Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Revenues
Loan interest income	$ 66,908	$ 75,328
Securities interest income	5,064	15,591
Oil and gas revenue	2,641	2,828
Other	14,692	4,039
Total revenues	89,305	97,786
Investment costs and expenses
Interest expense	50,918	55,845
Oil and gas production costs	215	(48)
Oil and gas depreciation, depletion and amortization	1,066	1,002
Other	799	854
Total investment costs and expenses	52,998	57,653
Other income (loss)
Net realized and unrealized gain (loss) on investments	(138,032)	19,899
Net realized and unrealized gain (loss) on derivatives and foreign exchange	(10,216)	(9,100)
Net realized and unrealized gain (loss) on debt	(63,173)	(83,816)
Other income (loss)	1,539	3,853
Total other income (loss)	(209,882)	(69,164)
Other expenses
Related party management compensation	7,276	10,220
General, administrative and directors' expenses	15,776	5,812
Professional services	1,012	1,136
Total other expenses	24,064	17,168
Income (loss) before income taxes	(197,639)	(46,199)
Income tax expense (benefit)	60	347
Net income (loss)	(197,699)	(46,546)
Net income (loss) attributable to noncontrolling interests	(15,535)	(6,071)
Net income (loss) attributable to KKR Financial Holdings LLC and Subsidiaries	(182,164)	(40,475)
Preferred share distributions	6,891	6,891
Net income (loss) available to common shares	$ (189,055)	$ (47,366)