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Noncontrolling Interests
 3 Months Ended
Jun. 30, 2016
Noncontrolling Interest [Abstract]  
Noncontrolling Interest Disclosure [Text Block]
11. Noncontrolling Interests

Net income attributable to noncontrolling interests for the three months ended June 30, included the following amounts:
 
 
Three Months Ended June 30,
 
 
2016
 
2015
Net income attributable to redeemable noncontrolling interests
 
$
10,037

 
$
391

Net income attributable to nonredeemable noncontrolling interests
 
1,851

 
—

Total
 
$
11,888

 
$
391



Total redeemable and nonredeemable noncontrolling interests for the three months ended June 30, 2016 included the following amounts:
 
 
Redeemable noncontrolling interests
 
 
 
 
Consolidated investment vehicles(1) and other
 
Affiliate
 
 
 
 
 
 
 
Noncontrolling Interests
 
Management equity plans
 
Total
 
Nonredeemable noncontrolling interests(2)
Value as of March 31, 2016
 
$
94,136

 
$
68,922

 
$
12,727

 
$
175,785

 
$
22,202

Net income attributable to noncontrolling interests
 
2,480

 
7,557

 
—

 
10,037

 
1,851

Net subscriptions (redemptions) and other(3)
 
18,767

 
2,604

 
—

 
21,371

 
—

Distributions
 
—

 
(1,504
)
 
—

 
(1,504
)
 
(802
)
Grants/settlements of affiliate management equity plan interests, net
 
—

 
—

 
6,120

 
6,120

 
—

Business acquisitions
 
—

 
508,500

 
—

 
508,500

 
—

Foreign exchange
 
—

 
(1,998
)
 
—

 
(1,998
)
 
—

Vesting/change in estimated redemption value of affiliate management equity plan interests
 
—

 
—

 
4,251

 
4,251

 
—

Value as of June 30, 2016
 
$
115,383

 
$
584,081

 
$
23,098

 
$
722,562

 
$
23,251

(1) Principally related to VIE and seeded investment products.
(2) Related to Royce management equity plan.
(3)
Includes $37,093 related to the adoption of updated consolidation accounting guidance further discussed in Note 2.

Redeemable and nonredeemable noncontrolling interests by affiliate for the three months ended June 30, 2016, included the following amounts:
 
 
Redeemable noncontrolling interests
 
Nonredeemable noncontrolling interests
 
 
EnTrust-Permal
 
Clarion Partners
 
RARE Infrastructure
 
Other
 
Total
 
Royce
Value as of March 31, 2016
 
$
—

 
$
—

 
$
67,155

 
$
1,767

 
$
68,922

 
$
22,202

Net income attributable to noncontrolling interests
 
4,159

 
2,244

 
1,098

 
56

 
7,557

 
1,851

Subscriptions
 
—

 
—

 
—

 
2,604

 
2,604

 
—

Distributions
 
—

 
—

 
(1,317
)
 
(187
)
 
(1,504
)
 
(802
)
Business acquisitions
 
403,200

 
105,300

 
—

 
—

 
508,500

 
—

Foreign exchange
 
—

 
—

 
(1,998
)
 
—

 
(1,998
)
 
—

Value as of June 30, 2016
 
$
407,359

 
$
107,544

 
$
64,938

 
$
4,240

 
$
584,081

 
$
23,251



Total redeemable noncontrolling interests for the three months ended June 30, 2015 included the following amounts:
 
 
Consolidated investment vehicles(1) and other
 
Affiliate
 
 
 
 
 
Noncontrolling Interests
 
Management equity plans
 
Total
Value as of March 31, 2015
 
$
36,549

 
$
1,949

 
$
7,022

 
$
45,520

Net income attributable to redeemable noncontrolling interests
 
260

 
131

 
—

 
391

Net subscriptions (redemptions)
 
9,428

 
—

 
—

 
9,428

Distributions
 
—

 
(306
)
 
—

 
(306
)
Accretion of/increase in estimated redemption value of affiliate management equity plan interests
 
—

 
—

 
480

 
480

Value as of June 30, 2015
 
$
46,237

 
$
1,774

 
$
7,502

 
$
55,513


(1)
Principally related to VIE and seeded investment products.