UNITHOLDERS' CAPITAL (Tables)

6 Months Ended

Jun. 30, 2016

Stockholders' Equity Note [Abstract]

Summary of Net Income (Loss)

The following table sets forth a summary of net income attributable to the OCGH unitholders' non-controlling interest and to Class A unitholders:

	Three Months Ended June 30,						Six Months Ended June 30,
	2016			2015			2016			2015
Weighted average Oaktree Operating Group units outstanding (in thousands):
OCGH non-controlling interest	92,440			105,467			92,177			106,813
Class A unitholders	62,617			48,372			62,256			46,727
Total weighted average units outstanding	155,057			153,839			154,433			153,540
Oaktree Operating Group net income:
Net income attributable to OCGH non-controlling interest	$	83,256		$	54,240		$	142,082		$	163,006
Net income attributable to Class A unitholders	56,397			24,878			96,012			70,188
Oaktree Operating Group net income (1)	$	139,653		$	79,118		$	238,094		$	233,194
Net income attributable to Oaktree Capital Group, LLC:
Oaktree Operating Group net income attributable to Class A unitholders	$	56,397		$	24,878		$	96,012		$	70,188
Non-Operating Group expenses	(201		)	(626		)	(465		)	(960		)
Income tax expense of Intermediate Holding Companies	(7,149		)	(4,438		)	(18,422		)	(11,161		)
Net income attributable to Oaktree Capital Group, LLC	$	49,047		$	19,814		$	77,125		$	58,067

(1) Oaktree Operating Group net income does not include amounts attributable to other non-controlling interests, which amounted to $1,212 and $1,269 for the three months ended June 30, 2016 and 2015, respectively, and $2,420 and $604 for the six months ended June 30, 2016, respectively.

Changes in Company Ownership Interest

The change in the Company’s ownership interest in the Oaktree Operating Group is set forth below:

	Three Months Ended June 30,					Six Months Ended June 30,
	2016		2015			2016		2015
Net income attributable to Oaktree Capital Group, LLC	$	49,047	$	19,814		$	77,125	$	58,067
Equity reallocation between controlling and non-controlling interests	645		(559		)	8,126		45,202
Change from net income attributable to Oaktree Capital Group, LLC and transfers from non-controlling interests	$	49,692	$	19,255		$	85,251	$	103,269