2020 Form 10-K Financial Statement

#000159238621000005 Filed on February 25, 2021

View on sec.gov

Income Statement

Concept 2020 2019 Q4 2019
Revenue $3.239B $399.6M $1.517B
YoY Change 113.47% -9.26% -19.23%
Cost Of Revenue $1.004B $207.8M $734.0M
YoY Change 36.78% 58.14% 36.28%
Gross Profit $2.235B $191.9M $783.5M
YoY Change 185.3% -37.9% -41.53%
Gross Profit Margin 69.0% 48.02% 51.63%
Selling, General & Admin $488.1M $128.9M $487.4M
YoY Change 0.14% 69.83% 73.89%
% of Gross Profit 21.84% 67.17% 62.21%
Research & Development $213.8M $209.4M
YoY Change 2.08% 18.89%
% of Gross Profit 9.56% 26.73%
Depreciation & Amortization $37.40M $36.90M $44.70M
YoY Change -16.33% 87.31% -7.64%
% of Gross Profit 1.67% 19.23% 5.71%
Operating Expenses $1.856B $219.2M $1.633B
YoY Change 13.65% 36.91% 38.15%
Operating Profit $378.8M -$27.30M -$850.0M
YoY Change -144.57% -118.33% -638.83%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $1.383B -$27.40M -$116.0M
YoY Change -1292.29% -118.41% -116.66%
Income Tax $261.9M $2.000M -$12.28M
% Of Pretax Income 18.94%
Net Earnings $649.2M -$17.70M -$58.60M
YoY Change -1207.94% -121.88% -120.24%
Net Earnings / Revenue 20.04% -4.43% -3.86%
Basic Earnings Per Share $5.19 -$0.53
Diluted Earnings Per Share $5.16 -$150.1K -$0.53
COMMON SHARES
Basic Shares Outstanding 121.7M shares 113.9M shares
Diluted Shares Outstanding 122.3M shares 113.9M shares

Balance Sheet

Concept 2020 2019 Q4 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $889.6M $732.0M $732.2M
YoY Change 21.5% -0.54% -0.52%
Cash & Equivalents $889.6M $732.2M $732.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $1.899B $1.422B $1.422B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.788B $2.154B $2.154B
YoY Change 29.42% 17.26% 17.25%
LONG-TERM ASSETS
Property, Plant & Equipment $382.5M $431.0M $430.6M
YoY Change -11.17% 280.33% 280.05%
Goodwill $1.149B
YoY Change 37.34%
Intangibles $529.6M
YoY Change 530.6%
Long-Term Investments $4.564B $4.837B $4.838B
YoY Change -5.66% 19.28% 19.29%
Other Assets $310.5M $256.0M $255.8M
YoY Change 21.38% 28.0% 27.64%
Total Long-Term Assets $7.178B $7.455B $7.455B
YoY Change -3.72% 34.48% 34.48%
TOTAL ASSETS
Total Short-Term Assets $2.788B $2.154B $2.154B
Total Long-Term Assets $7.178B $7.455B $7.455B
Total Assets $9.966B $9.609B $9.609B
YoY Change 3.71% 30.19% 30.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $876.4M $827.0M $826.8M
YoY Change 6.0% 45.86% 45.72%
Accrued Expenses $315.3M $365.0M $365.4M
YoY Change -13.71%
Deferred Revenue
YoY Change
Short-Term Debt $525.9M $73.49M $414.2M
YoY Change 26.97% 385.76% 39.46%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.321B $1.165B $1.606B
YoY Change -17.75% 96.79% 85.84%
LONG-TERM LIABILITIES
Long-Term Debt $2.599B $3.531B $3.531B
YoY Change -26.4% 73.34% 73.35%
Other Long-Term Liabilities $3.314B $2.857B $2.857B
YoY Change 15.99% 6.21% 6.22%
Total Long-Term Liabilities $5.913B $6.388B $6.388B
YoY Change -7.44% 35.14% 35.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.321B $1.165B $1.606B
Total Long-Term Liabilities $5.913B $6.388B $6.388B
Total Liabilities $8.497B $8.380B $8.678B
YoY Change -2.08% 42.37% 37.11%
SHAREHOLDERS EQUITY
Retained Earnings -$90.37M
YoY Change -193.64%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.469B $931.4M $931.4M
YoY Change
Total Liabilities & Shareholders Equity $9.966B $9.609B $9.609B
YoY Change 3.71% 30.19% 30.19%

Cashflow Statement

Concept 2020 2019 Q4 2019
OPERATING ACTIVITIES
Net Income $649.2M -$17.70M -$58.60M
YoY Change -1207.94% -121.88% -120.24%
Depreciation, Depletion And Amortization $37.40M $36.90M $44.70M
YoY Change -16.33% 87.31% -7.64%
Cash From Operating Activities $1.061B $515.0M $168.8M
YoY Change 528.59% 28.4% -76.38%
INVESTING ACTIVITIES
Capital Expenditures $28.89M -$15.10M $9.320M
YoY Change 209.96% 39.81% -64.79%
Acquisitions $0.00 $835.6M
YoY Change -100.0%
Other Investing Activities $10.41M -$1.700M $6.250M
YoY Change 66.59% -92.83% -98.34%
Cash From Investing Activities -$2.559M -$16.80M -$899.6M
YoY Change -99.72% -51.16% -373.3%
FINANCING ACTIVITIES
Cash Dividend Paid $120.5M $112.4M
YoY Change 7.19% 12.05%
Common Stock Issuance & Retirement, Net $0.00 $196.0K
YoY Change -100.0% -99.7%
Debt Paid & Issued, Net $288.5M $500.0M
YoY Change -42.3% 0.0%
Cash From Financing Activities -$839.9M -128.2M $769.6M
YoY Change -209.14% 184.26% -192.11%
NET CHANGE
Cash From Operating Activities $1.061B 515.0M $168.8M
Cash From Investing Activities -$2.559M -16.80M -$899.6M
Cash From Financing Activities -$839.9M -128.2M $769.6M
Net Change In Cash $233.7M 370.0M $37.23M
YoY Change 527.74% 15.05% -81.67%
FREE CASH FLOW
Cash From Operating Activities $1.061B $515.0M $168.8M
Capital Expenditures $28.89M -$15.10M $9.320M
Free Cash Flow $1.032B $530.1M $159.5M
YoY Change 547.22% 28.7% -76.83%

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CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
93991000 USD
CY2019Q4 us-gaap Commissions Payable To Broker Dealers And Clearing Organizations
CommissionsPayableToBrokerDealersAndClearingOrganizations
1496000 USD
CY2020Q4 us-gaap Securities Failed To Receive
SecuritiesFailedToReceive
156804000 USD
CY2019Q4 us-gaap Securities Failed To Receive
SecuritiesFailedToReceive
144494000 USD
CY2020Q4 us-gaap Commissions Payable To Broker Dealers And Clearing Organizations
CommissionsPayableToBrokerDealersAndClearingOrganizations
3543000 USD
CY2020Q4 srt Payables To Broker Dealers And Clearing Organizations
PayablesToBrokerDealersAndClearingOrganizations
876446000 USD
CY2019Q4 srt Payables To Broker Dealers And Clearing Organizations
PayablesToBrokerDealersAndClearingOrganizations
826750000 USD
CY2020 virt Non Cash Compensation To Developers Subject To Capitalization Of Software
NonCashCompensationToDevelopersSubjectToCapitalizationOfSoftware
14773000 USD
CY2019 virt Non Cash Compensation To Developers Subject To Capitalization Of Software
NonCashCompensationToDevelopersSubjectToCapitalizationOfSoftware
2135000 USD
CY2018 virt Non Cash Compensation To Developers Subject To Capitalization Of Software
NonCashCompensationToDevelopersSubjectToCapitalizationOfSoftware
2936000 USD
CY2020 virt Noncash Financing Activities Tax Receivable Agreement
NoncashFinancingActivitiesTaxReceivableAgreement
1388000 USD
CY2019 virt Noncash Financing Activities Tax Receivable Agreement
NoncashFinancingActivitiesTaxReceivableAgreement
5811000 USD
CY2018 virt Noncash Financing Activities Tax Receivable Agreement
NoncashFinancingActivitiesTaxReceivableAgreement
991000 USD
CY2020Q4 virt Entity Number Of Financial Instruments
EntityNumberOfFinancialInstruments
25000 instrument
CY2020Q4 virt Entity Number Of Venues
EntityNumberOfVenues
235 venue
CY2020Q4 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
36 country
CY2020Q4 virt Company Product Offerings Allowing Clients To Trade Number Of Countries
CompanyProductOfferingsAllowingClientsToTradeNumberOfCountries
50 country
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2020 virt Number Of Non Operating Segments
NumberOfNonOperatingSegments
1 segment
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's consolidated financial statements are prepared in conformity with U.S. GAAP, which require management to make estimates and assumptions regarding measurements including the fair value of trading assets and liabilities, allowance for doubtful accounts, goodwill and intangibles, compensation accruals, capitalized software, income tax, tax receivable agreements, leases, litigation accruals, and other matters that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Accordingly, actual results could differ materially from those estimates.</span></div>
CY2020 virt Securities Borrowed And Securities Loaned Minimum Initial Collateral Advanced Or Received Expressed As Percentage Of Fair Value Of Underlying Securities Borrowed Or Loaned
SecuritiesBorrowedAndSecuritiesLoanedMinimumInitialCollateralAdvancedOrReceivedExpressedAsPercentageOfFairValueOfUnderlyingSecuritiesBorrowedOrLoaned
1.02
CY2020Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020 virt Common Stock And Restricted Stock Units Number Of Days Preceding Grant Fair Value Is Based On
CommonStockAndRestrictedStockUnitsNumberOfDaysPrecedingGrantFairValueIsBasedOn
P3D
CY2020Q4 virt Variable Interest Entity Number Of Entities
VariableInterestEntityNumberOfEntities
4 joint_venture
CY2019Q1 virt Advisory And Other Professional Fees
AdvisoryAndOtherProfessionalFees
15100000 USD
CY2017Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
728000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1382837000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-115982000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
696363000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
261924000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-12277000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
76171000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
1120913000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
-103705000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
620192000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
471716000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-45110000 USD
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
330751000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
649197000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-58595000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
289441000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
649197000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-58595000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
289441000 USD
CY2020 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
17383000 USD
CY2019Q4 virt Short Term Credit Facilities
ShortTermCreditFacilities
134300000 USD
CY2019 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1926000 USD
CY2018 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
5418000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
631814000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-60521000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
284023000 USD
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.19
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.53
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.82
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
631814000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-60521000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
284023000 USD
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.16
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.53
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.78
CY2020 virt Tax Receivable Agreement Payments Percentage Of Cash Tax Savings
TaxReceivableAgreementPaymentsPercentageOfCashTaxSavings
0.85
CY2020 virt Tax Receivable Agreement Obligations Settlement Term
TaxReceivableAgreementObligationsSettlementTerm
P15Y
CY2020Q4 virt Tax Receivable Agreement Obligations
TaxReceivableAgreementObligations
271200000 USD
CY2019Q4 virt Tax Receivable Agreement Obligations
TaxReceivableAgreementObligations
269300000 USD
CY2017Q1 virt First Payment Made Under Tax Receivable Agreement
FirstPaymentMadeUnderTaxReceivableAgreement
7000000.0 USD
CY2018Q3 virt First Payment Made Under Tax Receivable Agreement
FirstPaymentMadeUnderTaxReceivableAgreement
12400000 USD
CY2020Q1 virt First Payment Made Under Tax Receivable Agreement
FirstPaymentMadeUnderTaxReceivableAgreement
13300000 USD
CY2020Q4 virt Tax Receivable Agreement Obligations Over Period Minimum Yearly Payment Range
TaxReceivableAgreementObligationsOverPeriodMinimumYearlyPaymentRange
900000 USD
CY2020Q4 virt Tax Receivable Agreement Obligations Over Period Maximum Yearly Payment Range
TaxReceivableAgreementObligationsOverPeriodMaximumYearlyPaymentRange
21700000 USD
CY2020 virt Tax Receivable Agreement Obligations Settlement Term
TaxReceivableAgreementObligationsSettlementTerm
P15Y
CY2019Q4 virt Tax Receivable Agreement Additional Deferred Tax Asset
TaxReceivableAgreementAdditionalDeferredTaxAsset
49100000 USD
CY2019Q4 virt Deferred Tax Asset Tax Receivable Agreement
DeferredTaxAssetTaxReceivableAgreement
54900000 USD
CY2019 virt Adjustments To Additional Paid In Capital Increase Decrease In Tax Receivable Agreement
AdjustmentsToAdditionalPaidInCapitalIncreaseDecreaseInTaxReceivableAgreement
