Condensed Consolidated Statements of Operations (Unaudited) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2013		Mar. 31, 2012		Apr. 30, 2012 Common Class C [Member]
Revenues:
Management fees	$ 42,539	[1]	$ 32,020	[1]
Incentive income	0	[1]	5,048	[1]
Total revenues	42,539		37,068
Expenses:
Compensation and benefits	(93,715)		(84,464)
Equity-based compensation	(6,452)		(12,189)	[2]
Incentive income compensation	(130,271)		(27,757)
Total compensation and benefits expense	(230,438)		(124,410)
General and administrative	(21,484)		(25,935)
Consolidated fund expenses	(23,583)		(17,222)
Total expenses	(275,505)	[3]	(167,567)	[4]
Other income (loss):
Interest expense	(11,581)	[5]	(10,990)	[5]
Interest and dividend income	406,252		539,618
Net realized gain on consolidated funds’ investments	1,198,260		1,074,138
Net change in unrealized appreciation on consolidated funds’ investments	1,021,517		805,823
Investment income	12,243	[1]	5,680	[1]
Other income (expense), net	(20)		2,267
Total other income	2,626,671		2,416,536
Income before income taxes	2,393,705		2,286,037
Income taxes	(10,157)	[6]	(7,767)	[6]
Net income	2,383,548		2,278,270
Less:
Net income attributable to non-controlling redeemable interests in consolidated funds	(2,063,965)		(2,124,772)
Net income attributable to OCGH non-controlling interest in consolidated subsidiaries	(262,017)	[7]	(134,890)	[7]
Net income attributable to Oaktree Capital Group, LLC	$ 57,566		$ 18,608
Distributions declared per Class A unit (1)	$ 1.05	[8]	$ 0.42	[8]
Net income per unit (basic and diluted):
Net income per Class A unit	$ 1.91		$ 0.82
Weighted average number of Class A units outstanding	30,186,000		22,688,000
Common stock, shares issued					13

[1] The adjustment represents the elimination of amounts attributable to the consolidated funds.

[2] This adjustment adds back the effect of equity-based compensation charges related to unit grants made before the Company’s initial public offering, which is excluded from adjusted net income because it is a non-cash charge that does not affect the Company's financial position.

[3] The expense adjustment consists of: (a) equity-based compensation charges of $5,800 related to unit grants made before the Company’s initial public offering, (b) consolidated fund expenses of $19,224 and (c) expenses incurred by the Intermediate Holding Companies of $210.

[4] The expense adjustment consists of: (a) equity-based compensation charges of $12,189 related to unit grants made before the Company’s initial public offering, (b) consolidated fund expenses of $16,458 and (c) expenses incurred by the Intermediate Holding Companies of $178.

[5] The interest expense adjustment represents the inclusion of interest expense attributable to non-controlling interests of the consolidated funds and the exclusion of segment interest income.

[6] Because adjusted net income is a pre-tax measure, this adjustment eliminates the effect of income tax expense.

[7] Because adjusted net income is calculated at the Operating Group level, this adjustment adds back the effect of items applicable to OCG, its Intermediate Holding Companies or the OCGH non-controlling interest.

[8] All references to Class A units in these financial statements give effect to the conversion of previously outstanding 13 Class C units into Class A units on a one-for-one basis in April 2012.