Noncontrolling Interests

12 Months Ended

Mar. 31, 2017

Noncontrolling Interest [Abstract]

Noncontrolling Interest Disclosure [Text Block]

14. NONCONTROLLING INTERESTS

Net income (loss) attributable to noncontrolling interests for the years ended March 31, included the following amounts:

	Years Ended March 31,
	2017		2016			2015
Net income (loss) attributable to redeemable noncontrolling interests	$	52,050	$	(8,680	)	$	5,629
Net income attributable to nonredeemable noncontrolling interests	7,397		802			—
Total	$	59,447	$	(7,878	)	$	5,629

Total redeemable and nonredeemable noncontrolling interests for the years ended March 31, included the following amounts:

	Redeemable noncontrolling interests
	Consolidated investment vehicles(1) and other			Affiliate
				Noncontrolling Interests			Management equity plans			Total			Nonredeemable noncontrolling interests(2)
Value as of March 31, 2014	$	41,972		$	1,356		$	1,816		$	45,144		$	—
Net income attributable to noncontrolling interests	5,061			568			—			5,629			—
Net subscriptions (redemptions)	(10,484		)	25			—			(10,459		)	—
Vesting/change in estimated redemption value	—			—			5,206			5,206			—
Balance as of March 31, 2015	36,549			1,949			7,022			45,520			—
Net income (loss) attributable to noncontrolling interests	(11,052		)	2,372			—			(8,680		)	802
Net subscriptions (redemptions)	68,639			(1,981		)	—			66,658			—
Grants (settlements), net	—			—			(345		)	(345		)	21,400
Business acquisition	—			62,722			—			62,722			—
Foreign exchange	—			3,860			—			3,860			—
Vesting/change in estimated redemption value	—			—			6,050			6,050			—
Balance as of March 31, 2016	94,136			68,922			12,727			175,785			22,202
Net income attributable to noncontrolling interests	11,452			40,598			—			52,050			7,397
Net subscriptions (redemptions) and other(3)	(47,118		)	2,531			—			(44,587		)	—
Distributions	—			(29,461		)	—			(29,461		)	(6,401		)
Grants (settlements), net	—			—			5,986			5,986			4,600
Business acquisitions	—			508,817			—			508,817			—
Foreign exchange	—			(153		)	—			(153		)	—
Vesting/change in estimated redemption value	—			—			9,335			9,335			—
Balance as of March 31, 2017	$	58,470		$	591,254		$	28,048		$	677,772		$	27,798

(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 1.

Redeemable noncontrolling interests by affiliate (exclusive of management equity plans) for the years ended March 31, included the following amounts:

	Redeemable noncontrolling interests
	EnTrust-Permal			Clarion Partners			RARE Infrastructure			Other			Total
Balance as of March 31, 2015	$	—		$	—		$	—		$	1,949		$	1,949
Net income attributable to noncontrolling interests	—			—			1,859			513			2,372
Distributions	—			—			(1,286		)	(695		)	(1,981		)
Business acquisition	—			—			62,722			—			62,722
Foreign exchange	—			—			3,860			—			3,860
Balance as of March 31, 2016	—			—			67,155			1,767			68,922
Net income attributable to noncontrolling interests	22,146			12,171			5,742			539			40,598
Subscriptions (redemptions), net	—			—			—			2,531			2,531
Distributions	(20,494		)	(4,298		)	(3,997		)	(672		)	(29,461		)
Business acquisitions	403,200			105,300			—			317			508,817
Foreign exchange	—			—			(153		)	—			(153		)
Balance as of March 31, 2017	$	404,852		$	113,173		$	68,747		$	4,482		$	591,254