v3.25.4
Consolidated Investment Products - Schedule of Financial Condition (Details) - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Assets      
Cash and cash equivalents $ 36,884,000 $ 14,446,000  
Fees receivable 6,575,000 8,344,000  
Investments, at fair value 76,535,000 91,435,000  
Other assets 9,517,000 19,247,000  
Other investments 21,032,000 13,443,000  
Operating lease right-of-use assets 6,382,000 5,105,000  
Property and equipment, net 395,000 99,000  
Prepaid expenses and other assets 8,603,000 1,728,000  
Due from affiliates 10,000 27,000  
Digital assets 12,509,000 13,240,000  
Assets of discontinued operations 0 4,364,000  
Intangible assets, net 41,108,000 42,169,000  
Goodwill 23,373,000 23,373,000  
Other assets   6,959,000  
Total assets 1,996,811,000 2,028,176,000  
Liabilities, Noncontrolling Interests, and Shareholders' Equity      
Accounts payable, accrued expenses and other 12,149,000 21,547,000  
Accrued third party distribution expenses 578,000 6,522,000  
Deferred revenue 66,000 222,000  
Due to affiliates $ 7,689,000 $ 11,597,000  
Other Liability, Related Party [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember  
Deferred tax liability, net $ 66,345,000 $ 95,683,000  
Due to affiliates 7,689,000 11,597,000  
Liabilities of discontinued operations $ 0 $ 464,000  
Other Liability, Noncurrent, Related Party [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember  
Operating lease liability $ 8,248,000 $ 7,379,000  
Total liabilities 97,406,000 147,693,000  
Commitments and contingencies  
Redeemable noncontrolling interests 1,560,452,000 1,540,312,000  
Equity interests 338,953,000 340,171,000 $ 209,088,000
Total liabilities, noncontrolling interests, and shareholders' equity 1,996,811,000 2,028,176,000  
Eliminations      
Assets      
Fees receivable (1,579,000) (50,377,000)  
Other assets   (8,000)  
Other investments (199,033,000) (215,427,000)  
Due from affiliates (10,000)    
Total assets (200,622,000) (265,812,000)  
Liabilities, Noncontrolling Interests, and Shareholders' Equity      
Accounts payable, accrued expenses and other (10,000) (8,000)  
Management fee payable $ (1,580,000)    
Due to affiliates   $ (50,375,000)  
Other Liability, Related Party [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember  
Total liabilities $ (1,590,000) $ (50,383,000)  
Commitments and contingencies    
Redeemable noncontrolling interests (39,135,000) (34,102,000)  
Equity interests (159,897,000) (181,327,000)  
Total liabilities, noncontrolling interests, and shareholders' equity (200,622,000) (265,812,000)  
Consolidated Company Entities | Operating Segment      
Assets      
Cash and cash equivalents 36,884,000 14,446,000  
Fees receivable 8,154,000 58,721,000  
Investments, at fair value 76,535,000 91,435,000  
Other investments 220,065,000 228,870,000  
Operating lease right-of-use assets 6,382,000    
Property and equipment, net 395,000    
Prepaid expenses and other assets 8,603,000    
Due from affiliates 20,000    
Digital assets 12,509,000 13,240,000  
Assets of discontinued operations   4,364,000  
Intangible assets, net 41,108,000 42,169,000  
Goodwill 23,373,000 23,373,000  
Other assets   6,967,000  
Total assets 434,028,000 483,585,000  
Liabilities, Noncontrolling Interests, and Shareholders' Equity      
Accounts payable, accrued expenses and other 12,149,000 21,547,000  
Accrued third party distribution expenses 578,000 6,522,000  
Deferred revenue 66,000 222,000  
Deferred tax liability, net 66,345,000 95,683,000  
Due to affiliates $ 7,689,000 11,597,000  
Liabilities of discontinued operations   $ 464,000  
Other Liability, Noncurrent, Related Party [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember  
Operating lease liability $ 8,248,000 $ 7,379,000  
Total liabilities 95,075,000 143,414,000  
Commitments and contingencies    
Equity interests 338,953,000 340,171,000  
Total liabilities, noncontrolling interests, and shareholders' equity 434,028,000 483,585,000  
Consolidated Investment Products      
Assets      
Cash and cash equivalents 45,493,000 44,306,000  
Investments, at fair value 1,708,395,000 1,746,850,000  
Liabilities, Noncontrolling Interests, and Shareholders' Equity      
Accounts payable, accrued expenses and other 1,596,000 1,486,000  
Other liabilities 735,000 2,793,000  
Consolidated Investment Products | Operating Segment      
Assets      
Cash and cash equivalents 45,493,000 44,306,000  
Investments, at fair value 1,708,395,000 1,746,850,000  
Other assets 9,517,000 19,247,000  
Total assets 1,763,405,000 1,810,403,000  
Liabilities, Noncontrolling Interests, and Shareholders' Equity      
Accounts payable, accrued expenses and other 1,606,000 1,494,000  
Management fee payable 1,580,000    
Other liabilities $ 735,000 2,793,000  
Due to affiliates   $ 50,375,000  
Other Liability, Related Party [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember  
Total liabilities $ 3,921,000 $ 54,662,000  
Commitments and contingencies    
Redeemable noncontrolling interests 1,599,587,000 1,574,414,000  
Equity interests 159,897,000 181,327,000  
Total liabilities, noncontrolling interests, and shareholders' equity $ 1,763,405,000 $ 1,810,403,000