XML 42 R22.htm IDEA: XBRL DOCUMENT v3.19.2
Investment (Tables)
6 Months Ended
Jun. 30, 2019
Investments [Abstract]  
Schedule of investment components
Investments are comprised of the following as of the dates indicated (in millions):
 
June 30,
2019
 
December 31,
2018
Investments of consolidated Funds held at fair value
$
128.1

 
$
124.8

Other investments held at fair value
104.3

 
104.8

Investments related to long-term incentive compensation plans held at fair value
99.8

 
91.8

Total investments held at fair value
332.2

 
321.4

Equity-accounted investments in Affiliates and consolidated Funds(1)
49.4

 
1.9

Total investments per Condensed Consolidated Balance Sheets
$
381.6

 
$
323.3

 
 
(1)
Equity-accounted investments in consolidated Funds is comprised of Investments in partnership interests where a portion of return includes carried interest. These investments are accounted for within the scope of ASC 323, Investments - Equity Method and Joint Ventures because the Company has determined it has significant influence.
Investment income including realized gain loss on investments
Investment income is comprised of the following for the three and six months ended June 30 (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
Realized and unrealized gains (losses) on other investments held at fair value
$
1.4

 
$
(1.1
)
 
$
7.8

 
$
(1.3
)
Investment return of equity-accounted investments in Affiliates
0.7

 
0.7

 
1.3

 
1.3

Gain on sale of Affiliate carried at cost

 

 

 
65.7

Total investment income per Condensed Consolidated Statements of Operations
$
2.1

 
$
(0.4
)
 
$
9.1

 
$
65.7



Investment gains (losses) on net consolidated funds is comprised of the following for the three and six months ended June 30 (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
Realized and unrealized gains (losses) on consolidated Funds held at fair value
$
0.1

 
$
(3.3
)
 
$
3.0

 
$
(5.7
)
Investment return of equity-accounted investments
(4.6
)
 

 
6.1

 

Total net consolidated Funds’ investment gains (losses) per Condensed Consolidated Statements of Operations
$
(4.5
)
 
$
(3.3
)
 
$
9.1

 
$
(5.7
)