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Subsequent Events
3 Months Ended
Mar. 31, 2021
Subsequent Events [Abstract]  
Subsequent Events
15. Subsequent Events
Dividends
In April 2021, the Company’s Board of Directors declared a quarterly dividend of $0.25 per share of common stock to common stockholders of record at the close of business on May 11, 2021, payable on May 19, 2021.
Sale of Metropolitan Real Estate
On April 1, 2021, the Company sold 100% of its interest in Metropolitan Real Estate. The expected gain on the sale is not material. The Company retained its existing investments in and commitments to the MRE funds, as well as its interest in the net accrued performance allocations in existing funds. In connection with the sale, the Company entered into a sublease agreement for a portion of its office space in New York. As a result of the sublease transaction, the Company expects to record an estimated lease impairment charge of approximately $25 million to $30 million during the three months ended June 30, 2021.