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Concentration of Credit Risk
 12 Months Ended
Dec. 31, 2015
Risks and Uncertainties [Abstract]  
Concentration of Credit Risk
Concentration of Credit Risk
The concentration of credit risk with respect to advisory fees receivable is generally limited due to the short payment terms extended to clients by the Company. The following funds provided 10 percent or more of the total revenues of the Company: 
 
Years Ended December 31,
 
2015
 
2014
 
2013
($ in thousands)
 
 
 
 
 
Virtus Emerging Markets Opportunities Fund
 
 
 
 
 
Investment management, administration and transfer agent fees
$
62,329

 
$
50,435

 
$
53,202

Percent of total revenues
16
%
 
11
%
 
14
%
Virtus Multi-Sector Short Term Bond Fund
 
 
 
 
 
Investment management, administration and transfer agent fees
$
49,174

 
$
55,401

 
$
52,568

Percent of total revenues
13
%
 
12
%
 
14
%
Virtus Equity Trend Fund (a)
 
 
 
 
 
Investment management, administration and transfer agent fees
$
30,398

 
$
61,566

 
$
41,921

Percent of total revenues
8
%
 
14
%
 
11
%

(a)
Formerly Virtus Premium AlphaSector™ Fund