Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015	[1]
Revenues
Management fee income		$ 3,569	$ 3,753
Incentive income		152	908
Other revenues		80	31
Total Revenues		3,801	4,692
Expenses
Compensation and benefits		9,007	6,570
General, administrative and other		3,210	4,337
Depreciation and amortization		63	62
Total Expenses		12,299	10,969
Other income (loss)
Net gain (loss) on investments		(18)	43
Other income (expense)		605	(4)
Total Other Income (Loss)		2,104	39
Income (loss) before income taxes		(6,394)	(6,238)
Income tax (benefit) expense		5	(902)
Consolidated net income (loss), net of tax		(6,399)	(5,336)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustment		(54)	192
Total Comprehensive Income (Loss)		(6,453)	(5,144)
Allocation of Consolidated Net Income (Loss), net of tax
Stockholders’ equity, ZAIS Group Holdings, Inc.		(4,834)	(822)
Consolidated net income (loss), net of tax		(6,399)	(5,336)
Allocation of Total Comprehensive Income (Loss)
Stockholders’ equity, ZAIS Group Holdings, Inc.		(4,870)	(694)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest		$ (6,453)	$ (5,144)
Consolidated Net Income (Loss), net of tax per Class A common share applicable to ZAIS Group Holdings, Inc. - Basic		$ (0.35)	$ (0.38)
Consolidated Net Income (Loss), net of tax per Class A common share applicable to ZAIS Group Holdings, Inc. - Diluted		$ (0.35)	$ (0.38)
Weighted average shares of Class A common stock outstanding:
Basic		13,870,917	2,157,698	[2]
Diluted	[3]	20,870,917	9,157,698	[2],[4]
Consolidated Entities [Member]
Expenses
Expenses of Consolidated Funds		$ 19	$ 0
Other income (loss)
Net gain (loss) on investments		1,517	0
Allocation of Consolidated Net Income (Loss), net of tax
Non-controlling interests		734	0
Allocation of Total Comprehensive Income (Loss)
Non-controlling interests		734	0
ZAIS Group Parent, LLC [Member]
Allocation of Consolidated Net Income (Loss), net of tax
Non-controlling interests		(2,299)	(4,514)
Allocation of Total Comprehensive Income (Loss)
Non-controlling interests		$ (2,317)	$ (4,450)

[1] Subsequent to the filing of the 10-Q for the three months ended March 31, 2015, the Company elected to early adopt ASU 2015-02 with an effective date of January 1, 2015. As a result of this adoption, all of the ZAIS Managed Entities which were consolidated in the 10-Q for the three months ended March 31, 2015 were deconsolidated. The March 31, 2015 figures above reflect the consolidated results of the Company for the three months ended March 31, 2015, subsequent to the adoption of ASU 2015-02.

[2] Pro-rated based on the portion of the period preceding and following the Business Combination

[3] Number of diluted shares outstanding takes into account non-controlling interests of ZGP that may be exchanged for Class A Common Stock under certain circumstances.

[4] Number of diluted shares outstanding for periods after the Business Combination (as defined in Note 1) takes into account non-controlling interests in ZAIS Group Parent, LLC that may be exchanged for Class A common stock under certain circumstances.