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Intangible Assets and Goodwill (Tables)
6 Months Ended
Sep. 30, 2011
Intangible Assets And Goodwill Disclosure [Abstract] 
Components of intangible assets
 
 
September 30, 2011
 
March 31, 2011
Amortizable asset management contracts
 
 

 
 

Cost
 
$
206,353

 
$
208,454

Accumulated amortization
 
(164,156
)
 
(155,136
)
Net
 
42,197

 
53,318

Indefinite–life intangible assets
 
 

 
 

Fund management contracts
 
3,753,480

 
3,753,657

Trade names
 
69,800

 
69,800

 
 
3,823,280

 
3,823,457

Intangible assets, net
 
$
3,865,477

 
$
3,876,775

Estimated amortization expense
Remaining 2012
 
$
8,463

2013
 
14,085

2014
 
11,902

2015
 
2,987

2016
 
2,731

Thereafter
 
2,029

Total
 
$
42,197


Changes in carrying value of goodwill
The change in the carrying value of goodwill for the six months ended September 30, 2011, is summarized below:
 
 
 
Gross Book Value
 
Accumulated Impairment
 
Net Book Value
Balance as of March 31, 2011
 
$
2,473,552

 
$
(1,161,900
)
 
$
1,311,652

Impact of excess tax basis amortization
 
(10,605
)
 

 
(10,605
)
Other, including changes in foreign exchange rates
 
(18,999
)
 

 
(18,999
)
Balance as of September 30, 2011
 
$
2,443,948

 
$
(1,161,900
)
 
$
1,282,048