XML 58 R38.htm IDEA: XBRL DOCUMENT v3.3.1.900
Contingent Consideration (Tables)
12 Months Ended
Dec. 31, 2015
Business Combinations [Abstract]  
Changes in contingent consideration liabilities
The changes in the contingent consideration liabilities are as follows:
 
 
Rollforward For The Years Ended December 31, 2015 and 2014
 
Amounts payable to the sellers who are Carlyle professionals
 
 
 
 
 
Performance-based
contingent cash
consideration
 
Performance-based
contingent equity
consideration
 
Employment-based
contingent cash
consideration
 
Contingent
cash and other
consideration
payable to non-
Carlyle personnel
 
Total
Balance at December 31, 2013
$
145.1

 
$
15.7

 
$
148.7

 
$
40.8


$
350.3

Contingent consideration from new acquisition / investments

 

 

 



Change in carrying value
(27.6
)
 
(2.9
)
 
10.1

 
169.2

(a)
148.8

Payments
(90.7
)
 

 
(1.2
)
 
(7.2
)

(99.1
)
Issuances of equity

 
(12.8
)
 
(0.8
)
 
(1.8
)

(15.4
)
Balance at December 31, 2014
26.8

 

 
156.8

 
201.0


384.6

Change in carrying value
2.1

 

 
(70.9
)
 
22.9

(a)
(45.9
)
Payments
(20.2
)
 

 
(3.3
)
 
(2.4
)

(25.9
)
Issuances of equity

 

 
(2.2
)
 


(2.2
)
Balance at December 31, 2015
$
8.7

 
$

 
$
80.4

 
$
221.5


$
310.6



(a)
Refer to Note 6 for information on the contingent consideration payable to BNRI from the strategic investment in NGP.
Maximum amounts that could be paid from contingent cash obligations
The following table represents the maximum amounts that could be paid from contingent cash obligations associated with the business acquisitions and the strategic investment in NGP Management:
 
As of December 31, 2015
 
Business
Acquisitions
 
NGP
Investment
 
Total
 
Liability
Recognized on
Financial
Statements
(1)
 
 
 
(Dollars in millions)
 
 
Performance-based contingent cash consideration
$
208.2

 
$
183.0

 
$
391.2

 
$
230.2

Employment-based contingent cash consideration
148.4

 
45.0

 
193.4

 
80.4

Total maximum cash obligations
$
356.6

 
$
228.0

 
$
584.6

 
$
310.6

 
(1)
On the consolidated balance sheet, the liability for performance-based contingent cash consideration is included in due to affiliates (for amounts owed to Carlyle professionals and NGP) and accounts payable, accrued expenses, and other liabilities (for amounts owed to other sellers), and the liability for employment-based contingent cash consideration is included in accrued compensation and benefits.