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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Total revenues $ 115,329 $ 59,401
Expenses:    
Compensation and benefits (199) (91)
Incentive income compensation (26,320) (58,538)
Total compensation and benefits expense (26,519) (58,629)
General and administrative (3,389) (1,924)
Consolidated fund expenses (20,575) (14,136)
Total expenses (50,483) (74,689)
Other income (loss):    
Interest expense (22,215) (16,549)
Interest and dividend income 121,384 66,809
Net realized (loss) gain on consolidated funds’ investments (51,776) 31,680
Net change in unrealized appreciation (depreciation) on consolidated funds’ investments 117,474 (25,182)
Investment income 18,240 51,722
Total other income 183,107 108,480
Income before income taxes 247,953 93,192
Income taxes 0 0
Net income 247,953 93,192
Less:    
Net income attributable to Brookfield Oaktree Holdings, LLC 83,615 45,758
Net income attributable to preferred unitholders (6,829) (6,829)
Net income attributable to Brookfield Oaktree Holdings, LLC Class A unitholders $ 76,786 $ 38,929
Distributions declared per Class A unit (in dollars per share) $ 0.14 $ 0.11
Net income per Class A unit (basic and diluted):    
Net income per Class A unit, basic (in dollars per share) 0.70 0.39
Net income per Class A unit, diluted (in dollars per share) $ 0.70 $ 0.39
Weighted average number of Class A units outstanding, basic (in shares) 109,199 99,238
Weighted average number of Class A units outstanding, diluted (in shares) 109,199 99,238
Consolidated Funds    
Less:    
Net income attributable to non-controlling interests $ (111,610) $ (27,734)
Consolidated Subsidiaries    
Less:    
Net income attributable to non-controlling interests $ (52,728) $ (19,700)