Fair value of assets and liabilities - Level 3 Measurement Inputs (Details)
$ in Thousands |
6 Months Ended |
12 Months Ended |
|
|
|
|
|
Jun. 30, 2026
USD ($)
yr
|
Dec. 31, 2025
USD ($)
yr
|
Mar. 31, 2026
USD ($)
|
Jun. 30, 2025
USD ($)
|
Mar. 31, 2025
USD ($)
|
Dec. 31, 2024
USD ($)
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets |
$ 3,184,677
|
$ 5,609,949
|
$ 3,120,499
|
$ 5,544,683
|
$ 5,305,021
|
$ 5,243,917
|
| Due from settlement of capital provision assets |
122,370
|
164,804
|
|
|
|
|
| Asset (liability) fair value |
3,264,408
|
5,005,748
|
|
|
|
|
| Level 3 |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets |
3,180,557
|
5,604,292
|
|
|
|
|
| Due from settlement of capital provision assets |
122,370
|
164,804
|
|
|
|
|
| Asset (liability) cost |
2,656,110
|
2,619,844
|
|
|
|
|
| Asset (Liability) unrealized |
553,817
|
2,290,761
|
|
|
|
|
| Asset (liability) fair value |
3,209,927
|
4,910,605
|
|
|
|
|
| Discount rate | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Due from settlement of capital provision assets, Cost |
122,127
|
160,444
|
|
|
|
|
| Due from settlement of capital provision assets, Unrealized |
243
|
4,360
|
|
|
|
|
| Due from settlement of capital provision assets |
$ 122,370
|
$ 164,804
|
|
|
|
|
| Discount rate | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Due from settlement of capital provision assets, measurement input |
0.066
|
0.062
|
|
|
|
|
| Discount rate | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Due from settlement of capital provision assets, measurement input |
0.066
|
0.062
|
|
|
|
|
| Discount rate | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Due from settlement of capital provision assets, measurement input |
0.066
|
0.062
|
|
|
|
|
| Collection risk | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Due from settlement of capital provision assets, measurement input |
0
|
0.000
|
|
|
|
|
| Collection risk | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Due from settlement of capital provision assets, measurement input |
0
|
0.000
|
|
|
|
|
| Collection risk | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Due from settlement of capital provision assets, measurement input |
0
|
0.000
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, Cost |
$ 2,445,326
|
$ 2,369,887
|
|
|
|
|
| Capital provision assets, Unrealized |
529,197
|
2,265,037
|
|
|
|
|
| Capital provision assets |
2,974,523
|
4,634,924
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | No case milestone: | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, Cost |
1,095,229
|
1,029,323
|
|
|
|
|
| Capital provision assets, Unrealized |
(80,061)
|
21,655
|
|
|
|
|
| Capital provision assets |
1,015,168
|
1,050,978
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | YPF-related assets: | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, Cost |
125,623
|
117,577
|
|
|
|
|
| Capital provision assets, Unrealized |
(24,559)
|
1,571,781
|
|
|
|
|
| Capital provision assets |
$ 101,064
|
$ 1,689,358
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Discount rate | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.051
|
0.046
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Discount rate | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.077
|
0.075
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Discount rate | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.067
|
0.061
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Duration (years) | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input | yr |
0.5
|
0.2
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Duration (years) | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input | yr |
13.8
|
13.0
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Duration (years) | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input | yr |
3.5
|
2.8
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Adjusted risk premium | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.000
|
0.000
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Adjusted risk premium | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
1.000
|
1.000
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Adjusted risk premium | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.486
|
0.311
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Significant ruling or other objective event prior to trial court judgment | Positive case milestone factor: | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, Cost |
$ 153,869
|
$ 162,058
|
|
|
|
|
| Capital provision assets, Unrealized |
114,143
|
114,685
|
|
|
|
|
| Capital provision assets |
$ 268,012
|
$ 276,743
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Significant ruling or other objective event prior to trial court judgment | Positive case milestone factor: | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.050
|
0.050
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Significant ruling or other objective event prior to trial court judgment | Positive case milestone factor: | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.400
|
0.400
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Significant ruling or other objective event prior to trial court judgment | Positive case milestone factor: | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.257
|
0.249
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Significant ruling or other objective event prior to trial court judgment | Negative case milestone factor: | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, Cost |
$ 65,622
|
$ 76,582
|
|
|
|
|
| Capital provision assets, Unrealized |
(44,408)
|
(53,750)
|
|
|
|
|
| Capital provision assets |
$ 21,214
|
$ 22,832
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Significant ruling or other objective event prior to trial court judgment | Negative case milestone factor: | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
(0.400)
|
(0.400)
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Significant ruling or other objective event prior to trial court judgment | Negative case milestone factor: | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
(0.600)
|
(0.600)
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Significant ruling or other objective event prior to trial court judgment | Negative case milestone factor: | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
(0.471)
|
(0.499)
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Trial court judgment or tribunal award | Positive case milestone factor: | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, Cost |
