$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

$dhil Overview Financials Valuation SEC Filings Company Website

2015 Q4 Form 10-Q Financial Statement

#000090910815000076 Filed on October 28, 2015

Income Statement

Concept	2015 Q4	2015 Q3	2014 Q3
Revenue	$32.30M	$31.42M	$27.46M
YoY Change	13.45%	14.44%	31.89%
Cost Of Revenue	$900.0K	$840.0K	$740.0K
YoY Change	21.62%	13.51%	57.45%
Gross Profit	$31.40M	$30.58M	$26.72M
YoY Change	13.23%	14.45%	31.3%
Gross Profit Margin	97.21%	97.31%	97.31%
Selling, General & Admin	$14.14M	$3.497M	$2.367M
YoY Change	48.84%	47.78%	15.01%
% of Gross Profit	45.03%	11.44%	8.86%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$180.0K	$170.0K	$70.00K
YoY Change	125.0%	142.86%	0.0%
% of Gross Profit	0.57%	0.56%	0.26%
Operating Expenses	$14.14M	$17.28M	$16.47M
YoY Change	48.84%	4.9%	23.41%
Operating Profit	$17.26M	$14.14M	$10.98M
YoY Change	-5.32%	28.75%	47.04%
Interest Expense	$970.0K	-$3.510M	-$1.010M
YoY Change	-53.14%	247.52%	-210.99%
% of Operating Profit	5.62%	-24.82%	-9.2%
Other Income/Expense, Net
YoY Change
Pretax Income	$18.24M	$10.63M	$9.978M
YoY Change	-10.15%	6.53%	19.02%
Income Tax	$6.580M	$3.900M	$3.627M
% Of Pretax Income	36.07%	36.69%	36.35%
Net Earnings	$11.66M	$6.728M	$6.351M
YoY Change	-7.09%	5.95%	18.44%
Net Earnings / Revenue	36.1%	21.41%	23.13%
Basic Earnings Per Share		$2.04	$1.98
Diluted Earnings Per Share	$3.440M	$1.99	$1.94
COMMON SHARES
Basic Shares Outstanding	3.407M shares	3.297M shares	3.206M shares
Diluted Shares Outstanding		3.379M shares	3.281M shares

Balance Sheet

Concept	2015 Q4	2015 Q3	2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$57.50M	$58.10M	$42.40M
YoY Change	60.61%	37.03%	60.61%
Cash & Equivalents	$57.47M	$58.10M	$42.44M
Short-Term Investments
Other Short-Term Assets	$1.800M	$1.800M	$1.900M
YoY Change	-5.26%	-5.26%	46.15%
Inventory
Prepaid Expenses
Receivables	$18.60M	$17.00M	$15.40M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$77.90M	$76.90M	$59.70M
YoY Change	43.73%	28.81%	53.08%
LONG-TERM ASSETS
Property, Plant & Equipment	$4.253M	$4.151M	$1.426M
YoY Change	75.33%	191.16%	55.94%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$11.28M	$52.70M	$35.00M
YoY Change	-75.15%	50.57%	58.37%
Other Assets	$9.200M	$6.600M	$4.900M
YoY Change	61.4%	34.69%	48.48%
Total Long-Term Assets	$67.29M	$68.72M	$43.75M
YoY Change	25.75%	57.08%	60.94%
TOTAL ASSETS
Total Short-Term Assets	$77.90M	$76.90M	$59.70M
Total Long-Term Assets	$67.29M	$68.72M	$43.75M
Total Assets	$145.2M	$145.6M	$103.4M
YoY Change	34.8%	40.77%	56.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$7.700M	$8.500M	$4.600M
YoY Change	16.67%	84.78%	31.43%
Accrued Expenses	$22.00M	$19.60M	$20.50M
YoY Change	10.0%	-4.39%	28.13%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$29.70M	$28.10M	$25.10M
YoY Change	6.83%	11.95%	28.72%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$10.20M	$9.500M	$5.300M
YoY Change	78.95%	79.25%	488.89%
Total Long-Term Liabilities	$10.20M	$9.500M	$5.300M
YoY Change	78.95%	79.25%	488.89%
TOTAL LIABILITIES
Total Short-Term Liabilities	$29.70M	$28.10M	$25.10M
Total Long-Term Liabilities	$10.20M	$9.500M	$5.300M
Total Liabilities	$39.87M	$37.58M	$30.34M
YoY Change	19.42%	23.85%	48.33%
SHAREHOLDERS EQUITY
Retained Earnings	$22.07M	$27.45M	$2.726M
YoY Change	987.48%	906.99%	-120.52%
Common Stock	$102.5M	$100.3M	$81.84M
YoY Change	20.84%	22.57%	12.47%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$105.3M	$108.0M	$73.11M
YoY Change
Total Liabilities & Shareholders Equity	$145.2M	$145.6M	$103.4M
YoY Change	34.8%	40.77%	56.31%

