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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Assets    
Cash and cash equivalents $ 489,279 $ 163,405
Restricted cash and cash equivalents 348,383 447,507
Securities, at estimated fair value 447,438 638,605
Corporate loans, at estimated fair value 5,444,004 6,506,564
Equity investments, at estimated fair value ($126,357 and $61,543 pledged as collateral as of September 30, 2015 and December 31, 2014, respectively) 279,346 181,378
Oil and gas properties, net 115,865 120,274
Interests in joint ventures and partnerships, at estimated fair value 655,655 718,772
Derivative assets 34,766 33,566
Interest and principal receivable 24,664 54,598
Receivable for investments sold 34,169 57,306
Other assets 25,874 29,650
Total assets 7,899,443 8,951,625
Liabilities    
Collateralized loan obligation secured notes, at estimated fair value 4,709,138 5,501,099
Collateralized loan obligation warehouse facility 26,063 0
Senior notes 413,394 414,524
Junior subordinated notes 248,160 246,907
Payable for investments purchased 221,873 206,221
Accounts payable, accrued expenses and other liabilities 45,358 14,893
Accrued interest payable 22,436 19,402
Related party payable 4,792 5,404
Derivative liabilities 49,662 55,127
Total liabilities 5,740,876 6,463,577
Equity    
Preferred shares, no par value, 50,000,000 shares authorized and 14,950,000 issued and outstanding as of both September 30, 2015 and December 31, 2014 0 0
Common shares, no par value, 500,000,000 shares authorized and 100 shares issued and outstanding as of both September 30, 2015 and December 31, 2014 0 0
Paid-in-capital 2,764,061 2,764,061
Accumulated deficit (691,447) (376,182)
Total KKR Financial Holdings LLC and Subsidiaries shareholders’ equity 2,072,614 2,387,879
Noncontrolling interests 85,953 100,169
Total equity 2,158,567 2,488,048
Total liabilities and equity $ 7,899,443 $ 8,951,625