Non-Controlling Interests in Consolidated Subsidiaries and Funds (Tables)

12 Months Ended

Dec. 31, 2021

Noncontrolling Interest [Abstract]

Noncontrolling 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 December 31,
	2021		2020		2019
	(dollars in thousands)
Redeemable non-controlling interests in consolidated subsidiaries and investment funds
Consolidated Funds
Beginning balance	$	—	$	391,275	$	216,923
Capital contributions	—		184,223		266,504
Capital withdrawals	—		(181,863)		(100,594)
Deconsolidation of entity	—		(360,711)		—
Income (loss) attributable to non-controlling interests	—		(32,924)		8,442
Ending balance	—		—		391,275
Nonredeemable non-controlling interests in consolidated subsidiaries and investment funds
Operating companies
Beginning balance	83,818		11,513		7,457
Capital contributions	36,539		9,730		11,108
Capital withdrawals	(7,601)		(5,605)		(3,788)
Consolidation of entity	—		48,596		—
Income (loss) attributable to non-controlling interests	13,349		19,584		(3,264)
Ending balance	126,105		83,818		11,513
Consolidated Funds
Beginning balance	115,806		82,807		57,423
Capital contributions	19,017		191,493		547
Capital withdrawals	(21,411)		(72,646)		(1,224)
Deconsolidation of entity	(74,813)		(89,889)		—
Income (loss) attributable to non-controlling interests	(4,969)		4,041		26,061
Ending balance	33,630		115,806		82,807
Total Nonredeemable non-controlling interests in consolidated subsidiaries and investment funds	$	159,735	$	199,624	$	94,320