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Consolidated Sponsored Investment Products - Condensed Consolidated Statement of Operations (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Condensed Income Statements, Captions [Line Items]    
Total operating revenues $ 103,831us-gaap_Revenues $ 107,871us-gaap_Revenues
Total operating expenses 79,289us-gaap_OperatingExpenses 75,245us-gaap_OperatingExpenses
Operating income (loss) 24,542us-gaap_OperatingIncomeLoss 32,626us-gaap_OperatingIncomeLoss
Total other non-operating income (expense) 6,051vrts_OtherNonoperatingIncomeExpenses 3,151vrts_OtherNonoperatingIncomeExpenses
Income Before Income Taxes 30,593us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 35,777us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense 10,868us-gaap_IncomeTaxExpenseBenefit 14,010us-gaap_IncomeTaxExpenseBenefit
Net income (loss) 19,725us-gaap_NetIncomeLoss 21,767us-gaap_NetIncomeLoss
Noncontrolling interests (383)us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity 171us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
Net income (loss) attributable to the Company 19,342us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 21,938us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Reportable Legal Entities [Member] | Balance Before Consolidation of Investment Products [Member]    
Condensed Income Statements, Captions [Line Items]    
Total operating revenues 104,232us-gaap_Revenues
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
107,855us-gaap_Revenues
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Total operating expenses 78,471us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
74,914us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Operating income (loss) 25,761us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
32,941us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Total other non-operating income (expense) 4,415vrts_OtherNonoperatingIncomeExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
2,997vrts_OtherNonoperatingIncomeExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Income Before Income Taxes 30,176us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
35,938us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Income tax expense 10,868us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
14,010us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net income (loss) 19,308us-gaap_NetIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
21,928us-gaap_NetIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Noncontrolling interests 34us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
10us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net income (loss) attributable to the Company 19,342us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
21,938us-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 1,219us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
315us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Operating income (loss) (1,219)us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
(315)us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Total other non-operating income (expense) 4,914vrts_OtherNonoperatingIncomeExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
910vrts_OtherNonoperatingIncomeExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
Income Before Income Taxes 3,695us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
595us-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) 3,695us-gaap_NetIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
595us-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 3,695us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
595us-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 (401)us-gaap_Revenues
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
16us-gaap_Revenues
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
Total operating expenses (401)us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
16us-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) (3,278)vrts_OtherNonoperatingIncomeExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(756)vrts_OtherNonoperatingIncomeExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
Income Before Income Taxes (3,278)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(756)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
Income tax expense 0us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
 
Net income (loss) (3,278)us-gaap_NetIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(756)us-gaap_NetIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
Noncontrolling interests (417)us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
161us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
Net income (loss) attributable to the Company $ (3,695)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
$ (595)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember