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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Revenues    
Total revenues $ 135,509 $ 78,995
Consolidated variable interest entities related:    
Total revenues 135,509 78,995
Expenses    
Compensation and benefits 52,194 26,732
Consolidated variable interest entities related:    
Total expenses 72,984 43,245
Other income (expense)    
Equity in (loss) income of investees (625) 20,049
Interest income 168 423
Non-operating income 4,343 3,603
Consolidated variable interest entities related:    
Unrealized income (loss) 4,344 3,455
Total other income (expense) 5,089 20,895
Income before income taxes 67,614 56,645
Income tax expense 11,488 11,964
Net income 56,126 44,681
Net income attributable to Hamilton Lane Incorporated 33,484 28,168
Class A Common Stock    
Consolidated variable interest entities related:    
Net income attributable to Hamilton Lane Incorporated $ 33,484 $ 28,168
Basic earnings per share of Class A common stock (in dollars per share) $ 0.92 $ 0.78
Diluted earnings per share of Class A common stock (in dollars per share) 0.91 0.78
Dividends declared per share of Class A common stock (in dollars per share) $ 0.40 $ 0.35
Consolidated Entity Excluding Variable Interest Entities (VIE)    
Expenses    
General, administrative and other $ 20,513 $ 16,154
Consolidated variable interest entities related:    
General, administrative and other 20,513 16,154
Other income (expense)    
Interest expense (1,495) (1,165)
Primary Beneficiary    
Expenses    
General, administrative and other 277 359
Consolidated variable interest entities related:    
General, administrative and other 277 359
Consolidated variable interest entities related:    
Equity in income of investees 732 229
Unrealized income (loss) 1,966 (2,244)
General Partnerships    
Consolidated variable interest entities related:    
Less: (loss) Income attributable to non-controlling interests 308 213
Hamilton Lane Advisors, L.L.C.    
Consolidated variable interest entities related:    
Less: (loss) Income attributable to non-controlling interests 20,168 19,296
Hamilton Lane Alliance Holdings I, Inc.    
Consolidated variable interest entities related:    
Less: (loss) Income attributable to non-controlling interests 2,166 (2,996)
Management and advisory fees    
Revenues    
Total revenues 85,946 73,884
Consolidated variable interest entities related:    
Total revenues 85,946 73,884
Incentive fees    
Revenues    
Total revenues 49,563 5,111
Consolidated variable interest entities related:    
Total revenues 49,563 5,111
Incentive fees | Consolidated Entity Excluding Variable Interest Entities (VIE)    
Revenues    
Total revenues 49,524 2,364
Consolidated variable interest entities related:    
Total revenues 49,524 2,364
Incentive fees | Primary Beneficiary    
Revenues    
Total revenues 39 2,747
Consolidated variable interest entities related:    
Total revenues $ 39 $ 2,747