XML 67 R50.htm IDEA: XBRL DOCUMENT v3.23.1
FAIR VALUE - Consolidated Funds Summary of Valuation Techniques and Quantitative Information (Details)
$ in Thousands
Mar. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Consolidated Funds    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Real estate investments, at fair value $ 85,305 $ 74,471
Investments, at fair value 4,210,578 3,908,613
Consolidated Funds | Level III(1)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, at fair value 2,667,194 2,390,273
Consolidated Funds | Level III(1) | Recent transaction price | Industrials    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value   4,527
Consolidated Funds | Level III(1) | Comparable Component Valuation Technique | Equity investments:    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity investments, at fair value 27,347  
Consolidated Funds | Level III(1) | Consumer discretionary | Discounted cash flow    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value   16,062
Consolidated Funds | Level III(1) | Consumer discretionary | Recent transaction price    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value   43,934
Consolidated Funds | Level III(1) | Consumer discretionary | Market approach (comparable companies)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value   293
Consolidated Funds | Level III(1) | Energy | Recent market information    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value 2,254  
Consolidated Funds | Level III(1) | Energy | Recent transaction price    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value 104,061 0
Consolidated Funds | Level III(1) | Energy | Market approach (comparable companies)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value   2,676
Consolidated Funds | Level III(1) | Financials | Recent market information    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value 12,744 12,880
Consolidated Funds | Level III(1) | Financials | Recent transaction price    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value 670 $ 6,143
Consolidated Funds | Level III(1) | Financials | Market approach (comparable companies)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value $ 7,840  
Credit-oriented investments, measurement inputs 1.0 1
Consolidated Funds | Level III(1) | Financials | Market approach (comparable companies) | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.9 0.9
Consolidated Funds | Level III(1) | Financials | Market approach (comparable companies) | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 1.0 1.0
Consolidated Funds | Level III(1) | Industrials | Recent market information    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value $ 0 $ 35,124
Consolidated Funds | Level III(1) | Industrials | Recent transaction price    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value 21,643  
Consolidated Funds | Level III(1) | Materials | Recent market information    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value   0
Consolidated Funds | Level III(1) | Materials | Recent transaction price    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value 0 $ 0
Consolidated Funds | Level III(1) | Real estate | Discounted cash flow    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value $ 4,735  
Credit-oriented investments, measurement inputs 0.09 9
Consolidated Funds | Level III(1) | Real estate | Discounted cash flow | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.09 0.09
Consolidated Funds | Level III(1) | Real estate | Discounted cash flow | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.09 0.09
Consolidated Funds | Level III(1) | Real estate | Recent market information    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value $ 40,137 $ 35,525
Consolidated Funds | Level III(1) | Real estate | Recent transaction price    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value 106,581 32,173
Consolidated Funds | Level III(1) | Other: | Recent market information    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value (1,414) (1,137)
Consolidated Funds | Level III(1) | Other: | Recent transaction price    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value 40,408 22,732
Consolidated Funds | Level III(1) | Equity investments: | Recent market information    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity investments, at fair value 75,505 75,181
Consolidated Funds | Level III(1) | Equity investments: | Recent transaction price    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity investments, at fair value 108,463 74,329
Consolidated Funds | Level III(1) | Real estate-oriented investments | Recent transaction price    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Real estate investments, at fair value $ 14,637 7,695
Consolidated Funds | Level III(1) | Communication services | Recent market information    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value   0
Consolidated Funds | Level III(1) | Communication services | Recent transaction price    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value   0
Revenue multiple | Consolidated Funds | Level III(1) | Equity investments: | Discounted cash flow / market approach (comparable companies) | Weighted Average | Equity Investment One    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 7.0  
Revenue multiple | Consolidated Funds | Level III(1) | Equity investments: | Market approach (comparable companies)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity investments, at fair value   $ 83,644
Revenue multiple | Consolidated Funds | Level III(1) | Equity investments: | Market approach (comparable companies) | Equity Investment One    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity investments, at fair value $ 310,874  
Revenue multiple | Consolidated Funds | Level III(1) | Equity investments: | Market approach (comparable companies) | Equity Investment Two    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity investments, at fair value $ 70,365  