-5800000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
199100000 USD
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
197600000 USD
CY2020 virt Tax Receivable Agreement Obligations Settlement Term
TaxReceivableAgreementObligationsSettlementTerm
P15Y
CY2020Q4 virt Tax Receivable Agreement Obligations
TaxReceivableAgreementObligations
271200000 USD
CY2019Q4 virt Tax Receivable Agreement Obligations
TaxReceivableAgreementObligations
269300000 USD
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2020 virt Number Of Non Operating Segments
NumberOfNonOperatingSegments
1 segment
CY2019Q4 us-gaap Goodwill
Goodwill
1148900000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
1148900000 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020Q4 us-gaap Goodwill
Goodwill
1148926000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
1148926000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
454500000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
529600000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
637993000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
183494000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
454499000 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
748877000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
219239000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
529638000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
74300000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
70600000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
26100000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
69676000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
64852000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
63960000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
50845000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
47879000 USD
CY2020 us-gaap Due To And From Broker Dealers And Clearing Organizations Disclosure
DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure
Receivables from/Payables to Broker-Dealers and Clearing Organizations<div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following is a summary of receivables from and payables to brokers-dealers and clearing organizations at December 31, 2020 and December 31, 2019:</span></div><div style="margin-bottom:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:95.321%"><tr><td style="width:1.0%"/><td style="width:63.930%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.617%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.621%"/><td style="width:0.1%"/></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(in thousands)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Assets</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Due from prime brokers</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">697,293 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">418,059 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deposits with clearing organizations</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">216,962 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">231,977 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net equity with futures commission merchants</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">248,943 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">267,748 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Unsettled trades with clearing organizations</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">118,777 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">214,618 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Securities failed to deliver</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">372,965 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">178,324 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Commissions and fees</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">29,066 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7,858 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total receivables from broker-dealers and clearing organizations</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,684,006 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,318,584 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Liabilities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Due to prime brokers</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">410,772 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">511,524 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net equity with futures commission merchants</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">77,257 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">50,950 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Unsettled trades with clearing organizations</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">228,070 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">118,286 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Securities failed to receive</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">156,804 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">144,494 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Commissions and fees</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,543 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,496 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total payables to broker-dealers and clearing organizations</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">876,446 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">826,750 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="text-indent:36pt"><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Included as a deduction from “Due from prime brokers” and “Net equity with futures commission merchants” is the outstanding principal balance on all of the Company’s prime brokerage credit facilities (described in Note 11 "Borrowings") of approximately $134.7 million and $134.3 million as of December 31, 2020 and December 31, 2019, respectively. The loan proceeds from the credit facilities are available only to meet the initial margin requirements associated with the Company’s ordinary course futures and other trading positions, which are held in the Company’s trading accounts with an affiliate of the respective financial institutions. The credit facilities are fully collateralized by the Company’s trading accounts and deposit accounts with these financial institutions. “Securities failed to deliver” and “Securities failed to receive” include amounts with a clearing organization and other broker-dealers.</span></div>