Cashflow Statement

Concept	2015 Q4	2015 Q3	2014 Q3
OPERATING ACTIVITIES
Net Income	$11.66M	$6.728M	$6.351M
YoY Change	-7.09%	5.95%	18.44%
Depreciation, Depletion And Amortization	$180.0K	$170.0K	$70.00K
YoY Change	125.0%	142.86%	0.0%
Cash From Operating Activities	$16.20M	$18.71M	$15.78M
YoY Change	-5.7%	18.57%	11.68%
INVESTING ACTIVITIES
Capital Expenditures	-$300.0K	-$530.0K	-$600.0K
YoY Change	-63.41%	-11.67%	757.14%
Acquisitions
YoY Change
Other Investing Activities	$140.0K	-$2.910M	$0.00
YoY Change	-101.42%
Cash From Investing Activities	-$170.0K	-$3.440M	-$590.0K
YoY Change	-98.41%	483.05%	742.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-16.65M	-190.0K	20.00K
YoY Change	26.71%	-1050.0%	-103.92%
NET CHANGE
Cash From Operating Activities	16.20M	18.71M	15.78M
Cash From Investing Activities	-170.0K	-3.440M	-590.0K
Cash From Financing Activities	-16.65M	-190.0K	20.00K
Net Change In Cash	-620.0K	15.08M	15.21M
YoY Change	-90.7%	-0.85%	12.25%
FREE CASH FLOW
Cash From Operating Activities	$16.20M	$18.71M	$15.78M
Capital Expenditures	-$300.0K	-$530.0K	-$600.0K
Free Cash Flow	$16.50M	$19.24M	$16.38M
YoY Change	-8.33%	17.46%	15.35%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3348196	shares
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
	dei	Document Period End Date DocumentPeriodEndDate	2015-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000909108
CY2015Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	3407358	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
CY2014Q3	dhil	Assets Under Management Incentive Fees AssetsUnderManagementIncentiveFees	535817741	USD
CY2015Q3	dhil	Assets Under Management Incentive Fees AssetsUnderManagementIncentiveFees	524380560	USD
CY2014Q4	dhil	Book Value Per Share BookValuePerShare	22.4
CY2015Q3	dhil	Book Value Per Share BookValuePerShare	31.71
CY2014Q3	dhil	Broker Commission Advance Repayments BrokerCommissionAdvanceRepayments	235054	USD
	dhil	Broker Commission Advance Repayments BrokerCommissionAdvanceRepayments	627052	USD
CY2015Q3	dhil	Broker Commission Advance Repayments BrokerCommissionAdvanceRepayments	269602	USD
	dhil	Broker Commission Advance Repayments BrokerCommissionAdvanceRepayments	768884	USD
CY2014Q3	dhil	Broker Commission Amortization BrokerCommissionAmortization	222430	USD
	dhil	Broker Commission Amortization BrokerCommissionAmortization	607631	USD
CY2015Q3	dhil	Broker Commission Amortization BrokerCommissionAmortization	246254	USD
	dhil	Broker Commission Amortization BrokerCommissionAmortization	731813	USD
CY2014Q3	dhil	Contractual Expense Reimburse Net ContractualExpenseReimburseNet	441411	USD
	dhil	Contractual Expense Reimburse Net ContractualExpenseReimburseNet	1238765	USD
CY2015Q3	dhil	Contractual Expense Reimburse Net ContractualExpenseReimburseNet	711053	USD
	dhil	Contractual Expense Reimburse Net ContractualExpenseReimburseNet	1925557	USD
CY2015Q3	dhil	Cost Basis Of Portfolio Investments CostBasisOfPortfolioInvestments	48000000	USD
CY2014Q4	dhil	Fair Value Transfers Between Level1 Level2or Level3 Amount FairValueTransfersBetweenLevel1Level2orLevel3Amount	0	USD
CY2015Q3	dhil	Fair Value Transfers Between Level1 Level2or Level3 Amount FairValueTransfersBetweenLevel1Level2orLevel3Amount	0	USD
CY2014Q3	dhil	Financing Activity Net FinancingActivityNet	12624	USD
	dhil	Financing Activity Net FinancingActivityNet	19421	USD
CY2015Q3	dhil	Financing Activity Net FinancingActivityNet	23348	USD
	dhil	Financing Activity Net FinancingActivityNet	37071	USD
CY2014Q3	dhil	Fund Related Expense FundRelatedExpense	2545768	USD
	dhil	Fund Related Expense FundRelatedExpense	7054512	USD
CY2015Q3	dhil	Fund Related Expense FundRelatedExpense	3224405	USD
	dhil	Fund Related Expense FundRelatedExpense	8971327	USD
	dhil	Lessee Leasing Agreements Operating Leases Areaunder Lease LesseeLeasingAgreementsOperatingLeasesAreaunderLease	42400	sqft
CY2015Q3	dhil	Number Of Operating Subsidiaries NumberOfOperatingSubsidiaries	3	Subsidiary
CY2014	dhil	Operating Lease Expense Excluding Rent OperatingLeaseExpenseExcludingRent	300000	USD
CY2014Q3	dhil	Revenue From Administrative Services Excluding Financial Activity Net RevenueFromAdministrativeServicesExcludingFinancialActivityNet	3904840	USD
	dhil	Revenue From Administrative Services Excluding Financial Activity Net RevenueFromAdministrativeServicesExcludingFinancialActivityNet	10676449	USD
CY2015Q3	dhil	Revenue From Administrative Services Excluding Financial Activity Net RevenueFromAdministrativeServicesExcludingFinancialActivityNet	3925025	USD
	dhil	Revenue From Administrative Services Excluding Financial Activity Net RevenueFromAdministrativeServicesExcludingFinancialActivityNet	12192484	USD
CY2014Q3	dhil	Revenue From Administrative Services Net RevenueFromAdministrativeServicesNet	3917464	USD
	dhil	Revenue From Administrative Services Net RevenueFromAdministrativeServicesNet	10695870	USD
CY2015Q3	dhil	Revenue From Administrative Services Net RevenueFromAdministrativeServicesNet	3948373	USD
	dhil	Revenue From Administrative Services Net RevenueFromAdministrativeServicesNet	12229555	USD
	dhil	Rolling Client Investment Performance Period RollingClientInvestmentPerformancePeriod	P5Y
CY2014Q3	dhil	Service Fees And Commission Expense Payments To Third Parties ServiceFeesAndCommissionExpensePaymentsToThirdParties	2315084	USD
