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

12 Months Ended

Dec. 31, 2022

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,
	2022		2021		2020
	(dollars in thousands)
Redeemable non-controlling interests in consolidated subsidiaries and investment funds
Consolidated Funds
Beginning balance	$	—	$	—	$	391,275
Capital contributions	—		—		184,223
Capital distributions	—		—		(181,863)
Deconsolidation of entity	—		—		(360,711)
Income (loss) attributable to non-controlling interests	—		—		(32,924)
Ending balance	—		—		—
Nonredeemable non-controlling interests in consolidated subsidiaries and investment funds
Operating companies
Beginning balance	$	126,105	$	83,818	11,513
Capital contributions	24,417		36,539		9,730
Capital distributions	(10,626)		(7,601)		(5,605)
Consolidation of entity			—		48,596
Income (loss) attributable to non-controlling interests	6,540		13,349		19,584
Ending balance	146,436		126,105		83,818
Consolidated Funds
Beginning balance	33,630		115,806		82,807
Capital contributions	—		19,017		191,493
Capital distributions	—		(21,411)		(72,646)
Deconsolidation of entity	—		(74,813)		(89,889)
Income (loss) attributable to non-controlling interests	(17,143)		(4,969)		4,041
Ending balance	16,487		33,630		115,806
Total Nonredeemable non-controlling interests in consolidated subsidiaries and investment funds	$	162,923	$	159,735	$	199,624