CY2020Q4 us-gaap Due From Correspondent Brokers
DueFromCorrespondentBrokers
697293000 USD
CY2019Q4 us-gaap Due From Correspondent Brokers
DueFromCorrespondentBrokers
418059000 USD
CY2020Q4 us-gaap Receivables From Clearing Organizations
ReceivablesFromClearingOrganizations
216962000 USD
CY2019Q4 us-gaap Receivables From Clearing Organizations
ReceivablesFromClearingOrganizations
231977000 USD
CY2020Q4 virt Net Equity With Futures Commission Merchant Assets
NetEquityWithFuturesCommissionMerchantAssets
248943000 USD
CY2019Q4 virt Net Equity With Futures Commission Merchant Assets
NetEquityWithFuturesCommissionMerchantAssets
267748000 USD
CY2020Q4 virt Unsettled Trade Assets
UnsettledTradeAssets
118777000 USD
CY2019Q4 virt Unsettled Trade Assets
UnsettledTradeAssets
214618000 USD
CY2020Q4 us-gaap Securities Failed To Deliver
SecuritiesFailedToDeliver
372965000 USD
CY2019Q4 us-gaap Securities Failed To Deliver
SecuritiesFailedToDeliver
178324000 USD
CY2020Q4 us-gaap Commissions And Floor Brokerage Receivables
CommissionsAndFloorBrokerageReceivables
29066000 USD
CY2019Q4 us-gaap Commissions And Floor Brokerage Receivables
CommissionsAndFloorBrokerageReceivables
7858000 USD
CY2020Q4 us-gaap Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
1684006000 USD
CY2019Q4 us-gaap Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
1318584000 USD
CY2020Q4 us-gaap Due To Correspondent Brokers
DueToCorrespondentBrokers
410772000 USD
CY2019Q4 us-gaap Due To Correspondent Brokers
DueToCorrespondentBrokers
511524000 USD
CY2020Q4 virt Net Equity With Futures Commission Merchant Liabilities
NetEquityWithFuturesCommissionMerchantLiabilities
77257000 USD
CY2019Q4 virt Net Equity With Futures Commission Merchant Liabilities
NetEquityWithFuturesCommissionMerchantLiabilities
50950000 USD
CY2020Q4 virt Securities Borrowed At Market Value
SecuritiesBorrowedAtMarketValue
1374266000 USD
CY2019Q4 virt Securities Borrowed At Market Value
SecuritiesBorrowedAtMarketValue
1881005000 USD
CY2020Q4 us-gaap Federal Funds Sold And Securities Purchased Under Agreements To Resell Pledged As Collateral
FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellPledgedAsCollateral
22866000 USD
CY2019Q4 us-gaap Federal Funds Sold And Securities Purchased Under Agreements To Resell Pledged As Collateral
FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellPledgedAsCollateral
142922000 USD
CY2020Q4 us-gaap Collateralized Agreements
CollateralizedAgreements
1397132000 USD
CY2019Q4 us-gaap Collateralized Agreements
CollateralizedAgreements
2023927000 USD
CY2020Q4 us-gaap Financial Instruments Owned And Pledged As Collateral At Fair Value
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
746539000 USD
CY2019Q4 us-gaap Financial Instruments Owned And Pledged As Collateral At Fair Value
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
696956000 USD
CY2020Q4 virt Short Term Debt Gross
ShortTermDebtGross
65073000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
387000 USD
CY2020Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
64686000 USD
CY2019Q4 virt Short Term Debt Gross
ShortTermDebtGross
75586000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2100000 USD
CY2019Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
73486000 USD
CY2020Q4 virt Number Of Borrowing Bases
NumberOfBorrowingBases
2 borrowing_base
CY2020Q4 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
28700000 USD
CY2020Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.024
CY2019Q4 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
45600000 USD
CY2019Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.045
CY2020 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.0050
CY2019Q4 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.043
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
33898000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1636512000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
0 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1670410000 USD
CY2020 virt Financial Instruments Owned And Not Pledged At Fair Value Counter Party And Cash Collateral Netting
FinancialInstrumentsOwnedAndNotPledgedAtFairValueCounterPartyAndCashCollateralNetting
291964000 USD
CY2020Q4 us-gaap Financial Instruments Owned And Not Pledged At Fair Value
FinancialInstrumentsOwnedAndNotPledgedAtFairValue
2369192000 USD
CY2020Q4 us-gaap Financial Instruments Owned And Pledged As Collateral At Fair Value
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
746539000 USD
CY2020Q4 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
68316000 USD
CY2020 virt Financial Instruments Sold Not Yet Purchased At Fair Value Counter Party And Cash Collateral Netting
FinancialInstrumentsSoldNotYetPurchasedAtFairValueCounterPartyAndCashCollateralNetting
292870000 USD
CY2020Q4 us-gaap Financial Instruments Sold Not Yet Purchased At Fair Value
FinancialInstrumentsSoldNotYetPurchasedAtFairValue
2923708000 USD
CY2019 virt Financial Instruments Owned And Not Pledged At Fair Value Counter Party And Cash Collateral Netting
FinancialInstrumentsOwnedAndNotPledgedAtFairValueCounterPartyAndCashCollateralNetting
211398000 USD
CY2019Q4 us-gaap Financial Instruments Owned And Not Pledged At Fair Value
FinancialInstrumentsOwnedAndNotPledgedAtFairValue
2068734000 USD
CY2019Q4 us-gaap Financial Instruments Owned And Pledged As Collateral At Fair Value
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
696956000 USD
CY2019Q4 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
48966000 USD
CY2019 virt Financial Instruments Sold Not Yet Purchased At Fair Value Counter Party And Cash Collateral Netting
FinancialInstrumentsSoldNotYetPurchasedAtFairValueCounterPartyAndCashCollateralNetting
