REVENUES (Tables)

6 Months Ended

Jun. 30, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Revenue Disaggregated by Fund Structure

Revenues by fund structure and sub-advisory fees are set forth below.

	Three months ended June 30,				Six months ended June 30,
	2023		2022		2023		2022
Management Fees
Closed-end	$	—	$	1,462	$	—	$	2,844
Open-end	—		1,339		—		2,709
Sub-advisory fees	—		60,278		—		117,957
Total	$	—	$	63,079	$	—	$	123,510
	Three months ended June 30,				Six months ended June 30,
	2023		2022		2023		2022
Incentive Income
Closed-end	$	1,864	$	53,345	$	60,963	$	55,600
Evergreen	208		159		510		503
Total	$	2,072	$	53,504	$	61,473	$	56,103

Schedule of Contract Balances

The table below sets forth contract balances for the periods indicated:

	As of
	June 30, 2023		December 31, 2022
Receivables	$	120	$	8,471
Contract assets (1)	—		194,707

(1)    The changes in the balances primarily relate to accruals, net of payments received.