Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues
Loan interest income	$ 42,420	$ 57,526	$ 81,596	$ 124,434
Securities interest income	1,977	6,892	4,560	11,956
Oil and gas revenue	4,256	3,257	7,966	5,898
Other	8,969	1,487	10,633	16,179
Total revenues	57,622	69,162	104,755	158,467
Investment costs and expenses
Interest expense	35,479	54,389	66,496	105,307
Interest expense to affiliates	5,460	1,009	10,113	1,009
Oil and gas production costs	284	240	531	455
Oil and gas depreciation, depletion and amortization	1,734	1,258	3,232	2,324
Other	665	1,157	1,529	1,956
Total investment costs and expenses	43,622	58,053	81,901	111,051
Other income (loss)
Net realized and unrealized gain (loss) on investments	(13,662)	30,511	103,244	(107,521)
Net realized and unrealized gain (loss) on derivatives and foreign exchange	16,749	(3,180)	22,460	(13,396)
Net realized and unrealized gain (loss) on debt	15,258	(802)	30,474	(63,975)
Net realized and unrealized gain (loss) on debt to affiliates	3,805	(2,984)	1,192	(2,984)
Net gain (loss) on extinguishment of debt	7,868	0	10,283	0
Other income (loss)	2,906	1,401	6,772	2,940
Total other income (loss)	32,924	24,946	174,425	(184,936)
Other expenses
Related party management compensation	8,706	6,767	16,264	14,043
General, administrative and directors' expenses	4,706	1,415	6,373	17,191
Professional services	1,051	1,010	2,213	2,022
Total other expenses	14,463	9,192	24,850	33,256
Income (loss) before income taxes	32,461	26,863	172,429	(170,776)
Income tax expense (benefit)	144	(187)	597	(127)
Net income (loss)	32,317	27,050	171,832	(170,649)
Net income (loss) attributable to noncontrolling interests	(259)	(1,281)	1,716	(16,816)
Net income (loss) attributable to KKR Financial Holdings LLC and Subsidiaries	32,576	28,331	170,116	(153,833)
Preferred share distributions	6,891	6,891	13,782	13,782
Net income (loss) available to common shares	$ 25,685	$ 21,440	$ 156,334	$ (167,615)