XML 16 R86.htm IDEA: XBRL DOCUMENT v2.4.0.8
Financial Data of Segments (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Segment Reporting Information [Line Items]        
Total Management and Advisory Fees, Net $ 578,723 $ 488,048 $ 1,060,856 $ 959,724
Performance Fees Realized - Carried Interest 183,288 55,929 477,458 69,489
Performance Fees Realized - Incentive Fees 76,104 11,631 99,845 16,910
Performance Fees Unrealized - Carried Interest 456,706 84,290 634,053 383,086
Performance Fees Unrealized - Incentive Fees 938 (16,436) 106,736 50,699
Total Performance Fees 717,036 135,414 1,318,092 520,184
Investment Income (Loss), Realized 75,490 5,758 117,843 22,093
Investment Income (Loss), Unrealized 56,570 (10,519) 162,800 62,307
Total Investment Income (Loss) 132,060 (4,761) 280,643 84,400
Interest and Dividend Revenue 13,814 9,267 26,371 16,903
Other (1,163) (765) 981 (1,972)
Total Revenues 1,440,470 627,203 2,686,943 1,579,239
Compensation 478,981 533,367 930,411 1,028,622
Performance Fee Compensation - Realized Carried Interest 75,910 7,898 165,347 15,836
Performance Fee Compensation - Realized Incentive Fees 35,014 5,576 45,522 9,828
Performance Fee Compensation - Unrealized Carried Interest 172,824 36,815 268,296 121,359
Performance Fee Compensation - Unrealized Incentive Fees 3,084 (9,595) 47,562 3,183
Total Compensation and Benefits 765,813 574,061 1,457,138 1,178,828
Total Expenses 914,762 739,819 1,749,863 1,523,612
Economic Income 566,674 135,614 1,045,256 591,999
Segment Assets 27,742,878   27,742,878  
Operating Segments
       
Segment Reporting Information [Line Items]        
Management and Advisory Fees, Base Management Fees 425,674 381,344 834,421 776,850
Management and Advisory Fees, Advisory Fees 120,734 93,372 187,754 169,218
Management and Advisory Fees, Transaction and Other Fees, Net 66,464 49,453 104,438 87,924
Management and Advisory Fees, Management Fee Offsets (10,535) (7,973) (20,197) (21,023)
Total Management and Advisory Fees, Net 602,337 516,196 1,106,416 1,012,969
Performance Fees Realized - Carried Interest 183,288 55,929 477,458 69,489
Performance Fees Realized - Incentive Fees 74,867 11,692 99,594 16,971
Performance Fees Unrealized - Carried Interest 456,706 84,290 634,053 383,086
Performance Fees Unrealized - Incentive Fees 4,358 (17,074) 112,113 51,047
Total Performance Fees 719,219 134,837 1,323,218 520,593
Investment Income (Loss), Realized 54,586 9,360 92,696 32,852
Investment Income (Loss), Unrealized 42,533 (25,624) 139,194 34,290
Total Investment Income (Loss) 97,119 (16,264) 231,890 67,142
Interest and Dividend Revenue 15,342 10,391 30,003 19,736
Other (1,164) (828) 979 (2,035)
Total Revenues 1,432,853 644,332 2,692,506 1,618,405
Compensation 306,477 268,884 573,454 523,656
Performance Fee Compensation - Realized Carried Interest 75,910 7,899 165,347 15,837
Performance Fee Compensation - Realized Incentive Fees 35,014 5,575 45,522 9,827
Performance Fee Compensation - Unrealized Carried Interest 172,824 36,815 268,296 121,358
Performance Fee Compensation - Unrealized Incentive Fees 3,084 (9,596) 47,562 3,183
Total Compensation and Benefits 593,309 309,577 1,100,181 673,861
Other Operating Expenses 120,152 113,038 234,596 222,559
Total Expenses 713,461 422,615 1,334,777 896,420
Economic Income 719,392 221,717 1,357,729 721,985
Segment Assets 14,196,338   14,196,338  
Operating Segments | Private Equity
       
