Related Party Transactions -Summary of Related Party Transactions (Details) - USD ($)
$ in Thousands |
12 Months Ended |
Dec. 31, 2019 |
Dec. 31, 2018 |
Dec. 31, 2017 |
| Related party assets |
|
|
|
| Cash and cash equivalents |
$ 37,121
|
$ 51,491
|
|
| Receivables (investment management fees) |
74,321
|
37,980
|
|
| Receivables (fund administration and distribution fees) |
19,313
|
3,153
|
|
| Investments (available-for-sale securities, fair value) |
771
|
601
|
|
| Investments (trading securities, fair value) |
18,305
|
12,719
|
|
| Related party liabilities |
|
|
|
| Accounts payable and accrued expenses (fund reimbursements) |
88,932
|
19,743
|
|
| Other liabilities (promissory note) |
4,363
|
1,759
|
|
| Related party revenue |
|
|
|
| Total revenue |
612,373
|
413,412
|
$ 409,629
|
| Investment Management Fees |
|
|
|
| Related party revenue |
|
|
|
| Total revenue |
466,802
|
352,683
|
343,811
|
| Fund Administration and Distribution Fees |
|
|
|
| Related party revenue |
|
|
|
| Total revenue |
145,571
|
60,729
|
65,818
|
| VCH |
|
|
|
| Related party assets |
|
|
|
| Cash and cash equivalents |
10,060
|
|
|
| Receivables (investment management fees) |
47,872
|
19,612
|
|
| Receivables (fund administration and distribution fees) |
19,313
|
3,153
|
|
| Investments (available-for-sale securities, fair value) |
771
|
601
|
|
| Investments (trading securities, fair value) |
17,914
|
12,343
|
|
| Total |
95,930
|
35,709
|
|
| Related party liabilities |
|
|
|
| Accounts payable and accrued expenses (fund reimbursements) |
4,316
|
2,300
|
|
| Other liabilities (promissory note) |
|
96
|
|
| Total |
4,316
|
2,396
|
|
| Related party revenue |
|
|
|
| Total revenue |
517,378
|
322,267
|
320,136
|
| Related party expense |
|
|
|
| Distribution and other asset-based expenses (fund reimbursements) |
|
12,902
|
11,896
|
| General and administrative |
|
135
|
1,203
|
| Total |
|
13,037
|
13,099
|
| Related party other income (expense) |
|
|
|
| Interest income (expense) and other income (expense) |
2,693
|
(2,834)
|
589
|
| Interest expense and other financing costs (promissory note) |
(1)
|
(18)
|
(39)
|
| Total |
2,692
|
(2,852)
|
550
|
| VCH | Investment Management Fees |
|
|
|
| Related party revenue |
|
|
|
| Total revenue |
371,807
|
261,538
|
254,318
|
| VCH | Fund Administration and Distribution Fees |
|
|
|
| Related party revenue |
|
|
|
| Total revenue |
$ 145,571
|
$ 60,729
|
$ 65,818
|