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Consolidated and Combined Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities      
Consolidated and combined net loss $ (40,235) $ (1,802,266) $ (82,441)
Adjustments to reconcile consolidated and combined net loss to net cash from operating activities:      
Amortization of intangible assets 256,909 113,889 0
Equity-based compensation 420,832 1,205,336 0
Depreciation and amortization of fixed assets 2,304 665 673
Amortization of debt discounts and deferred financing costs 4,381 1,868 787
Amortization of investment discounts and premiums 6 1,692 0
Non-cash lease expense 12,983 1,974 0
Net losses on retirement of debt 0 17,636 0
Net losses on investments, net of dividends 132 3,583 0
Change in TRA liability 11,435 13,848 0
Change in warrant liability (34,634) 43,670 0
Change in earnout liability 14,488 834,255 0
Deferred income taxes (23,947) (66,138) (475)
Changes in operating assets and liabilities:      
Due from related parties (128,034) (105,376) (49,824)
Strategic Revenue-Share Purchase consideration 37,383 (40,997) 0
Other assets, net (1,779) (2,095) (9,747)
Accrued compensation 138,217 92,742 135,108
Accounts payable, accrued expenses and other liabilities 58,006 (32,628) 11,153
Net Cash Provided by Operating Activities 728,447 281,658 5,234
Cash Flows from Investing Activities      
Purchases of fixed assets (65,539) (5,261) (652)
Purchases of investments (309,103) (328,797) (30,000)
Proceeds from investment sales and maturities 3,878 314,052 30,000
Cash consideration paid for acquisitions, net of cash consideration received (114,454) (1,578,866) 0
Net Cash Used in Investing Activities (485,218) (1,598,872) (652)
Cash Flows from Financing Activities      
Cash proceeds from the Business Combination 0 1,738,603 0
Offering costs related to the Business Combination 0 (126,309) 0
Acquisition of noncontrolling interests in the Blue Owl Operating Group in connection with the Business Combination 0 (491,956) 0
Acquisition of noncontrolling interests 0 (297,054) 0
Proceeds from debt obligations 775,060 1,390,296 240,547
Debt issuance costs (8,487) (17,864) (594)
Repayments of debt obligations, including retirement costs (323,000) (577,835) (171,458)
Contributions from members prior to the Business Combination 0 0 9,264
Withholding taxes on vested RSUs (2,420) 0 0
Dividends paid on Class A Shares (182,550) (47,076) 0
Proceeds from exercise of warrants 151 0 0
Class A Share repurchases (78,789) 0 0
Distributions to members prior to the Business Combination 0 (103,144) (78,054)
Contributions from noncontrolling interests 27,482 15,734 0
Distributions to noncontrolling interests (425,164) (135,244) 0
Net Cash (Used in) Provided by Financing Activities (217,717) 1,348,151 (295)
Net Increase in Cash and Cash Equivalents 25,512 30,937 4,287
Cash and cash equivalents, beginning of period 42,567 11,630 7,343
Cash and Cash Equivalents, End of Period 68,079 42,567 11,630
Supplemental Information      
Cash paid for interest 47,726 25,009 23,231
Cash paid for income taxes $ 4,784 $ 4,353 $ 142