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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues:    
Advisory and transaction fees from affiliates, net $ 116,065 $ 47,419
Management fees from affiliates 209,791 150,447
Carried interest income from affiliates 165,544 1,111,207
Total Revenues 491,400 1,309,073
Compensation and benefits:    
Equity-based compensation 58,978 45,286
Salary, bonus and benefits 80,530 73,396
Profit sharing expense 103,959 [1] 423,620
Total Compensation and Benefits 243,467 542,302
Interest expense 3,114 7,518
Professional fees 19,452 16,060
General, administrative and other 24,678 22,941
Placement fees 1,786 9,358
Occupancy 9,903 9,805
Depreciation and amortization 11,719 14,618
Total Expenses 314,119 622,602
Other Income:    
Net gains from investment activities 223,408 52,133
Net gains from investment activities of consolidated variable interest entities 47,735 47,861
Income from equity method investments 22,910 27,790
Interest income 3,328 3,091
Other income, net 17,531 1,298
Total Other Income 314,912 132,173
Income before income tax provision 492,193 818,644
Income tax provision (32,549) (18,579)
Net Income 459,644 800,065
Net income attributable to Non-controlling Interests (387,475) (551,087)
Net (Loss) Income per Class A Share:    
Net Income Per Class A Share - Basic (USD per share) $ 0.32 $ 1.60
Net Income Per Class A Share - Diluted (USD per share) $ 0.32 [2] $ 1.59 [2]
Weighted Average Number of Class A Shares - Basic (in shares) 147,776,519 131,249,034
Weighted Average Number of Class A Shares - Diluted (in shares) 147,776,519 136,019,801
Apollo Global Management, LLC
   
Compensation and benefits:    
Equity-based compensation 58,505 34,581
Other Income:    
Income tax provision (32,549) (18,579)
Net income attributable to Non-controlling Interests (155,100) (485,246)
Net Income Attributable to Apollo Global Management, LLC $ 72,169 $ 248,978
[1] Includes both of the following: i) changes in amounts payable to employees and former employees entitled to a share of carried interest income in Apollo's funds and ii) changes to the fair value of the contingent consideration obligations (see notes 5 and 14) recognized in connection with certain Apollo acquisitions.
[2] For the three months ended March 31, 2014, the Company had an undistributed loss attributable to Class A shareholders and as such there was no dilution. For the three months ended March 31, 2014, AOG Units, RSUs, share options and participating securities were anti-dilutive and were accordingly excluded from the diluted earnings per share calculation. For the three months ended March 31, 2013, AOG units and participating securities were determined to be anti-dilutive and were accordingly excluded from the diluted earnings per share calculation.