Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Assets
Deferred tax assets	$ 3,096	$ 229,100
Receivable for securities sold	65,346	74,795
Derivative assets, at fair value	6,890	6,502
Total assets	9,264,762	10,432,178
Liabilities:
Operating lease liabilities	45,793
Derivative liabilities, at fair value	4,254	2,961
Total liabilities	6,696,371	6,982,839
Commitments and contingencies (Note 18)
Non-controlling redeemable interests in consolidated funds	866,222	961,622
Unitholders’ capital:
Paid-in capital	750,299	893,043
Retained earnings	51,534	100,683
Accumulated other comprehensive (loss) income	(3,501)	1,053
Unitholders’ capital attributable to Oaktree Capital Group, LLC	1,198,916	1,395,363
Non-controlling interests in consolidated subsidiaries	503,253	1,092,354
Total unitholders’ capital	1,702,169	2,487,717
Total liabilities and unitholders’ capital	9,264,762	10,432,178
Series A Preferred Units
Unitholders’ capital:
Preferred stock	173,669	173,669
Series B Preferred Units
Unitholders’ capital:
Preferred stock	226,915	226,915
Class A Units
Unitholders’ capital:
Common stock	0	0
Class B Units
Unitholders’ capital:
Common stock	0	0
Oaktree Capital Group Excluding Consolidated Funds
Assets
Cash and cash-equivalents	323,550	460,937
U.S. Treasury and other securities	9,232	546,531
Corporate investments (includes $34,934 and $74,899 measured at fair value as of December 31, 2019 and 2018, respectively)	709,137	1,209,764
Due from affiliates	164,189	442,912
Deferred tax assets	3,096	229,100
Investments, at fair value	34,934	74,899
Derivative assets, at fair value		4,038
Other assets	41,198	533,044
Right-of-use assets	39,702
Liabilities:
Accrued compensation expense	130,818	437,966
Accounts payable, accrued expenses and other liabilities	11,316	128,729
Due to affiliates	87,063	188,367
Debt obligations	0	745,945
Operating lease liabilities	45,793
Consolidated Funds
Assets
Cash and cash-equivalents	518,243	370,790
Investments, at fair value	7,358,409	6,531,385
Dividends and interest receivable	25,058	26,792
Due from brokers	0	11,599
Receivable for securities sold	58,622	65,884
Derivative assets, at fair value	6,890	2,464
Other assets	7,436	976
Liabilities:
Accounts payable, accrued expenses and other liabilities	89,937	31,000
Payables for securities purchased	367,983	450,172
Debt obligations	5,767,999	4,127,994
Securities sold short, at fair value	0	2,609
Derivative liabilities, at fair value	2,551	643
Distributions payable	34,434	4,885
Borrowings under credit facilities	$ 158,477	$ 864,529