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Noncontrolling Interests (Tables)
12 Months Ended
Dec. 31, 2019
Noncontrolling Interest [Abstract]  
Calculation of Noncontrolling Interests Attributable to Group A Units
The table below sets forth the calculation of noncontrolling interests related to the Group A Units for each Sculptor Operating Partnership (rounding differences may occur). The blended participation percentages presented below take into account ownership changes throughout the periods presented. In addition, the blended participation percentages in 2019 take into account the difference in methodology described above for the period prior to the Recapitalization Date compared to the period following the Recapitalization Date. For example, Sculptor Capital Advisors LP had net income in the period prior to the Recapitalization Date, and as a result, allocates a portion of its net income for the year ended December 31, 2019 to the Group A Units.
Year Ended December 31,
 201920182017
 (dollars in thousands)
Sculptor Capital LP
Net (loss)$(101,557) $(80,279) $(37,353) 
Blended participation percentage43 %57 %58 %
Net (Loss) Attributable to Group A Units$(43,612) $(45,833) $(21,765) 
Sculptor Capital Advisors LP
Net income$37,667  $17,379  $89,395  
Blended participation percentage18 %56 %59 %
Net Income Attributable to Group A Units$6,695  $9,670  $52,344  
Sculptor Capital Advisors II LP
Net income$56,953  $18,510  $170,668  
Blended participation percentage%56 %59 %
Net Income Attributable to Group A Units$—  $10,447  $100,151  
Total Sculptor Operating Group
Net (loss) income$(6,937) $(44,390) $222,710  
Blended participation percentagen/m  58 %59 %
Net (Loss) Income Attributable to Group A Units$(36,917) $(25,716) $130,730  
Components of Net Loss (Income) Attributable to Noncontrolling Interests
The following table presents the components of the net (loss) income attributable to noncontrolling interests:
Year Ended December 31,
 201920182017
(dollars in thousands) 
Group A Units$(36,917) $(25,716) $130,730  
Other733  807  900  
 $(36,184) $(24,909) $131,630  
Components of Shareholders' Equity Attributable to Noncontrolling Interests
The following table presents the components of the shareholders’ equity attributable to noncontrolling interests:
 December 31, 2019December 31, 2018
(dollars in thousands)
Group A Units$434,943  $415,928  
Other5,836  3,503  
 $440,779  $419,431  
Redeemable Noncontrolling Interests Roll Forward
The Preferred Units and fund investors’ interests in certain consolidated funds are redeemable outside of the Company’s control. These interests are classified within redeemable noncontrolling interests in the consolidated balance sheets. The following tables present the activity in redeemable noncontrolling interests:
Year Ended December 31,
201920182017
Funds  Preferred Units  Total  Funds  Preferred Units  Total  Funds  Preferred Units  Total  
(dollars in thousands) 
Beginning balance$157,660  $420,000  $577,660  $25,617  $420,000  $445,617  $21,621  $262,500  $284,121  
Fair value of Debt Securities exchanged for 2016 Preferred Units
—  (167,799) (167,799) —  —  —  —  —  —  
Fair value of 2019 Preferred Units exchanged for 2016 Preferred Units
—  (137,759) (137,759) —  —  —  —  —  —  
Issuance of 2019 Preferred Units, net of issuance costs
—  136,964  136,964  —  —  —  —  —  —  
Preferred Units issuance, net of issuance costs—  —  —  —  —  —  —  150,054  150,054  
Change in redemption value of Preferred Units
—  (101,406) (101,406) —  —  —  —  7,446  7,446  
Capital contributions
3,747  —  3,747  147,217  —  147,217  2,329  —  2,329  
Capital distributions(126,778) —  (126,778) (15,465) —  (15,465) —  —  —  
Funds deconsolidation(43,374) —  (43,374) —  —  —  —  —  —  
Comprehensive income8,745  —  8,745  291  —  291  1,667  —  1,667  
Ending Balance$—  $150,000  $150,000  $157,660  $420,000  $577,660  $25,617  $420,000  $445,617