REVENUES (Tables)

9 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

Revenue Disaggregated by Fund Structure

by fund structure and sub-advisory fees are set forth below.

	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Management Fees
Closed-end	$	765	$	120,462	$	1,404	$	345,091
Open-end	2,553		29,990		6,808		90,480
Evergreen	—		29,309		—		89,227
Sub-advisory fees	42,148		—		130,066		—
Total	$	45,466	$	179,761	$	138,278	$	524,798
	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Incentive Income
Closed-end and Evergreen	$	116	$	25,429	$	43,532	$	260,290

Contract Balances

The table below sets forth contract balances for the periods indicated:

	As of
	September 30, 2020		December 31, 2019
Receivables	$	59,184	$	65,346
Contract assets (1)	—		73,907
Contract liabilities	(100)		—

(1)    The changes in the balances primarily related to accruals, net of payments received.