196535000 USD
CY2019Q4 us-gaap Financial Instruments Sold Not Yet Purchased At Fair Value
FinancialInstrumentsSoldNotYetPurchasedAtFairValue
2497958000 USD
CY2020Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
66030000 USD
CY2019Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
46245000 USD
CY2019Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
46245000 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
0 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
19785000 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
0 USD
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
66030000 USD
CY2020 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
19785000 USD
CY2018Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
45856000 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
0 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
389000 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
0 USD
CY2019Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
46245000 USD
CY2019 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
389000 USD
CY2020Q4 us-gaap Securities Borrowed Gross
SecuritiesBorrowedGross
1425016000 USD
CY2020Q4 us-gaap Securities Borrowed
SecuritiesBorrowed
1425016000 USD
CY2020Q4 virt Securities Borrowed Not Offset Financial Instruments
SecuritiesBorrowedNotOffsetFinancialInstruments
1374266000 USD
CY2020Q4 us-gaap Securities Borrowed Collateral Obligation To Return Cash
SecuritiesBorrowedCollateralObligationToReturnCash
9686000 USD
CY2020Q4 virt Securities Borrowed Net
SecuritiesBorrowedNet
41064000 USD
CY2020Q4 us-gaap Securities Purchased Under Agreements To Resell Gross
SecuritiesPurchasedUnderAgreementsToResellGross
22866000 USD
CY2020Q4 us-gaap Securities Purchased Under Agreements To Resell
SecuritiesPurchasedUnderAgreementsToResell
22866000 USD
CY2020Q4 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Securities
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnSecurities
22866000 USD
CY2020Q4 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Cash
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash
0 USD
CY2020Q4 us-gaap Securities Purchased Under Agreements To Resell Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0 USD
CY2020Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Gross
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross
1798322000 USD
CY2020Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
291964000 USD
CY2020Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed
1506358000 USD
CY2020Q4 virt Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Not Offset Financial Instruments
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotOffsetFinancialInstruments
1397132000 USD
CY2020Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Cash
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash
18766000 USD
CY2020Q4 virt Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Net
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNet
90460000 USD
CY2020Q4 us-gaap Securities Loaned Gross
SecuritiesLoanedGross
948256000 USD
CY2020Q4 us-gaap Securities Loaned
SecuritiesLoaned
948256000 USD
CY2020Q4 us-gaap Securities Loaned Collateral Right To Reclaim Securities
SecuritiesLoanedCollateralRightToReclaimSecurities
921593000 USD
CY2020Q4 us-gaap Securities Loaned Collateral Right To Reclaim Cash
SecuritiesLoanedCollateralRightToReclaimCash
17800000 USD
CY2020Q4 us-gaap Securities Loaned Amount Offset Against Collateral
SecuritiesLoanedAmountOffsetAgainstCollateral
8863000 USD
CY2020Q4 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
461235000 USD
CY2020Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
461235000 USD
CY2020Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
461235000 USD
CY2020Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
0 USD
CY2020Q4 us-gaap Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral
0 USD
CY2020Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
1775210000 USD
CY2020Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
292870000 USD
CY2020Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
1482340000 USD
CY2020Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
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CY2020Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
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CY2020Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
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CY2019Q4 us-gaap Securities Borrowed
SecuritiesBorrowed
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CY2019Q4 virt Securities Borrowed Not Offset Financial Instruments
SecuritiesBorrowedNotOffsetFinancialInstruments
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CY2019Q4 us-gaap Securities Borrowed Collateral Obligation To Return Cash
SecuritiesBorrowedCollateralObligationToReturnCash
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CY2019Q4 virt Securities Borrowed Net
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CY2019Q4 us-gaap Securities Purchased Under Agreements To Resell Gross
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CY2019Q4 us-gaap Securities Purchased Under Agreements To Resell
SecuritiesPurchasedUnderAgreementsToResell
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CY2019Q4 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Securities
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnSecurities
142922000 USD
CY2019Q4 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Cash
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash
0 USD
CY2019Q4 us-gaap Securities Purchased Under Agreements To Resell Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
110000 USD
CY2019Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Gross
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross
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CY2019Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
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CY2019Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed
2111487000 USD
CY2019Q4 virt Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Not Offset Financial Instruments