Revenue multiple | Consolidated Funds | Level III(1) | Equity investments: | Market approach (comparable companies) | Minimum | Equity Investment One    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 6.0 20
Revenue multiple | Consolidated Funds | Level III(1) | Equity investments: | Market approach (comparable companies) | Minimum | Equity Investment Two    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 2.0 2
Revenue multiple | Consolidated Funds | Level III(1) | Equity investments: | Market approach (comparable companies) | Maximum | Equity Investment One    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 8.0 5
Revenue multiple | Consolidated Funds | Level III(1) | Equity investments: | Market approach (comparable companies) | Maximum | Equity Investment Two    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 4.0 1
Revenue multiple | Consolidated Funds | Level III(1) | Equity investments: | Market approach (comparable companies) | Weighted Average | Equity Investment One    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input   9
Revenue multiple | Consolidated Funds | Level III(1) | Equity investments: | Market approach (comparable companies) | Weighted Average | Equity Investment Two    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 3.0 1.81
Revenue multiple | Consolidated Funds | Level III(1) | Communication services | Market approach (comparable companies)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value   $ 67,500
Discount rate | Level III(1) | Discounted cash flow | Real estate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value   $ 3,643
Discount rate | Consolidated Funds | Level III(1) | Communication services | Discounted cash flow | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs   0.12
Discount rate | Consolidated Funds | Level III(1) | Communication services | Discounted cash flow | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs   0.13
Discount rate | Consolidated Funds | Level III(1) | Communication services | Discounted cash flow | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs   13
Discount rate | Consolidated Funds | Level III(1) | Consumer discretionary | Discounted cash flow    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value $ 59,674  
Discount rate | Consolidated Funds | Level III(1) | Consumer discretionary | Discounted cash flow | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.13 0.12
Discount rate | Consolidated Funds | Level III(1) | Consumer discretionary | Discounted cash flow | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.15 0.15
Discount rate | Consolidated Funds | Level III(1) | Consumer discretionary | Discounted cash flow | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 13 0.14
Discount rate | Consolidated Funds | Level III(1) | Consumer discretionary | Recent market information    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value $ 316  
Discount rate | Consolidated Funds | Level III(1) | Energy | Discounted cash flow    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value $ 32,282 $ 32,765
Discount rate | Consolidated Funds | Level III(1) | Energy | Discounted cash flow | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.13 0.13
Discount rate | Consolidated Funds | Level III(1) | Energy | Discounted cash flow | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.20 0.21
Discount rate | Consolidated Funds | Level III(1) | Energy | Discounted cash flow | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 18 0.18
Discount rate | Consolidated Funds | Level III(1) | Financials | Discounted cash flow    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value $ 70,478 $ 66,204
Discount rate | Consolidated Funds | Level III(1) | Financials | Discounted cash flow | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.12 0.12
Discount rate | Consolidated Funds | Level III(1) | Financials | Discounted cash flow | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.42 0.19
Discount rate | Consolidated Funds | Level III(1) | Financials | Discounted cash flow | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 19 0.15
Discount rate | Consolidated Funds | Level III(1) | Industrials | Discounted cash flow    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value $ 22,735 $ 9,875
Discount rate | Consolidated Funds | Level III(1) | Industrials | Discounted cash flow | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.12 0.12
Discount rate | Consolidated Funds | Level III(1) | Industrials | Discounted cash flow | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.16 0.15
Discount rate | Consolidated Funds | Level III(1) | Industrials | Discounted cash flow | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.13 0.14
Discount rate | Consolidated Funds | Level III(1) | Materials | Discounted cash flow    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value $ 197,397 $ 197,427
Discount rate | Consolidated Funds | Level III(1) | Materials | Discounted cash flow | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.10 0.10
Discount rate | Consolidated Funds | Level III(1) | Materials | Discounted cash flow | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.14 0.14
Discount rate | Consolidated Funds | Level III(1) | Materials | Discounted cash flow | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.12 0.12
Discount rate | Consolidated Funds | Level III(1) | Real estate | Discounted cash flow    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value $ 140,381  
Discount rate | Consolidated Funds | Level III(1) | Real estate | Discounted cash flow | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.10 0.10
Discount rate | Consolidated Funds | Level III(1) | Real estate | Discounted cash flow | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.18 0.18