Segment Reporting Information [Line Items]        
Management and Advisory Fees, Base Management Fees 86,621 87,475 172,867 173,264
Management and Advisory Fees, Transaction and Other Fees, Net 38,348 14,951 62,801 33,048
Management and Advisory Fees, Management Fee Offsets (1,950) (672) (2,430) (4,454)
Total Management and Advisory Fees, Net 123,019 101,754 233,238 201,858
Performance Fees Realized - Carried Interest 3,899 28,781 143,791 32,714
Performance Fees Unrealized - Carried Interest 182,926 (87,893) 98,972 (53,842)
Total Performance Fees 186,825 (59,112) 242,763 (21,128)
Investment Income (Loss), Realized 21,586 (6,195) 45,748 7,716
Investment Income (Loss), Unrealized 21,088 (28,337) 52,799 (11,868)
Total Investment Income (Loss) 42,674 (34,532) 98,547 (4,152)
Interest and Dividend Revenue 3,251 3,114 6,235 5,534
Other 366 562 790 347
Total Revenues 356,135 11,786 581,573 182,459
Compensation 63,747 53,775 123,950 106,322
Performance Fee Compensation - Realized Carried Interest 877 804 17,123 1,124
Performance Fee Compensation - Unrealized Carried Interest 88,111 (8,259) 104,730 (9,311)
Total Compensation and Benefits 152,735 46,320 245,803 98,135
Other Operating Expenses 32,178 30,521 61,346 59,402
Total Expenses 184,913 76,841 307,149 157,537
Economic Income 171,222 (65,055) 274,424 24,922
Segment Assets 4,118,466   4,118,466  
Operating Segments | Real Estate
       
Segment Reporting Information [Line Items]        
Management and Advisory Fees, Base Management Fees 137,000 127,817 275,346 275,619
Management and Advisory Fees, Transaction and Other Fees, Net 19,013 25,151 28,153 39,563
Management and Advisory Fees, Management Fee Offsets (6,312) (5,357) (13,598) (13,984)
Total Management and Advisory Fees, Net 149,701 147,611 289,901 301,198
Performance Fees Realized - Carried Interest 143,481 13,539 212,254 22,156
Performance Fees Realized - Incentive Fees 31,102 7,766 34,194 7,765
Performance Fees Unrealized - Carried Interest 259,972 144,510 540,048 366,010
Performance Fees Unrealized - Incentive Fees (32,279) (1,526) (29,879) 6,388
Total Performance Fees 402,276 164,289 756,617 402,319
Investment Income (Loss), Realized 18,577 9,067 28,111 16,879
Investment Income (Loss), Unrealized 30,636 14,944 90,939 40,856
Total Investment Income (Loss) 49,213 24,011 119,050 57,735
Interest and Dividend Revenue 4,396 3,277 8,694 5,829
Other (274) (590) (407) (1,299)
Total Revenues 605,312 338,598 1,173,855 765,782
Compensation 73,792 76,576 143,251 145,465
Performance Fee Compensation - Realized Carried Interest 55,005 3,401 80,868 7,478
Performance Fee Compensation - Realized Incentive Fees 15,733 3,871 17,457 3,873
Performance Fee Compensation - Unrealized Carried Interest 78,604 31,677 167,661 85,952
Performance Fee Compensation - Unrealized Incentive Fees (16,329) (629) (15,295) 3,139
Total Compensation and Benefits 206,805 114,896 393,942 245,907
Other Operating Expenses 27,617 26,560 56,079 55,484
Total Expenses 234,422 141,456 450,021 301,391
Economic Income 370,890 197,142 723,834 464,391
Segment Assets 5,842,665   5,842,665  
Operating Segments | Hedge Fund Solutions
       
