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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 627,237 $ 320,122
Restricted cash and cash equivalents 512,312 487,374
Securities, at estimated fair value 229,206 417,519
Corporate loans, at estimated fair value 3,305,264 5,188,610
Equity investments, at estimated fair value 168,658 262,946
Oil and gas properties, net 110,934 114,868
Interests in joint ventures and partnerships, at estimated fair value 793,996 888,408
Derivative assets 46,447 40,852
Interest and principal receivable 10,937 22,196
Receivable for investments sold 35,522 19,930
Other assets 10,544 25,570
Total assets 5,851,057 7,788,395
Liabilities    
Collateralized loan obligation secured notes, at estimated fair value 3,087,941 4,843,746
Collateralized loan obligation junior notes to affiliates, at estimated fair value 89,607 0
Collateralized loan obligation warehouse facility 20,000 0
Senior notes 123,008 413,006
Junior subordinated notes 250,154 248,498
Payable for investments purchased 315,773 220,085
Accounts payable, accrued expenses and other liabilities 43,297 43,667
Accrued interest payable 14,577 20,619
Related party payable 5,810 3,892
Derivative liabilities 32,705 43,892
Total liabilities 3,982,872 5,837,405
Equity    
Preferred shares, no par value, 50,000,000 shares authorized and 14,950,000 issued and outstanding as of both December 31, 2016 and December 31, 2015 0 0
Common shares, no par value, 500,000,000 shares authorized and 100 shares issued and outstanding as of both December 31, 2016 and December 31, 2015 0 0
Paid-in-capital 2,764,061 2,764,061
Accumulated deficit (967,452) (895,950)
Total KKR Financial Holdings LLC and Subsidiaries shareholders’ equity 1,796,609 1,868,111
Noncontrolling interests 71,576 82,879
Total equity 1,868,185 1,950,990
Total liabilities and equity $ 5,851,057 $ 7,788,395