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Investments (Tables)
 9 Months Ended
Sep. 30, 2015
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of investments
Investments consist of the following: 
 
As of
 
September 30, 2015
 
December 31, 2014
 
(Dollars in millions)
Equity method investments, excluding accrued performance fees
$
874.3

 
$
918.7

Trading securities and other investments
22.9

 
12.9

Total investments
$
897.2

 
$
931.6
Schedule of net investment earnings (loss)
The net investment earnings (loss) recognized in the Partnership’s condensed consolidated statements of operations for the three and nine months ended September 30, 2015 and 2014 were as follows:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
 
(Dollars in millions)
Management fees
$
14.5

 
$
13.8

 
$
41.4

 
$
43.4

Performance fees
(3.4
)
 
3.1

 
(18.5
)
 
3.1

Investment income (loss)
(2.0
)
 
—

 
(2.5
)
 
—

Expenses and amortization of basis differences
(15.3
)
 
(19.3
)
 
(53.1
)
 
(57.6
)
Net investment income (loss)
$
(6.2
)
 
$
(2.4
)
 
$
(32.7
)
 
$
(11.1
)
Schedule of equity method investments
The Partnership’s equity method investments include its fund investments in Corporate Private Equity, Global Market Strategies and Real Assets, typically as general partner interests, and its investment in NGP Management (included within Real Assets), which are not consolidated. Investments are related to the following segments:
 
 
As of
 
September 30, 2015
 
December 31, 2014
 
(Dollars in millions)
Corporate Private Equity
$
228.1

 
$
246.3

Global Market Strategies
24.0

 
25.3

Real Assets
622.2

 
647.1

Total
$
874.3

 
$
918.7
Components of investment income (loss)
The components of investment income (loss) are as follows:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
 
(Dollars in millions)
Income (loss) from equity investments
$
(14.7
)
 
$
4.3

 
$
0.5

 
$
32.3

Income (loss) from trading securities
(1.3
)
 
(0.9
)
 
(1.5
)
 
0.5

Other investment income
6.5

 
0.4

 
7.5

 
0.8

Total
$
(9.5
)
 
$
3.8

 
$
6.5

 
$
33.6
Schedule of income (loss) from equity-method investments
Carlyle’s income (loss) from its equity-method investments is included in investment income (loss) in the condensed consolidated statements of operations and consists of:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
 
(Dollars in millions)
Corporate Private Equity
$
(10.0
)
 
$
12.1

 
$
20.2

 
$
40.1

Global Market Strategies
(1.3
)
 
0.7

 
(0.4
)
 
2.4

Real Assets
(3.4
)
 
(8.5
)
 
(19.3
)
 
(10.2
)
Total
$
(14.7
)
 
$
4.3

 
$
0.5

 
$
32.3
Components of interest and other income of consolidated funds
The components of interest and other income of Consolidated Funds are as follows:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
 
(Dollars in millions)
Interest income from investments
$
219.0

 
$
217.0

 
$
654.7

 
$
653.0

Other income
40.4

 
17.1

 
88.0

 
75.5

Total
$
259.4

 
$
234.1

 
$
742.7

 
$
728.5
Components of net investment gains (losses) of consolidated funds
The components of net investment gains (losses) of Consolidated Funds are as follows: 
    
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
 
(Dollars in millions)
Gains (losses) from investments of Consolidated Funds
$
(337.8
)
 
$
169.5

 
$
738.1

 
$
1,151.4

Gains (losses) from liabilities of CLOs
306.6

 
(45.3
)
 
197.0

 
(158.4
)
Gains (losses) on other assets of CLOs
(0.1
)
 
1.3

 
0.7

 
1.5

Total
$
(31.3
)
 
$
125.5

 
$
935.8

 
$
994.5
Schedule of realized and unrealized gains (losses) earned from investments of consolidated funds
The following table presents realized and unrealized gains (losses) earned from investments of the Consolidated Funds:
 
 
Three Months Ended 
 September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
 
(Dollars in millions)
Realized gains
$
433.8

 
$
248.2

 
$
867.9

 
$
1,194.4

Net change in unrealized losses
(771.6
)
 
(78.7
)
 
(129.8
)
 
(43.0
)
Total
$
(337.8
)
 
$
169.5

 
$
738.1

 
$
1,151.4