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Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Consolidated Funds
Common Stock
Investments in unconsolidated Funds
Additional paid-in capital
Investments in unconsolidated Funds
Retained earnings (deficit)
Investments in unconsolidated Funds
Accumulated other comprehensive income (loss)
Investments in unconsolidated Funds
Total stockholders’ equity
Investments in unconsolidated Funds
Non- controlling interests
Investments in unconsolidated Funds
Non- controlling interests
Consolidated Funds
Beginning balance (in shares) at Dec. 31, 2018     105.2            
Beginning balance at Dec. 31, 2018 $ 134.2   $ 0.1 $ 764.6 $ (640.5) $ (20.9) $ 103.3 $ 1.6 $ 29.3
Increase (Decrease) in Stockholders' Equity                  
Issuance of common stock (in shares)     0.2            
Repurchase of common stock (in shares)     (13.8)            
Repurchase of common stock (183.8)     (183.8)     (183.8)    
Capital contributions (redemptions) 4.0 $ 37.3             4.0
Equity-based compensation 4.4     4.4     4.4    
Foreign currency translation adjustment (0.1)         (0.1) (0.1)    
Amortization related to derivative securities, net of tax 1.2         1.2 1.2    
Other changes in non-controlling interests 0.2             0.2  
Dividends (18.4)       (18.4)   (18.4)    
Net income attributable to controlling interests 80.7                
Net income (loss) 80.1       80.7   80.7   (0.6)
Ending balance (in shares) at Jun. 30, 2019     91.6            
Ending balance at Jun. 30, 2019 21.8   $ 0.1 585.2 (578.2) (19.8) (12.7) 1.8 32.7
Beginning balance at Dec. 31, 2018   41.9              
Increase (Decrease) in redeemable non-controlling interest in consolidated Funds                  
Capital contributions (redemptions) 4.0 37.3             4.0
Dividends (18.4)       (18.4)   (18.4)    
Net income (loss)   2.6              
Ending balance at Jun. 30, 2019   81.8              
Beginning balance at Dec. 31, 2018 176.1                
Increase (Decrease) in total equity and redeemable non-controlling interest in consolidated Funds                  
Issuance of common stock 0.0                
Repurchase of common stock (183.8)                
Capital contributions (redemptions) 41.3                
Equity-based compensation 4.4                
Foreign currency translation adjustment (0.1)                
Amortization related to derivative securities, net of tax 1.2                
Dividends (18.4)                
Net income (loss) 82.7                
Ending balance at Jun. 30, 2019 103.6                
Beginning balance (in shares) at Mar. 31, 2019     91.9            
Beginning balance at Mar. 31, 2019 8.4   $ 0.1 587.3 (597.0) (19.8) (29.4) 1.8 36.0
Increase (Decrease) in Stockholders' Equity                  
Repurchase of common stock (in shares)     (0.3)            
Repurchase of common stock (3.3)     (3.3)     (3.3)    
Capital contributions (redemptions) 4.0 37.7             4.0
Equity-based compensation 1.2     1.2     1.2    
Foreign currency translation adjustment (0.6)         (0.6) (0.6)    
Amortization related to derivative securities, net of tax 0.6         0.6 0.6    
Dividends (9.2)       (9.2)   (9.2)    
Net income attributable to controlling interests 28.0                
Net income (loss) 20.7       28.0   28.0   (7.3)
Ending balance (in shares) at Jun. 30, 2019     91.6            
Ending balance at Jun. 30, 2019 21.8   $ 0.1 585.2 (578.2) (19.8) (12.7) 1.8 32.7
Beginning balance at Mar. 31, 2019   43.2              
Increase (Decrease) in redeemable non-controlling interest in consolidated Funds                  
Capital contributions (redemptions) 4.0 37.7             4.0
Dividends (9.2)       (9.2)   (9.2)    
Net income (loss)   0.9              
Ending balance at Jun. 30, 2019   81.8              
Beginning balance at Mar. 31, 2019 51.6                
Increase (Decrease) in total equity and redeemable non-controlling interest in consolidated Funds                  
Repurchase of common stock (3.3)                
Capital contributions (redemptions) 41.7                
Equity-based compensation 1.2                
Foreign currency translation adjustment (0.6)                
Amortization related to derivative securities, net of tax 0.6                
Net de-consolidation of Funds 0.0                
Dividends (9.2)                
Net income (loss) 21.6                
Ending balance at Jun. 30, 2019 103.6                
Beginning balance (in shares) at Dec. 31, 2019     85.9            
Beginning balance at Dec. 31, 2019 114.5   $ 0.1 534.3 (452.5) (17.5) 64.4 1.3 48.8
Increase (Decrease) in Stockholders' Equity                  
Issuance of common stock (in shares)     0.1            
Retirement of common stock (in shares)     (0.2)            
Repurchase of common stock (in shares)     (5.7)            
Repurchase of common stock (35.3)     (35.3)     (35.3)    
Capital contributions (redemptions) 1.1 0.4             1.1
Equity-based compensation 1.6     1.6     1.6    
Foreign currency translation adjustment (1.8)         (1.8) (1.8)    
Amortization related to derivative securities, net of tax 1.1         1.1 1.1    
Other changes in non-controlling interests 0.1             0.1  
Dividends (9.1)       (9.1)   (9.1)    
Net income attributable to controlling interests 51.5                
Net income (loss) 80.4           51.5   28.9
Ending balance (in shares) at Jun. 30, 2020     80.1            
Ending balance at Jun. 30, 2020 152.6   $ 0.1 500.6 (410.1) (18.2) 72.4 1.4 78.8
Beginning balance at Dec. 31, 2019   83.9              
Increase (Decrease) in redeemable non-controlling interest in consolidated Funds                  
Capital contributions (redemptions) 1.1 0.4             1.1
Dividends (9.1)       (9.1)   (9.1)    
Net income (loss)   (4.4)              
Ending balance at Jun. 30, 2020   79.9              
Beginning balance at Dec. 31, 2019 198.4                
Increase (Decrease) in total equity and redeemable non-controlling interest in consolidated Funds                  
Issuance of common stock 0.0                
Repurchase of common stock (35.3)                
Capital contributions (redemptions) 1.5                
Equity-based compensation 1.6                
Foreign currency translation adjustment (1.8)                
Amortization related to derivative securities, net of tax 1.1                
Dividends (9.1)                
Net income (loss) 76.0                
Ending balance at Jun. 30, 2020 232.5                
Beginning balance (in shares) at Mar. 31, 2020     82.5            
Beginning balance at Mar. 31, 2020 119.3   $ 0.1 516.2 (428.3) (19.1) 68.9 1.3 49.1
Increase (Decrease) in Stockholders' Equity                  
Issuance of common stock (in shares)     0.1            
Repurchase of common stock (in shares)     (2.5)            
Repurchase of common stock (16.1)     (16.1)     (16.1)    
Capital contributions (redemptions) 0.9 (0.8)             0.9
Equity-based compensation 0.5     0.5     0.5    
Foreign currency translation adjustment 0.3         0.3 0.3    
Amortization related to derivative securities, net of tax 0.6         0.6 0.6    
Other changes in non-controlling interests 0.1             0.1  
Dividends (0.7)       (0.7)   (0.7)    
Net income attributable to controlling interests 18.9                
Net income (loss) 47.7       18.9   18.9   28.8
Ending balance (in shares) at Jun. 30, 2020     80.1            
Ending balance at Jun. 30, 2020 152.6   $ 0.1 $ 500.6 (410.1) $ (18.2) 72.4 $ 1.4 78.8
Beginning balance at Mar. 31, 2020   74.5              
Increase (Decrease) in redeemable non-controlling interest in consolidated Funds                  
Capital contributions (redemptions) 0.9 (0.8)             $ 0.9
Dividends (0.7)       $ (0.7)   $ (0.7)    
Net income (loss)   6.2              
Ending balance at Jun. 30, 2020   $ 79.9              
Beginning balance at Mar. 31, 2020 193.8                
Increase (Decrease) in total equity and redeemable non-controlling interest in consolidated Funds                  
Issuance of common stock 0.0                
Repurchase of common stock (16.1)                
Capital contributions (redemptions) 0.1                
Equity-based compensation 0.5                
Foreign currency translation adjustment 0.3                
Amortization related to derivative securities, net of tax 0.6                
Dividends (0.7)                
Net income (loss) 53.9                
Ending balance at Jun. 30, 2020 $ 232.5