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotOffsetFinancialInstruments
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CY2019Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Cash
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash
15280000 USD
CY2019Q4 virt Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Net
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNet
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CY2019Q4 us-gaap Securities Loaned Gross
SecuritiesLoanedGross
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CY2019Q4 us-gaap Securities Loaned
SecuritiesLoaned
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CY2019Q4 us-gaap Securities Loaned Collateral Right To Reclaim Securities
SecuritiesLoanedCollateralRightToReclaimSecurities
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CY2019Q4 us-gaap Securities Loaned Collateral Right To Reclaim Cash
SecuritiesLoanedCollateralRightToReclaimCash
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CY2019Q4 us-gaap Securities Loaned Amount Offset Against Collateral
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CY2019Q4 us-gaap Securities Sold Under Agreements To Repurchase Gross
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CY2019Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
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CY2019Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
340718000 USD
CY2019Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
0 USD
CY2019Q4 us-gaap Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral
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DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
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CY2019Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
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CY2019Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
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CY2019Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
1895951000 USD
CY2019Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
15281000 USD
CY2019Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
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CY2020Q4 virt Repurchase Agreement Remaining Contractual Maturity
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461235000 USD
CY2020Q4 virt Securities Lending Transaction Remaining Contractual Maturity
SecuritiesLendingTransactionRemainingContractualMaturity
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CY2019Q4 virt Repurchase Agreement Remaining Contractual Maturity
RepurchaseAgreementRemainingContractualMaturity
340742000 USD
CY2019Q4 virt Securities Lending Transaction Remaining Contractual Maturity
SecuritiesLendingTransactionRemainingContractualMaturity
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CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2020 us-gaap Revenues
Revenues
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CY2020 us-gaap Revenues
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RevenueFromContractWithCustomerExcludingAssessedTax
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CY2019 us-gaap Revenues
Revenues
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CY2019 us-gaap Revenues
Revenues
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RevenueFromContractWithCustomerExcludingAssessedTax
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CY2018 us-gaap Revenues
Revenues
1878718000 USD
CY2018 us-gaap Revenues
Revenues
1878718000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
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CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
53600000 USD
CY2020 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
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CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
9300000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8600000 USD
CY2020 virt Contract With Customer Liability Including New Contract Revenue Recognized
ContractWithCustomerLiabilityIncludingNewContractRevenueRecognized
33100000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
32600000 USD
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1382837000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
52040000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4362000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
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CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
37474000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
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CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
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CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.075
CY2019 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.081
CY2018 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.102
CY2020 virt Effective Income Tax Rate Reconciliation State And Local Income Taxes And Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxesAndForeignIncomeTaxRateDifferential
0.034
CY2019 virt Effective Income Tax Rate Reconciliation State And Local Income Taxes And Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxesAndForeignIncomeTaxRateDifferential
0.024
CY2018 virt Effective Income Tax Rate Reconciliation State And Local Income Taxes And Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxesAndForeignIncomeTaxRateDifferential
0.019
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.037
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
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EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.019
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.010
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
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CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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CY2019 us-gaap Effective Income Tax Rate Continuing Operations
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CY2020Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
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CY2019Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
