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Commitments and Contingencies
9 Months Ended
Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
Commitments and Contingencies
The Company has committed to co-invest in certain investment partnerships. As of September 30, 2015, these unfunded commitments were $74.8 million and may be called in future periods. In connection with a past acquisition agreement, the Company is contractually entitled to reimbursement from a prior owner for $15.5 million of these commitments if they are called.
The Company is contingently liable, upon achievement by certain Affiliates of specified financial targets, to make payments through 2019 of up to $72.1 million associated with its consolidated Affiliates and $151.0 million associated with its equity method Affiliates. As of September 30, 2015, the Company expected to make payments of $9.9 million (net present value of $7.1 million) of the $72.1 million related to consolidated Affiliates and expected to make no payments related to the Company’s equity method Affiliates. The Company does not expect to make any payments associated with these contingent arrangements during the remainder of 2015.