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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Revenues    
Total revenues $ 125,037 $ 135,509
Consolidated variable interest entities related:    
Total revenues 125,037 135,509
Expenses    
Compensation and benefits 44,103 52,194
Consolidated variable interest entities related:    
Total expenses 70,098 72,984
Other income (expense)    
Equity in income (loss) of investees 11,866 (625)
Interest income 937 168
Non-operating income 232 4,343
Consolidated variable interest entities related:    
Unrealized income 757 4,344
Total other income (expense) 12,805 5,089
Income before income taxes 67,744 67,614
Income tax expense 16,400 11,488
Net income 51,344 56,126
Net income attributable to Hamilton Lane Incorporated 30,998 33,484
Class A Common Stock    
Consolidated variable interest entities related:    
Net income attributable to Hamilton Lane Incorporated $ 30,998 $ 33,484
Basic earnings per share of Class A common stock (in dollars per share) $ 0.82 $ 0.92
Diluted earnings per share of Class A common stock (in dollars per share) 0.81 0.91
Dividends declared per share of Class A common stock (in dollars per share) $ 0.45 $ 0.40
Consolidated Entity Excluding Variable Interest Entities (VIE)    
Expenses    
General, administrative and other $ 25,761 $ 20,513
Consolidated variable interest entities related:    
General, administrative and other 25,761 20,513
Other income (expense)    
Interest expense (2,890) (1,495)
Consolidated VIEs    
Expenses    
General, administrative and other 234 277
Consolidated variable interest entities related:    
General, administrative and other 234 277
Other income (expense)    
Interest expense (6) 0
Interest income 1,740 0
Consolidated variable interest entities related:    
Equity in income of investees 132 732
Unrealized income 794 1,966
General Partnerships    
Consolidated variable interest entities related:    
Less: Income attributable to non-controlling interests 1 308
Hamilton Lane Advisors, L.L.C.    
Consolidated variable interest entities related:    
Less: Income attributable to non-controlling interests 19,133 20,168
Hamilton Lane Alliance Holdings I, Inc.    
Consolidated variable interest entities related:    
Less: Income attributable to non-controlling interests 0 2,166
Consolidated Funds    
Consolidated variable interest entities related:    
Less: Income attributable to non-controlling interests 1,212 0
Management and advisory fees    
Revenues    
Total revenues 105,407 85,946
Consolidated variable interest entities related:    
Total revenues 105,407 85,946
Incentive fees    
Revenues    
Total revenues 19,630 49,563
Consolidated variable interest entities related:    
Total revenues 19,630 49,563
Incentive fees | Consolidated Entity Excluding Variable Interest Entities (VIE)    
Revenues    
Total revenues 19,630 49,524
Consolidated variable interest entities related:    
Total revenues 19,630 49,524
Incentive fees | Consolidated VIEs    
Revenues    
Total revenues 0 39
Consolidated variable interest entities related:    
Total revenues $ 0 $ 39