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CONDENSED CONSOLIDATED STATEMENTS OF INCOME UNAUDITED (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues    
Investment advisory and incentive fees $ 87,797 $ 72,607
Distribution fees and other income 14,873 11,353
Institutional research services 1,807 2,221
Total revenues 104,477 86,181
Expenses    
Compensation 43,897 35,652
Management fee 4,728 3,980
Distribution costs 13,963 11,010
Other operating expenses 5,390 4,812
Total expenses 67,978 55,454
Operating income 36,499 30,727
Other income (expense)    
Net gain from investments 6,944 12,291
Interest and dividend income 1,141 1,345
Interest expense (1,992) (3,488)
Shareholder-designated contribution 0 (5,000)
Total other income, net 6,093 5,148
Income before income taxes 42,592 35,875
Income tax provision 14,616 13,195
Net income 27,976 22,680
Net income attributable to noncontrolling interests 22 135
Net income attributable to GAMCO Investors, Inc.'s shareholders $ 27,954 $ 22,545
Net income attributable to GAMCO Investors, Inc.'s shareholders    
Basic (in dollars per share) $ 1.10 $ 0.88
Diluted (in dollars per share) $ 1.09 $ 0.88
Weighted average shares outstanding:    
Basic (in shares) 25,481 25,742
Diluted (in shares) 25,684 25,758
Dividends declared: (in dollars per share) $ 0.06 $ 0.05