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QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Quarterly Financial Data [Abstract]                      
Revenues $ 43,183 $ 56,786 $ 52,414 $ 42,539 $ 46,802 $ 31,906 $ 29,207 $ 37,068 $ 194,922 $ 144,983 $ 155,770
Expenses (331,859) (214,158) (285,540) (275,505) (248,008) (168,020) (207,008) (167,567) (1,107,062) [1] (790,603) [2] (1,644,864) [3]
Other income 1,989,157 1,247,329 1,285,947 2,626,671 1,560,793 2,356,217 1,015,349 2,416,536 7,149,104 7,348,895 1,201,537
Income before income taxes 1,700,481 1,089,957 1,052,821 2,393,705 1,359,587 2,220,103 837,548 2,286,037 6,236,964 6,703,275 (287,557)
Net income (loss) 1,693,123 1,089,231 1,044,830 2,383,548 1,356,222 2,214,302 823,623 2,278,270 6,210,732 6,672,417 (308,645)
Net income (loss) attributable to Oaktree Capital Group, LLC $ 64,907 $ 42,948 $ 56,577 $ 57,566 $ 39,271 $ 25,212 $ 24,719 $ 18,608 $ 221,998 $ 107,810 $ (95,972)
Basic and diluted net income (loss) per Class A unit (in dollars per share) $ 1.69 $ 1.12 $ 1.71 $ 1.91 $ 1.30 $ 0.84 $ 0.84 $ 0.82 $ 6.35 [4] $ 3.83 [4] $ (4.23) [4]
Distributions declared per Class A unit (in dollars per share) $ 0.74 [4] $ 1.51 [4] $ 1.41 [4] $ 1.05 [4] $ 0.55 [4] $ 0.79 [4] $ 0.55 [4] $ 0.42 [4]      
[1] The expense adjustment consists of (a) equity-based compensation charges of $24,613 related to unit grants made before the Company’s initial public offering, (b) consolidated fund expenses of $105,089, (c) expenses incurred by the Intermediate Holding Companies of $1,195 and (d) the effect of timing differences in the recognition of incentive income compensation expense between adjusted net income and net income attributable to OCG of $46,334.
[2] The expense adjustment consists of (a) equity-based compensation charges of $36,024 related to unit grants made before the Company’s initial public offering, (b) consolidated fund expenses of $91,291 and (c) expenses incurred by the Intermediate Holding Companies of $553.
[3] The expense adjustment consists of (a) equity-based compensation charges of $948,746 related to unit grants made before the Company’s initial public offering, (b) consolidated fund expenses of $106,763 and (c) expenses incurred by the Intermediate Holding Companies of $768.
[4] 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.