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CONDENDSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities:    
Net Income (Loss) $ (608,659) $ 1,178,822
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Equity-based compensation 161,268 132,404
Depreciation and amortization 13,058 11,442
Unrealized (gains) losses from investment activities 839,902 (39,250)
Principal investment (income) loss 25,506 (99,020)
Performance allocations 350,483 (682,462)
Change in fair value of contingent obligations 3,629 23,740
Loss from change in tax receivable agreement liability 0 38,575
Deferred taxes, net (114,399) (207,630)
Net loss related to cash flow hedge instruments 0 (1,974)
Non-cash lease expense 32,991 34,592
Other non-cash amounts included in net income (loss), net (6,550) (24,686)
Cash flows due to changes in operating assets and liabilities:    
Incentive fees receivable 1,386 3,699
Due from related parties (65,856) (64,891)
Accounts payable and accrued expenses 49,300 25,942
Accrued compensation and benefits 155,865 92,578
Deferred revenue 38,805 69,395
Due to related parties 1,601 56
Profit sharing payable (82,695) 219,564
Lease liability (16,784) (24,266)
Other assets and other liabilities, net (57,898) (62,247)
Cash distributions of earnings from principal investments 16,538 34,311
Cash distributions of earnings from performance allocations 220,948 193,833
Satisfaction of contingent obligations (12,870) (1,827)
Apollo Fund and VIE related:    
Net Cash Provided by Operating Activities 1,514,716 835,012
Cash Flows from Investing Activities:    
Purchases of fixed assets (48,084) (18,600)
Acquisitions 48,518 0
Proceeds from sale of investments 21,855 2,810
Purchase of investments (528,462) (15,048)
Purchase of U.S. Treasury securities (1,056,827) (541,530)
Proceeds from maturities of U.S. Treasury securities 1,598,357 390,336
Cash contributions to equity method investments (194,374) (116,498)
Cash distributions from equity method investments 141,684 47,869
Issuance of related party loans (315) (1,775)
Repayment of related party loans 9,040 0
Other investing activities 1,141 144
Net Cash Used in Investing Activities (7,467) (252,292)
Cash Flows from Financing Activities:    
Principal repayments of debt (16,990) (29)
Dividends to Preferred Stockholders (27,492) (27,492)
Issuance of debt 518,756 1,005,964
Satisfaction of tax receivable agreement (48,195) (37,234)
Repurchase of Class A Common Stock (91,617) (110,726)
Payments related to deliveries of Class A Common Stock for RSUs (91,913) (48,753)
Dividends paid (428,721) (319,425)
Distributions paid to Non-Controlling Interests in Apollo Operating Group (384,274) (374,619)
Issuance of related party loans (28,280) 0
Repayment of related party loans 28,280 0
Other financing activities (9,890) (18,401)
Apollo Fund and VIE related:    
Principal repayment of debt (16,990) (29)
Net Cash Provided by (Used in) Financing Activities (466,690) 58,798
Net Increase (Decrease) in Cash and Cash Equivalents, Restricted Cash and Cash Held at Consolidated Variable Interest Entities 1,040,559 641,518
Cash and Cash Equivalents, Restricted Cash and Cash Held at Consolidated Variable Interest Entities, Beginning of Period 1,621,310 662,875
Cash and Cash Equivalents, Restricted Cash and Cash Held at Consolidated Variable Interest Entities, End of Period 2,661,869 1,304,393
Supplemental Disclosure of Cash Flow Information:    
Interest paid 88,953 54,584
Interest paid by consolidated variable interest entities 134,460 10,602
Income taxes paid 28,107 42,253
Supplemental Disclosure of Non-Cash Investing Activities:    
Non-cash distributions from principal investments (4,678) (1,098)
Non-cash purchases of other investments, at fair value 1,153,316 0
Non-cash loss on Athene equity swap (61,261) 0
Acquisition of goodwill 663 0
Contingent consideration (6,208) 0
Supplemental Disclosure of Non-Cash Financing Activities:    
Capital increases related to equity-based compensation 133,850 102,189
Issuance of restricted shares 28,991 5,690
Non-cash issuance of AOG units to Athene 1,214,577 0
Other non-cash financing activities 8,286 (8)
Non-cash distributions paid to Non-Controlling Interests in consolidated variable interest entities (515,558) 0
Net Assets Transferred from Consolidated Variable Interest Entity:    
Investments, at fair value 9,061,907 0
Other assets 130,907 0
Debt, at fair value (7,344,884) 0
Other liabilities (967,575) 0
Non-Controlling interest in consolidated entities related to acquisition (1,382,509) 0
Adjustments related to exchange of Apollo Operating Group units:    
Deferred tax assets 76,580 168,058
Due to related parties (62,531) (39,092)
Additional paid in capital (14,049) (16,658)
Non-Controlling Interest in Apollo Operating Group 16,967 95,806
Reconciliation of Cash and Cash Equivalents, Restricted Cash and Cash and Cash Equivalents Held at Consolidated Variable Interest Entities to the Consolidated Statements of Financial Condition:    
Total Cash and Cash Equivalents, Restricted Cash and Cash and Cash Equivalents Held at Consolidated Variable Interest Entities 2,661,869 1,304,393
Consolidated Variable Interest Entities    
Apollo Fund and VIE related:    
Net realized and unrealized (gains) losses from investing activities and debt 154,613 (22,568)
Cash transferred from consolidated VIEs 502,153 0
Purchases of investments (1,557,686) (309,262)
Proceeds from sale of investments 1,691,247 301,591
Changes in other assets and other liabilities, net (221,180) 14,551
Cash Flows from Financing Activities:    
Principal repayments of debt (828,975) 0
Issuance of debt 830,838 0
Apollo Fund and VIE related:    
Principal repayment of debt (828,975) 0
Issuances of debt within other liabilities of consolidated VIEs 68,819 0
Distributions paid to Non-Controlling Interests in consolidated entities (146,867) (11,347)
Contributions from Non-Controlling Interests in consolidated entities $ 189,831 $ 860