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EARNINGS PER UNIT (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Computations of Net Income (Loss) Per Unit
The computation of net income per Class A unit is set forth below:  
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Net income per Class A unit (basic and diluted):
(in thousands, except per unit amounts)
 
 
 
 
 
 
 
Net income attributable to Oaktree Capital Group, LLC
$
49,047

 
$
19,814

 
$
77,125

 
$
58,067

Weighted average number of Class A units outstanding (basic and diluted)
62,617

 
48,372

 
62,256

 
46,727

Basic and diluted net income per Class A unit
$
0.78

 
$
0.41

 
$
1.24

 
$
1.24