XML 67 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Mar. 31, 2019
Assets    
Cash and cash equivalents $ 81,599 $ 49,357
Restricted cash 3,095 2,233
Fees receivable 19,456 20,320
Prepaid expenses 4,587 4,714
Due from related parties 2,667 2,628
Furniture, fixtures and equipment, net 7,280 8,108
Lease right-of-use assets, net 8,596  
Investments 193,168 154,491
Deferred income taxes 138,378 107,726
Other assets 10,553 11,014
Total assets 469,379 360,591
Liabilities and Equity    
Accounts payable 2,511 2,619
Accrued compensation and benefits 26,301 12,216
Deferred incentive fee revenue 3,704 3,704
Debt 67,245 70,954
Accrued members’ distributions 10,505 17,081
Payable to related parties pursuant to tax receivable agreement 101,404 69,636
Dividends payable 8,026 5,673
Lease liabilities 9,397  
Other liabilities (includes $16,395 and $0 at fair value) 23,936 8,986
Total liabilities 253,029 190,869
Commitments and Contingencies
Preferred stock, $0.001 par value, 10,000,000 authorized, none issued 0 0
Additional paid-in-capital 109,050 92,482
Accumulated other comprehensive income 2 7
Total Hamilton Lane Incorporated stockholders’ equity 143,573 110,226
Total equity 216,350 169,722
Total liabilities and equity 469,379 360,591
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    
Stockholders' equity attributable to noncontrolling interest 5,441 5,716
Hamilton Lane Advisors, L.L.C.    
Liabilities and Equity    
Retained earnings 34,469 17,686
Stockholders' equity attributable to noncontrolling interest $ 67,336 $ 53,780