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Related-Party Transactions
3 Months Ended
Jun. 30, 2018
Related Party Transactions [Abstract]  
Related-Party Transactions
Related-Party Transactions

The Company has investment management agreements with various specialized funds and customized separate accounts that it manages. The Company earned management and advisory fees from Partnerships of $30,593 and $32,867 for the three months ended June 30, 2018 and 2017, respectively. The Company earned incentive fees from Partnerships of $11,892 and $598 for the three months ended June 30, 2018 and 2017, respectively.

The Company entered into a service agreement on June 1, 2017 with its joint venture pursuant to which it had expenses of $1,195 for the three months ended June 30, 2018 that are included in general, administrative and other expenses in the Condensed Consolidated Statements of Income. The Company also has a payable to the joint venture of $405 and $393 as of June 30, 2018 and March 31, 2018, respectively, which is included in other liabilities in the Condensed Consolidated Balance Sheets.

Due from related parties in the Condensed Consolidated Balance Sheets consists primarily of advances made on behalf of the Partnerships for the payment of certain operating costs and expenses for which the Company is subsequently reimbursed and refundable tax distributions made to members.

Fees receivable from the Partnerships were $6,446 and $1,929 as of June 30, 2018 and March 31, 2018, respectively, and are included in fees receivable in the Condensed Consolidated Balance Sheets.