XML 69 R53.htm IDEA: XBRL DOCUMENT v3.8.0.1
Fair Value Measurement - Financial Liabilities Measured at Fair Value (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Borrowings     $ 202.6 $ 20.6
Level III        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period $ 3,795.1 $ 3,391.7 3,947.2 17,172.0
Initial consolidation of funds   0.0   (14,250.3)
Borrowings   26.4 1,569.0 671.1
Paydowns (2.3) (119.4) (1,896.4) (369.0)
Deconsolidation of a real estate VIE (72.6)   (72.6)  
Sales   (1.7)   (1.7)
Realized and unrealized (gains) losses, net        
Included in earnings (21.1) 20.6 (46.0) 67.1
Included in other comprehensive income 97.0 36.1 294.9 64.5
Balance, end of period 3,796.1 3,353.7 3,796.1 3,353.7
Changes in unrealized (gains) losses included in earnings related to financial liabilities still held at the reporting date (24.1) 26.7 (53.5) 58.0
Level III | Loans Payable of Consolidated Funds        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 3,721.2 3,284.7 3,866.3 17,046.7
Initial consolidation of funds   0.0   (14,221.3)
Borrowings   26.4 1,569.0 671.1
Paydowns (2.3) (99.0) (1,881.7) (331.4)
Deconsolidation of a real estate VIE 0.0   0.0  
Sales   0.0   0.0
Realized and unrealized (gains) losses, net        
Included in earnings (21.1) 15.8 (49.4) 43.8
Included in other comprehensive income 97.0 25.5 290.6 44.5
Balance, end of period 3,794.8 3,253.4 3,794.8 3,253.4
Changes in unrealized (gains) losses included in earnings related to financial liabilities still held at the reporting date (24.1) 19.5 (53.6) 36.6
Level III | Derivative Instruments of Consolidated Funds        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period   0.3   29.1
Initial consolidation of funds   0.0   (29.0)
Borrowings   0.0   0.0
Paydowns   0.0   0.0
Sales   (1.7)   (1.7)
Realized and unrealized (gains) losses, net        
Included in earnings   1.4   1.6
Included in other comprehensive income   0.0   0.0
Balance, end of period   0.0   0.0
Changes in unrealized (gains) losses included in earnings related to financial liabilities still held at the reporting date   0.0   0.0
Level III | Contingent Consideration        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 1.3 25.0 1.5 20.8
Initial consolidation of funds   0.0   0.0
Borrowings   0.0 0.0 0.0
Paydowns 0.0 (10.0) (0.4) (10.3)
Deconsolidation of a real estate VIE 0.0   0.0  
Sales   0.0   0.0
Realized and unrealized (gains) losses, net        
Included in earnings 0.0 (3.7) 0.1 0.8
Included in other comprehensive income 0.0 0.1 0.1 0.1
Balance, end of period 1.3 11.4 1.3 11.4
Changes in unrealized (gains) losses included in earnings related to financial liabilities still held at the reporting date 0.0 0.1 0.1 0.5
Level III | Loans Payable of a real estate VIE        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 72.6 81.7 79.4 75.4
Initial consolidation of funds   0.0   0.0
Borrowings   0.0 0.0 0.0
Paydowns 0.0 (10.4) (14.3) (27.3)
Deconsolidation of a real estate VIE (72.6)   (72.6)  
Sales   0.0   0.0
Realized and unrealized (gains) losses, net        
Included in earnings 0.0 7.1 3.3 20.9
Included in other comprehensive income 0.0 10.5 4.2 19.9
Balance, end of period 0.0 88.9 0.0 88.9
Changes in unrealized (gains) losses included in earnings related to financial liabilities still held at the reporting date $ 0.0 $ 7.1 $ 0.0 $ 20.9