DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value and Notional Amounts of Derivative Contracts by Major Product Type on a Gross Basis

The following tables identify the fair value and notional amounts of derivative contracts by major product type on a gross basis for the Company and the Consolidated Funds:

	As of September 30, 2021								As of December 31, 2020
	Assets				Liabilities				Assets				Liabilities
The Company	Notional(1)		Fair Value		Notional(1)		Fair Value		Notional(1)		Fair Value		Notional(1)		Fair Value
Foreign exchange contracts	$	81,008	$	4,352	$	9,868	$	265	$	30,040	$	1,440	$	39,362	$	1,565
Interest rate contracts	18,455		9		—		—		—		—		—		—
Total derivatives, at fair value(2)	$	99,463	$	4,361	$	9,868	$	265	$	30,040	$	1,440	$	39,362	$	1,565

	As of September 30, 2021								As of December 31, 2020
	Assets				Liabilities				Assets				Liabilities
Consolidated Funds	Notional(1)		Fair Value		Notional(1)		Fair Value		Notional(1)		Fair Value		Notional(1)		Fair Value
Warrants	$	—	$	—	$	230,000	$	17,000	$	—	$	—	$	—	$	—
Asset swap - other	44,521		325		39,701		1,513		7,600		1,104		540		44
Total derivatives, at fair value(3)	$	44,521	$	325	$	269,701	$	18,513	$	7,600	$	1,104	$	540	$	44

(1)Represents the total contractual amount of derivative assets and liabilities outstanding.

(2)As of September 30, 2021 and December 31, 2020, the Company had the right to, but elected not to, offset $0.3 million and $1.6 million of its derivative liabilities.

(3)As of September 30, 2021 and December 31, 2020, the Consolidated Funds offset $0.3 million and $0.4 million of their derivative assets and liabilities, respectively.