	dhil	Service Fees And Commission Expense Payments To Third Parties ServiceFeesAndCommissionExpensePaymentsToThirdParties	6814493	USD
CY2015Q3	dhil	Service Fees And Commission Expense Payments To Third Parties ServiceFeesAndCommissionExpensePaymentsToThirdParties	2372516	USD
	dhil	Service Fees And Commission Expense Payments To Third Parties ServiceFeesAndCommissionExpensePaymentsToThirdParties	7164887	USD
CY2014Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	6550770	USD
CY2015Q3	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	8498381	USD
CY2014Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	16514146	USD
CY2015Q3	us-gaap	Accounts Receivable Net AccountsReceivableNet	16988637	USD
CY2014Q4	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	19981250	USD
CY2015Q3	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	19565000	USD
CY2014Q3	us-gaap	Administrative Services Revenue AdministrativeServicesRevenue	6074294	USD
	us-gaap	Administrative Services Revenue AdministrativeServicesRevenue	16682792	USD
CY2015Q3	us-gaap	Administrative Services Revenue AdministrativeServicesRevenue	6768161	USD
	us-gaap	Administrative Services Revenue AdministrativeServicesRevenue	20031572	USD
CY2014Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	0	USD
CY2015Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	0	USD
CY2014Q3	us-gaap	Asset Management Costs AssetManagementCosts	737784	USD
	us-gaap	Asset Management Costs AssetManagementCosts	2144234	USD
CY2015Q3	us-gaap	Asset Management Costs AssetManagementCosts	844563	USD
	us-gaap	Asset Management Costs AssetManagementCosts	2429593	USD
CY2014Q4	us-gaap	Assets Assets	107708628	USD
CY2015Q3	us-gaap	Assets Assets	145623539	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	33106972	USD
CY2014Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	42444685	USD
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	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	9337713	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	22321200	USD
CY2014Q4	us-gaap	Common Stock No Par Value CommonStockNoParValue
CY2015Q3	us-gaap	Common Stock No Par Value CommonStockNoParValue
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7000000	shares
CY2015Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7000000	shares
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3317728	shares
CY2015Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3407269	shares
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3317728	shares
CY2015Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3407269	shares
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	84855693	USD
CY2015Q3	us-gaap	Common Stock Value CommonStockValue	100308443	USD
CY2014Q4	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	12566133	USD
CY2015Q3	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	19711840	USD
CY2014Q4	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	5678764	USD
CY2015Q3	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	9514687	USD
CY2014Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	5658992	USD
CY2015Q3	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	6555129	USD
CY2014Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0	USD
CY2015Q3	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0	USD
	us-gaap	Depreciation Depreciation	216680	USD
	us-gaap	Depreciation Depreciation	453702	USD
CY2014Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.98
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	5.96
CY2015Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.04
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	7.78
CY2014Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.94
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	5.84
CY2015Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.99
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	7.59
CY2014Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.364
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.367
CY2015Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.367
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CY2014Q3	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
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	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	404309	USD
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	us-gaap	Fees And Commissions FeesAndCommissions	7862662	USD
CY2015Q3	us-gaap	Fees And Commissions FeesAndCommissions	2753785	USD
	us-gaap	Fees And Commissions FeesAndCommissions	8297126	USD
	us-gaap	Gain Loss On Investments GainLossOnInvestments	956824	USD
	us-gaap	Gain Loss On Investments GainLossOnInvestments	-1788286	USD
CY2014Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1801668	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5098856	USD
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	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6966452	USD
CY2014Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	9977585	USD
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	us-gaap	Income Taxes Paid IncomeTaxesPaid	15575725	USD
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	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2348951	USD
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	us-gaap	Increase Decrease In Deferred Compensation IncreaseDecreaseInDeferredCompensation	3835923	USD
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-3135159	USD
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	896137	USD
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	4608207	USD
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	3410208	USD
	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	74267	shares
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-148027	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-2484335	USD
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CY2015Q3	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	74154	shares
CY2014Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	5212	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	3480	shares
CY2015Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	7709	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	5892	shares
CY2014Q3	us-gaap	Investment Advisory Fees InvestmentAdvisoryFees	23541029	USD
	us-gaap	Investment Advisory Fees InvestmentAdvisoryFees	65391932	USD
CY2015Q3	us-gaap	Investment Advisory Fees InvestmentAdvisoryFees	27475552	USD
	us-gaap	Investment Advisory Fees InvestmentAdvisoryFees	79894964	USD
CY2014Q3	us-gaap	Investment Income Nonoperating InvestmentIncomeNonoperating	-1005915	USD
	us-gaap	Investment Income Nonoperating InvestmentIncomeNonoperating	832527	USD
CY2015Q3	us-gaap	Investment Income Nonoperating InvestmentIncomeNonoperating	-3512134	USD
	us-gaap	Investment Income Nonoperating InvestmentIncomeNonoperating	-1710111	USD
CY2014Q4	us-gaap	Investments Investments	45427456	USD
CY2015Q3	us-gaap	Investments Investments	52694353	USD
CY2015Q3	us-gaap	Investments Fair Value Disclosure InvestmentsFairValueDisclosure	52700000	USD
CY2014Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	13370572	USD
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	37967815	USD
CY2015Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	12941017	USD
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	38393223	USD
CY2014Q4	us-gaap	Liabilities Liabilities	33389404	USD
CY2015Q3	us-gaap	Liabilities Liabilities	37578068	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	107708628	USD
CY2015Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	145623539	USD
CY2014Q4	us-gaap	Liability For Uncertain Tax Positions Current LiabilityForUncertainTaxPositionsCurrent	0	USD
CY2015Q3	us-gaap	Liability For Uncertain Tax Positions Current LiabilityForUncertainTaxPositionsCurrent	0	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-116669	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1807314	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-15984278	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-11705589	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	25438660	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	35834103	USD
CY2014Q3	us-gaap	Net Income Loss NetIncomeLoss	6350580	USD
	us-gaap	Net Income Loss NetIncomeLoss	19028213	USD
CY2015Q3	us-gaap	Net Income Loss NetIncomeLoss	6728460	USD
	us-gaap	Net Income Loss NetIncomeLoss	25419204	USD
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	Segment
CY2014Q3	us-gaap	Operating Expenses OperatingExpenses	16474993	USD
	us-gaap	Operating Expenses OperatingExpenses	46858912	USD
CY2015Q3	us-gaap	Operating Expenses OperatingExpenses	17282908	USD
	us-gaap	Operating Expenses OperatingExpenses	50667409	USD
CY2014Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	10983500	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	29228890	USD
CY2015Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	14141017	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	41457110	USD
CY2015Q3	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	5759000	USD
CY2015Q3	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	596000	USD
CY2015Q3	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	632000	USD
CY2015Q3	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	696000	USD
CY2015Q3	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	696000	USD
CY2015Q3	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	2965000	USD
CY2015Q3	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	174000	USD
CY2014Q3	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	225368	USD
	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	678405	USD
CY2015Q3	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	234475	USD
	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	697272	USD
	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit	200000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	520978	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	3758265	USD
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	15308201	USD
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	17289987	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	677273	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1249204	USD
CY2014Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2015Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2014Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued		shares
CY2015Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued		shares
CY2014Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding		shares
CY2015Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding		shares
CY2014Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2015Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2014Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	1904945	USD
CY2015Q3	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	1840219	USD
	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	1196	USD
	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	6833602	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2425949	USD
CY2015Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	4150655	USD
CY2015Q3	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
CY2015Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	27448868	USD
CY2014Q3	us-gaap	Revenues Revenues	27458493	USD
	us-gaap	Revenues Revenues	76087802	USD
CY2015Q3	us-gaap	Revenues Revenues	31423925	USD
	us-gaap	Revenues Revenues	92124519	USD
CY2014Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	564969	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1648007	USD
CY2015Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1107989	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	2878141	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	5501785	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	6287899	USD
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	306768	shares
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	310456	shares
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	3753088	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	3826458	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	74319224	USD
CY2015Q3	us-gaap	Stockholders Equity StockholdersEquity	108045471	USD
CY2014Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	1178620	USD
CY2015Q3	us-gaap	Taxes Payable Current TaxesPayableCurrent	0	USD
CY2014Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3280762	shares
CY2015Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3379200	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3260264	shares
CY2014Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3205904	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3190171	shares
CY2015Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3297337	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3268037	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 and C 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. Effective July 1, 2015, the annual rate for Class I shares is </font><font style="font-family:inherit;font-size:10pt;">0.21%</font><font style="font-family:inherit;font-size:10pt;">% and prior to July 1, 2015, the annual rate was </font><font style="font-family:inherit;font-size:10pt;">0.24%</font><font style="font-family:inherit;font-size:10pt;"> for Class I shares. 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 that 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 reimbursement for 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 nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September 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;">. 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;">September 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;">:</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 September 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;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">524,380,560</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">535,817,741</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 September 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;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,195,007</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">2,571,390</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;">325,730</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;">341,699</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;">3,334</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;">—</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;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,862,436</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">2,574,724</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;">September 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. 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

Name	View Source	Status
0000909108-15-000076-index-headers.html	Edgar Link	pending
0000909108-15-000076-index.html	Edgar Link	pending
0000909108-15-000076.txt	Edgar Link	pending
0000909108-15-000076-xbrl.zip	Edgar Link	pending
dhil-20150930.xml	Edgar Link	completed
dhil-20150930.xsd	Edgar Link	pending
dhil-20150930_cal.xml	Edgar Link	unprocessable
dhil-20150930_def.xml	Edgar Link	unprocessable
dhil-20150930_lab.xml	Edgar Link	unprocessable
dhil-20150930_pre.xml	Edgar Link	unprocessable
dhil-2015930x10q.htm	Edgar Link	pending
diamondhillinvgroup4ca01a05.jpg	Edgar Link	pending
ex-311x093015.htm	Edgar Link	pending
ex-312x093015.htm	Edgar Link	pending
ex-321x093015.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 Q4 Form 10-Q Financial Statement

#000090910815000076 Filed on October 28, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DHIL DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

2015 Q4 Form 10-Q Financial Statement

#000090910815000076 Filed on October 28, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil