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SEGMENT REPORTING (Reconciliation of Income Before Taxes) (Details) - USD ($)
$ in Thousands
3 Months Ended 8 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2014
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Economic net income                        
Income (loss) before provision for income taxes $ 136,943 $ 88,424 $ 115,080 $ (190,588) $ 98,463 $ 125,425 $ 83,006 $ (8,974)   $ 149,859 $ 297,920 $ 81,484
Adjustments:                        
Depreciation expense                   12,600 8,200 6,900
Equity compensation expense                 $ 32,244 69,711 39,065  
Performance Fees                        
Total investment (income) loss - realized                   (29,917) (50,414) (25,638)
Fee related earnings                        
Income tax expense                   23,052 (11,019) (19,064)
Operating segment                        
Economic net income                        
Income (loss) before provision for income taxes                   149,859 297,920 81,484
Adjustments:                        
Amortization of intangibles                   17,850 26,638 46,227
Depreciation expense                   12,631 8,215 6,942
Equity compensation expense                   69,711 39,065 32,244
Acquisition and merger-related expenses                   259,899 (16,902) 34,864
Placement fees and underwriting costs                   19,765 6,424 8,825
Offering costs                   688 0 0
Other non-cash expense                   (1,730) (1,728) 110
Economic net income                   644,580 536,727 360,165
Total performance fees income - unrealized                   (325,915) (228,472) (31,647)
Total performance fee compensation - unrealized                   237,392 189,582 46,492
Total investment (income) loss - unrealized                   (44,992) (19,976) 27,414
Realized income                   511,065 477,861 402,424
Performance Fees                        
Total performance fees income - realized                   (317,787) (292,998) (121,948)
Total performance fee compensation - realized                   242,330 198,264 65,191
Fee related earnings                        
Performance fees—realized                   317,787 292,998 121,948
Performance fee compensation—realized                   (242,330) (198,264) (65,191)
Investment and other income realized, net                   29,913 50,415 25,638
Dividend equivalent                   (12,427) (4,181) (2,688)
One-time acquisition costs                   (118) (457) (1,553)
Income tax expense                   (1,677) (3,199) (1,462)
Non-cash items                   720 870 (758)
Placement fees and underwriting costs, noncorporate                   (16,324) (6,431) (8,817)
Depreciation and amortization                   (5,576) (3,916) (3,918)
Distributable earnings                   475,659 460,548 383,228
Less: fee related earnings                   405,691 332,713 320,029
Performance related earnings                   238,889 204,014 40,136
OMG                        
Adjustments:                        
OMG expenses, net                   176,873 179,744 143,787
Economic net income                   (176,873) (179,744) (143,787)
Total investment (income) loss - unrealized                   (8,627) 2,197 (52)
Realized income                   (185,625) (177,533) (143,839)
Performance Fees                        
Total performance fees income - realized                   0 0 0
Total performance fee compensation - realized                   0 0 0
Total investment (income) loss - realized                   11,828 (19,381) (750)
Fee related earnings                        
Distributable earnings                   (204,024) (196,242) (152,639)
Less: fee related earnings                   (188,701) (160,363) (143,037)
Performance related earnings                   11,828 (19,381) (750)
Reconciling items                        
Adjustments:                        
Amortization of intangibles                   17,850 26,638 46,227
Depreciation expense                   12,631 8,215 6,942
Equity compensation expense                   69,711 39,065 32,244
Acquisition and merger-related expenses                   280,055 773 40,482
Placement fees and underwriting costs                   19,765 6,424 8,825
Offering costs                   688 0 0
Other non-cash expense                   (1,730) (1,728) 110
Total consolidation adjustments and reconciling items                   494,721 238,807 278,681
Consolidated Funds                        
Adjustments:                        
Less: Net income attributable to non-controlling interests                   60,818 3,386 (5,686)
Fee related earnings                        
Income tax expense                   (1,887) 737 (4)
Consolidated Funds | Operating segment                        
Adjustments:                        
Less: Net income attributable to non-controlling interests                   (62,705) (2,649) 5,682
Subsidiaries | Operating segment                        
Adjustments:                        
Less: Net income attributable to non-controlling interests                   $ 1,739 $ 0 $ 0