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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:    
Net income $ 2,383,548 $ 2,278,270
Adjustments to reconcile net income to net cash provided by operating activities:    
Investment income (12,243) [1] (5,680) [1]
Depreciation and amortization 1,743 1,787
Equity-based compensation 6,452 12,189 [2]
Net realized and unrealized gains from consolidated funds' investments (2,219,777) (1,879,961)
Amortization of original issue and market discount of consolidated funds' investments (31,089) (27,948)
Income distributions from corporate investments in companies 17,490 0
Cash flows due to changes in operating assets and liabilities:    
Increase in other assets (104,354) (1,254)
Decrease in net due to affiliates (7,294) (6,360)
Decrease in accounts payable, other accrued expenses and other liabilities (9,023) (78,528)
Net cash provided by operating activities 2,257,110 2,029,108
Cash flows from investing activities:    
Purchases of U.S. Treasury and government agency securities (70,146) (69,855)
Proceeds from maturities and sales of U.S. Treasury and government agency securities 90,000 80,000
Corporate investments in funds and companies (1,957) (2,100)
Distributions from corporate investments in funds and companies 8 3,891
Purchases of fixed assets (126) (2,872)
Net cash provided by investing activities 17,779 9,064
Cash flows from financing activities:    
Repayments of debt obligations (6,250) (7,500)
Purchase of Oaktree Operating Group units (833) (675)
Distributions to Class A unitholders (31,690) (9,528)
Distributions to OCGH unitholders (152,740) (78,239)
Net cash used in financing activities (1,495,006) (1,609,219)
Effect of exchange rate changes on cash (8,498) 2,163
Net increase in cash and cash-equivalents 771,385 431,116
Cash and cash-equivalents, beginning balance 2,928,526 3,505,659
Cash and cash-equivalents, ending balance 3,699,911 3,936,775
Consolidated funds [Member]
   
Cash flows due to changes in operating assets and liabilities:    
(Increase) decrease in dividends and interest receivable (23,777) 20,081
Decrease in due from brokers 28,168 81,469
Increase in receivables for securities sold (735,889) (182,465)
Increase in payables for securities purchased 394,163 394,837
Purchases of securities (3,569,137) (3,327,170)
Proceeds from maturities and sales of securities 6,138,129 4,749,841
Cash flows from financing activities:    
Contributions from non-controlling interests 1,614,894 1,257,508
Distributions to non-controlling interests (3,256,759) (2,968,352)
Borrowings on credit facilities 857,259 250,948
Repayments on credit facilities $ (518,887) $ (53,381)
[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.