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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income $ 457,274 $ 224,002
Adjustments to reconcile net income to net cash used in operating activities:    
Investment income (99,557) (70,447)
Depreciation and amortization 6,828 8,209
Equity-based compensation 29,701 28,622
Net realized and unrealized (gain) loss from consolidated funds’ investments (51,494) 15,890
Amortization (accretion) of original issue and market discount of consolidated funds’ investments, net (1,925) (4,860)
Income distributions from corporate investments in funds and companies 95,987 52,154
Other non-cash items 1,033 608
Cash flows due to changes in operating assets and liabilities:    
Net cash used in operating activities (73,707) (240,507)
Cash flows from investing activities:    
Purchases of U.S. Treasury and time deposit securities (413,029) (473,115)
Proceeds from maturities and sales of U.S. Treasury and time deposit securities 615,599 450,007
Corporate investments in funds and companies (22,799) (37,228)
Distributions and proceeds from corporate investments in funds and companies 133,653 132,159
Purchases of fixed assets (14,030) (4,159)
Net cash provided by investing activities 299,394 67,664
Cash flows from financing activities:    
Net cash provided by financing activities 1,182 178,706
Effect of exchange rate changes on cash 15,733 6,379
Net increase in cash and cash-equivalents 242,602 12,242
Cash and cash-equivalents, beginning balance 959,200 3,331,102
Cash and cash-equivalents, ending balance 1,201,802 631,154
Increase (Decrease) from Adoption of Accounting Standards Update 2015-02 | Adjustment    
Cash flows from financing activities:    
Cash and cash-equivalents, beginning balance 0 (2,712,190)
Oaktree Capital Group Excluding Consolidated Funds    
Cash flows due to changes in operating assets and liabilities:    
Decrease in other assets 9,647 20,175
Increase in net due to affiliates 70,898 116
Decrease in accrued compensation expense (103,821) (150,490)
Increase in accounts payable, accrued expenses and other liabilities 10,862 25,590
Cash flows from financing activities:    
Payment of debt issuance costs 0 (801)
Repayment of debt obligations 0 (50,000)
Repurchase and cancellation of units (9,697) (10,315)
Distributions to Class A unitholders (85,942) (63,547)
Distributions to OCGH unitholders (154,484) (116,193)
Distributions to non-controlling interests (2,342) (3,515)
Cash and cash-equivalents, beginning balance 291,470  
Cash and cash-equivalents, ending balance 600,104  
Consolidated Funds    
Cash flows due to changes in operating assets and liabilities:    
(Increase) decrease in dividends and interest receivable 1,600 (1,622)
Decrease in due from brokers 33,035 20,693
Increase in receivables for securities sold (104,783) (75,113)
Increase in other assets (390) (1,346)
Increase in accounts payable, accrued expenses and other liabilities 7,289 5,479
Increase in payables for securities purchased 230,157 184,080
Purchases of securities (2,623,756) (1,570,440)
Proceeds from maturities and sales of securities 1,957,708 1,048,193
Cash flows from financing activities:    
Payment of debt issuance costs (3,706) (7,974)
Repayment of debt obligations (1,243,433) 0
Contributions from non-controlling interests 95,932 64,321
Distributions to non-controlling interests (32,802) (23,598)
Proceeds from debt obligations issued by CLOs 1,208,863 426,292
Borrowings on credit facilities 254,000 129,885
Repayments on credit facilities (25,207) $ (165,849)
Cash and cash-equivalents, beginning balance 667,730  
Cash and cash-equivalents, ending balance $ 601,698