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CY2018 us-gaap Effective Income Tax Rate Continuing Operations
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CY2020Q4 virt Deferred Tax Assets Tax Receivable Agreement
DeferredTaxAssetsTaxReceivableAgreement
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CY2019Q4 virt Deferred Tax Assets Tax Receivable Agreement
DeferredTaxAssetsTaxReceivableAgreement
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CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
17140000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
15572000 USD
CY2020Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
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CY2019Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
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CY2020Q4 virt Deferred Tax Assets Tax Credit And Operating Loss Carryforwards
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CY2019Q4 virt Deferred Tax Assets Tax Credit And Operating Loss Carryforwards
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CY2020Q4 virt Operating Loss Carryforwards And Tax Credits Valuation Allowance
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CY2019Q4 virt Operating Loss Carryforwards And Tax Credits Valuation Allowance
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60594000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
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CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
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DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
63052000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
71700000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
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63052000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
71700000 USD
CY2020Q4 us-gaap Income Taxes Receivable
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CY2019Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
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CY2020Q4 us-gaap Taxes Payable Current
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37900000 USD
CY2019Q4 us-gaap Taxes Payable Current
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CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
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CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
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CY2017Q4 us-gaap Unrecognized Tax Benefits
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CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
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CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
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CY2018Q4 us-gaap Unrecognized Tax Benefits
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CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
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CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1263000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
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CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
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CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
311000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
110000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
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CY2015Q4 virt Loss Contingency Amount Of Fine
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CY2015Q4 virt Loss Contingency Amount Of Fine
LossContingencyAmountOfFine
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CY2017Q4 virt Loss Contingency Amount Of Fine
LossContingencyAmountOfFine
3300000 EUR
CY2017Q4 virt Loss Contingency Amount Of Fine
LossContingencyAmountOfFine
3900000 USD
CY2018Q4 virt Loss Contingency Amount Of Fine
LossContingencyAmountOfFine
3000000.0 EUR
CY2018Q4 virt Loss Contingency Amount Of Fine
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CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
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CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
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FinanceLeaseRightOfUseAssetGross
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CY2019Q4 virt Finance Lease Right Of Use Asset Gross
FinanceLeaseRightOfUseAssetGross
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CY2020Q4 virt Finance Lease Right Of Use Asset Accumulated Depreciation
FinanceLeaseRightOfUseAssetAccumulatedDepreciation
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CY2019Q4 virt Finance Lease Right Of Use Asset Accumulated Depreciation
FinanceLeaseRightOfUseAssetAccumulatedDepreciation
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CY2020Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
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CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
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CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y6M
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y6M
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
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CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0570
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
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CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
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CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
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CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
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CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
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CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
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CY2020 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
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CY2019 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
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CY2020 us-gaap Lease Cost
LeaseCost
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CY2019 us-gaap Lease Cost
LeaseCost
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CY2020 us-gaap Sublease Income
SubleaseIncome
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CY2019 us-gaap Sublease Income
SubleaseIncome
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CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
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CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
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CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
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CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
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CY2020 virt Finance Lease Cost
FinanceLeaseCost
11968000 USD
CY2019 virt Finance Lease Cost
FinanceLeaseCost
13226000 USD
CY2020 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
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CY2019 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
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CY2020 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
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CY2020 virt Write Off Of Leasehold And Fixed Assets
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CY2020 virt Dilapidation Charges
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CY2019 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
27100000 USD
CY2019 virt Write Off Of Leasehold And Fixed Assets
WriteOffOfLeaseholdAndFixedAssets
37900000 USD
CY2019 virt Dilapidation Charges
DilapidationCharges
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CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2020Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
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CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
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CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
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CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
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CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
35393000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
27495000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
114873000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
384951000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
12247000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
69611000 USD
CY2020Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
560000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
315340000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
11687000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
732164000 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
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CY2019Q4 us-gaap Restricted Cash
RestrictedCash
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1007005000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
773280000 USD
CY2020 virt Number Of Classes Of Common Stock
NumberOfClassesOfCommonStock
4 class
CY2020Q4 virt Nonvoting Common Interest Units Outstanding
NonvotingCommonInterestUnitsOutstanding
5259713 shares
CY2019Q4 virt Nonvoting Common Interest Units Outstanding
NonvotingCommonInterestUnitsOutstanding
7919952 shares
CY2020 virt Nonvoting Common Interest Units Forfeited Or Repurchased
NonvotingCommonInterestUnitsForfeitedOrRepurchased
2660239 shares
CY2019 virt Nonvoting Common Interest Units Forfeited Or Repurchased
NonvotingCommonInterestUnitsForfeitedOrRepurchased
840803 shares
CY2018 virt Nonvoting Common Interest Units Forfeited Or Repurchased
NonvotingCommonInterestUnitsForfeitedOrRepurchased
3540312 shares
CY2018Q3 virt Stock Repurchase Program Increase In Authorized Amount
StockRepurchaseProgramIncreaseInAuthorizedAmount
50000000.0 USD
CY2018Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000.0 USD
CY2020 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
13400000 USD
CY2020 virt Increase Decrease In Accrued Employee Compensation Expense
IncreaseDecreaseInAccruedEmployeeCompensationExpense
25200000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
569551000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
573318000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
455961000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
457229000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
113590000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
116089000 USD
CY2020 us-gaap Depreciation
Depreciation
37400000 USD
CY2019 us-gaap Depreciation
Depreciation
44700000 USD
CY2018 us-gaap Depreciation
Depreciation
48400000 USD
CY2020 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
37000000.0 USD
CY2019 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
32500000 USD
CY2018 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
24400000 USD
CY2020 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
29300000 USD
CY2019 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
21000000.0 USD
CY2018 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
20400000 USD
CY2020 us-gaap Revenues
Revenues
3239331000 USD
CY2019 us-gaap Revenues
Revenues
1517492000 USD
CY2018 us-gaap Revenues
Revenues
1878718000 USD
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2020 virt Number Of Non Operating Segments
NumberOfNonOperatingSegments
1 segment
CY2020 us-gaap Revenues
Revenues
3239331000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1382837000 USD
CY2019 us-gaap Revenues
Revenues
1517492000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-115982000 USD
CY2018 us-gaap Revenues
Revenues
1878718000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
696363000 USD
CY2020Q4 us-gaap Due From Affiliates
DueFromAffiliates
2300000 USD
CY2019Q4 us-gaap Due From Affiliates
DueFromAffiliates
1300000 USD

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