CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS UNAUDITED - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Operating activities
Net income attributable to GAMCO Investors, Inc.'s shareholders	$ 84,429	$ 63,846
Add: Loss from discontinued operations, net of taxes	0	5,528
Income from continuing operations	84,429	69,374
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	470	466
Stock based compensation expense	3,258	4,923
Deferred income taxes	(3,930)	(1,902)
Tax benefit from exercise of stock options	0	102
Foreign currency translation gain/(loss)	(121)	(22)
Cost basis of donated securities	68	31
Net gains on sales of available for sale securities	(4)	(5)
Accretion of zero coupon debentures	0	502
Loss on extinguishment of zero coupon debentures	0	310
(Increase) decrease in assets:
Investments in trading securities	223	0
Investments in partnerships:
Receivable from affiliates	290	(1,517)
Receivable from brokers	747	526
Investment advisory fees receivable	4,442	11,090
Income tax receivable and deferred tax assets	(3,847)	24
Other assets	534	1,617
Increase (decrease) in liabilities:
Payable to affiliates	(8)	(202)
Payable to brokers	10,190	522
Income taxes payable and deferred tax liabilities	(1,384)	(8,349)
Compensation payable	7,051	52,901
Accrued expenses and other liabilities	2,804	4,470
Total adjustments	20,783	65,487
Net cash provided by operating activities from continuing operations	105,212	134,861
Investing activities
Purchases of available for sale securities	(223)	0
Proceeds from sales of available for sale securities	408	51
Net cash provided by investing activities from continuing operations	185	51
Financing activities
Net cash transferred from AC	0	77,533
Issuance of 4.5% Convertible note	109,826	0
Proceeds from exercise of stock options	0	1,167
Dividends paid	(1,752)	(5,252)
Repurchase of Zero coupon subordinated debentures	0	(6,224)
Purchase of treasury stock	(8,384)	(21,530)
Repayment of AC 4% PIK Note	(150,000)	0
Repayment of loan from GGCP	(35,000)	0
Amortization of debt issuance costs	18	73
Net cash (used in) provided by financing activities from continuing operations	(85,292)	45,767
Cash flows of discontinued operations
Net cash provided by operating activities	0	59,154
Net cash used in investing activities	0	(41,464)
Net cash used in financing activities	0	(148,510)
Net cash used in discontinued operations	0	(130,820)
Effect of exchange rates on cash and cash equivalents	28	8
Net increase/(decrease) in cash and cash equivalents	20,133	49,867
Cash and cash equivalents at beginning of period	13,719	12,694
Cash and cash equivalents at end of period	33,852	62,561
Supplemental disclosures of cash flow information:
Cash paid for interest	4,561	3,531
Cash paid for taxes	$ 55,216	$ 49,587