| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Revenues: | |||||||||
Total revenues | |||||||||
928 | 1,386 | 1,469 | 1,125 | 201 | 193 | 194 | 144 | 155 | 206 |
Expenses: | |||||||||
Compensation and benefits | |||||||||
368 | 407 | 392 | 389 | 416 | 388 | 365 | 330 | 308 | 287 |
Equity-based compensation | |||||||||
65 | 62 | 59 | 63 | 54 | 41 | 28 | 36 | 948 | 949 |
Incentive income compensation | |||||||||
175 | 338 | 416 | 168 | 160 | 221 | 482 | 222 | 179 | 159 |
Total compensation and benefits expense | |||||||||
609 | 809 | 868 | 621 | 632 | 651 | 876 | 588 | 1,436 | 1,395 |
General and administrative | |||||||||
189 | 153 | 130 | 145 | 110 | 99 | 114 | 101 | 97 | 90 |
Depreciation and amortization | |||||||||
20 | 25 | 15 | 16 | 14 | 8 | 7 | 7 | 6 | - |
Consolidated fund expenses | |||||||||
23 | 11 | 10 | 5 | 184 | 188 | 108 | 92 | 105 | 94 |
Total expenses | |||||||||
842 | 1,000 | 1,025 | 789 | 940 | 947 | 1,107 | 790 | 1,644 | 1,580 |
Other income (loss): | |||||||||
Interest expense | |||||||||
197 | 160 | 169 | 120 | 216 | 129 | 61 | 45 | 50 | 55 |
Interest and dividend income | |||||||||
368 | 287 | 215 | 165 | 1,958 | 1,902 | 1,806 | 1,966 | 2,565 | 2,369 |
Net realized gain on consolidated funds investments | |||||||||
- | - | - | - | 1,177 | 2,131 | 3,503 | 4,560 | 1,744 | 2,583 |
Net realized loss on consolidated funds’ investments | |||||||||
-17 | -23 | 20 | 27 | - | - | - | - | - | - |
Net change in unrealized appreciation (depreciation) on consolidated funds’ investments | |||||||||
9 | -164 | 55 | -12 | -3,767 | -993 | 1,843 | 835 | -3,064 | 1,766 |
Investment Income, Nonoperating | |||||||||
146 | 157 | 201 | 199 | 51 | 33 | 56 | 25 | 8 | 6 |
Other income, net | |||||||||
0 | 7 | 138 | 13 | 20 | 3 | 0 | 7 | -1 | 11 |
Total other income (loss) | |||||||||
310 | 103 | 460 | 272 | -776 | 2,947 | 7,149 | 7,348 | 1,201 | 6,681 |
Income (loss) before income taxes | |||||||||
396 | 489 | 904 | 608 | -1,515 | 2,194 | 6,236 | 6,703 | -287 | 5,307 |
Income taxes | |||||||||
9 | 24 | 215 | 42 | 17 | 18 | 26 | 30 | 21 | 26 |
Net income (loss) | |||||||||
387 | 464 | 689 | 566 | -1,532 | 2,175 | 6,210 | 6,672 | -308 | 5,280 |
Less: | |||||||||
Net income attributable to non-controlling redeemable interests in consolidated funds | |||||||||
- | - | - | - | - | - | - | - | 233 | 5,493 |
Net income attributable to preferred unitholders | |||||||||
27 | 12 | 0 | 0 | - | - | - | - | - | - |
Net income (loss) attributable to OCG Class A unitholders | |||||||||
154 | 211 | 231 | 194 | 71 | 126 | 221 | 107 | -95 | -49 |
Distributions declared per Class A unit (in dollars per share) | |||||||||
4.96 | 2.97 | 3.21 | 2.25 | 2.10 | 3.15 | 4.71 | 2.31 | - | 2.17 |
Net income (loss) per Class A unit (basic and diluted): | |||||||||
Net income per Class A unit (in dollars per share) | |||||||||
1.59 | 2.99 | 3.61 | 3.11 | 1.45 | 2.97 | 6.35 | 3.83 | -4.23 | -2.18 |
Weighted average Oaktree Operating Group units outstanding (in shares) | |||||||||
80 | 70 | 64 | 62 | 49 | 42 | 34 | 28 | 22 | 22 |
Management fees | |||||||||
Total revenues | |||||||||
578 | 712 | 726 | 774 | 195 | 192 | 192 | 134 | 140 | 162 |
Incentive income | |||||||||
Total revenues | |||||||||
350 | 674 | 743 | 351 | 6 | 1 | 2 | 10 | 15 | 44 |
Consolidated Funds | |||||||||
Net income attributable to non-controlling interests | |||||||||
93 | -41 | 33 | 22 | - | - | - | - | - | - |
Consolidated Subsidiaries | |||||||||
Net income (loss) attributable to non-controlling interests | |||||||||
138 | 282 | 424 | 348 | - | - | 824 | 548 | -446 | -163 |