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 and six months ended June 30, 2017 and 2016 (amounts in thousands):



	Credit					Natural Resources					Other					Reconciling Items(1)				Total Consolidated
	Three months ended June 30, 2017		Three months ended June 30, 2016			Three months ended June 30, 2017			Three months ended June 30, 2016		Three months ended June 30, 2017		Three months ended June 30, 2016			Three months ended June 30, 2017		Three months ended June 30, 2016		Three months ended June 30, 2017			Three months ended June 30, 2016
Total revenues	$	49,406	$	65,905		$	4,256		$	3,257	$	3,960	$	—		$	—	$	—	$	57,622		$	69,162
Total investment costs and expenses	40,735		55,665			2,278			1,894		609		494			—		—		43,622			58,053
Total other income (loss)	29,578		18,756			(7,844		)	8,634		11,190		(2,444		)	—		—		32,924			24,946
Total other expenses	13,532		8,986			484			127		447		79			—		—		14,463			9,192
Income tax expense (benefit)	—		(27		)	—			—		144		(160		)	—		—		144			(187		)
Net income (loss)	$	24,717	$	20,037		$	(6,350	)	$	9,870	$	13,950	$	(2,857	)	$	—	$	—	$	32,317		$	27,050
Net income (loss) attributable to noncontrolling interests	1,841		(1,948		)	(2,100		)	667		—		—			—		—		(259		)	(1,281		)
Net income (loss) attributable to KKR Financial Holdings LLC and Subsidiaries	$	22,876	$	21,985		$	(4,250	)	$	9,203	$	13,950	$	(2,857	)	$	—	$	—	$	32,576		$	28,331


(1)	Consists of incentive fees, insurance expenses and directors’ expenses, if any, which are not allocated to individual segments.



	Credit					Natural Resources						Other					Reconciling Items(1)					Total Consolidated
	Six months ended June 30, 2017		Six months ended June 30, 2016			Six months ended June 30, 2017			Six months ended June 30, 2016			Six months ended June 30, 2017		Six months ended June 30, 2016			Six months ended June 30, 2017			Six months ended June 30, 2016		Six months ended June 30, 2017		Six months ended June 30, 2016
Total revenues	$	92,828	$	143,300		$	7,966		$	5,898		$	3,961	$	9,269		$	—		$	—	$	104,755	$	158,467
Total investment costs and expenses	76,888		106,649			4,203			3,508			810		894			—			—		81,901		111,051
Total other income (loss)	181,965		(155,190		)	(23,427		)	(18,608		)	15,887		(11,138		)	—			—		174,425		(184,936		)
Total other expenses	23,401		32,850			740			257			689		149			20			—		24,850		33,256
Income tax expense (benefit)	6		(4		)	—			—			591		(123		)	—			—		597		(127		)
Net income (loss)	$	174,498	$	(151,385	)	$	(20,404	)	$	(16,475	)	$	17,758	$	(2,789	)	$	(20	)	$	—	$	171,832	$	(170,649	)
Net income (loss) attributable to noncontrolling interests	5,616		(11,659		)	(3,900		)	(5,157		)	—		—			—			—		1,716		(16,816		)
Net income (loss) attributable to KKR Financial Holdings LLC and Subsidiaries	$	168,882	$	(139,726	)	$	(16,504	)	$	(11,318	)	$	17,758	$	(2,789	)	$	(20	)	$	—	$	170,116	$	(153,833	)


(1)	Consists of incentive fees, insurance expenses and directors’ expenses, if any, 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 June 30, 2017 and December 31, 2016 (amounts in thousands):



	Credit				Natural Resources				Other				Reconciling Items				Total Consolidated(1)
As of	June 30, 2017		December 31, 2016		June 30, 2017		December 31, 2016		June 30, 2017		December 31, 2016		June 30, 2017		December 31, 2016		June 30, 2017		December 31, 2016
Total assets	$	5,694,159	$	5,422,560	$	187,841	$	219,516	$	394,361	$	208,981	$	—	$	—	$	6,276,361	$	5,851,057

(1)

Total consolidated assets as of June 30, 2017 included $70.7 million of noncontrolling interests, of which $48.2 million was related to the Credit segment and $22.5 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.