| Summary of related party transactions |
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June 30, 2018
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December 31, 2017
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Related party assets
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Receivables (investment management fees)
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$
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22,947
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$
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23,027
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Receivables (fund administration and distribution fees)
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|
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|
3,583
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|
|
3,925
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Investments
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13,032
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|
10,925
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Total
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$
|
39,562
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$
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37,877
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Related party liabilities
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|
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Accounts payable and accrued expenses (fund reimbursements)
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$
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1,139
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$
|
1,155
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Other liabilities (promissory note)
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|
|
|
383
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|
|
671
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Total
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|
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$
|
1,522
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|
$
|
1,826
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Three Months Ended June 30,
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Six Months Ended June 30,
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2018
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2017
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2018
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2017
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Related party revenue
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|
|
|
|
|
|
|
|
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|
|
|
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Investment management fees
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|
|
$
|
66,476
|
|
$
|
62,416
|
|
$
|
132,342
|
|
$
|
123,727
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Fund administration and distribution fees
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|
|
|
15,401
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|
|
16,460
|
|
|
31,235
|
|
|
33,006
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Total
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|
|
$
|
81,877
|
|
$
|
78,876
|
|
$
|
163,577
|
|
$
|
156,733
|
|
|
|
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|
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|
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|
|
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Related party expense
|
|
|
|
|
|
|
|
|
|
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|
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Distribution and other asset-based expenses (fund reimbursements)
|
|
|
$
|
3,347
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|
$
|
3,597
|
|
$
|
6,280
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|
$
|
7,610
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General and administrative
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|
|
|
(6)
|
|
|
288
|
|
|
135
|
|
|
576
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|
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Interest expense and other financing costs (promissory note)
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|
|
|
5
|
|
|
11
|
|
|
11
|
|
|
20
|
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Total
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|
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$
|
3,346
|
|
$
|
3,896
|
|
$
|
6,426
|
|
$
|
8,206
|
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