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GOODWILL AND INTANGIBLE ASSETS (Tables) | 9 Months Ended
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Sep. 30, 2024
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 September 30, 2024 |  | As of September 30, |  | As of December 31,
|  | 2024 |  | 2023
Management contracts | 3.9 |  | $ | 563,675 |  |  | $ | 604,242 |
Client relationships | 7.8 |  | 200,920 |  |  | 200,920 |
Other | 0.1 |  | 500 |  |  | 500 |
Finite-lived intangible assets |  |  | 765,095 |  |  | 805,662 |
Foreign currency translation |  |  | 2,615 |  |  | 1,126 |
Total finite-lived intangible assets |  |  | 767,710 |  |  | 806,788 |
Less: accumulated amortization |  |  | (365,534) |  |  | (316,093) |
Finite-lived intangible assets, net |  |  | 402,176 |  |  | 490,695 |
Indefinite-lived management contracts |  |  | 567,800 |  |  | 567,800 |
Intangible assets, net |  |  | $ | 969,976 |  |  | $ | 1,058,495 |
Schedule of Goodwill Rollforward | The following table summarizes the carrying value of the Company’s goodwill:
| Credit Group |  | Real Assets Group |  | Private Equity Group |  | Secondaries Group |  |  |  | Total
Balance as of December 31, 2023 | $ | 256,679 |  |  | $ | 277,205 |  |  | $ | 172,462 |  |  | $ | 417,630 |  |  |  |  | $ | 1,123,976 |
Acquisitions | — |  |  | 6,710 |  |  | 685 |  |  | — |  |  |  |  | 7,395 |
Reallocation | 55,658 |  |  | — |  |  | (55,658) |  |  | — |  |  |  |  | — |
Foreign currency translation | 1,694 |  |  | — |  |  | — |  |  | 9 |  |  |  |  | 1,703 |
Balance as of September 30, 2024 | $ | 314,031 |  |  | $ | 283,915 |  |  | $ | 117,489 |  |  | $ | 417,639 |  |  |  |  | $ | 1,133,074 |

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