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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Total revenues $ 59,401 $ 63,030
Expenses:    
Compensation and benefits (91) (44,089)
Equity-based compensation 0 (1,497)
Incentive income compensation (58,538) (4,957)
Total compensation and benefits expense (58,629) (50,543)
General and administrative (1,924) (5,038)
Depreciation and amortization 0 (583)
Consolidated fund expenses (14,136) (24,802)
Total expenses (74,689) (80,966)
Other income (loss):    
Interest expense (16,549) (39,191)
Interest and dividend income 66,809 123,572
Net realized gain (loss) on consolidated funds’ investments 31,680 (89,225)
Net change in unrealized appreciation (depreciation) on consolidated funds’ investments (25,182) 128,359
Investment income 51,722 11,741
Total other income 108,480 135,256
Income before income taxes 93,192 117,320
Income taxes 0 (3,697)
Net income 93,192 113,623
Less:    
Net income attributable to Oaktree Capital Group, LLC 45,758 17,682
Net income attributable to preferred unitholders (6,829) (6,829)
Net income attributable to OCG Class A unitholders $ 38,929 $ 10,853
Distributions declared per Class A unit (in dollars per share) $ 0.11 $ 0.97
Net income per Class A unit (basic and diluted):    
Net income per Class A unit, basic (in dollars per share) 0.39 0.11
Net income per Class A unit, diluted (in dollars per share) $ 0.39 $ 0.11
Weighted average number of Class A units outstanding, basic (in shares) 99,238 99,137
Weighted average number of Class A units outstanding, diluted (in shares) 99,238 99,137
Consolidated Funds    
Less:    
Net income (loss) attributable to non-controlling interests $ (27,734) $ (98,943)
Consolidated Subsidiaries    
Less:    
Net income (loss) attributable to non-controlling interests (19,700) 3,002
Management fees    
Revenues:    
Total revenues 0 60,431
Incentive income    
Revenues:    
Total revenues $ 59,401 $ 2,599