INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2018

Income Tax Disclosure [Abstract]

Schedule of provision for income taxes

Supplemental information on an unaudited pro forma basis, as if the Company's election to be treated as a corporation for U.S. federal income tax purposes was effective for the three and six months ended June 30, 2017 is as follows:

	Three Months Ended June 30,
					2017
	2018		2017		Pro forma
Provision for Income Taxes - The Company
Income tax expense of the Company	$	36,834	$	857	$	18,815
Provision for Income Taxes - Consolidated Funds
Income tax expense of the Consolidated Funds	69		396		396
Total Provision for Income Taxes	$	36,903	$	1,253	$	19,211

	Six Months Ended June 30,
						2017
	2018		2017			Pro forma
Provision for Income Taxes - The Company
Income tax expense (benefit) of the Company	$	24,459	$	(33,875	)	$	(9,528	)
Provision for Income Taxes - Consolidated Funds
Income tax expense of the Consolidated Funds	69		864			864
Total Provision for Income Taxes	$	24,528	$	(33,011	)	$	(8,664	)