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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues:        
Management fees $ 29,207 $ 31,415 $ 61,227 $ 70,053
Incentive income    6,478 5,048 12,289
Total revenues 29,207 37,893 66,275 82,342
Expenses:        
Compensation and benefits (80,302) (83,919) (164,766) (162,231)
Incentive income compensation expense (60,965) (41,229) (88,722) (94,995)
Compensation expense for vesting of OCGH units (7,795) (235,393) (19,984) (472,550)
Total compensation and benefits expense (149,062) (360,541) (273,472) (729,776)
General, administrative and other expenses (24,166) (27,926) (50,101) (50,404)
Consolidated fund expenses (33,780) (32,917) (51,002) (51,851)
Total expenses (207,008) (421,384) (374,575) (832,031)
Other income (loss):        
Interest expense (11,860) (13,584) (22,850) (26,475)
Interest and dividend income 463,873 800,957 1,003,491 1,535,639
Net realized gain on consolidated funds' investments 733,521 513,583 1,807,659 1,273,844
Net change in unrealized appreciation (depreciation) on consolidated funds investments. (180,216) (737,362) 625,607 (58,734)
Investment income 3,705 4,343 9,385 7,038
Other income, net 6,326 844 8,593 81
Total other income 1,015,349 568,781 3,431,885 2,731,393
Income before income taxes 837,548 185,290 3,123,585 1,981,704
Income taxes (13,925) (7,582) (21,692) (14,592)
Net income 823,623 177,708 3,101,893 1,967,112
Less:        
Net income attributable to non-controlling redeemable interests in consolidated funds (673,673) (279,918) (2,798,445) (2,106,319)
Net (income) loss attributable to OCGH non-controlling interest in consolidated subsidiaries (125,231) 81,851 (260,121) 108,721
Net income (loss) attributable to Oaktree Capital Group, LLC $ 24,719 $ (20,359) $ 43,327 $ (30,486)
Distributions declared per Class A unit $ 0.55 [1] $ 0.64 [1] $ 0.97 [1] $ 1.54 [1]
Income (loss) per unit (basic and diluted):        
Net income (loss) per Class A unit $ 0.84 $ (0.90) $ 1.66 $ (1.34)
Weighted average number of Class A units outstanding 29,586 22,677 26,137 22,677
[1] All references to class A units in these financial statements give effect to the conversion of our previously outstanding 13 class C units into class A units on a one-for-one basis in April 2012