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MANAGEMENT AGREEMENT AND RELATED PARTY TRANSACTIONS (Details 2) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Successor Company | Manager | Base Management Fees    
Management Agreement and Related Party Transactions    
Base management fees, gross $ 8,491kfn_RelatedPartyTransactionExpensesFromTransactionsWithRelatedPartyManagementFees
/ us-gaap_RelatedPartyTransactionAxis
= kfn_BaseManagementFeesMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= kfn_ManagerMember
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
CLO management fees credit (4,438)kfn_RelatedPartyTransactionRelatedPartyCLOManagementFeesCredit
/ us-gaap_RelatedPartyTransactionAxis
= kfn_BaseManagementFeesMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= kfn_ManagerMember
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Total base management fees, net 4,053us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
/ us-gaap_RelatedPartyTransactionAxis
= kfn_BaseManagementFeesMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= kfn_ManagerMember
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Successor Company | Collateral manager | CLO Management Fees    
Management Agreement and Related Party Transactions    
Base management fees, gross 1,729kfn_RelatedPartyTransactionExpensesFromTransactionsWithRelatedPartyManagementFees
/ us-gaap_RelatedPartyTransactionAxis
= kfn_CLOManagementFeesMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= kfn_CollateralManagerMember
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
CLO management fees credit (4,438)kfn_RelatedPartyTransactionRelatedPartyCLOManagementFeesCredit
/ us-gaap_RelatedPartyTransactionAxis
= kfn_CLOManagementFeesMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= kfn_CollateralManagerMember
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Total base management fees, net 6,167us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
/ us-gaap_RelatedPartyTransactionAxis
= kfn_CLOManagementFeesMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= kfn_CollateralManagerMember
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Predecessor Company | Manager | Base Management Fees    
Management Agreement and Related Party Transactions    
Base management fees, gross   9,992kfn_RelatedPartyTransactionExpensesFromTransactionsWithRelatedPartyManagementFees
/ us-gaap_RelatedPartyTransactionAxis
= kfn_BaseManagementFeesMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= kfn_ManagerMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
CLO management fees credit   (6,370)kfn_RelatedPartyTransactionRelatedPartyCLOManagementFeesCredit
/ us-gaap_RelatedPartyTransactionAxis
= kfn_BaseManagementFeesMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= kfn_ManagerMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total base management fees, net   3,622us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
/ us-gaap_RelatedPartyTransactionAxis
= kfn_BaseManagementFeesMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= kfn_ManagerMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor Company | Collateral manager | CLO Management Fees    
Management Agreement and Related Party Transactions    
Base management fees, gross   2,166kfn_RelatedPartyTransactionExpensesFromTransactionsWithRelatedPartyManagementFees
/ us-gaap_RelatedPartyTransactionAxis
= kfn_CLOManagementFeesMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= kfn_CollateralManagerMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
CLO management fees credit   (6,370)kfn_RelatedPartyTransactionRelatedPartyCLOManagementFeesCredit
/ us-gaap_RelatedPartyTransactionAxis
= kfn_CLOManagementFeesMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= kfn_CollateralManagerMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total base management fees, net   $ 8,536us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
/ us-gaap_RelatedPartyTransactionAxis
= kfn_CLOManagementFeesMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= kfn_CollateralManagerMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember