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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net income $ 3,101,893 $ 1,967,112
Adjustments to reconcile net income to net cash provided by operating activities:    
Investment income (9,385) (7,038)
Depreciation and amortization 3,672 3,107
Compensation expense for vesting of OCGH units 19,984 472,550
Net realized and unrealized gains from consolidated funds' investments (2,433,266) (1,215,110)
Amortization of original issue and market discount of consolidated funds investments (61,374) (109,383)
Cash flows due to changes in operating assets and liabilities:    
Increase in other assets (3,204) (9,825)
Decrease in net due to affiliates (9,815) (8,837)
Decrease in accounts payable, other accrued expenses and other liabilities (70,927) (65,075)
Net cash provided by operating activities 2,691,146 2,811,395
Cash flows from investing activities:    
Purchases of U.S. Treasury and government agency securities (129,527) (277,066)
Proceeds from maturities and sales of U.S. Treasury and government agency securities 135,000 45,000
Investments in limited partnerships (7,292) (12,878)
Distributions from limited partnerships 12,468 9,158
Purchases of fixed assets (3,517) (4,167)
Net cash provided by (used in) investing activities 7,132 (239,953)
Cash flows from financing activities:    
Proceeds from issuance of debt obligations   300,000
Payment of debt issuance costs   (2,611)
Repayments of debt obligations (25,714) (36,429)
Purchases of Oaktree Operating Group units (322,935) (39,623)
Distributions to Class A unitholders (26,347) (34,922)
Distributions to OCGH unitholders (166,022) (289,496)
Net cash used in financing activities (2,622,976) (4,647,282)
Effect of exchange rate changes on cash (6,226) 12,210
Net increase (decrease) in cash and cash-equivalents 69,076 (2,063,630)
Cash and cash-equivalents, beginning balance 3,505,659 6,305,754
Cash and cash-equivalents, ending balance 3,574,735 4,242,124
Class A units
   
Cash flows from financing activities:    
Issuance of Class A units 322,260  
Repurchase and cancellation of Class A units (14,132)  
Consolidated funds
   
Cash flows due to changes in operating assets and liabilities:    
Decrease (increase) in dividends and interest receivable 52,945 (478)
Decrease (increase) in due from brokers 66,630 (25,234)
Increase in receivables for securities sold (164,961) (46,995)
Increase (decrease) in payables for securities purchased 42,167 (244,179)
Purchases of securities (6,779,452) (7,479,297)
Proceeds from maturities and sales of securities 8,936,239 9,580,077
Cash flows from financing activities:    
Contributions from non-controlling interests 3,281,270 3,249,993
Distributions to non-controlling interests (5,842,026) (7,808,663)
Borrowings on revolving credit facilities 502,492 192,139
Repayments on revolving credit facilities $ (331,822) $ (177,670)