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Note 14 - Noncontrolling Interests | 12 Months Ended
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Dec. 31, 2024
Notes to Financial Statements |
Noncontrolling Interest Disclosure [Text Block] | N ote 14 — N oncontrolling I nterests Redeemable Noncontrolling Interests Redeemable noncontrolling interests as of December 31, 2024 and 2023, consisted of the following (in millions):
​ |  | December 31, |
​ |  | 2024 |  |  | 2023 |
Consolidated seeded investment products |  | $ | 365.0 |  |  | $ | 317.2 |
Consolidated Seeded Investment Products ​ Noncontrolling interests in consolidated seeded investment products are classified as redeemable noncontrolling interests when there is an obligation to repurchase units at the investor’s request. ​ Redeemable noncontrolling interests in consolidated seeded investment products may fluctuate from period to period and are impacted by changes in our relative ownership, changes in the amount of third-party investment in seeded products and volatility in the market value of the seeded products’ underlying securities. Third-party redemption of investments in any particular seeded product is redeemed from the respective product’s net assets and cannot be redeemed from the assets of other seeded products or from our other assets. ​ The following table presents the movement in redeemable noncontrolling interests in consolidated seeded investment products for the years ended December 31, 2024, 2023 and 2022 (in millions): ​
​ |  | Year ended December 31, |
​ |  | 2024 |  |  | 2023 |  |  | 2022 |
Opening balance |  | $ | 317.2 |  |  | $ | 233.9 |  |  | $ | 148.5 |
Changes in market value |  |  | 37.5 |  |  |  | 34.8 |  |  |  | (97.9 | )
Changes in ownership |  |  | 15.8 |  |  |  | 46.5 |  |  |  | 184.2 |
Foreign currency translation |  |  | (5.5 | ) |  |  | 2.0 |  |  |  | (0.9 | )
Closing balance |  | $ | 365.0 |  |  | $ | 317.2 |  |  | $ | 233.9 |
Nonredeemable Noncontrolling Interests Nonredeemable noncontrolling interests as of December 31, 2024 and 2023, consisted of the following (in millions):
​ |  | December 31, |
​ |  | 2024 |  |  | 2023 |
VPC |  | $ | 126.5 |  |  | $ | — |

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- Definition The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 810 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/810/tableOfContent + Details
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