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INCOME TAXES (Details) - USD ($)
$ in Thousands
1 Months Ended 12 Months Ended
Nov. 30, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
U.S. and non-U.S. components of income (loss) before income tax expense:        
U.S.   $ 140,477 $ 69,734 $ 88,395
Non-U.S.   3,587 (23,439) (15,376)
Income (loss) before income taxes   144,064 46,295 73,019
Current income taxes:        
Federal   14,483 8,242  
State and Local   4,254 3,759 2,533
Foreign   4,314 2,492  
Total   23,051 14,493 2,533
Deferred income taxes:        
Federal   774 (688)  
State and local   (29) 164 187
Foreign   51 (229) 74
Income Tax Expense (Benefit), Total   $ 23,847 $ 13,740 $ 2,794
Reconciliation of federal statutory tax rates        
U.S. statutory tax rate   35.00% 35.00% 35.00%
Increase (decrease) due to state and local taxes   2.20% 7.50% 3.70%
Rate benefit as a U.S. limited partnership/flow through   (22.10%) (29.90%) (35.00%)
Non-deductible expenses   0.30% 12.20% 0.00%
Foreign taxes   1.80% 4.90% 0.10%
Other   (0.60%)    
Effective income tax rate   16.60% 29.70% 3.80%
Significant components of deferred tax assets and liabilities:        
Net operating loss   $ 9,043 $ 6,143  
Step-up in tax basis in Group LP assets   149,605 149,760  
Deferred Compensation   10,064 5,433  
Accrued expenses and other   5,965 5,261  
Gross   174,677 166,597  
Valuation allowance on NOL and other   (9,172) (6,460)  
Net deferred tax asset   165,505 160,137  
Deferred tax assets for foreign operating loss carryforwards   9,043    
Untaxed foreign earnings   0 0 $ 0
Unrecognized tax benefits   0 $ 0 $ 0
Net deferred tax asset increase   5,368    
Period for cash distribution payable to partners under tax receivable agreement for tax benefits 15 years      
Foreign        
Significant components of deferred tax assets and liabilities:        
Operating loss carryforwards   35,846    
Operating loss carryforwards with indefinite life   31,195    
Deferred tax assets for operating loss carryforwards for indefinite life   7,479    
Operating loss carryforwards which expire on 2019 and 2023   4,650    
Deferred tax assets for operating loss carryforwards which expire between 2019 and 2023   1,564    
Group LP        
Significant components of deferred tax assets and liabilities:        
Deferred tax assets attributable to exchanges by partners   $ 1,975    
Percentage of cash distribution to partners in connection to IPO attributable to exchanges by partners, payable to partners   85.00%    
Cash distribution to partners in connection to IPO attributable to exchanges by partners, payable to partners   $ 1,679    
Period of cash distribution to partners in connection to IPO attributable to exchanges by partners, payable to partners   15 years