General form of registration statement for all companies including face-amount certificate companies

Consolidated and Combined Statements of Cash Flows

v3.21.2
Consolidated and Combined Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities              
Net income (loss) including non-controlling interests $ (1,587,340) $ (13,305) $ (1,548,006) $ (21,280)      
Adjustments to reconcile net income (loss) to net cash from operating activities:              
Amortization of intangible assets 21,336 0 21,336 0      
Equity-based compensation     1,158,597 0      
Depreciation and amortization of fixed assets     265 459      
Amortization of debt discounts and deferred financing costs     560 348      
Non-cash lease expense     (117) 0      
Net losses on retirement of debt 16,145 0 16,145 0      
Change in TRA liability 1,146 0 1,146 0      
Change in warrant liability 15,300 0 15,300 0      
Change in Earnout Securities liability 462,970 0 462,970 0      
Deferred income taxes     (29,183) 0      
Changes in operating assets and liabilities:              
Due from related parties     (41,387) 2,769      
Other assets, net     (5,025) 306      
Accrued compensation     6,713 202      
Accounts payable, accrued expenses and other liabilities     (40,994) (6,667)      
Net cash provided by (used in) operating activities     18,320 (23,863)      
Cash flows from investing activities              
Purchase of fixed assets     (533) (42)      
Purchase of investments     (3,450) 0      
Cash consideration paid for Dyal Capital, net of cash consideration received     (973,457) 0      
Net cash provided by (used in) investing activities     (977,440) (42)      
Cash flows from financing activities              
Cash proceeds from the Business Combination     1,738,603 0      
Offering costs related to the Business Combination     (126,309) 0      
Acquisition of noncontrolling interests in the Blue Owl Operating Group in connection with the Business Combination     (491,956) 0      
Proceeds from debt obligations     896,008 102,275      
Debt issuance costs     (9,663) (300)      
Repayments of debt obligations, including prepayment costs     (577,713) (58,765)      
Distributions to members prior to the Business Combination     (51,140) (24,325)      
Contributions from noncontrolling interests     7,171 4,391      
Distributions to noncontrolling interests     (1,478) (176)      
Net cash provided by (used in) financing activities     1,383,523 23,100      
Net increase (decrease) in cash and cash-equivalents     424,403 (805)      
Cash and cash-equivalents, beginning of the period     11,630 7,343 $ 7,343    
Cash and cash-equivalents, end of the period $ 436,033 $ 6,538 436,033 6,538 11,630 $ 7,343  
Supplemental and Non-Cash Information              
Cash paid for interest     13,667 11,559      
Cash paid for income taxes     470 142      
Owl Rock Capital And Subsidiaries And Owl Rock Capital Securities LLC [Member]              
Cash flows from operating activities              
Net income (loss) including non-controlling interests         (82,441) 20,465 $ (2,587)
Adjustments to reconcile net income (loss) to net cash from operating activities:              
Depreciation and amortization         673 829 304
Amortization of deferred financing costs         787 225 397
Deferred income taxes         475 (159) 180
Changes in operating assets and liabilities:              
Due from affiliates, net         (49,824) (12,407) (9,930)
Other assets         (10,222) 2,219 1,315
Accounts payable, accrued expenses and other liabilities         11,153 (6,562) 9,227
Accrued compensation         135,108 39,295 19,880
Net cash provided by (used in) operating activities         5,234 44,064 18,606
Cash flows from investing activities              
Purchase of fixed assets         (652) (1,173) (3,176)
Proceeds from promissory note         (30,000)    
Repayments of promissory note         30,000    
Net cash provided by (used in) investing activities         (652) (1,173) (3,176)
Cash flows from financing activities              
Proceeds from debt obligations         240,547 344,944 124,918
Repayments of debt obligations         (171,458) (83,590) (109,690)
Deferred financing costs         (594) (4,151) (414)
Contributions         9,264 20,042 18,520
Distributions         (78,054) (320,252) (44,849)
Net cash provided by (used in) financing activities         (295) (43,007) (11,515)
Net increase (decrease) in cash and cash-equivalents         4,287 (116) 3,915
Cash and cash-equivalents, beginning of the period     $ 11,630 $ 7,343 7,343 7,459 3,544
Cash and cash-equivalents, end of the period         11,630 7,343 7,459
Supplemental and Non-Cash Information              
Non-cash contributions (capital contribution receivable)         567 1,853 2,606
Cash paid for interest         23,231 2,697 $ 770
Cash paid for income taxes         $ 142 $ 359