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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income $ 1,157,379 $ 83,735 $ 387,338
Adjustments to reconcile net income to net cash used in operating activities:      
Investment income (203,041) (103,828) (146,569)
Depreciation and amortization 2,332 2,052 20,287
Equity-based compensation 10,521 17,365 65,533
Net realized and unrealized (gain) loss from consolidated funds’ investments (144,755) 289,804 7,836
Accretion of original issue and market discount of consolidated funds’ investments, net (13,717) (23,357) (3,625)
Income distributions from corporate investments in funds and companies 201,983 52,988 134,512
SPAC deconsolidation gain and other non-cash items (72,347) 46 2,929
Cash flows due to changes in operating assets and liabilities:      
Net cash used in operating activities (2,731,821) (1,077,253) (3,133,647)
Cash flows from investing activities:      
Purchases of U.S. Treasury and other securities (16,322) (43,153) (602,600)
Proceeds from maturities and sales of U.S. Treasury and other securities 23,938 43,053 1,129,930
Corporate investments in funds and companies (179,996) (225,603) (264,673)
Distributions and proceeds from corporate investments in funds and companies 357,734 274,265 495,509
Purchases of fixed assets (583) (710) (6,764)
Net cash provided by investing activities 184,771 47,852 751,402
Cash flows from financing activities:      
Capital contributions, net 183,684 55,826 0
Net cash provided by financing activities 2,747,040 1,481,846 2,730,302
Effect of exchange rate changes on cash (24,753) 7,251 (8,289)
Net increase in cash and cash-equivalents 175,237 459,696 339,768
Deconsolidation due to restructuring 0 0 (145,295)
Initial consolidation (deconsolidation) of funds (216,459) (101,148) (184,407)
Cash and cash-equivalents, beginning balance 1,200,341 841,793 831,727
Cash and cash-equivalents, ending balance 1,159,119 1,200,341 841,793
Supplemental cash flow disclosures:      
Cash paid for interest 127,228 150,033 136,385
Cash paid for income taxes 8,208 12,198 8,887
Supplemental disclosure of non-cash activities:      
Net assets related to the initial consolidation of funds 0 3,708 162,630
Net assets related to the deconsolidation of funds 350,422 974,423 1,030,712
Net assets related to the deconsolidation due to restructuring 0 0 500,629
Oaktree Capital Group Excluding Consolidated Funds      
Cash flows due to changes in operating assets and liabilities:      
(Increase) decrease in deferred tax assets 335 (1,039) 122
Decrease in other assets 2,601 1,227 4,365
Increase (decrease) in net due to affiliates (232,783) (51,128) 177,615
Increase (decrease) in accrued compensation expense 108,922 5,763 (155,900)
Increase (decrease) in accounts payable, accrued expenses and other liabilities (3,871) (3,786) 63,972
Cash flows from financing activities:      
Repurchase and cancellation of units 0 0 (12,191)
Distributions to Class A unitholders (465,669) (69,797) (439,433)
Distributions to OCGH unitholders (286,647) (43,678) (360,321)
Distributions to preferred unitholders (27,316) (27,316) (27,316)
Distributions to non-controlling interests 0 0 (3,421)
Cash and cash-equivalents, beginning balance 329,253 323,550  
Cash and cash-equivalents, ending balance 167,319 329,253 323,550
Consolidated Funds      
Cash flows due to changes in operating assets and liabilities:      
Increase (decrease) in accounts payable, accrued expenses and other liabilities 41,764 (16,875) 61,380
Increase in dividends and interest receivable (19,439) (2,352) (7,092)
(Increase) decrease in due from brokers (15,201) (7,953) 11,476
Increase in receivables for securities sold (107,242) (65,019) (25,285)
(Increase) decrease in other assets 25,989 (50,331) (5,251)
Increase in payables for securities purchased 462,772 250,552 56,694
Purchases of securities (9,683,352) (4,343,064) (6,684,118)
Proceeds from maturities and sales of securities 5,749,329 2,887,947 2,900,134
Cash flows from financing activities:      
Distributions to non-controlling interests (171,883) (223,674) (107,499)
Contributions from non-controlling interests 1,189,486 940,191 664,679
Proceeds from debt obligations issued by CLOs 5,367,766 1,054,403 4,754,098
Payment of debt issuance costs (2,577) (2,780) (4,199)
Repayment on debt obligations issued by CLOs (3,800,803) (599,139) (1,893,506)
Borrowings on credit facilities 760,999 446,300 531,411
Repayments on credit facilities 0 (48,490) (372,000)
Cash and cash-equivalents, beginning balance 871,088 518,243  
Cash and cash-equivalents, ending balance $ 991,800 $ 871,088 $ 518,243