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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Mar. 31, 2019
Assets    
Cash and cash equivalents $ 50,124 $ 49,357
Restricted cash 3,086 2,233
Fees receivable 30,384 20,320
Prepaid expenses 6,988 4,714
Due from related parties 2,605 2,628
Furniture, fixtures and equipment, net 7,402 8,108
Lease right-of-use assets, net 9,577  
Investments 207,747 154,491
Deferred income taxes 137,941 107,726
Other assets 17,675 11,014
Total assets 473,529 360,591
Liabilities and Equity    
Accounts payable 1,968 2,619
Accrued compensation and benefits 10,804 12,216
Deferred incentive fee revenue 3,704 3,704
Debt 74,524 70,954
Accrued members’ distributions 5,829 17,081
Payable to related parties pursuant to tax receivable agreement 98,956 69,636
Accrued dividend 8,027 5,673
Lease liabilities 10,184  
Other liabilities (includes $13,394 and $0 at fair value) 22,132 8,986
Total liabilities 236,128 190,869
Commitments and Contingencies (Note 16)
Preferred stock, $0.001 par value, 10,000,000 authorized, none issued 0 0
Additional paid-in-capital 107,727 92,482
Total Hamilton Lane Incorporated stockholders’ equity 154,791 110,226
Total equity 237,401 169,722
Total liabilities and equity 473,529 360,591
Common Class A    
Liabilities and Equity    
Common stock 30 27
Common Class B    
Liabilities and Equity    
Common stock 22 24
General Partnerships    
Liabilities and Equity    
Accumulated other comprehensive (loss) income (78) 7
Noncontrolling interests 4,853 5,716
Hamilton Lane Advisors, L.L.C.    
Liabilities and Equity    
Retained earnings 47,090 17,686
Noncontrolling interests $ 77,757 $ 53,780