
Total operating revenues                 0us-gaap_Revenues
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
   
Total operating expenses                 3,699us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
785us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
148us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Operating income (loss)                 (3,699)us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
(785)us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
(148)us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Total other non-operating income (expense)                 2,619vrts_OtherNonoperatingIncomeExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
6,098vrts_OtherNonoperatingIncomeExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
2,649vrts_OtherNonoperatingIncomeExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Income Before Income Taxes                 (1,080)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
5,313us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
2,501us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Income tax expense                 0us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
   
Net income (loss)                 (1,080)us-gaap_NetIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
5,313us-gaap_NetIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
2,501us-gaap_NetIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Noncontrolling interests                 0us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
   
Net income (loss) attributable to the Company                 (1,080)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
5,313us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
2,501us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Eliminations and Adjustments [Member]                      
Condensed Income Statements, Captions [Line Items]                      
Total operating revenues                 (661)us-gaap_Revenues
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
13us-gaap_Revenues
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
167us-gaap_Revenues
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
Total operating expenses                 (661)us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
13us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
167us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
Operating income (loss)                 0us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
   
Total other non-operating income (expense)                 473vrts_OtherNonoperatingIncomeExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(3,314)vrts_OtherNonoperatingIncomeExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(2,397)vrts_OtherNonoperatingIncomeExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
Income Before Income Taxes                 473us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(3,314)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(2,397)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
Income tax expense                 0us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
   
Net income (loss)                 473us-gaap_NetIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(3,314)us-gaap_NetIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(2,397)us-gaap_NetIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
Noncontrolling interests                 607us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(1,999)us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(104)us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
Net income (loss) attributable to the Company                 $ 1,080us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
$ (5,313)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
$ (2,501)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember