Noncontrolling Interests Rollforward (Tables)

6 Months Ended

Sep. 30, 2016

Noncontrolling Interest [Abstract]

Net Income (Loss) Attributable to Noncontrolling Interests [Table Text Block]

	Three Months Ended September 30,					Six Months Ended September 30,
	2016		2015			2016		2015
Net income (loss) attributable to redeemable noncontrolling interests	$	18,235	$	(1,400	)	$	28,272	$	(1,009	)
Net income attributable to nonredeemable noncontrolling interests	1,856		—			3,707		—
Total	$	20,091	$	(1,400	)	$	31,979	$	(1,009	)

Redeemable Noncontrolling Interest [Table Text Block]

Total redeemable and nonredeemable noncontrolling interests for the six months ended September 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)
Balance as of March 31, 2016	$	94,136		$	68,922		$	12,727	$	175,785		$	22,202
Net income attributable to noncontrolling interests	8,166			20,106			—		28,272			3,707
Net subscriptions (redemptions) and other(3)	(42,073		)	2,604			—		(39,469		)	—
Distributions	—			(10,338		)	—		(10,338		)	(2,723		)
Grants/settlements of affiliate management equity plan interests, net	—			—			6,120		6,120			—
Business acquisitions	—			510,500			—		510,500			—
Foreign exchange	—			(59		)	—		(59		)	—
Vesting/change in estimated redemption value of affiliate management equity plan interests	—			—			5,353		5,353			—
Balance as of September 30, 2016	$	60,229		$	591,735		$	24,200	$	676,164		$	23,186

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

(2) Related to Royce management equity plan.

(3) Includes the impact related to the adoption of updated consolidation accounting guidance further discussed in Note 2.

Redeemable noncontrolling interests by affiliate (exclusive of management equity plans) for the six months ended September 30, 2016, included the following amounts:

	Redeemable noncontrolling interests
	EnTrust-Permal			Clarion Partners			RARE Infrastructure			Other			Total
Balance as of March 31, 2016	$	—		$	—		$	67,155		$	1,767		$	68,922
Net income attributable to noncontrolling interests	10,740			5,638			3,364			364			20,106
Subscriptions	—			—			—			2,604			2,604
Distributions	(4,536		)	(2,733		)	(2,703		)	(366		)	(10,338		)
Business acquisitions	403,200			105,300			—			2,000			510,500
Foreign exchange	—			—			(59		)	—			(59		)
Balance as of September 30, 2016	$	409,404		$	108,205		$	67,757		$	6,369		$	591,735

Total redeemable noncontrolling interests for the six months ended September 30, 2015, included the following amounts:

	Consolidated investment vehicles(1) and other			Affiliate
				Noncontrolling Interests			Management equity plans		Total
Balance as of March 31, 2015	$	36,549		$	1,949		$	7,022	$	45,520
Net loss attributable to redeemable noncontrolling interests	(1,331		)	322			—		(1,009		)
Net subscriptions	33,505			—			—		33,505
Distributions	—			(364		)	—		(364		)
Accretion of/increase in estimated redemption value of affiliate management equity plan interests	—			—			826		826
Balance as of September 30, 2015	$	68,723		$	1,907		$	7,848	$	78,478