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Variable Interest Entities (Tables)
6 Months Ended
Apr. 30, 2020
Variable Interest Entity [Line Items]  
Schedule of the balances related to consolidated sponsored funds

 

(in thousands)

 

April 30,

 

October 31,

 

 

2020

 

2019

 

Investments

$

374,689

$

514,072

 

Other assets

 

16,117

 

16,846

 

Other liabilities

 

(14,929)

 

(35,488)

 

Redeemable non-controlling interests

 

(190,510)

 

(260,681)

 

Net interest in consolidated sponsored funds

$

185,367

$

234,749

Summary of the carrying amounts related to vie's that are consolidated on the company's balance sheet

 

 

 

 

April 30,

 

October 31,

 

(in thousands)

 

2020

 

2019

 

Assets of consolidated CLO entities:

 

 

 

 

 

 

Cash

$

42,081

$

48,704

 

 

Bank loans and other investments

 

1,135,609

 

1,704,270

 

 

Receivable for pending bank loan sales

 

2,341

 

24,193

 

 

Other assets

 

3,214

 

3,846

 

Liabilities of consolidated CLO entities:

 

 

 

 

 

 

Senior and subordinated note obligations

 

1,088,574

 

1,617,095

 

 

Payable for pending bank loan purchases

 

28,559

 

33,985

 

 

Other liabilities

 

10,895

 

17,137

 

Total beneficial interests

$

55,217

$

112,796

Summary of the amounts related to vie's that are consolidated on the company's income statement

 

 

 

 

Consolidated Securitized CLO Entities

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

 

April 30,

 

April 30,

 

(in thousands)

 

2020

 

2019

 

2020

 

2019

 

Other income (expense) of consolidated

 

 

 

 

 

 

 

 

 

 

CLO entities:

 

 

 

 

 

 

 

 

 

 

Gains (losses) and other investment

 

 

 

 

 

 

 

 

 

 

income, net

$

(4,841)

$

17,355

$

10,722

$

21,933

 

 

Interest and other expense

 

(11,647)

 

(9,680)

 

(29,043)

 

(17,925)

 

Net gain (loss) attributable to the Company

$

(16,488)

$

7,675

$

(18,321)

$

4,008

Summary of application of the measurement alternative results in the company's earnings from consolidated vie's subsequent to initial consolidation

 

 

 

 

Consolidated Securitized CLO Entities:

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

 

April 30,

 

April 30,

 

(in thousands)

 

2020

 

2019

 

2020

 

2019

 

Economic interests in consolidated

 

 

 

 

 

 

 

 

 

securitized CLO entities:

 

 

 

 

 

 

 

 

 

 

Distributions received and gains (losses)

 

 

 

 

 

 

 

 

 

 

on senior and subordinated interests

 

 

 

 

 

 

 

 

 

 

held by the Company

$

(17,907)

$

6,445

$

(21,667)

$

1,871

 

 

Management fees

 

1,419

 

1,230

 

3,346

 

2,137

 

Total economic interests

$

(16,488)

$

7,675

$

(18,321)

$

4,008