Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2011

Fair Value Measurements

Categorization Of Investments And Certain Other Assets And Liabilities Measured At Fair Value On Recurring Basis

	June 30, 2011
	Level 1		Level 2		Level 3		Total
Assets:
Investments:
Debt:
U.S. Government and agencies	$	31,889	$	–	$	–	$	31,889
Fixed income funds		3,157		37,246		–		40,403
Corporate and other debt		19,208		–		–		19,208
Equities		88,896		21,603		135		110,634
Other (excluding equity method investments):
Interest in LAM alternative asset management funds		–		39,360		–		39,360
Private equity		–		–		174,704		174,704
Derivatives		–		2,328		–		2,328
Total Assets	$	143,150	$	100,537	$	174,839	$	418,526
Liabilities:
Securities sold, not yet purchased	$	1,262	$	–	$	–	$	1,262
Derivatives		–		2,200		–		2,200
Total Liabilities	$	1,262	$	2,200	$	–	$	3,462

	December 31, 2010
	Level 1		Level 2		Level 3		Total
Assets:
Investments:
Debt:
U.S. Government and agencies	$	31,900	$	–	$	–	$	31,900
Fixed income funds		–		33,951		–		33,951
Corporate and other debt		21,939		–		–		21,939
Equities		66,269		21,852		316		88,437
Other (excluding equity method investments):
Interest in LAM alternative asset management funds		–		58,656		–		58,656
Private equity		–		–		163,482		163,482
Derivatives		–		1,874		–		1,874
Total Assets	$	120,108	$	116,333	$	163,798	$	400,239
Liabilities:
Securities sold, not yet purchased	$	2,897	$	–	$	–	$	2,897
Derivatives		–		3,230		–		3,230
Total Liabilities	$	2,897	$	3,230	$	–	$	6,127

Summary Of Changes In Fair Value Of The Company's Level 3 Assets

	Three Months Ended June 30, 2011
	Beginning Balance		Net  Unrealized/ Realized Gains (Losses) Included In Revenue- Other		Purchases/ Acquisitions		Sales/ Dispositions			Foreign Currency Translation Adjustments		Ending Balance
Investments:
Equities	$	129	$	3	$	–	$	–		$	3	$	135
Private equity		171,487		3,545		922		(2,052	)		802		174,704
Total Level 3 Assets	$	171,616	$	3,548	$	922	$	(2,052	)	$	805	$	174,839

	Six Months Ended June 30, 2011
	Beginning Balance		Net  Unrealized/ Realized Gains (Losses) Included In Revenue- Other			Purchases/ Acquisitions		Sales/ Dispositions			Foreign Currency Translation Adjustments			Ending Balance
Investments:
Equities	$	316	$	3		$	–	$	(195	)		$     11		$	135
Private equity		163,482		3,824			13,075		(9,160	)		3,483			174,704
Total Level 3 Assets	$	163,798	$	3,827		$	13,075	$	(9,355	)		$3,494		$	174,839
	Three Months Ended June 30, 2010
	Beginning Balance		Net  Unrealized/ Realized Gains (Losses) Included In Revenue-Other			Purchases/ Acquisitions		Sales/ Dispositions			Foreign Currency Translation Adjustments			Ending Balance
Investments:
Equities	$	298	$	(4	)		$       5	$	–			$        –		$	299
Private equity		136,264		1,535			5,554		(1,190	)		(3,754	)		138,409
Total Level 3 Assets	$	136,562	$	1,531			$5,559	$	(1,190	)		$(3,754	)	$	138,708
	Six Months Ended June 30, 2010
	Beginning Balance		Net  Unrealized/ Realized Gains (Losses) Included In Revenue-Other			Purchases/ Acquisitions		Sales/ Dispositions			Foreign Currency Translation Adjustments			Ending Balance
Investments:
Equities	$	305	$	(12	)		$       6	$	–			$        –		$	299
Private equity		135,914		4,753			5,554		(1,193	)		(6,619	)		138,409
Total Level 3 Assets	$	136,219	$	4,741			$5,560	$	(1,193	)		$(6,619	)	$	138,708