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Related Party Transactions
12 Months Ended
Dec. 31, 2014
Related Party Transactions [Abstract]  
Related Party Transactions
Related Party Transactions
The Company's Affiliates generally pay quarterly distributions to Affiliate management owners. Distributions paid to Affiliate management owners were $181.4 million, $267.1 million and $569.4 million for the years ended December 31, 2012, 2013 and 2014, respectively.
The Company periodically issues Affiliate equity interests to and repurchases Affiliate equity interests from its Affiliate partners.  The amount paid for repurchases was $8.0 million, $36.9 million, and $32.6 million for the years ended December 31, 2012, 2013 and 2014, respectively.  The total amount received for issuances was $3.3 million, $2.5 million, and $11.0 million for the years ended December 31, 2012, 2013 and 2014, respectively.   
The Company may record amounts receivable and payable to Affiliate partners in connection with the transfer of Affiliate equity interests that have not settled at the end of the period. The Company also has liabilities to related parties for deferred purchase price and contingent payment arrangements in connection with certain business combinations. The total receivable was $21.8 million and $20.8 million at December 31, 2013 and 2014, respectively, and is included in Other assets. The total payable was $56.8 million and $88.6 million as of December 31, 2013 and 2014, respectively, and is included in Other liabilities. The total amount received for such receivables was $7.1 million, $6.9 million, and $9.7 million for the years ended December 31, 2012, 2013 and 2014, respectively.  The total amount paid for such liabilities was $23.3 million, $5.5 million, and $4.4 million for the years ended December 31, 2012, 2013, 2014, respectively. 
Certain investment partnerships on the Company's balance sheet are co-invested in by a prior owner. The Company has reflected the prior owner's interest in these partnerships as either a liability in Other liabilities or as a Non-controlling interest, depending on the structure of the investment. The total liability was $72.9 million and $71.6 million at December 31, 2013 and 2014, respectively. The total non-controlling interest was $22.2 million and $13.5 million at December 31, 2013 and 2014, respectively.
In certain cases, Affiliate management owners and Company officers may serve as trustees or directors of certain mutual funds from which the Affiliate earns advisory fee revenue.