| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Fund Management Fees | 221.6 | 155.9 | 110.2 | 118.2 |
| Property Management And Leasing Fees | 76.2 | 69.7 | 17.4 | 59.8 |
| Construction Management Fees | 11.0 | 8.3 | 8.2 | 7.3 |
| Other | | 100.3 | | |
| Total revenues | 186.6 | 334.2 | 104.7 | 79.4 |
| Revenue growth | -44.2% | 219.2% | 31.9% | |
| Loss and loss adjustment expenses | 6.5 | 8.1 | 3.1 | 2.6 |
| Other operating expenses | -126.8 | -99.3 | -71.0 | -87.6 |
| General and administrative | 41.1 | 24.8 | 17.2 | 18.0 |
| EBITDA | 300.7 | 426.7 | 174.2 | 168.1 |
| EBITDA margin | 161.1% | 127.7% | 166.4% | 211.7% |
| Depreciation | 2.9 | 2.8 | 3.2 | 2.8 |
| EBIT | 297.8 | 423.9 | 171.0 | 165.3 |
| EBIT margin | 159.6% | 126.8% | 163.3% | 208.2% |
| Interest expense, net [+] | 4.5 | 5.2 | 3.5 | 0.9 |
| Interest expense | 12.3 | 8.5 | 5.1 | 2.8 |
| Interest income | 7.9 | 3.3 | 1.5 | 1.8 |
| Other income (expense), net | 1.2 | -1.7 | 0.5 | -1.8 |
| Pre-tax income | 294.6 | 416.9 | 167.5 | 161.6 |
| Income taxes | 22.2 | 8.3 | 1.0 | 1.0 |
| Tax rate | 7.5% | 2.0% | 0.6% | 0.6% |
| Minority interest | 88.1 | 155.9 | 19.5 | |
| Net income | 184.2 | 252.7 | 146.9 | 140.4 |
| Net margin | 98.7% | 75.6% | 140.3% | 176.8% |
| |
| Basic EPS | $7.70 | $11.22 | | |
| Diluted EPS | $7.70 | $11.22 | | |
| |
| Shares outstanding (basic) | 23.9 | 22.5 | | |
| Shares outstanding (diluted) | 23.9 | 22.5 | | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |