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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 70,851 $ 63,432
Cash and cash equivalents of consolidated sponsored investment products 34 14
Trading securities, at fair value 18,020 12,392
Available-for-sale securities, at fair value 2,713 2,656
Investments of consolidated sponsored investment products 43,114 43,227
Accounts receivable, net 44,819 37,328
Deferred taxes, net 14,943 1,143
Prepaid expenses and other current assets 4,669 3,951
Other current assets of consolidated sponsored investment products 1,662 683
Total current assets 200,825 164,826
Furniture, equipment, and leasehold improvements, net 7,575 7,788
Intangible assets, net 46,606 48,711
Goodwill 5,260 5,260
Deferred taxes, net 65,300 95,780
Long-term investments ($3,366 and $2,970 at fair value, respectively) and other assets 17,034 10,384
Total assets 342,600 332,749
Current Liabilities    
Accrued compensation and benefits 26,590 41,252
Accounts payable 9,852 7,582
Other accrued liabilities 9,057 7,048
Current liabilities of consolidated sponsored investment products 869 377
Broker-dealer payable 7,788 6,152
Total current liabilities 54,156 62,411
Long-term debt 15,000 15,000
Lease obligations and other long-term liabilities 7,642 7,704
Total liabilities 76,798 85,115
Commitments and Contingencies (Note 12)      
Redeemable noncontrolling interests 9,421 3,163
Equity attributable to stockholders:    
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 8,145,833 shares issued and 7,820,833 shares outstanding at June 30, 2013 and 8,071,674 shares issued and 7,826,674 shares outstanding at December 31, 2012 81 81
Additional paid-in capital 940,267 942,825
Accumulated deficit (651,066) (680,411)
Accumulated other comprehensive loss (166) (287)
Treasury stock, at cost, 325,000 and 245,000 shares at June 30, 2013 and December 31, 2012, respectively (32,700) (17,734)
Total equity attributable to stockholders 256,416 244,474
Noncontrolling interest (35) (3)
Total equity 256,381 244,471
Total liabilities and equity $ 342,600 $ 332,749