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Investments (Tables)
 9 Months Ended
Sep. 30, 2018
Investments [Abstract]  
Schedule of investments
Investments consist of the following: 
 
As of
 
September 30, 2018
 
December 31, 2017
 
(Dollars in millions)
Accrued performance allocations
$
3,952.7

 
$
3,664.3

Principal equity method investments, excluding performance allocations
1,402.1

 
1,218.4

Principal investments in CLOs and other
453.5

 
405.9

Total investments
$
5,808.3

 
$
5,288.6
Components of accrued performance fees
The components of accrued performance allocations are as follows:
 
 
As of
 
September 30, 2018
 
December 31, 2017
 
(Dollars in millions)
Corporate Private Equity
$
2,289.9

 
$
2,272.4

Real Assets
768.1

 
656.7

Global Credit
58.7

 
50.6

Investment Solutions
836.0

 
684.6

Total
$
3,952.7

 
$
3,664.3
Components of accrued giveback obligations
The components of the accrued giveback obligations are as follows:
 
 
As of
 
September 30, 2018
 
December 31, 2017
 
(Dollars in millions)
Corporate Private Equity
$
(5.0
)
 
$
(8.7
)
Real Assets
(58.2
)
 
(58.1
)
Total
$
(63.2
)
 
$
(66.8
)
Schedule of equity method investments
Principal investments are related to the following segments:
 
 
As of
 
September 30, 2018
 
December 31, 2017
 
(Dollars in millions)
Corporate Private Equity
$
435.3

 
$
369.5

Real Assets
828.5

 
775.1

Global Credit
72.6

 
23.0

Investment Solutions
65.7

 
50.8

Total
$
1,402.1

 
$
1,218.4

The Partnership's investments in NGP as of September 30, 2018 and December 31, 2017 are as follows:
 
As of
 
September 30, 2018
 
December 31, 2017
 
(Dollars in millions)
Investment in NGP Management
$
390.0

 
$
397.7

Investments in NGP general partners - accrued performance allocations
205.3

 
143.2

Principal investments in NGP funds
81.7

 
67.9

Total investments in NGP
$
677.0

 
$
608.8
Schedule of net investment earnings (loss)
The net investment income (loss) recognized in the Partnership’s condensed consolidated statements of operations for the three and nine months ended September 30, 2018 and 2017 were as follows: 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
 
(Dollars in millions)
Management fee-related revenues from NGP Management
$
22.7

 
$
21.3

 
$
66.3

 
$
58.9

Performance allocations from interests in general partners of NGP funds
10.2

 
7.4

 
62.1

 
62.7

Principal investment income from NGP funds
1.4

 
1.6

 
7.6

 
7.8

Expenses related to the investment in NGP Management
(3.0
)
 
(10.6
)
 
(9.0
)
 
(46.2
)
Amortization of basis differences from the investment in NGP Management
(1.7
)
 
(2.1
)
 
(5.3
)
 
(6.4
)
Net investment income
$
29.6

 
$
17.6

 
$
121.7

 
$
76.8
Components of investment income (loss)
The components of investment income (loss) are as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
 
(Dollars in millions)
Performance allocations
$
214.2

 
$
275.2

 
$
947.4

 
$
1,483.7

Principal investment income from equity method investments (excluding performance allocations)
45.1

 
35.9

 
176.6

 
140.2

Principal investment income (loss) from investments in CLOs and other investments
(0.7
)
 
1.3

 
0.1

 
2.3

Total
$
258.6

 
$
312.4

 
$
1,124.1

 
$
1,626.2
Performance fees included in revenues
The performance allocations included in revenues are derived from the following segments: 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
 
(Dollars in millions)
Corporate Private Equity
$
52.2

 
$
159.6

 
$
520.8

 
$
1,147.4

Real Assets
58.2

 
74.5

 
193.3

 
214.0

Global Credit
(0.5
)
 
6.8

 
14.4

 
23.7

Investment Solutions
104.3

 
34.3

 
218.9

 
98.6

Total
$
214.2

 
$
275.2

 
$
947.4

 
$
1,483.7
Schedule of income (loss) from equity-method investments
Carlyle’s income (loss) from its principal investments consists of:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
 
(Dollars in millions)
Corporate Private Equity
$
4.7

 
$
8.8

 
$
28.7

 
$
38.4

Real Assets
34.5

 
24.1

 
139.7

 
95.7

Global Credit
1.7

 
—

 
(2.0
)
 
0.6

Investment Solutions
4.2

 
3.0

 
10.2

 
5.5

Total
$
45.1

 
$
35.9

 
$
176.6

 
$
140.2
Components of interest and other income of consolidated funds
The components of interest and other income of Consolidated Funds are as follows:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
 
(Dollars in millions)
Interest income from investments
$
57.9

 
$
41.8

 
$
155.9

 
$
124.1

Other income
2.6

 
2.9

 
5.5

 
8.5

Total
$
60.5

 
$
44.7

 
$
161.4

 
$
132.6
Components of net investment gains (losses) of consolidated funds
The components of net investment gains (losses) of Consolidated Funds are as follows: 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
 
(Dollars in millions)
Gains (losses) from investments of Consolidated Funds
$
(10.6
)
 
$
(2.5
)
 
$
(52.1
)
 
$
27.1

Gains from liabilities of CLOs
7.7

 
21.1

 
64.1

 
49.3

Total
$
(2.9
)
 
$
18.6

 
$
12.0

 
$
76.4
Schedule of realized and unrealized gains (losses) earned from investments of consolidated funds
The following table presents realized and unrealized gains (losses) earned from investments of the Consolidated Funds:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
 
(Dollars in millions)
Realized losses
$
(2.5
)
 
$
(3.3
)
 
$
(6.8
)
 
$
(9.1
)
Net change in unrealized gains (losses)
(8.1
)
 
0.8

 
(45.3
)
 
36.2

Total
$
(10.6
)
 
$
(2.5
)
 
$
(52.1
)
 
$
27.1