Discount rate | Consolidated Funds | Level III(1) | Real estate | Discounted cash flow | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 13 14
Discount rate | Consolidated Funds | Level III(1) | Equity investments: | Discounted cash flow    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity investments, at fair value $ 220,395 $ 214,172
Discount rate | Consolidated Funds | Level III(1) | Equity investments: | Discounted cash flow | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 0.12 0.21
Discount rate | Consolidated Funds | Level III(1) | Equity investments: | Discounted cash flow | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 0.22 0.12
Discount rate | Consolidated Funds | Level III(1) | Equity investments: | Discounted cash flow | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 20 0.19
Discount rate | Consolidated Funds | Level III(1) | Equity investments: | Discounted cash flow / market approach (comparable companies)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity investments, at fair value $ 29,567  
Equity securities, FV-NI, measurement input   14
Discount rate | Consolidated Funds | Level III(1) | Equity investments: | Discounted cash flow / market approach (comparable companies) | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 0.13 0.14
Discount rate | Consolidated Funds | Level III(1) | Equity investments: | Discounted cash flow / market approach (comparable companies) | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 0.13 0.14
Discount rate | Consolidated Funds | Level III(1) | Equity investments: | Discounted cash flow / market approach (comparable companies) | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 0.13  
Discount rate | Consolidated Funds | Level III(1) | Real estate-oriented investments | Discounted cash flow    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Real estate investments, at fair value $ 70,669 $ 66,776
Discount rate | Consolidated Funds | Level III(1) | Real estate-oriented investments | Discounted cash flow | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 0.23 0.14
Discount rate | Consolidated Funds | Level III(1) | Real estate-oriented investments | Discounted cash flow | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 0.25 0.25
Discount rate | Consolidated Funds | Level III(1) | Real estate-oriented investments | Discounted cash flow | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 24 0.18
Multiple of underlying assets | Consolidated Funds | Level III(1) | Industrials | Market approach (comparable companies)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value $ 35,531  
Multiple of underlying assets | Consolidated Funds | Level III(1) | Industrials | Market approach (comparable companies) | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.9 1.0
Multiple of underlying assets | Consolidated Funds | Level III(1) | Industrials | Market approach (comparable companies) | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 1.0 0.9
Multiple of underlying assets | Consolidated Funds | Level III(1) | Industrials | Market approach (comparable companies) | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 1.0 1
Multiple of underlying assets | Consolidated Funds | Level III(1) | Real estate | Market approach (comparable companies)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value $ 291,026 $ 302,179
Multiple of underlying assets | Consolidated Funds | Level III(1) | Real estate | Market approach (comparable companies) | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.2 1.0
Multiple of underlying assets | Consolidated Funds | Level III(1) | Real estate | Market approach (comparable companies) | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 1.0 0.76
Multiple of underlying assets | Consolidated Funds | Level III(1) | Real estate | Market approach (comparable companies) | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, measurement inputs 0.9 0.95
Multiple of underlying assets | Consolidated Funds | Level III(1) | Other: | Market approach (comparable companies)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Credit-oriented investments, at fair value   $ 31,474
Multiple of underlying assets | Consolidated Funds | Level III(1) | Equity investments: | Market approach (comparable companies)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity investments, at fair value $ 577,240 $ 582,299
Multiple of underlying assets | Consolidated Funds | Level III(1) | Equity investments: | Market approach (comparable companies) | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 1.0 0.9
Multiple of underlying assets | Consolidated Funds | Level III(1) | Equity investments: | Market approach (comparable companies) | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 2.0 1.1
Multiple of underlying assets | Consolidated Funds | Level III(1) | Equity investments: | Market approach (comparable companies) | Weighted Average    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 1.0 1
Earning Multiple | Consolidated Funds | Level III(1) | Equity investments: | Market approach (comparable companies)    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity investments, at fair value   $ 336,831
Earning Multiple | Consolidated Funds | Level III(1) | Equity investments: | Market approach (comparable companies) | Minimum | Equity Investment One    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 5.0  
Earning Multiple | Consolidated Funds | Level III(1) | Equity investments: | Market approach (comparable companies) | Maximum | Equity Investment One    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 20.0  
Earning Multiple | Consolidated Funds | Level III(1) | Equity investments: | Market approach (comparable companies) | Weighted Average | Equity Investment One    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Equity securities, FV-NI, measurement input 8.5