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

Commitments and Contingencies (Tables)

v3.21.2
Commitments and Contingencies (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Commitments and Contingencies [Line Items]    
Schedule of Aggregate Estimated Minimum Operating Leases
The table below presents management’s estimate as of June 30, 2021, of the maximum amounts that would be payable under the TRA assuming that the Company will have sufficient taxable income each year to fully realize the expected tax savings. In light of the numerous factors affecting the Company’s obligation to make such payments, the timing and amounts of any such actual payments may differ materially from those presented in the table.
 
(dollars in thousands)
  
Potential Payments Under
the Tax Receivable
Agreement
 
July 1, 2021 to December 31, 2021
   $ —    
2022
     18,710  
2023
     33,871  
2024
     32,089  
2025
     32,703  
Thereafter
     470,546  
  
 
 
 
Total Payments
  
 
587,919
 
Less adjustment to fair value for contingent consideration
     (125,740
  
 
 
 
Total TRA Liability
  
$
462,179
 
  
 
 
 
 
Owl Rock Capital and Subsidiaries and Owl Rock Capital Securities LLC    
Commitments and Contingencies [Line Items]    
Schedule of Aggregate Estimated Minimum Operating Leases  
As of December 31, 2020, aggregate estimated minimum lease commitments under the Company’s operating leases were as follows:
 
Year Ended December 31,
  
Amount
 
2021
   $ 5,882  
2022
     8,354  
2023
     8,101  
2024
     6,000  
2025
     5,923  
Thereafter
         37,061  
  
 
 
 
Total
   $ 71,321