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SEGMENT REPORTING (Reconciliation of Income Before Taxes) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Economic net income    
Income (loss) before taxes $ (296,413) $ 135,960
Adjustments:    
Equity compensation expense 32,557 27,552
Consolidated Funds    
Adjustments:    
Income (loss) before taxes of non-controlling interests in Consolidated Funds, net of eliminations (166,406) 17,624
Total investment income - realized (113,225) (93,184)
Operating segment    
Economic net income    
Income (loss) before taxes (296,413) 135,960
Adjustments:    
Depreciation and amortization expense 5,542 5,824
Equity compensation expense 32,557 27,552
Transaction support expense 3,137 1,773
Deferred placement fees 5,415 521
Other expense 0 (1)
Total performance (income) loss - unrealized 387,657 (146,575)
Total performance related compensation - unrealized (285,892) 107,303
Total investment (income) loss - unrealized 100,633 (11,205)
Realized income 198,383 158,306
Total performance income - realized (151,770) (68,573)
Total performance related compensation - realized 117,993 49,217
Total investment income - realized (13,771) (14,385)
Fee related earnings 150,835 124,565
Operating segment | Consolidated Funds    
Adjustments:    
Income (loss) before taxes of non-controlling interests in Consolidated Funds, net of eliminations 166,378 (17,045)
OMG    
Adjustments:    
OMG expense, net 58,872 53,323
Realized income 64,238 53,674
Total performance income - realized 0 0
Total performance related compensation - realized 0 0
Total investment income - realized 6,507 381
Fee related earnings (57,731) (53,293)
Subsidiaries | Operating segment    
Adjustments:    
Income (loss) before taxes of non-controlling interests in Consolidated Funds, net of eliminations $ 20,497 $ 876