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Noncontrolling Interests
 9 Months Ended
Dec. 31, 2016
Noncontrolling Interest [Abstract]  
Noncontrolling Interest Disclosure [Text Block]
11. Noncontrolling Interests

Net income (loss) attributable to noncontrolling interests for the three and nine months ended December 31, included the following amounts:
 
 
Three Months Ended December 31,
 
Nine Months Ended December 31,
 
 
2016
 
2015
 
2016
 
2015
Net income (loss) attributable to redeemable noncontrolling interests
 
$
11,063

 
$
16

 
$
39,335

 
$
(993
)
Net income attributable to nonredeemable noncontrolling interests
 
2,025

 
—

 
5,732

 
—

Total
 
$
13,088

 
$
16

 
$
45,067

 
$
(993
)


Total redeemable and nonredeemable noncontrolling interests for the nine months ended December 31, 2016, included the following amounts:
 
 
Redeemable noncontrolling interests
 
 
 
 
Consolidated investment vehicles(1) and other
 
Affiliate
 
 
 
 
 
 
 
Noncontrolling Interests
 
Management equity plans
 
Total
 
Nonredeemable noncontrolling interests(2)
Balance as of March 31, 2016
 
$
94,136

 
$
68,922

 
$
12,727

 
$
175,785

 
$
22,202

Net income attributable to noncontrolling interests
 
8,153

 
31,182

 
—

 
39,335

 
5,732

Net subscriptions (redemptions) and other(3)
 
(20,914
)
 
2,604

 
—

 
(18,310
)
 
—

Distributions
 
—

 
(18,797
)
 
—

 
(18,797
)
 
(4,555
)
Grants/settlements of affiliate management equity plan interests, net
 
—

 
—

 
6,120

 
6,120

 
—

Business acquisitions
 
—

 
510,500

 
—

 
510,500

 
—

Foreign exchange
 
—

 
(4,094
)
 
—

 
(4,094
)
 
—

Vesting/change in estimated redemption value of affiliate management equity plan interests
 
—

 
—

 
6,261

 
6,261

 
—

Balance as of December 31, 2016
 
$
81,375

 
$
590,317

 
$
25,108

 
$
696,800

 
$
23,379

(1) Principally related to VIE and seeded investment products.
(2) Related to Royce management equity plan.
(3)
Includes the impact related to the adoption of updated consolidation accounting guidance further discussed in Note 2.

Redeemable noncontrolling interests by affiliate (exclusive of management equity plans) for the nine months ended December 31, 2016, included the following amounts:
 
 
Redeemable noncontrolling interests
 
 
EnTrust-Permal
 
Clarion Partners
 
RARE Infrastructure
 
Other
 
Total
Balance as of March 31, 2016
 
$
—

 
$
—

 
$
67,155

 
$
1,767

 
$
68,922

Net income attributable to noncontrolling interests
 
17,099

 
8,839

 
4,731

 
513

 
31,182

Subscriptions
 
—

 
—

 
—

 
2,604

 
2,604

Distributions
 
(12,855
)
 
(2,733
)
 
(2,703
)
 
(506
)
 
(18,797
)
Business acquisitions
 
403,200

 
105,300

 
—

 
2,000

 
510,500

Foreign exchange
 
—

 
—

 
(4,094
)
 
—

 
(4,094
)
Balance as of December 31, 2016
 
$
407,444

 
$
111,406

 
$
65,089

 
$
6,378

 
$
590,317



Total redeemable noncontrolling interests for the nine months ended December 31, 2015, included the following amounts:
 
 
Consolidated investment vehicles(1) and other
 
Affiliate
 
 
 
 
 
Noncontrolling Interests
 
Management equity plans
 
Total
Balance as of March 31, 2015
 
$
36,549

 
$
1,949

 
$
7,022

 
$
45,520

Net income (loss) attributable to redeemable noncontrolling interests
 
(2,542
)
 
1,549

 
—

 
(993
)
Net subscriptions
 
50,571

 
—

 
—

 
50,571

Distributions
 
—

 
(691
)
 
—

 
(691
)
Business acquisition
 
—

 
61,067

 
—

 
61,067

Foreign exchange

 
—

 
568

 
—

 
568

Accretion of/increase in estimated redemption value of affiliate management equity plan interests
 
—

 
—

 
2,489

 
2,489

Balance as of December 31, 2015
 
$
84,578

 
$
64,442

 
$
9,511

 
$
158,531

(1)
Principally related to VIE and seeded investment products.