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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income $ 591,651 $ 392,825
Adjustments to reconcile net income to net cash used in operating activities:    
Investment income (150,618) (136,205)
Depreciation and amortization 9,865 12,076
Equity-based compensation 45,529 48,460
Net realized and unrealized (gain) loss from consolidated funds’ investments (58,548) 7,095
Amortization (accretion) of original issue and market discount of consolidated funds’ investments, net (2,926) (5,674)
Income distributions from corporate investments in funds and companies 132,385 85,342
Other non-cash items 779 5,246
Cash flows due to changes in operating assets and liabilities:    
Net cash used in operating activities (238,310) (204,297)
Cash flows from investing activities:    
Purchases of U.S. Treasury and other securities (422,820) (633,124)
Proceeds from maturities and sales of U.S. Treasury and other securities 855,993 618,014
Corporate investments in funds and companies (75,316) (50,807)
Distributions and proceeds from corporate investments in funds and companies 163,951 175,008
Purchases of fixed assets (27,036) (67,599)
Proceeds from sale of fixed assets 5,048 0
Net cash provided by investing activities 499,820 41,492
Cash flows from financing activities:    
Net cash provided by (used in) financing activities (10,681) 312,298
Effect of exchange rate changes on cash 26,021 (6,315)
Net increase in cash and cash-equivalents 276,850 143,178
Cash and cash-equivalents, beginning balance 959,200 3,331,102
Cash and cash-equivalents, ending balance 1,236,050 762,090
Increase (Decrease) from Adoption of Accounting Standards Update 2015-02 | Adjustment    
Cash flows from financing activities:    
Cash and cash-equivalents, beginning balance 0 (2,712,190)
Consolidated Funds    
Cash flows due to changes in operating assets and liabilities:    
Increase in dividends and interest receivable (386) (3,191)
Decrease in due from brokers 45,234 80,271
Increase in receivables for securities sold (142,086) (24,895)
(Increase) decrease in other assets 91 (509)
Increase (decrease) in accounts payable, accrued expenses and other liabilities 3,442 (870)
Increase in payables for securities purchased 347,416 180,712
Purchases of securities (3,847,188) (2,554,034)
Proceeds from maturities and sales of securities 2,784,686 1,762,068
Cash flows from financing activities:    
Payment of debt issuance costs (7,782) (7,974)
Repayment of debt obligations (1,244,698) 0
Contributions from non-controlling interests 210,964 116,896
Distributions to non-controlling interests (41,197) (54,278)
Proceeds from debt obligations issued by CLOs 1,218,737 426,292
Borrowings on credit facilities 702,100 389,836
Repayments on credit facilities (367,444) (208,330)
Cash and cash-equivalents, beginning balance 667,730  
Cash and cash-equivalents, ending balance 530,929  
Oaktree Capital Group Excluding Consolidated Funds    
Cash flows due to changes in operating assets and liabilities:    
Decrease in other assets 6,161 32,268
Increase (decrease) in net due to affiliates 56,956 (35,138)
Decrease in accrued compensation expense (79,447) (104,462)
Increase (decrease) in accounts payable, accrued expenses and other liabilities 18,694 54,318
Cash flows from financing activities:    
Proceeds from issuance of debt obligations 0 100,000
Payment of debt issuance costs 0 (1,310)
Repayment of debt obligations 0 (150,000)
Repurchase and cancellation of units (11,470) (11,504)
Distributions to Class A unitholders (170,034) (100,395)
Distributions to OCGH unitholders (296,240) (181,642)
Distributions to non-controlling interests (3,617) $ (5,293)
Cash and cash-equivalents, beginning balance 291,470  
Cash and cash-equivalents, ending balance $ 705,121