Summary of disclosures of financial instruments for which the fair value option was elected |
The following table summarizes the financial instruments for which the fair value option has been elected:
| | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2022 | | December 31, 2021 | | | | | | | | | | | | | Assets | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Asset Management | | | | | | | | | | | | | | | | Credit | $ | 696,906 | | | $ | 2,019,229 | | | | | | | | | | | | | | Investments of Consolidated CFEs | 22,014,866 | | | 22,076,809 | | | | | | | | | | | | | | Real Assets | 207,543 | | | 182,858 | | | | | | | | | | | | | | Equity Method - Other | 1,507,802 | | | 1,601,515 | | | | | | | | | | | | | | Other Investments | 169,492 | | | 197,675 | | | | | | | | | | | | | | Total Asset Management | $ | 24,596,609 | | | $ | 26,078,086 | | | | | | | | | | | | | | Insurance | | | | | | | | | | | | | | | | Mortgage and other loan receivables | $ | 1,007,906 | | | $ | 832,674 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other investments | 174,875 | | | 147,811 | | | | | | | | | | | | | | Reinsurance recoverable | 1,231,957 | | | 1,293,791 | | | | | | | | | | | | | | Total Insurance | $ | 2,414,738 | | | $ | 2,274,276 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total Assets | $ | 27,011,347 | | | $ | 28,352,362 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Liabilities | | | | | | | | | | | | | | | | Asset Management | | | | | | | | | | | | | | | | Debt Obligations of Consolidated CFEs | $ | 21,213,206 | | | $ | 21,271,084 | | | | | | | | | | | | | | Total Asset Management | $ | 21,213,206 | | | $ | 21,271,084 | | | | | | | | | | | | | | Insurance | | | | | | | | | | | | | | | | Policy liabilities | $ | 1,736,399 | | | $ | 1,869,678 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total Insurance | $ | 1,736,399 | | | $ | 1,869,678 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total Liabilities | $ | 22,949,605 | | | $ | 23,140,762 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
The following table presents the net realized and unrealized gains (losses) on financial instruments for which the fair value option was elected: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2022 | | | | | | | | | | | | | | | | | | | Net Realized Gains (Losses) | | Net Unrealized Gains (Losses) | | Total | | | | | Assets | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Asset Management | | | | | | | | | | | | | | | | | | | | | | | Credit | | | | | | | | | | | | | | $ | (37,515) | | | $ | (15,834) | | | $ | (53,349) | | | | | | Investments of Consolidated CFEs | | | | | | | | | | | | | | 2,949 | | | (269,548) | | | (266,599) | | | | | | Real Assets | | | | | | | | | | | | | | 85 | | | 24,685 | | | 24,770 | | | | | | Equity Method - Other | | | | | | | | | | | | | | (16,333) | | | (45,468) | | | (61,801) | | | | | | Other Investments | | | | | | | | | | | | | | 6,308 | | | (7,685) | | | (1,377) | | | | | | Total Asset Management | | | | | | | | | | | | | | $ | (44,506) | | | $ | (313,850) | | | $ | (358,356) | | | | | | Insurance | | | | | | | | | | | | | | | | | | | | | | | Mortgage and other loan receivables | | | | | | | | | | | | | | — | | | (27,015) | | | (27,015) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other investments | | | | | | | | | | | | | | — | | | 27,737 | | | 27,737 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total Insurance | | | | | | | | | | | | | | $ | — | | | $ | 722 | | | $ | 722 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total Assets | | | | | | | | | | | | | | $ | (44,506) | | | $ | (313,128) | | | $ | (357,634) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Liabilities | | | | | | | | | | | | | | | | | | | | | | | Asset Management | | | | | | | | | | | | | | | | | | | | | | | Debt Obligations of Consolidated CFEs | | | | | | | | | | | | | | (785) | | | 226,058 | | | 225,273 | | | | | | Total Asset Management | | | | | | | | | | | | | | $ | (785) | | | $ | 226,058 | | | $ | 225,273 | | | | | | Insurance | | | | | | | | | | | | | | | | | | | | | | | Policy liabilities | | | | | | | | | | | | | | — | | | 42,419 | | | 42,419 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total Insurance | | | | | | | | | | | | | | $ | — | | | $ | 42,419 | | | $ | 42,419 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total Liabilities | | | | | | | | | | | | | | $ | (785) | | | $ | 268,477 | | | $ | 267,692 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2021 | | | | | | | | | | | | | | | | | | | Net Realized Gains (Losses) | | Net Unrealized Gains (Losses) | | Total | | | | | Assets | | | | | | | | | | | | | | | | | | | | | | | Asset Management | | | | | | | | | | | | | | | | | | | | | | | Credit | | | | | | | | | | | | | | $ | (15,689) | | | $ | (18,745) | | | $ | (34,434) | | | | | | Investments of Consolidated CFEs | | | | | | | | | | | | | | (2,628) | | | 128,143 | | | 125,515 | | | | | | Real Assets | | | | | | | | | | | | | | 47 | | | 727 | | | 774 | | | | | | Equity Method - Other | | | | | | | | | | | | | | 984 | | | 229,081 | | | 230,065 | | | | | | Other Investments | | | | | | | | | | | | | | 5,050 | | | 7,004 | | | 12,054 | | | | | | Total Asset Management | | | | | | | | | | | | | | $ | (12,236) | | | $ | 346,210 | | | $ | 333,974 | | | | | | Insurance | | | | | | | | | | | | | | | | | | | | | | | Mortgage and other loan receivables | | | | | | | | | | | | | | — | | | 7,561 | | | 7,561 | | | | | | Other investments | | | | | | | | | | | | | | — | | | 3,866 | | | 3,866 | | | | | | Total Insurance | | | | | | | | | | | | | | — | | | 11,427 | | | 11,427 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total Assets | | | | | | | | | | | | | | $ | (12,236) | | | $ | 357,637 | | | $ | 345,401 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Liabilities | | | | | | | | | | | | | | | | | | | | | | | Asset Management | | | | | | | | | | | | | | | | | | | | | | | Debt Obligations of Consolidated CFEs | | | | | | | | | | | | | | $ | (2,048) | | | $ | (44,096) | | | $ | (46,144) | | | | | | Total Asset Management | | | | | | | | | | | | | | $ | (2,048) | | | $ | (44,096) | | | $ | (46,144) | | | | | | Insurance | | | | | | | | | | | | | | | | | | | | | | | Policy liabilities | | | | | | | | | | | | | | $ | — | | | $ | (65,834) | | | $ | (65,834) | | | | | | Total Insurance | | | | | | | | | | | | | | $ | — | | | $ | (65,834) | | | $ | (65,834) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total Liabilities | | | | | | | | | | | | | | $ | (2,048) | | | $ | (109,930) | | | $ | (111,978) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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