Segment Reporting Information [Line Items]        
Management and Advisory Fees, Base Management Fees 100,113 84,278 192,904 166,099
Management and Advisory Fees, Transaction and Other Fees, Net 61 65 65 157
Management and Advisory Fees, Management Fee Offsets (714) (375) (1,038) (710)
Total Management and Advisory Fees, Net 99,460 83,968 191,931 165,546
Performance Fees Realized - Incentive Fees 13,845 1,175 27,554 4,473
Performance Fees Unrealized - Incentive Fees 20,989 (10,981) 76,490 12,206
Total Performance Fees 34,834 (9,806) 104,044 16,679
Investment Income (Loss), Realized 13,668 929 14,520 1,432
Investment Income (Loss), Unrealized (12,054) (3,636) (8,141) 4,735
Total Investment Income (Loss) 1,614 (2,707) 6,379 6,167
Interest and Dividend Revenue 1,878 495 3,094 881
Other (254) 27 (169) (100)
Total Revenues 137,532 71,977 305,279 189,173
Compensation 36,844 34,559 70,712 62,792
Performance Fee Compensation - Realized Incentive Fees 5,116 (345) 10,138 1,033
Performance Fee Compensation - Unrealized Incentive Fees 7,666 (2,820) 27,502 4,474
Total Compensation and Benefits 49,626 31,394 108,352 68,299
Other Operating Expenses 16,535 14,506 31,694 28,440
Total Expenses 66,161 45,900 140,046 96,739
Economic Income 71,371 26,077 165,233 92,434
Segment Assets 1,298,257   1,298,257  
Operating Segments | Credit
       
Segment Reporting Information [Line Items]        
Management and Advisory Fees, Base Management Fees 101,940 81,774 193,304 161,868
Management and Advisory Fees, Transaction and Other Fees, Net 9,002 9,184 13,376 14,909
Management and Advisory Fees, Management Fee Offsets (1,559) (1,569) (3,131) (1,875)
Total Management and Advisory Fees, Net 109,383 89,389 203,549 174,902
Performance Fees Realized - Carried Interest 35,908 13,609 121,413 14,619
Performance Fees Realized - Incentive Fees 29,920 2,751 37,846 4,733
Performance Fees Unrealized - Carried Interest 13,808 27,673 (4,967) 70,918
Performance Fees Unrealized - Incentive Fees 15,648 (4,567) 65,502 32,453
Total Performance Fees 95,284 39,466 219,794 122,723
Investment Income (Loss), Realized 901 5,638 4,229 6,321
Investment Income (Loss), Unrealized 4,381 (9,156) 5,474 55
Total Investment Income (Loss) 5,282 (3,518) 9,703 6,376
Interest and Dividend Revenue 4,071 1,752 8,618 4,177
Other (1,063) (787) 765 (1,025)
Total Revenues 212,957 126,302 442,429 307,153
Compensation 55,941 42,845 101,462 79,988
Performance Fee Compensation - Realized Carried Interest 20,028 3,694 67,356 7,235
Performance Fee Compensation - Realized Incentive Fees 14,165 2,049 17,927 4,921
Performance Fee Compensation - Unrealized Carried Interest 6,109 13,397 (4,095) 44,717
Performance Fee Compensation - Unrealized Incentive Fees 11,747 (6,147) 35,355 (4,430)
Total Compensation and Benefits 107,990 55,838 218,005 132,431
Other Operating Expenses 22,961 15,749 43,923 32,845
Total Expenses 130,951 71,587 261,928 165,276
Economic Income 82,006 54,715 180,501 141,877
Segment Assets 2,258,620   2,258,620  
Operating Segments | Financial Advisory
       
Segment Reporting Information [Line Items]        
Management and Advisory Fees, Advisory Fees 120,734 93,372 187,754 169,218
Management and Advisory Fees, Transaction and Other Fees, Net 40 102 43 247
Total Management and Advisory Fees, Net 120,774 93,474 187,797 169,465
Investment Income (Loss), Realized (146) (79) 88 504
Investment Income (Loss), Unrealized (1,518) 561 (1,877) 512
Total Investment Income (Loss) (1,664) 482 (1,789) 1,016
Interest and Dividend Revenue 1,746 1,753 3,362 3,315
Other 61 (40)   42
Total Revenues 120,917 95,669 189,370 173,838
Compensation 76,153 61,129 134,079 129,089
Total Compensation and Benefits 76,153 61,129 134,079 129,089
Other Operating Expenses 20,861 25,702 41,554 46,388
Total Expenses 97,014 86,831 175,633 175,477
Economic Income 23,903 8,838 13,737 (1,639)
Segment Assets $ 678,330   $ 678,330