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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2012
Unfunded Commitments

The Partnership and its unconsolidated affiliates have unfunded commitments to entities within the following segments as of December 31, 2012 (Dollars in millions):

 

     Unfunded  
     Commitments  

Corporate Private Equity

   $ 1,964.1   

Global Market Strategies

     217.9   

Real Assets

     197.9   
  

 

 

 
   $ 2,379.9   
  

 

 

 
Future Minimum Commitments for Leases

The future minimum commitments for the leases are as follows (Dollars in millions):

 

2013

   $ 47.0   

2014

     44.4   

2015

     40.4   

2016

     31.0   

2017

     29.9   

Thereafter

     126.1   
  

 

 

 
   $ 318.8   
  

 

 

 
Employee and Office Lease Termination Costs

The changes in the accrual for termination costs for the years ended December 31, 2012, 2011 and 2010 are as follows:

 

     Year Ended December 31,  
     2012     2011     2010  
     (Dollars in millions)  

Balance, beginning of period

   $ 15.2      $ 23.1      $ 29.6   

Compensation expense

     5.4        2.8        6.8   

Contract termination costs

     0.5        1.7        1.7   

Costs paid or settled

     (7.5     (12.4     (15.0
  

 

 

   

 

 

   

 

 

 

Balance, end of period

   $ 13.6      $ 15.2      $ 23.1