Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents	$ 142,753	$ 240,938
Restricted cash	4,607	4,501
Investments (includes assets measured at fair value of $342,266 and $329,435, including assets sold under agreements to repurchase of $84,200 and $98,085 as of March 31, 2020 and December 31, 2019, respectively)	419,806	411,426
Income and fees receivable	43,782	215,395
Due from related parties	17,813	15,355
Deferred income tax assets	321,754	310,557
Operating lease assets	113,127	115,810
Other assets, net	79,262	82,608
Assets of consolidated funds:
Other assets of consolidated funds	649	649
Total Assets	1,143,553	1,397,239
Liabilities
Compensation payable	22,770	187,180
Unearned incentive income	62,366	60,798
Due to related parties	195,199	211,915
Operating lease liabilities	124,240	128,043
Debt obligations	263,777	286,728
Securities sold under agreements to repurchase	95,775	97,508
Other liabilities	53,614	59,217
Liabilities of consolidated funds:
Other liabilities of consolidated funds	389	389
Total Liabilities	818,130	1,031,778
Commitments and Contingencies
Redeemable Noncontrolling Interests	151,327	150,000
Shareholders’ Equity
Additional paid-in capital	130,968	117,936
Accumulated deficit	(383,187)	(343,759)
Shareholders’ deficit attributable to Class A Shareholders	(251,672)	(225,318)
Shareholders’ equity attributable to noncontrolling interests	425,768	440,779
Total Shareholders’ Equity	174,096	215,461
Total Liabilities, Redeemable Noncontrolling Interests and Shareholders’ Equity	1,143,553	1,397,239
Class A Shares
Shareholders’ Equity
Value of stock	$ 219	$ 213
Common stock, par value per share	$ 0.01	$ 0.01
Class B Shares
Shareholders’ Equity
Value of stock	$ 328	$ 292
Common stock, par value per share	$ 0.01	$ 0.01