Non-Controlling Interests in Consolidated Subsidiaries and Funds

9 Months Ended

Sep. 30, 2021

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, 2021		As of December 31, 2020
	(dollars in thousands)
Nonredeemable non-controlling interests in consolidated subsidiaries and investment funds
Operating companies	124,800		83,818
Consolidated Funds	36,150		115,806
	$	160,950	$	199,624

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
	(dollars in thousands)
Income (loss) attributable to non-controlling interests in consolidated subsidiaries and investment funds
Operating companies	$	(4,708)	$	6,283	$	17,078	$	9,514
Consolidated Funds	(230)		2,949		(3,699)		(29,357)
	$	(4,938)	$	9,232	$	13,379	$	(19,843)