Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Assets
Cash and cash equivalents	$ 242,557	$ 163,405
Restricted cash and cash equivalents	506,036	447,507
Securities, at estimated fair value	592,270	638,605
Corporate loans, at estimated fair value	6,031,524	6,506,564
Equity investments, at estimated fair value ($86,047 and $61,543 pledged as collateral as of March 31, 2015 and December 31, 2014, respectively)	201,593	181,378
Oil and gas properties, net	119,272	120,274
Interests in joint ventures and partnerships, at estimated fair value	719,290	718,772
Derivative assets	72,867	33,566
Interest and principal receivable	67,226	54,598
Receivable for investments sold	129,833	57,306
Other assets	44,696	29,650
Total assets	8,727,164	8,951,625
Liabilities
Collateralized loan obligation secured notes, at estimated fair value	5,255,834	5,501,099
Collateralized loan obligation warehouse facility	50,000	0
Senior notes	414,152	414,524
Junior subordinated notes	247,320	246,907
Payable for investments purchased	253,701	206,221
Accounts payable, accrued expenses and other liabilities	36,105	14,893
Accrued interest payable	27,298	19,402
Related party payable	7,538	5,404
Derivative liabilities	55,562	55,127
Total liabilities	6,347,510	6,463,577
Equity
Preferred shares, no par value, 50,000,000 shares authorized and 14,950,000 issued and outstanding as of both March 31, 2015 and December 31, 2014	0	0
Common shares, no par value, 500,000,000 shares authorized and 100 shares issued and outstanding as of both March 31, 2015 and December 31, 2014	0	0
Paid-in-capital	2,764,061	2,764,061
Accumulated deficit	(480,588)	(376,182)
Total KKR Financial Holdings LLC and Subsidiaries shareholders’ equity	2,283,473	2,387,879
Noncontrolling interests	96,181	100,169
Total equity	2,379,654	2,488,048
Total liabilities and equity	$ 8,727,164	$ 8,951,625