XML 87 R15.htm IDEA: XBRL DOCUMENT v3.25.0.1
OTHER ASSETS
12 Months Ended
Dec. 31, 2024
Other Assets [Abstract]  
OTHER ASSETS
7. OTHER ASSETS

The components of other assets were as follows:
 As of December 31,
 20242023
Other assets of the Company:  
Accounts and interest receivable$169,007 $128,756 
Fixed assets, net177,671 122,223 
Deferred tax assets, net241,894 21,549 
Other assets186,082 157,451 
Total other assets of the Company$774,654 $429,979 
Other assets of Consolidated Funds:  
Dividends and interest receivable$70,657 $88,196 
Income tax and other receivables11,740 12,627 
Total other assets of Consolidated Funds$82,397 $100,823 

Fixed Assets, Net

The components of fixed assets were as follows:
 As of December 31,
 20242023
Office and computer equipment$62,920 $52,681 
Internal-use software29,119 51,226 
Leasehold improvements166,250 134,272 
Fixed assets, at cost258,289 238,179 
Less: accumulated depreciation(80,618)(115,956)
Fixed assets, net$177,671 $122,223 
For the years ended December 31, 2024, 2023 and 2022, depreciation expense was $32.2 million, $31.4 million and $26.2 million, respectively, and is included within general, administrative and other expenses within the Consolidated Statements of Operations. During the year ended December 31, 2024, the Company disposed of $71.5 million of fixed assets that were fully depreciated.