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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Assets    
Cash and cash equivalents $ 320,122 $ 163,405
Restricted cash and cash equivalents 487,374 447,507
Securities, at estimated fair value 417,519 638,605
Corporate loans, at estimated fair value 5,188,610 6,506,564
Equity investments, at estimated fair value ($82,430 and $61,543 pledged as collateral as of December 31, 2015 and December 31, 2014, respectively) 262,946 181,378
Oil and gas properties, net 114,868 120,274
Interests in joint ventures and partnerships, at estimated fair value 888,408 718,772
Derivative assets 40,852 33,566
Interest and principal receivable 22,196 54,598
Receivable for investments sold 19,930 57,306
Other assets 25,570 29,650
Total assets 7,788,395 8,951,625
Liabilities    
Collateralized loan obligation secured notes, at estimated fair value 4,843,746 5,501,099
Senior notes 413,006 414,524
Junior subordinated notes 248,498 246,907
Payable for investments purchased 220,085 206,221
Accounts payable, accrued expenses and other liabilities 43,667 14,893
Accrued interest payable 20,619 19,402
Related party payable 3,892 5,404
Derivative liabilities 43,892 55,127
Total liabilities 5,837,405 6,463,577
Equity    
Preferred shares, no par value, 50,000,000 shares authorized and 14,950,000 issued and outstanding as of both December 31, 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 December 31, 2015 and December 31, 2014 0 0
Paid-in-capital 2,764,061 2,764,061
Accumulated deficit (895,950) (376,182)
Total KKR Financial Holdings LLC and Subsidiaries shareholders’ equity 1,868,111 2,387,879
Noncontrolling interests 82,879 100,169
Total equity 1,950,990 2,488,048
Total liabilities and equity $ 7,788,395 $ 8,951,625