Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash Flows from Operating Activities
Consolidated net loss	$ (53,025)	$ (8,981)
Adjustments to reconcile consolidated net loss to net cash provided by operating activities:
Amortization of equity-based compensation	24,729	37,223
Depreciation, amortization and net gains and losses on fixed assets	1,802	2,411
Net losses on early retirement of debt	523	5,458
Deferred income taxes	(11,195)	2,064
Non-cash lease expense	5,298	5,310
Net losses (gains) on investments, net of dividends	35,204	(2,064)
Operating cash flows due to changes in:
Income and fees receivable	171,613	9,400
Due from related parties	(2,458)	75
Other assets, net	4,439	(686)
Compensation payable	(164,961)	(80,690)
Unearned incentive income	1,569	2,371
Due to related parties	(16,716)	1,428
Operating lease liabilities	(6,261)	(2,383)
Other liabilities	(5,616)	(14,225)
Consolidated funds related items:
Net gains of consolidated funds	0	(3,746)
Purchases of investments	0	(49,598)
Proceeds from sale of investments	0	60,094
Other assets of consolidated funds	0	(1,541)
Other liabilities of consolidated funds	0	2,402
Net Cash Used in Operating Activities	(15,055)	(35,678)
Cash Flows from Investing Activities
Purchases of fixed assets	(394)	(287)
Purchases of United States government obligations	(89,489)	0
Maturities and sales of United States government obligations	50,632	11,800
Investments in funds	(7,852)	(14,631)
Return of investments in funds	288	30,345
Net Cash (Used in) Provided by Investing Activities	(46,815)	27,227
Cash Flows from Financing Activities
Contributions from noncontrolling and redeemable noncontrolling interests	1,490	2,134
Distributions to noncontrolling and redeemable noncontrolling interests	(285)	(15,897)
Dividends on Class A Shares	(11,613)	(4,703)
Proceeds from debt obligations, net of issuance costs	1,988	0
Repayment of debt obligations, including prepayment costs	(27,000)	(141,068)
Other, net	(789)	(1,886)
Net Cash Used in Financing Activities	(36,209)	(161,420)
Net change in cash and cash equivalents and restricted cash	(98,079)	(169,871)
Cash and Cash Equivalents and Restricted Cash, Beginning of Period	245,439	323,884
Cash and Cash Equivalents and Restricted Cash, End of Period	147,360	154,013
Cash paid during the period:
Interest	2,937	5,487
Income taxes	2,113	2,462
Reconciliation of cash and cash equivalents and restricted cash
Cash and Cash Equivalents, at Carrying Value	142,753	144,750
Restricted cash	$ 4,607	$ 9,263