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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net income (loss) $ 392,825 $ (800,190)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Investment income (136,205) (38,718)
Depreciation and amortization 12,076 10,031
Equity-based compensation 48,460 40,283
Net realized and unrealized loss from consolidated funds’ investments 7,095 1,618,246
Amortization (accretion) of original issue and market discount of consolidated funds’ investments, net (5,674) (4,419)
Income distributions from corporate investments in funds and companies 85,342 48,826
Other non-cash items 5,246 9,184
Cash flows due to changes in operating assets and liabilities:    
Purchases of securities (50,807) (41,289)
Net cash used in operating activities (204,297) (2,168,564)
Cash flows from investing activities:    
Purchases of U.S. Treasury and time deposit securities (633,124) (290,645)
Proceeds from maturities and sales of U.S. Treasury and time deposit securities 618,014 290,054
Corporate investments in funds and companies (50,807) (41,289)
Distributions and proceeds from corporate investments in funds and companies 175,008 45,570
Purchases of fixed assets (67,599) (21,069)
Net cash provided by (used in) investing activities 41,492 (17,379)
Cash flows from financing activities:    
Net cash provided by financing activities 312,298 2,093,752
Effect of exchange rate changes on cash (6,315) (9,006)
Net increase (decrease) in cash and cash-equivalents 143,178 (101,197)
Cash and cash-equivalents, beginning balance 3,331,102 3,348,494
Change in cash and cash-equivalents from adoption of accounting guidance (2,712,190) 0
Cash and cash-equivalents, ending balance 762,090 3,247,297
Oaktree Capital Group Excluding Consolidated Funds    
Cash flows due to changes in operating assets and liabilities:    
Decrease in other assets 32,268 35,620
Increase (decrease) in net due to affiliates (35,138) 8,334
Decrease in accrued compensation expense (104,462) (68,954)
Increase (decrease) in accounts payable, accrued expenses and other liabilities 54,318 (26,879)
Cash flows from financing activities:    
Proceeds from issuance of debt obligations 100,000 0
Payment of debt issuance costs (1,310) 0
Repayment of debt obligations (150,000) 0
Purchase of OCGH units 0 (237,820)
Repurchase and cancellation of units (11,504) (4,512)
Distributions to Class A unitholders (100,395) (79,651)
Distributions to OCGH unitholders (181,642) (219,822)
Contributions from non-controlling interests 0 4,000
Distributions to non-controlling interests (5,293) (4,612)
Consolidated Funds    
Cash flows due to changes in operating assets and liabilities:    
Increase (decrease) in accounts payable, accrued expenses and other liabilities (870) 36,132
(Increase) decrease in dividends and interest receivable (3,191) 11,837
(Increase) decrease in due from brokers 80,271 (690,519)
Increase in receivables for securities sold (24,895) (88,942)
(Increase) decrease in other assets (509) 184,544
Increase in payables for securities purchased 180,712 58,859
Purchases of securities (2,554,034) (14,351,834)
Proceeds from maturities and sales of securities 1,762,068 11,839,995
Cash flows from investing activities:    
Corporate investments in funds and companies (2,554,034) (14,351,834)
Cash flows from financing activities:    
Payment of debt issuance costs (7,974) (17,163)
Contributions from non-controlling interests 116,896 4,295,992
Distributions to non-controlling interests (54,278) (4,236,330)
Proceeds from debt obligations issued by CLOs 426,292 882,574
Borrowings on credit facilities 389,836 4,932,370
Repayments on credit facilities (208,330) (3,459,094)
Class A Units | Oaktree Capital Group Excluding Consolidated Funds    
Cash flows from financing activities:    
Proceeds from issuance of Class A units $ 0 $ 237,820