Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash Flows from Operating Activities
Consolidated net loss	$ (118,138)	$ (22,953)
Adjustments to reconcile consolidated net loss to net cash provided by operating activities:
Amortization of equity-based compensation	42,370	74,318
Depreciation, amortization and net gains and losses on fixed assets	3,606	4,775
Net losses on early retirement of debt	693	6,053
Deferred income taxes	(30,726)	10,373
Non-cash lease expense	10,656	10,618
Net losses (gains) on investments, net of dividends	6,565	(4,843)
Operating cash flows due to changes in:
Income and fees receivable	142,291	31,498
Due from related parties	(5,080)	2,013
Other assets, net	6,391	779
Compensation payable	(143,037)	(63,288)
Unearned incentive income	3,810	4,911
Due to related parties	(17,397)	(4,491)
Operating lease liabilities	(11,900)	(7,513)
Other liabilities	110,572	(19,886)
Consolidated funds related items:
Net gains of consolidated funds	0	(4,228)
Purchases of investments	0	(99,407)
Proceeds from sale of investments	0	176,284
Other assets of consolidated funds	0	(57,639)
Other liabilities of consolidated funds	19	5,695
Net Cash Provided by Operating Activities	695	43,069
Cash Flows from Investing Activities
Purchases of fixed assets	(984)	(720)
Purchases of United States government obligations	224,525	161,066
Maturities and sales of United States government obligations	165,218	175,029
Investments in funds	(11,620)	(59,210)
Return of investments in funds	4,202	35,756
Net Cash Used in Investing Activities	(67,709)	(10,211)
Cash Flows from Financing Activities
Contributions from noncontrolling and redeemable noncontrolling interests	3,549	4,263
Distributions to noncontrolling and redeemable noncontrolling interests	(3,248)	(16,462)
Dividends on Class A Shares	(11,613)	(12,324)
Proceeds from debt obligations, net of issuance costs	2,746	0
Repayment of debt obligations, including prepayment costs	(36,667)	(166,068)
Proceeds from securities sold under agreements to repurchase, net of issuance costs	0	16,328
Other, net	(952)	(2,329)
Net Cash Used in Financing Activities	(46,185)	(176,592)
Net change in cash and cash equivalents and restricted cash	(113,199)	(143,734)
Cash and Cash Equivalents and Restricted Cash, Beginning of Period	245,439	323,884
Cash and Cash Equivalents and Restricted Cash, End of Period	132,240	180,150
Cash paid during the period:
Interest	7,099	7,696
Income taxes	4,771	3,373
Non-cash transactions:
Increase in paid-in capital as a result of tax receivable agreement amendment	0	50,318
Reconciliation of cash and cash equivalents and restricted cash
Cash and Cash Equivalents, at Carrying Value	127,702	174,743
Restricted cash	$ 4,538	$ 5,407