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GOODWILL AND INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Carrying Value for the Company's Intangible Assets | The following table summarizes the carrying value, net of accumulated amortization, of the Company’s intangible assets:
| Weighted Average Amortization Period (in years) as of December 31, 2023 |  | As of December 31,
|  | 2023 |  | 2022
Management contracts | 4.3 |  | $ | 604,242 |  |  | $ | 586,077 |
Client relationships | 8.5 |  | 200,920 |  |  | 262,301 |
Trade name | N/A |  | — |  |  | 11,079 |
Other | 0.8 |  | 500 |  |  | 500 |
Finite-lived intangible assets |  |  | 805,662 |  |  | 859,957 |
Foreign currency translation |  |  | 1,126 |  |  | 935 |
Total finite-lived intangible assets |  |  | 806,788 |  |  | 860,892 |
Less: accumulated amortization |  |  | (316,093) |  |  | (220,472) |
Finite-lived intangible assets, net |  |  | 490,695 |  |  | 640,420 |
Indefinite-lived management contracts |  |  | 567,800 |  |  | 567,800 |
Intangible assets, net |  |  | $ | 1,058,495 |  |  | $ | 1,208,220 |
Schedule of Estimated Future Annual Amortization of Finite-lived Intangible Assets | As of December 31, 2023, future annual amortization of finite-lived intangible assets for the years 2024 through 2028 and thereafter is estimated to be:
Year | Amortization
2024 | $ | 115,722 |
2025 | 102,987 |
2026 | 77,047 |
2027 | 62,907 |
2028 | 38,904 |
Thereafter | 93,128 |
Total | $ | 490,695 |
Schedule of Goodwill Rollforward | The following table summarizes the carrying value of the Company’s goodwill:
| Credit Group |  | Private Equity Group |  | Real Assets Group |  | Secondaries Group |  | Other |  | Total
Balance as of December 31, 2021 | $ | 32,196 |  |  | $ | 58,600 |  |  | $ | 53,339 |  |  | $ | 417,738 |  |  | $ | 226,099 |  |  | $ | 787,972 |
Acquisitions | — |  |  | — |  |  | 213,314 |  |  | (96) |  |  | — |  |  | 213,218 |
Reallocation | — |  |  | (10,530) |  |  | 10,530 |  |  | — |  |  | — |  |  | — |
Foreign currency translation | — |  |  | — |  |  | — |  |  | (22) |  |  | (1,512) |  |  | (1,534) |
Balance as of December 31, 2022 | 32,196 |  |  | 48,070 |  |  | 277,183 |  |  | 417,620 |  |  | 224,587 |  |  | 999,656 |
Acquisitions | — |  |  | 124,392 |  |  | 22 |  |  | — |  |  | — |  |  | 124,414 |
Reallocation | 224,587 |  |  | — |  |  | — |  |  | — |  |  | (224,587) |  |  | — |
Foreign currency translation | (104) |  |  | — |  |  | — |  |  | 10 |  |  | — |  |  | (94) |
Balance as of December 31, 2023 | $ | 256,679 |  |  | $ | 172,462 |  |  | $ | 277,205 |  |  | $ | 417,630 |  |  | $ | — |  |  | $ | 1,123,976 |

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