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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 321,984 $ 320,122
Restricted cash and cash equivalents 815,481 487,374
Securities, at estimated fair value 223,039 417,519
Corporate loans, at estimated fair value 3,891,823 5,188,610
Equity investments, at estimated fair value 218,306 262,946
Oil and gas properties, net 112,545 114,868
Interests in joint ventures and partnerships, at estimated fair value 758,321 888,408
Derivative assets 33,202 40,852
Interest and principal receivable 16,628 22,196
Receivable for investments sold 428,253 19,930
Other assets 11,633 25,570
Total assets 6,831,215 7,788,395
Liabilities    
Collateralized loan obligation secured notes, at estimated fair value 4,055,722 4,843,746
Collateralized loan obligation junior secured notes to affiliates, at estimated fair value 63,624 0
Senior notes 412,229 413,006
Junior subordinated notes 249,309 248,498
Payable for investments purchased 363,031 220,085
Accounts payable, accrued expenses and other liabilities 29,357 43,667
Accrued interest payable 21,932 20,619
Related party payable 2,195 3,892
Derivative liabilities 63,908 43,892
Total liabilities 5,261,307 5,837,405
Equity    
Preferred shares, no par value, 50,000,000 shares authorized and 14,950,000 issued and outstanding as of both June 30, 2016 and December 31, 2015 0 0
Common shares, no par value, 500,000,000 shares authorized and 100 shares issued and outstanding as of both June 30, 2016 and December 31, 2015 0 0
Paid-in-capital 2,764,061 2,764,061
Accumulated deficit (1,258,416) (895,950)
Total KKR Financial Holdings LLC and Subsidiaries shareholders’ equity 1,505,645 1,868,111
Noncontrolling interests 64,263 82,879
Total equity 1,569,908 1,950,990
Total liabilities and equity $ 6,831,215 $ 7,788,395