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SEGMENT REPORTING (Reconciliation of Income Before Taxes) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Economic net income        
Income before taxes $ 159,641 $ 103,576 $ 104,325 $ 323,919
Adjustments:        
Equity compensation expense 30,336 22,393 91,576 73,974
Non-cash unrealized guarantee expense 9,500   9,500  
Consolidated Funds        
Adjustments:        
(Income) loss before taxes of non-controlling interests in Consolidated Funds, net of eliminations 42,627 15,908 (38,593) 41,878
Total investment income - realized (116,581) (107,922) (346,120) (303,312)
Operating segment        
Economic net income        
Income before taxes 159,641 103,576 104,325 323,919
Adjustments:        
Depreciation and amortization expense 14,336 24,564 26,197 35,609
Equity compensation expense 30,336 22,393 91,576 73,974
Transaction support expense 3,490 4,777 9,815 10,757
Deferred placement fees 2,942 4,366 18,677 17,319
Other (income) expense, net 9,518 (461) 9,518 (460)
Total performance (income) loss-unrealized (52,488) (181,174) 77,866 (426,411)
Total performance related compensation - unrealized 24,818 137,174 (61,010) 311,936
Total investment (income) loss-unrealized 89 (1,094) 73,039 (9,309)
Realized income 208,122 154,419 575,142 461,320
Total performance income - realized (123,265) (7,314) (319,660) (111,881)
Total performance related compensation - realized 97,538 2,042 252,575 76,488
Total investment income - realized (14,494) (7,007) (39,372) (28,332)
Fee related earnings 167,901 142,140 468,685 397,595
Operating segment | Consolidated Funds        
Adjustments:        
(Income) loss before taxes of non-controlling interests in Consolidated Funds, net of eliminations (42,744) (16,054) 38,446 (41,178)
OMG        
Adjustments:        
OMG expense, net 59,250 55,553 171,012 162,556
Realized income 61,714 56,012 179,341 163,970
Total performance income - realized 0 0 0 0
Total performance related compensation - realized 0 0 0 0
Total investment income - realized 644 546 7,548 1,343
Fee related earnings (61,070) (55,466) (171,793) (162,627)
Subsidiaries | Operating segment        
Adjustments:        
(Income) loss before taxes of non-controlling interests in Consolidated Funds, net of eliminations $ (1,066) $ 799 $ 15,681 $ 2,608