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Concentration of Credit Risk (Tables)
12 Months Ended
Dec. 31, 2015
Risks and Uncertainties [Abstract]  
Summary of Funds Provided Ten Percent or More of Total Revenues
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