SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Schedule showing net income (loss) components and total assets of reportable segments reconciled to amounts reflected in the condensed consolidated financial statements

The following table presents the net income (loss) components of our reportable segments reconciled to amounts reflected in the condensed consolidated statements of operations for the three months ended March 31, 2017 and 2016 (amounts in thousands):

	Credit					Natural Resources						Other					Reconciling Items(1)					Total Consolidated
	Three months ended March 31, 2017		Three months ended March 31, 2016			Three months ended March 31, 2017			Three months ended March 31, 2016			Three months ended March 31, 2017		Three months ended March 31, 2016			Three months ended March 31, 2017			Three months ended March 31, 2016		Three months ended March 31, 2017		Three months ended March 31, 2016
Total revenues	$	43,422	$	77,395		$	3,710		$	2,641		$	1	$	9,269		$	—		$	—	$	47,133	$	89,305
Total investment costs and expenses	36,153		50,984			1,925			1,614			201		400			—			—		38,279		52,998
Total other income (loss)	152,387		(173,946		)	(15,583		)	(27,242		)	4,697		(8,694		)	—			—		141,501		(209,882		)
Total other expenses	9,869		23,864			256			130			242		70			20			—		10,387		24,064
Income tax expense (benefit)	6		23			—			—			447		37			—			—		453		60
Net income (loss)	$	149,781	$	(171,422	)	$	(14,054	)	$	(26,345	)	$	3,808	$	68		$	(20	)	$	—	$	139,515	$	(197,699	)
Net income (loss) attributable to noncontrolling interests	3,775		(9,711		)	(1,800		)	(5,824		)	—		—			—			—		1,975		(15,535		)
Net income (loss) attributable to KKR Financial Holdings LLC and Subsidiaries	$	146,006	$	(161,711	)	$	(12,254	)	$	(20,521	)	$	3,808	$	68		$	(20	)	$	—	$	137,540	$	(182,164	)

(1) Consists of directors’ expenses which are not allocated to individual segments.

The following table shows total assets of our reportable segments reconciled to amounts reflected in the condensed consolidated balance sheets as of March 31, 2017 and December 31, 2016 (amounts in thousands):

	Credit				Natural Resources				Other				Reconciling Items				Total Consolidated(1)
As of	March 31, 2017		December 31, 2016		March 31, 2017		December 31, 2016		March 31, 2017		December 31, 2016		March 31, 2017		December 31, 2016		March 31, 2017		December 31, 2016
Total assets	$	5,604,492	$	5,422,560	$	198,499	$	219,516	$	203,945	$	208,981	$	—	$	—	$	6,006,936	$	5,851,057

(1) Total consolidated assets as of March 31, 2017 included $72.7 million of noncontrolling interests, of which $47.7 million was related to the Credit segment and $25.0 million was related to the Natural Resources segment. Total consolidated assets as of December 31, 2016 included $71.6 million of noncontrolling interests, of which $43.4 million was related to the Credit segment and $28.2 million was related to the Natural Resources segment.