$ 77,118
|
$ 83,550
|
|
|
|
|
| Capital provision assets, Unrealized |
115,923
|
94,354
|
|
|
|
|
| Capital provision assets |
$ 193,041
|
$ 177,904
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Trial court judgment or tribunal award | Positive case milestone factor: | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.250
|
0.250
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Trial court judgment or tribunal award | Positive case milestone factor: | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.600
|
0.600
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Trial court judgment or tribunal award | Positive case milestone factor: | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.569
|
0.541
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Trial court judgment or tribunal award | Negative case milestone factor: | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, Cost |
$ 63,062
|
$ 46,376
|
|
|
|
|
| Capital provision assets, Unrealized |
(30,819)
|
(28,340)
|
|
|
|
|
| Capital provision assets |
$ 32,243
|
$ 18,036
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Trial court judgment or tribunal award | Negative case milestone factor: | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
(0.100)
|
(0.100)
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Trial court judgment or tribunal award | Negative case milestone factor: | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
(0.600)
|
(0.600)
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Trial court judgment or tribunal award | Negative case milestone factor: | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
(0.587)
|
(0.566)
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Appeal judgment | Positive case milestone factor: | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, Cost |
$ 63,040
|
$ 62,916
|
|
|
|
|
| Capital provision assets, Unrealized |
69,428
|
77,731
|
|
|
|
|
| Capital provision assets |
$ 132,468
|
$ 140,647
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Appeal judgment | Positive case milestone factor: | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.676
|
0.686
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Appeal judgment | Positive case milestone factor: | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.800
|
0.800
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Appeal judgment | Positive case milestone factor: | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.693
|
0.700
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Appeal judgment | Negative case milestone factor: | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, Cost |
$ 10,980
|
$ 14,164
|
|
|
|
|
| Capital provision assets, Unrealized |
(12,032)
|
(16,992)
|
|
|
|
|
| Capital provision assets |
$ (1,052)
|
$ (2,828)
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Appeal judgment | Negative case milestone factor: | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
(0.800)
|
(0.800)
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Appeal judgment | Negative case milestone factor: | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
(1.000)
|
(1.000)
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Appeal judgment | Negative case milestone factor: | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
(0.800)
|
(0.800)
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Asset freeze | Positive case milestone factor: | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, Cost |
$ 2,441
|
$ 2,441
|
|
|
|
|
| Capital provision assets, Unrealized |
916
|
830
|
|
|
|
|
| Capital provision assets |
$ 3,357
|
$ 3,271
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Asset freeze | Positive case milestone factor: | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.044
|
0.044
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Asset freeze | Positive case milestone factor: | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.044
|
0.044
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Asset freeze | Positive case milestone factor: | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.044
|
0.044
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Exhaustion of as-of-right appeals | Positive case milestone factor: | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, Cost |
$ 5,000
|
$ 5,000
|
|
|
|
|
| Capital provision assets, Unrealized |
7,526
|
7,350
|
|
|
|
|
| Capital provision assets |
$ 12,526
|
$ 12,350
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Exhaustion of as-of-right appeals | Positive case milestone factor: | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.800
|
0.800
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Exhaustion of as-of-right appeals | Positive case milestone factor: | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.800
|
0.800
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Exhaustion of as-of-right appeals | Positive case milestone factor: | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.800
|
0.800
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Exhaustion of all appeals | Positive case milestone factor: | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, Cost |
$ 79,882
|
$ 79,320
|
|
|
|
|
| Capital provision assets, Unrealized |
52,828
|
119,559
|
|
|
|
|
| Capital provision assets |
$ 132,710
|
$ 198,879
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Exhaustion of all appeals | Positive case milestone factor: | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
1.000
|
1.000
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Exhaustion of all appeals | Positive case milestone factor: | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
1.000
|
1.000
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Exhaustion of all appeals | Positive case milestone factor: | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
1.000
|
1.000
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Settlement | Positive case milestone factor: | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, Cost |
$ 9,417
|
$ 420
|
|
|
|
|
| Capital provision assets, Unrealized |
(2,254)
|
1,379
|
|
|
|
|
| Capital provision assets |
$ 7,163
|
$ 1,799
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Settlement | Positive case milestone factor: | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.800
|
0.400
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Settlement | Positive case milestone factor: | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
1.000
|
0.800
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Settlement | Positive case milestone factor: | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
1.000
|
0.781
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Portfolios with multiple factors | Positive case milestone factor: | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, Cost |
$ 643,086
|
$ 641,286
|
|
|
|
|
| Capital provision assets, Unrealized |
392,387
|
384,916
|
|
|
|
|
| Capital provision assets |
$ 1,035,473
|
$ 1,026,202
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Portfolios with multiple factors | Positive case milestone factor: | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.000
|
0.005
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Portfolios with multiple factors | Positive case milestone factor: | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
1.000
|
1.000
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Portfolios with multiple factors | Positive case milestone factor: | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
0.239
|
0.213
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Portfolios with multiple factors | Negative case milestone factor: | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, Cost |
$ 50,616
|
$ 48,542
|
|
|
|
|
| Capital provision assets, Unrealized |
(29,654)
|
(29,953)
|
|
|
|
|
| Capital provision assets |
$ 20,962
|
$ 18,589
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Portfolios with multiple factors | Negative case milestone factor: | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
(0.100)
|
(0.100)
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Portfolios with multiple factors | Negative case milestone factor: | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
(0.567)
|
(0.800)
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Portfolios with multiple factors | Negative case milestone factor: | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
(0.283)
|
(0.312)
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Other | Positive case milestone factor: | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, Cost |
$ 341
|
$ 332
|
|
|
|
|
| Capital provision assets, Unrealized |
(167)
|
(168)
|
|
|
|
|
| Capital provision assets |
$ 174
|
$ 164
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Other | Positive case milestone factor: | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
1.000
|
1.000
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Other | Positive case milestone factor: | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
1.000
|
1.000
|
|
|
|
|
| Single case, Portfolio, Joint ventures and equity method investments, Legal risk management, Core legal finance (BOF-C)(1), Core legal finance (EP Funds), Financial liabilities relating to third party interests in capital provision assets | Other | Positive case milestone factor: | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Capital provision assets, measurement input |
1.000
|
1.000
|
|
|
|
|
| Lower risk legal finance (Advantage Fund) |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies |
$ 66,982
|
$ 65,688
|
|
|
|
|
| Lower risk legal finance (Advantage Fund) | Level 3 |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies |
66,982
|
65,688
|
|
|
|
|
| Lower risk legal finance (Advantage Fund) | Discount rate | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies, Cost |
57,933
|
58,790
|
|
|
|
|
| Assets of consolidated investment companies, Unrealized |
9,050
|
6,898
|
|
|
|
|
| Assets of consolidated investment companies |
$ 66,983
|
$ 65,688
|
|
|
|
|
| Lower risk legal finance (Advantage Fund) | Discount rate | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies, measurement input |
0.119
|
0.114
|
|
|
|
|
| Lower risk legal finance (Advantage Fund) | Discount rate | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies, measurement input |
0.208
|
0.203
|
|
|
|
|
| Lower risk legal finance (Advantage Fund) | Discount rate | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies, measurement input |
0.148
|
0.143
|
|
|
|
|
| Lower risk legal finance (Advantage Fund) | Duration (years) | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies, measurement input | yr |
0.3
|
0.7
|
|
|
|
|
| Lower risk legal finance (Advantage Fund) | Duration (years) | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies, measurement input | yr |
2.5
|
2.5
|
|
|
|
|
| Lower risk legal finance (Advantage Fund) | Duration (years) | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies, measurement input | yr |
1.1
|
1.3
|
|
|
|
|
| Portfolio with equity risk, Core legal finance (BOF-C) | Discount rate | Discounted cash flow |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies, Cost |
$ 30,724
|
$ 30,723
|
|
|
|
|
| Assets of consolidated investment companies, Unrealized |
15,327
|
14,466
|
|
|
|
|
| Assets of consolidated investment companies |
$ 46,051
|
$ 45,189
|
|
|
|
|
| Portfolio with equity risk, Core legal finance (BOF-C) | Discount rate | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies, measurement input |
0.140
|
0.128
|
|
|
|
|
| Portfolio with equity risk, Core legal finance (BOF-C) | Discount rate | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies, measurement input |
0.140
|
0.128
|
|
|
|
|
| Portfolio with equity risk, Core legal finance (BOF-C) | Discount rate | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies, measurement input |
0.140
|
0.128
|
|
|
|
|
| Portfolio with equity risk, Core legal finance (BOF-C) | Resolution timing (years) | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies, measurement input | yr |
0.3
|
0.8
|
|
|
|
|
| Portfolio with equity risk, Core legal finance (BOF-C) | Resolution timing (years) | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies, measurement input | yr |
2.3
|
2.8
|
|
|
|
|
| Portfolio with equity risk, Core legal finance (BOF-C) | Resolution timing (years) | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies, measurement input | yr |
0.9
|
1.5
|
|
|
|
|
| Portfolio with equity risk, Core legal finance (BOF-C) | Conversion ratio | Discounted cash flow | Minimum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies, measurement input |
0.5
|
0.5
|
|
|
|
|
| Portfolio with equity risk, Core legal finance (BOF-C) | Conversion ratio | Discounted cash flow | Maximum |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies, measurement input |
0.5
|
0.5
|
|
|
|
|
| Portfolio with equity risk, Core legal finance (BOF-C) | Conversion ratio | Discounted cash flow | Weighted average |
|
|
|
|
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
|
|
| Assets of consolidated investment companies, measurement input |
0.5
|
0.5
|
|
|
|
|