XML 18 R7.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Statements of Changes in Unitholders' Capital (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Jan. 01, 2018
Increase (decrease) in Stockholders' Equity:          
Unitholders' capital, beginning of period $ 2,484,788 $ 2,057,076 $ 2,487,717 $ 2,020,617  
Cumulative-effect adjustment from adoption of accounting guidance         $ 48,709
Issuance of units 0 173,669 0 393,419  
Repurchase and cancellation of units (27) (380) (9,952) (230,358)  
Purchase of non-controlling interests in subsidiary   (2,916)   (2,916)  
Deferred tax effect resulting from the purchase of OCGH units       (6,051)  
Equity reallocation between controlling and non-controlling interests 0 0 0 0  
Capital increase related to equity-based compensation 20,793 14,747 34,005 28,444  
Distributions declared (180,840) (164,010) (310,962) (312,409)  
Net income 99,288 72,101 219,486 198,949  
Foreign currency translation adjustment, net of tax (339) 129 3,369 (90)  
Unitholders' capital, end of period 2,423,663 2,150,416 2,423,663 2,150,416  
Paid-in Capital          
Increase (decrease) in Stockholders' Equity:          
Unitholders' capital, beginning of period 897,782 866,576 893,043 788,413  
Issuance of units 0 0 0 219,750  
Repurchase and cancellation of units (27) (83) (7,437) (227,507)  
Purchase of non-controlling interests in subsidiary   (1,320)   (1,320)  
Deferred tax effect resulting from the purchase of OCGH units       (6,051)  
Equity reallocation between controlling and non-controlling interests 30,440 (75) 36,565 73,755  
Capital increase related to equity-based compensation 9,685 6,678 15,709 12,634  
Unitholders' capital, end of period 937,880 871,776 937,880 871,776  
Retained Earnings          
Increase (decrease) in Stockholders' Equity:          
Unitholders' capital, beginning of period 94,199 99,789 100,683 80,128  
Cumulative-effect adjustment from adoption of accounting guidance         20,355
Distributions declared (76,587) (68,331) (130,325) (121,757)  
Net income 42,444 31,121 89,698 83,853  
Unitholders' capital, end of period 60,056 62,579 60,056 62,579  
Accumulated Other Comprehensive Income (Loss)          
Increase (decrease) in Stockholders' Equity:          
Unitholders' capital, beginning of period 2,764 357 1,053 443  
Foreign currency translation adjustment, net of tax (360) 63 1,351 (23)  
Unitholders' capital, end of period 2,404 420 2,404 420  
Non-controlling Interests in Consolidated Subsidiaries          
Increase (decrease) in Stockholders' Equity:          
Unitholders' capital, beginning of period 1,089,459 1,079,586 1,092,354 1,121,237  
Cumulative-effect adjustment from adoption of accounting guidance         $ 28,354
Repurchase and cancellation of units 0 (297) (2,515) (2,851)  
Purchase of non-controlling interests in subsidiary   (1,596)   (1,596)  
Equity reallocation between controlling and non-controlling interests (30,440) 75 (36,565) (73,755)  
Capital increase related to equity-based compensation 11,108 8,069 18,296 15,810  
Distributions declared (97,424) (92,646) (166,979) (167,819)  
Net income 50,015 41,996 116,130 115,940  
Foreign currency translation adjustment, net of tax 21 66 2,018 (67)  
Unitholders' capital, end of period $ 1,022,739 1,035,253 $ 1,022,739 1,035,253  
Non-controlling Interests in Consolidated Funds          
Increase (decrease) in Stockholders' Equity:          
Unitholders' capital, beginning of period   10,768   30,396  
Distributions declared   (3,033)   (22,833)  
Net income   (1,016)   (844)  
Unitholders' capital, end of period   $ 6,719   $ 6,719  
Class A Units | Common Units          
Increase (decrease) in Stockholders' Equity:          
Unitholders' capital, beginning of period (in shares) 72,928,000 71,172,000 71,662,000 65,310,000  
Issuance of units (in shares) 2,729,000 7,000 4,184,000 6,150,000  
Cancellation of units associated with forfeitures (in shares) (7,000) (4,000) (27,000) (85,000)  
Repurchase and cancellation of units (in shares) (1,000) 0 (170,000) (200,000)  
Unitholders' capital, end of period (in shares) 75,649,000 71,175,000 75,649,000 71,175,000  
Class B Units | Common Units          
Increase (decrease) in Stockholders' Equity:          
Unitholders' capital, beginning of period (in shares) 86,419,000 86,007,000 85,472,000 90,976,000  
Issuance of units (in shares) 418,000 0 1,438,000 114,000  
Cancellation of units associated with forfeitures (in shares) (119,000) 0 119,000    
Cancellation of units (in shares) (2,717,000)   (2,717,000)    
Repurchase and cancellation of units (in shares) 0 0 (73,000) (5,083,000)  
Unitholders' capital, end of period (in shares) 84,001,000 86,007,000 84,001,000 86,007,000  
Series A Preferred Units | Preferred Stock          
Increase (decrease) in Stockholders' Equity:          
Unitholders' capital, beginning of period $ 173,669 $ 0 $ 173,669 $ 0  
Issuance of units (in shares)       173,669,000  
Issuance of units   173,669      
Distributions declared (2,981)   (5,962)    
Net income 2,981   5,962    
Unitholders' capital, end of period 173,669 173,669 173,669 $ 173,669  
Series B Preferred Units | Preferred Stock          
Increase (decrease) in Stockholders' Equity:          
Unitholders' capital, beginning of period 226,915 0 226,915 0  
Distributions declared (3,848)   (7,696)    
Net income 3,848   7,696    
Unitholders' capital, end of period $ 226,915 $ 0 $ 226,915 $ 0