Non-Controlling Interests in Consolidated Subsidiaries and Funds

9 Months Ended

Sep. 30, 2020

Noncontrolling Interest [Abstract]

Redeemable Non-Controlling Interests in Consolidated Subsidiaries and Funds

Non-Controlling Interests in Consolidated Subsidiaries and Investment Funds

Redeemable and nonredeemable non-controlling interests in consolidated subsidiaries and investment funds and the related net income (loss) attributable to non-controlling interests in consolidated subsidiaries and investment funds are comprised as follows:

	As of September 30, 2020		As of December 31, 2019
	(dollars in thousands)
Redeemable non-controlling interests in consolidated subsidiaries and investment funds
Consolidated Funds	$	—	$	391,275
Nonredeemable non-controlling interests in consolidated subsidiaries and investment funds
Operating companies	72,569		11,513
Consolidated Funds	197,452		82,807
	$	270,021	$	485,595

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
	(dollars in thousands)
Income (loss) attributable to non-controlling interests in consolidated subsidiaries and investment funds
Operating companies	$	6,283	$	(2,126)	$	9,514	$	(1,586)
Consolidated Funds	2,949		4,896		(29,357)		8,774
	$	9,232	$	2,770	$	(19,843)	$	7,188