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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues        
Fund management fees $ 262,500,000 $ 255,100,000 $ 747,600,000 $ 817,100,000
Performance fees        
Realized 411,800,000 383,400,000 852,700,000 905,100,000
Unrealized (126,200,000) (168,700,000) 658,100,000 (334,300,000)
Total performance fees 285,600,000 214,700,000 1,510,800,000 570,800,000
Investment income        
Realized 15,500,000 40,700,000 42,000,000 92,200,000
Unrealized 21,700,000 29,800,000 100,500,000 34,000,000
Total investment income 37,200,000 70,500,000 142,500,000 126,200,000
Interest and other income 9,900,000 5,300,000 25,900,000 15,000,000
Interest and other income of Consolidated Funds 44,700,000 43,000,000 132,600,000 107,800,000
Revenue of a real estate VIE 0 18,700,000 109,000,000 61,500,000
Total revenues 639,900,000 607,300,000 2,668,400,000 1,698,400,000
Compensation and benefits        
Base compensation 174,100,000 154,300,000 471,100,000 470,500,000
Equity-based compensation 81,000,000 81,400,000 241,800,000 265,800,000
Performance fee related        
Realized 189,400,000 189,000,000 401,900,000 423,000,000
Unrealized (51,800,000) (78,100,000) 309,900,000 (146,100,000)
Total compensation and benefits 392,700,000 346,600,000 1,424,700,000 1,013,200,000
General, administrative and other expenses (18,700,000) 188,900,000 170,900,000 362,600,000
Interest 16,900,000 15,600,000 48,400,000 46,300,000
Interest and other expenses of Consolidated Funds 37,200,000 32,300,000 160,900,000 87,300,000
Interest and other expenses of a real estate VIE and loss on deconsolidation 64,500,000 82,100,000 202,500,000 157,900,000
Other non-operating (income) expenses 0 (3,700,000) 100,000 800,000
Total expenses 492,600,000 661,800,000 2,007,500,000 1,668,100,000
Other income        
Net investment gains of Consolidated Funds 18,600,000 4,800,000 76,400,000 3,100,000
Income (loss) before provision for income taxes 165,900,000 (49,700,000) 737,300,000 33,400,000
Provision (benefit) for income taxes (1,300,000) 1,000,000 17,700,000 32,700,000
Net income (loss) 167,200,000 (50,700,000) 719,600,000 700,000
Net income (loss) attributable to non-controlling interests in consolidated entities 27,600,000 (29,100,000) 47,400,000 (29,800,000)
Net income (loss) attributable to Carlyle Holdings 139,600,000 (21,600,000) 672,200,000 30,500,000
Net income (loss) attributable to non-controlling interests in Carlyle Holdings 95,000,000 (22,400,000) 487,000,000 15,200,000
Net income attributable to The Carlyle Group L.P. $ 44,600,000 $ 800,000 $ 185,200,000 $ 15,300,000
Net income attributable to The Carlyle Group L.P. per common unit (see Note 13)        
Basic (usd per share) $ 0.47 $ 0.01 $ 2.06 $ 0.19
Diluted (usd per share) $ 0.43 $ (0.02) $ 1.90 $ 0.08
Weighted-average common units        
Basic (in shares) 95,198,102 83,602,503 89,815,112 82,062,633
Diluted (in shares) 334,392,424 312,534,968 97,538,190 306,981,103
Distributions declared per common unit (usd per share) $ 0.42 $ 0.63 $ 0.68 $ 1.18