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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Carrying Value for the Company's Intangible Assets
The following table summarizes the carrying value, net of accumulated amortization, of the Company's intangible assets:
Weighted Average Amortization Period as of December 31, 2021 In YearsAs of December 31,
20212020
Management contracts6.3$641,737 $210,857 
Client relationships10.9229,501 25,141 
Trade name8.411,079 11,079 
Finite-lived intangible assets882,317 247,077 
Foreign currency translation1,792 3,093 
Total finite-lived intangible assets884,109 250,170 
Less: accumulated amortization(115,791)(28,082)
Finite-lived intangible assets, net768,318 222,088 
Management contracts567,800 — 
Trade name86,200 — 
Other500  
Indefinite-lived intangible assets654,500  
Intangible assets, net$1,422,818 $222,088 
Schedule of Estimated Future Annual Amortization of Finite-lived Intangible Assets
At December 31, 2021, future annual amortization of finite-lived intangible assets for the years 2022 through 2026 and thereafter is estimated to be:
YearAmortization
2022$122,051 
2023118,574 
2024111,905 
2025103,714 
202676,918 
Thereafter235,156 
Total$768,318 
Schedule of Goodwill Rollforward
The following table summarizes the carrying value of goodwill that is presented within other assets in the Consolidated Statements of Financial Condition:
Credit GroupPrivate
Equity Group
Real
Estate Group
Secondary Solutions Group
Strategic Initiatives
Total
Balance as of December 31, 2019$32,196 $58,600 $53,059 $ $ $143,855 
Acquisitions— — —  224,601 224,601 
Foreign currency translation— — 61  2,530 2,591 
Balance as of December 31, 2020$32,196 $58,600 $53,120 $ $227,131 $371,047 
Acquisitions— — — 417,753 — 417,753 
Foreign currency translation— — 219 (15)(1,032)(828)
Balance as of December 31, 2021$32,196 $58,600 $53,339 $417,738 $226,099 $787,972