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NET GAINS (LOSSES) FROM INVESTMENT ACTIVITIES
9 Months Ended
Sep. 30, 2020
Investments, Debt and Equity Securities [Abstract]  
NET GAINS (LOSSES) FROM INVESTMENT ACTIVITIES NET GAINS (LOSSES) FROM INVESTMENT ACTIVITIES
Net Gains (Losses) from Investment Activities in the consolidated statements of operations consist primarily of the realized and unrealized gains and losses on investments (including foreign exchange gains and losses attributable to foreign denominated investments and related activities) and other financial instruments, including those for which the fair value option has been elected. Unrealized gains or losses result from changes in the fair value of these investments and other financial instruments during a period. Upon disposition of an investment or financial instrument, previously recognized unrealized gains or losses are reversed and an offsetting realized gain or loss is recognized in the current period.
The following table summarizes total Net Gains (Losses) from Investment Activities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
September 30, 2020
 
Three Months Ended
September 30, 2019
 
Net Realized Gains (Losses)
 
Net Unrealized Gains (Losses)
 
Total
 
Net Realized Gains (Losses)
 
Net Unrealized Gains (Losses)
 
Total
Private Equity (1)
$
660,216

 
$
930,918

 
$
1,591,134

 
$
84,903

 
$
(30,416
)
 
$
54,487

Credit (1)
(70,391
)
 
385,850

 
315,459

 
27,297

 
(203,735
)
 
(176,438
)
Investments of Consolidated CFEs (1)
(33,373
)
 
425,660

 
392,287

 
(6,874
)
 
(94,137
)
 
(101,011
)
Real Assets (1)
(22,040
)
 
273,639

 
251,599

 
25,760

 
(123,618
)
 
(97,858
)
Equity Method - Other (1)
(20,899
)
 
456,563

 
435,664

 
(2,905
)
 
126,165

 
123,260

Other Investments (1)
(13,630
)
 
71,438

 
57,808

 
84,086

 
(158,591
)
 
(74,505
)
Foreign Exchange Forward Contracts
and Options (2)
15,281

 
(295,687
)
 
(280,406
)
 
29,935

 
166,813

 
196,748

Securities Sold Short (2)
34,461

 
(119,780
)
 
(85,319
)
 
(10,465
)
 
28,751

 
18,286

Other Derivatives (2)
(10,291
)
 
(46,522
)
 
(56,813
)
 

 
(12,572
)
 
(12,572
)
Debt Obligations and Other (3)
9,233

 
(346,044
)
 
(336,811
)
 
(28,575
)
 
93,588

 
65,013

Net Gains (Losses) From Investment Activities
$
548,567

 
$
1,736,035

 
$
2,284,602

 
$
203,162

 
$
(207,752
)
 
$
(4,590
)
 
 
Nine Months Ended
September 30, 2020
 
Nine Months Ended
September 30, 2019
 
Net Realized Gains (Losses)
 
Net Unrealized Gains (Losses)
 
Total
 
Net Realized Gains (Losses)
 
Net Unrealized Gains (Losses)
 
Total
Private Equity (1)
$
721,009

 
$
735,245

 
$
1,456,254

 
$
177,969

 
$
1,827,599

 
$
2,005,568

Credit (1)
(118,851
)
 
(422,537
)
 
(541,388
)
 
(44,653
)
 
(165,143
)
 
(209,796
)
Investments of Consolidated CFEs (1)
(127,175
)
 
(424,918
)
 
(552,093
)
 
(20,545
)
 
203,141

 
182,596

Real Assets (1)
36,027

 
(257,589
)
 
(221,562
)
 
72,404

 
(53,622
)
 
18,782

Equity Method - Other (1)
(166,178
)
 
410,371

 
244,193

 
64,445

 
368,510

 
432,955

Other Investments (1)
(267,166
)
 
(330,621
)
 
(597,787
)
 
75,567

 
(221,603
)
 
(146,036
)
Foreign Exchange Forward Contracts and Options (2)
134,427

 
(196,095
)
 
(61,668
)
 
74,996

 
219,825

 
294,821

Securities Sold Short (2)
60,502

 
(168,220
)
 
(107,718
)
 
34,087

 
(36,065
)
 
(1,978
)
Other Derivatives (2)
(9,481
)
 
(91,044
)
 
(100,525
)
 
1,465

 
(35,179
)
 
(33,714
)
Debt Obligations and Other (3)
18,264

 
284,997

 
303,261

 
(28,615
)
 
(277,310
)
 
(305,925
)
Net Gains (Losses) From Investment Activities
$
281,378

 
$
(460,411
)
 
$
(179,033
)
 
$
407,120

 
$
1,830,153

 
$
2,237,273


(1)
See Note 4 "Investments."
(2)
See Note 8 "Other Assets and Accounts Payable, Accrued Expenses and Other Liabilities."
(3)
See Note 10 "Debt Obligations."