UNITHOLDERS' CAPITAL (Tables)

9 Months Ended

Sep. 30, 2013

Stockholders' Equity Note [Abstract]

Summary of Net Income (Loss)

The following table sets forth a summary of the net income attributable to the OCGH non-controlling interest and to the Class A unitholders:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
Weighted average Oaktree Operating Group units outstanding (in thousands):
OCGH non-controlling interest	112,791			120,283			117,103			123,070
Class A unitholders	38,239			30,181			33,845			27,494
Total weighted average units outstanding	151,030			150,464			150,948			150,564
Oaktree Operating Group net income:
Net income attributable to OCGH non-controlling interest	$	129,408		$	119,235		$	617,191		$	379,356
Net income attributable to Class A unitholders	43,875			29,920			172,631			84,444
Oaktree Operating Group net income	$	173,283		$	149,155		$	789,822		$	463,800
Net income attributable to Oaktree Capital Group, LLC:
Oaktree Operating Group net income attributable to Class A unitholders	$	43,875		$	29,920		$	172,631		$	84,444
Non-Operating Group other income	—			—			—			6,260
Non-Operating Group expenses	(271		)	(115		)	(947		)	(393		)
Income tax expense of Intermediate Holding Companies	(656		)	(4,593		)	(14,593		)	(21,772		)
Net income attributable to Oaktree Capital Group, LLC	$	42,948		$	25,212		$	157,091		$	68,539

Changes in Company Ownership Interest

Set forth below are the effects of changes in the Company’s ownership interest in the Oaktree Operating Group:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013		2012
Net income attributable to Oaktree Capital Group, LLC	$	42,948		$	25,212		$	157,091	$	68,539
Equity reallocation between controlling and non-controlling interests	(160		)	(74		)	76,685		69,101
Change from net income attributable to Oaktree Capital Group, LLC and transfers from (to) non-controlling interest	$	42,788		$	25,138		$	233,776	$	137,640