UNITHOLDERS' CAPITAL (Tables)

3 Months Ended

Mar. 31, 2020

Stockholders' Equity Note [Abstract]

Summary of Net Income (Loss)

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

	Three months ended March 31,
	2020		2019
Weighted average Oaktree Operating Group units outstanding (in thousands):
OCGH non-controlling interest	61,770		85,474
Class A unitholders	98,014		71,632
Total weighted average units outstanding	159,784		157,106
Oaktree Operating Group net income (loss):
Net income attributable to preferred unitholders (1)	$	6,829	$	6,829
Net income (loss) attributable to OCGH non-controlling interest	(105,717)		65,472
Net income (loss) attributable to OCG Class A unitholders	(167,062)		54,866
Oaktree Operating Group net income (loss) (2)	$	(265,950)	$	127,167
Net income (loss) attributable to OCG Class A unitholders:
Oaktree Operating Group net income (loss) attributable to OCG Class A unitholders	$	(167,062)	$	54,866
Non-Operating Group (expense)	(666)		(3,644)
Income tax benefit (expense) of Intermediate Holding Companies	—		(3,968)
Net income (loss) attributable to OCG Class A unitholders	$	(167,728)	$	47,254

(1) Represents distributions declared, if any, on the preferred units.

(2) Oaktree Operating Group net income does not include amounts attributable to other non-controlling interests, which amounted to $0 and $642 for the three ended March 31, 2020 and 2019, 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 March 31,
	2020		2019
Net income (loss) attributable to OCG Class A unitholders	$	(167,728)	$	47,254
Equity reallocation between controlling and non-controlling interests	3,925		6,125
Change from net income attributable to OCG Class A unitholders and transfers from non-controlling interests	$	(163,803)	$	53,379