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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of carrying value for the Company's intangible assets
The following table summarizes the carrying value for the Company's intangible assets:
 
Weighted Average Amortization Period as of
 
As of December 31,
 
December 31, 2017
 
2017
 
2016
Management contracts
2.0 years
 
$
67,306

 
$
111,939

Client relationships
10.5 years
 
38,600

 
38,600

Trade name
4.5 years
 
3,200

 
3,200

Intangible assets, gross
 
 
109,106


153,739

Foreign currency translation
 
 

 
(3,205
)
Total intangible assets acquired
 
 
109,106


150,534

Less: accumulated amortization
 
 
(68,641
)
 
(92,219
)
Intangible assets, net
 
 
$
40,465


$
58,315

Schedule of estimated future annual amortization of finite-lived intangible assets
At December 31, 2017, future annual amortization of finite-lived intangible assets for the years 2018 through 2022 and thereafter is estimated to be:
Year
Amortization
2018
$
9,031

2019
4,458

2020
4,071

2021
3,987

2022
3,192

Thereafter
15,726

Total
$
40,465

Schedule of goodwill rollforward
The following table summarizes the carrying value of the Company's goodwill assets:
 
Credit
 
Private
Equity
 
Real
Estate
 
Total
Balance as of December 31, 2015
$
32,196

 
$
58,600

 
$
53,271

 
$
144,067

Foreign currency translation

 

 
(343
)
 
(343
)
Balance as of December 31, 2016
32,196


58,600


52,928


143,724

Foreign currency translation

 

 
171

 
171

Balance as of December 31, 2017
$
32,196

 
$
58,600

 
$
53,099

 
$
143,895