$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

$dhil Overview Financials Valuation SEC Filings Company Website

2015 Q2 Form 10-Q Financial Statement

#000090910815000065 Filed on July 28, 2015

Income Statement

Concept	2015 Q2	2014 Q2
Revenue	$31.38M	$25.44M
YoY Change	23.36%	27.75%
Cost Of Revenue	$850.0K	$730.0K
YoY Change	16.44%	73.81%
Gross Profit	$30.53M	$24.71M
YoY Change	23.55%	26.78%
Gross Profit Margin	97.28%	97.13%
Selling, General & Admin	$3.744M	$2.307M
YoY Change	62.29%	16.24%
% of Gross Profit	12.26%	9.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$170.0K	$70.00K
YoY Change	142.86%	-22.22%
% of Gross Profit	0.56%	0.28%
Operating Expenses	$17.26M	$15.77M
YoY Change	9.47%	23.54%
Operating Profit	$14.12M	$9.674M
YoY Change	45.99%	35.26%
Interest Expense	$460.0K	$1.320M
YoY Change	-65.15%	80.82%
% of Operating Profit	3.26%	13.65%
Other Income/Expense, Net
YoY Change
Pretax Income	$14.58M	$11.00M
YoY Change	32.59%	39.53%
Income Tax	$5.401M	$4.067M
% Of Pretax Income	37.05%	36.99%
Net Earnings	$9.178M	$6.928M
YoY Change	32.48%	47.04%
Net Earnings / Revenue	29.25%	27.23%
Basic Earnings Per Share	$2.79	$2.17
Diluted Earnings Per Share	$2.73	$2.12
COMMON SHARES
Basic Shares Outstanding	3.288M shares	3.198M shares
Diluted Shares Outstanding	3.367M shares	3.268M shares

Balance Sheet

Concept	2015 Q2	2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$43.00M	$27.20M
YoY Change	58.09%	112.5%
Cash & Equivalents	$43.01M	$27.24M
Short-Term Investments
Other Short-Term Assets	$1.700M	$1.300M
YoY Change	30.77%	44.44%
Inventory
Prepaid Expenses
Receivables	$18.00M	$14.50M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$62.70M	$43.00M
YoY Change	45.81%	59.26%
LONG-TERM ASSETS
Property, Plant & Equipment	$4.157M	$898.7K
YoY Change	362.58%	-1.71%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$53.40M	$36.10M
YoY Change	47.92%	71.09%
Other Assets	$6.500M	$5.600M
YoY Change	16.07%	47.37%
Total Long-Term Assets	$65.98M	$44.39M
YoY Change	48.64%	71.12%
TOTAL ASSETS
Total Short-Term Assets	$62.70M	$43.00M
Total Long-Term Assets	$65.98M	$44.39M
Total Assets	$128.7M	$87.39M
YoY Change	47.25%	65.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$6.400M	$4.000M
YoY Change	60.0%	66.67%
Accrued Expenses	$12.70M	$13.10M
YoY Change	-3.05%	27.18%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$19.10M	$17.10M
YoY Change	11.7%	34.65%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$10.20M	$5.400M
YoY Change	88.89%	500.0%
Total Long-Term Liabilities	$10.20M	$5.400M
YoY Change	88.89%	500.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$19.10M	$17.10M
Total Long-Term Liabilities	$10.20M	$5.400M
Total Liabilities	$29.38M	$22.54M
YoY Change	30.34%	65.64%
SHAREHOLDERS EQUITY
Retained Earnings	$20.72M	-$3.625M
YoY Change	-671.64%	-80.56%
Common Stock	$97.90M	$80.59M
YoY Change	21.48%	11.25%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$99.29M	$64.84M
YoY Change
Total Liabilities & Shareholders Equity	$128.7M	$87.39M
YoY Change	47.25%	65.07%

Cashflow Statement

Concept	2015 Q2	2014 Q2
OPERATING ACTIVITIES
Net Income	$9.178M	$6.928M
YoY Change	32.48%	47.04%
Depreciation, Depletion And Amortization	$170.0K	$70.00K
YoY Change	142.86%	-22.22%
Cash From Operating Activities	$14.99M	$15.99M
YoY Change	-6.25%	67.61%
INVESTING ACTIVITIES
Capital Expenditures	-$150.0K	-$20.00K
YoY Change	650.0%	0.0%
Acquisitions
YoY Change
Other Investing Activities	-$3.260M	$0.00
YoY Change		-100.0%
Cash From Investing Activities	-$3.410M	-$30.00K
YoY Change	11266.67%	-98.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-70.00K	10.00K
YoY Change	-800.0%	-116.67%
NET CHANGE
Cash From Operating Activities	14.99M	15.99M
Cash From Investing Activities	-3.410M	-30.00K
Cash From Financing Activities	-70.00K	10.00K
Net Change In Cash	11.51M	15.97M
YoY Change	-27.93%	114.08%
FREE CASH FLOW
Cash From Operating Activities	$14.99M	$15.99M
Capital Expenditures	-$150.0K	-$20.00K
Free Cash Flow	$15.14M	$16.01M
YoY Change	-5.43%	67.47%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	9657372	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
	dei	Document Period End Date DocumentPeriodEndDate	2015-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000909108
CY2015Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	3396842	shares
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	DIAMOND HILL INVESTMENT GROUP INC
	dhil	Advance Commissions Amortization Period AdvanceCommissionsAmortizationPeriod	P12M
CY2014Q2	dhil	Assets Under Management Incentive Fees AssetsUnderManagementIncentiveFees	498891932	USD
CY2015Q2	dhil	Assets Under Management Incentive Fees AssetsUnderManagementIncentiveFees	576430237	USD
CY2014Q4	dhil	Book Value Per Share BookValuePerShare	22.4
CY2015Q2	dhil	Book Value Per Share BookValuePerShare	29.24
CY2014Q2	dhil	Broker Commission Advance Repayments BrokerCommissionAdvanceRepayments	218108	USD
	dhil	Broker Commission Advance Repayments BrokerCommissionAdvanceRepayments	391999	USD
CY2015Q2	dhil	Broker Commission Advance Repayments BrokerCommissionAdvanceRepayments	247922	USD
	dhil	Broker Commission Advance Repayments BrokerCommissionAdvanceRepayments	499281	USD
CY2014Q2	dhil	Broker Commission Amortization BrokerCommissionAmortization	210100	USD
	dhil	Broker Commission Amortization BrokerCommissionAmortization	385202	USD
CY2015Q2	dhil	Broker Commission Amortization BrokerCommissionAmortization	240616	USD
	dhil	Broker Commission Amortization BrokerCommissionAmortization	485558	USD
CY2014Q2	dhil	Contractual Expense Reimburse Net ContractualExpenseReimburseNet	401313	USD
	dhil	Contractual Expense Reimburse Net ContractualExpenseReimburseNet	797354	USD
CY2015Q2	dhil	Contractual Expense Reimburse Net ContractualExpenseReimburseNet	666749	USD
	dhil	Contractual Expense Reimburse Net ContractualExpenseReimburseNet	1214504	USD
	dhil	Contractual Reimbursementof Future Minimum Lease Payments Expected Over Lifeof Operating Lease Agreement ContractualReimbursementofFutureMinimumLeasePaymentsExpectedOverLifeofOperatingLeaseAgreement	200000	USD
CY2015Q2	dhil	Cost Basis Of Portfolio Investments CostBasisOfPortfolioInvestments	45400000	USD
CY2014Q4	dhil	Fair Value Transfers Between Level1 Level2or Level3 Amount FairValueTransfersBetweenLevel1Level2orLevel3Amount	0	USD
CY2015Q2	dhil	Fair Value Transfers Between Level1 Level2or Level3 Amount FairValueTransfersBetweenLevel1Level2orLevel3Amount	0	USD
CY2014Q2	dhil	Financing Activity Net FinancingActivityNet	8008	USD
	dhil	Financing Activity Net FinancingActivityNet	6797	USD
CY2015Q2	dhil	Financing Activity Net FinancingActivityNet	7306	USD
	dhil	Financing Activity Net FinancingActivityNet	13723	USD
CY2014Q2	dhil	Fund Related Expense FundRelatedExpense	2419569	USD
	dhil	Fund Related Expense FundRelatedExpense	4508744	USD
CY2015Q2	dhil	Fund Related Expense FundRelatedExpense	2908128	USD
	dhil	Fund Related Expense FundRelatedExpense	5746922	USD
CY2014Q2	dhil	Revenue From Administrative Services Excluding Financial Activity Net RevenueFromAdministrativeServicesExcludingFinancialActivityNet	3492109	USD
	dhil	Lessee Leasing Agreements Operating Leases Areaunder Lease LesseeLeasingAgreementsOperatingLeasesAreaunderLease	42400	sqft
CY2015Q2	dhil	Number Of Operating Subsidiaries NumberOfOperatingSubsidiaries	3	Subsidiary
CY2014	dhil	Operating Lease Expense Excluding Rent OperatingLeaseExpenseExcludingRent	300000	USD
	dhil	Revenue From Administrative Services Excluding Financial Activity Net RevenueFromAdministrativeServicesExcludingFinancialActivityNet	6771609	USD
CY2015Q2	dhil	Revenue From Administrative Services Excluding Financial Activity Net RevenueFromAdministrativeServicesExcludingFinancialActivityNet	4356005	USD
	dhil	Revenue From Administrative Services Excluding Financial Activity Net RevenueFromAdministrativeServicesExcludingFinancialActivityNet	8267459	USD
CY2014Q2	dhil	Revenue From Administrative Services Net RevenueFromAdministrativeServicesNet	3500117	USD
	dhil	Revenue From Administrative Services Net RevenueFromAdministrativeServicesNet	6778406	USD
CY2015Q2	dhil	Revenue From Administrative Services Net RevenueFromAdministrativeServicesNet	4363311	USD
	dhil	Revenue From Administrative Services Net RevenueFromAdministrativeServicesNet	8281182	USD
	dhil	Rolling Client Investment Performance Period RollingClientInvestmentPerformancePeriod	P5Y
CY2014Q2	dhil	Service Fees And Commission Expense Payments To Third Parties ServiceFeesAndCommissionExpensePaymentsToThirdParties	2342897	USD
	dhil	Service Fees And Commission Expense Payments To Third Parties ServiceFeesAndCommissionExpensePaymentsToThirdParties	4499409	USD
CY2015Q2	dhil	Service Fees And Commission Expense Payments To Third Parties ServiceFeesAndCommissionExpensePaymentsToThirdParties	2418508	USD
	dhil	Service Fees And Commission Expense Payments To Third Parties ServiceFeesAndCommissionExpensePaymentsToThirdParties	4792371	USD
CY2014Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	6550770	USD
CY2015Q2	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	6426067	USD
CY2014Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	16514146	USD
CY2015Q2	us-gaap	Accounts Receivable Net AccountsReceivableNet	18019839	USD
CY2014Q4	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	19981250	USD
CY2015Q2	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	12743000	USD
CY2014Q2	us-gaap	Administrative Services Revenue AdministrativeServicesRevenue	5565081	USD
	us-gaap	Administrative Services Revenue AdministrativeServicesRevenue	10608498	USD
CY2015Q2	us-gaap	Administrative Services Revenue AdministrativeServicesRevenue	6883451	USD
	us-gaap	Administrative Services Revenue AdministrativeServicesRevenue	13263411	USD
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	us-gaap	Asset Management Costs AssetManagementCosts	1406450	USD
CY2015Q2	us-gaap	Asset Management Costs AssetManagementCosts	848657	USD
	us-gaap	Asset Management Costs AssetManagementCosts	1585030	USD
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CY2015Q2	us-gaap	Assets Assets	128675334	USD
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	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	7231607	USD
CY2014Q4	us-gaap	Common Stock No Par Value CommonStockNoParValue
CY2015Q2	us-gaap	Common Stock No Par Value CommonStockNoParValue
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7000000	shares
CY2015Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7000000	shares
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3317728	shares
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CY2014Q4	us-gaap	Common Stock Value CommonStockValue	84855693	USD
CY2015Q2	us-gaap	Common Stock Value CommonStockValue	97899697	USD
CY2014Q4	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	12566133	USD
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CY2014Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0	USD
CY2015Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0	USD
	us-gaap	Depreciation Depreciation	146232	USD
	us-gaap	Depreciation Depreciation	279024	USD
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	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	5.75
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	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.90
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	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	5.61
CY2014Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.370
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.369
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	us-gaap	Gain Loss On Investments GainLossOnInvestments	2057435	USD
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	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-3411792	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-130017	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-227075	USD
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	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	2553	shares
CY2015Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	6044	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	4662	shares
CY2014Q2	us-gaap	Investment Advisory Fees InvestmentAdvisoryFees	21940096	USD
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CY2015Q2	us-gaap	Investment Advisory Fees InvestmentAdvisoryFees	27018876	USD
	us-gaap	Investment Advisory Fees InvestmentAdvisoryFees	52419412	USD
CY2014Q2	us-gaap	Investment Income Nonoperating InvestmentIncomeNonoperating	1321914	USD
	us-gaap	Investment Income Nonoperating InvestmentIncomeNonoperating	1838442	USD
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	us-gaap	Labor And Related Expense LaborAndRelatedExpense	25452206	USD
CY2014Q4	us-gaap	Liabilities Liabilities	33389404	USD
CY2015Q2	us-gaap	Liabilities Liabilities	29380348	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	107708628	USD
CY2015Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	128675334	USD
CY2014Q4	us-gaap	Liability For Uncertain Tax Positions Current LiabilityForUncertainTaxPositionsCurrent	0	USD
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	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-138547	USD
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	us-gaap	Net Income Loss NetIncomeLoss	12677633	USD
CY2015Q2	us-gaap	Net Income Loss NetIncomeLoss	9178122	USD
	us-gaap	Net Income Loss NetIncomeLoss	18690744	USD
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	Segment
CY2014Q2	us-gaap	Operating Expenses OperatingExpenses	15766608	USD
	us-gaap	Operating Expenses OperatingExpenses	30383919	USD
CY2015Q2	us-gaap	Operating Expenses OperatingExpenses	17260101	USD
	us-gaap	Operating Expenses OperatingExpenses	33384501	USD
CY2014Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	9673605	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	18245390	USD
CY2015Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	14122086	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	27316093	USD
CY2015Q2	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	5933000	USD
CY2015Q2	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	596000	USD
CY2015Q2	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	632000	USD
CY2015Q2	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	696000	USD
CY2015Q2	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	696000	USD
CY2015Q2	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	2965000	USD
CY2015Q2	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	348000	USD
CY2014Q2	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	226948	USD
	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	453037	USD
CY2015Q2	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	234333	USD
	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	462797	USD
	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit	200000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	365420	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	3235604	USD
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	15308201	USD
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	11040594	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	80033	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	722352	USD
CY2014Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2015Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2014Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued		shares
CY2015Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued		shares
CY2014Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding		shares
CY2015Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding		shares
CY2014Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2015Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2014Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	1904945	USD
CY2015Q2	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	1666206	USD
	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	0	USD
	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	3492995	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2425949	USD
CY2015Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	4157440	USD
CY2015Q2	us-gaap	Property Subject To Or Available For Operating Lease Number Of Units PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits	2	Location
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2029664	USD
CY2015Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	20720408	USD
CY2014Q2	us-gaap	Revenues Revenues	25440213	USD
	us-gaap	Revenues Revenues	48629309	USD
CY2015Q2	us-gaap	Revenues Revenues	31382187	USD
	us-gaap	Revenues Revenues	60700594	USD
CY2014Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	591157	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1083038	USD
CY2015Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1160451	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1770152	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	3608289	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	4074437	USD
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	306768	shares
CY2015Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	307163	shares
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	3984817	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	3826458	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	74319224	USD
CY2015Q2	us-gaap	Stockholders Equity StockholdersEquity	99294986	USD
CY2014Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	1178620	USD
CY2015Q2	us-gaap	Taxes Payable Current TaxesPayableCurrent	0	USD
CY2014Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3268296	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3254672	shares
CY2015Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3367280	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3331521	shares
CY2014Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3198231	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3182175	shares
CY2015Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3287751	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3253144	shares
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Reclassification</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts and disclosures may have been reclassified to conform to the current period's financial presentation.</font></div></div>
	us-gaap	Revenue Recognition Accounting Policy Gross And Net Revenue Disclosure RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Revenue Recognition – Mutual Fund Administration</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DHCM has an administrative and transfer agency services agreement with the Funds, under which DHCM performs certain services for each Fund. These services include mutual fund administration, fund accounting, transfer agency and other related functions. Effective January 1, 2015, for performing these services, each Fund pays DHCM a fee, which is calculated using an annual rate of </font><font style="font-family:inherit;font-size:10pt;">0.24%</font><font style="font-family:inherit;font-size:10pt;"> for Class A, C, and I shares and </font><font style="font-family:inherit;font-size:10pt;">0.10%</font><font style="font-family:inherit;font-size:10pt;"> for Class Y shares, times the average daily net assets of each respective series and share class. Prior to January 1, 2015, the annual rate was </font><font style="font-family:inherit;font-size:10pt;">0.25%</font><font style="font-family:inherit;font-size:10pt;"> for Class A, C, and I shares and </font><font style="font-family:inherit;font-size:10pt;">0.10%</font><font style="font-family:inherit;font-size:10pt;"> for Class Y shares.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Funds have selected and contractually engaged certain vendors to fulfill various services to benefit the Funds’ shareholders or to satisfy regulatory requirements of the Funds. These services include, among others, required shareholder mailings, federal and state registrations, and legal and audit services. DHCM, in fulfilling a portion of its role under the administration agreement with the Funds, acts as agent to pay these obligations of the Funds. Each vendor is independently responsible for fulfillment of the services it has been engaged to provide and negotiates fees and terms with the management and board of trustees of the Funds. The fee that each Fund pays to DHCM is reviewed annually by the Funds’ board of trustees and specifically takes into account the contractual expenses that DHCM pays on behalf of the Funds. As a result, DHCM is not involved in the delivery or pricing of these services and bears no risk related to these services. Revenue has been recorded net of these Fund related expenses, in accordance with FASB ASC 605-45, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue Recognition – Principal Agent Considerations</font><font style="font-family:inherit;font-size:10pt;">. In addition, DHCM finances the upfront commissions which are paid to brokers who sell Class C shares of the Funds. As financer, DHCM advances the commission amount to be paid to the selling broker at the time of sale. These advances are capitalized and amortized over </font><font style="font-family:inherit;font-size:10pt;">12 months</font><font style="font-family:inherit;font-size:10pt;"> to correspond with the repayments DHCM receives from the principal underwriter to recoup this commission advancement.</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Beacon Hill has underwriting and administrative service agreements with certain clients, including registered mutual funds. The fee arrangements vary from client to client based upon services provided and are recorded as revenue under mutual fund administration on the Consolidated Statements of Income. Part of Beacon Hill’s role as underwriter is to act as an agent on behalf of its mutual fund clients to receive 12b-1/service fees and commission revenue and facilitate the payment of those fees and commissions to third parties who provide services to the funds and their shareholders. The majority of 12b-1/service fees are paid to independent third parties and the remainder are retained by the Company as a reimbursement of expenses the Company has incurred. The amount of 12b-1/service fees and commissions are determined by each mutual fund client, and Beacon Hill bears no financial risk related to these services. As a result, 12b-1/service fees and commission revenue has been recorded net of the expense payments to third parties, in accordance with the appropriate accounting treatment for this agency relationship.</font></div></div>
	us-gaap	Revenue Recognition Services Management Fees RevenueRecognitionServicesManagementFees	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Revenue Recognition – Variable Incentive Fees</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company manages certain client accounts that provide for variable incentive fees. These fees are calculated based on client investment results over rolling </font><font style="font-family:inherit;font-size:10pt;">five</font><font style="font-family:inherit;font-size:10pt;"> year periods. The Company records variable incentive fees at the end of the contract measurement period. No variable incentive fees were earned during the </font><font style="font-family:inherit;font-size:10pt;">three and six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;">. The table below shows AUM subject to variable incentive fees and the amount of variable incentive fees that would be recognized if the contracts were terminated as of </font><font style="font-family:inherit;font-size:10pt;">June 30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td width="73%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"> </font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">As of June 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">AUM subject to variable incentive fees</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">576,430,237</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">498,891,932</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td width="73%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">As of June 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contractual Period Ends:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended June 30, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,655,964</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,614,204</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended December 31, 2018</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">265,040</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">—</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended September 30, 2019</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">278,658</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">—</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter Ended March 31, 2020</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,518</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">—</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total variable incentive fees that would be recognized if contract terminated</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,208,180</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,614,204</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The contractual end dates highlight the time remaining until the variable incentive fees are scheduled to be earned. The amount of variable incentive fees that would be recognized if the contracts were terminated as of </font><font style="font-family:inherit;font-size:10pt;">June 30, 2015</font><font style="font-family:inherit;font-size:10pt;"> or </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;"> will increase or decrease based on future client investment results through the contractual period end, and there is no assurance that the above amounts will ultimately be earned.</font></div></div>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Use of Estimates</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the condensed consolidated financial statements in conformity with GAAP requires management of the Company to make estimates and assumptions related to 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 revenues and expenses during the period. Actual results could differ from those estimates.</font></div></div>

Files In Submission

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0000909108-15-000065-index-headers.html	Edgar Link	pending
0000909108-15-000065-index.html	Edgar Link	pending
0000909108-15-000065.txt	Edgar Link	pending
0000909108-15-000065-xbrl.zip	Edgar Link	pending
dhil-20150630.xml	Edgar Link	completed
dhil-20150630.xsd	Edgar Link	pending
dhil-20150630_cal.xml	Edgar Link	unprocessable
dhil-20150630_def.xml	Edgar Link	unprocessable
dhil-20150630_lab.xml	Edgar Link	unprocessable
dhil-20150630_pre.xml	Edgar Link	unprocessable
dhil-2015630x10q.htm	Edgar Link	pending
diamondhillinvgroup4ca01a04.jpg	Edgar Link	pending
ex-311x063015.htm	Edgar Link	pending
ex-312x063015.htm	Edgar Link	pending
ex-321x063015.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
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report.css	Edgar Link	pending
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$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

2015 Q2 Form 10-Q Financial Statement

#000090910815000065 Filed on July 28, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DHIL DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

2015 Q2 Form 10-Q Financial Statement

#000090910815000065 Filed on July 28, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil