UNITHOLDERS' CAPITAL (Tables)

9 Months Ended

Sep. 30, 2017

Stockholders' Equity Note [Abstract]

Summary of Net Income (Loss)

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

	Three Months Ended September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
Weighted average Oaktree Operating Group units outstanding (in thousands):
OCGH non-controlling interest	91,864			92,190			91,750			92,181
Class A unitholders	64,394			62,755			63,875			62,424
Total weighted average units outstanding	156,258			154,945			155,625			154,605
Oaktree Operating Group net income:
Net income attributable to OCGH non-controlling interest	$	77,822		$	96,053		$	348,058		$	238,135
Net income attributable to Class A unitholders	54,552			65,384			242,479			161,396
Oaktree Operating Group net income (1)	$	132,374		$	161,437		$	590,537		$	399,531
Net income attributable to Oaktree Capital Group, LLC:
Oaktree Operating Group net income attributable to Class A unitholders	$	54,552		$	65,384		$	242,479		$	161,396
Non-Operating Group expenses	(62		)	(182		)	(549		)	(647		)
Income tax expense of Intermediate Holding Companies	(8,649		)	(6,905		)	(23,850		)	(25,327		)
Net income attributable to Oaktree Capital Group, LLC	$	45,841		$	58,297		$	218,080		$	135,422

(1) Oaktree Operating Group net income does not include amounts attributable to other non-controlling interests, which amounted to $724 and $1,970 for the three and nine months ended September 30, 2017, respectively, and $1,230 and $3,650 for the three and nine months ended September 30, 2016, respectively.

Changes in Company Ownership Interest

The change in the Company’s ownership interest in the Oaktree Operating Group is set forth below:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2017		2016		2017		2016
Net income attributable to Oaktree Capital Group, LLC	$	45,841	$	58,297	$	218,080	$	135,422
Equity reallocation between controlling and non-controlling interests	5,082		3,766		14,581		11,892
Change from net income attributable to Oaktree Capital Group, LLC and transfers from non-controlling interests	$	50,923	$	62,063	$	232,661	$	147,314