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Condensed Consolidated Statements of Changes in Unitholders' Capital (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Increase (decrease) in Stockholders' Equity:        
Unitholders' capital, beginning of period $ 2,175,192 $ 2,566,835 $ 2,401,364 $ 2,584,906
Deconsolidation of Oaktree Capital I   (269,563)   (269,563)
Capital contributions 13,008 37,500 132,441 37,500
Equity reallocation between controlling and non-controlling interests       (271)
Distributions declared (73,772) (65,736) (437,712) (272,118)
Net income 66,510 44,007 84,845 234,090
Foreign currency translation adjustment, net of tax 0 0 0 (1,501)
Unitholders' capital, end of period 2,180,938 2,313,043 2,180,938 2,313,043
Paid-in Capital        
Increase (decrease) in Stockholders' Equity:        
Unitholders' capital, beginning of period 1,782,817 1,563,857 1,663,384 1,529,909
Capital contributions 13,008 37,500 132,441 37,500
Equity reallocation between controlling and non-controlling interests       33,948
Unitholders' capital, end of period 1,795,825 1,601,357 1,795,825 1,601,357
Retained Earnings (Accumulated Deficit)        
Increase (decrease) in Stockholders' Equity:        
Unitholders' capital, beginning of period (17,745) 325,039 329,631 334,314
Distributions declared (66,943) (58,907) (417,225) (182,942)
Net income 59,704 36,762 62,610 151,522
Unitholders' capital, end of period (24,984) 302,894 (24,984) 302,894
Accumulated Other Comprehensive Income (Loss)        
Increase (decrease) in Stockholders' Equity:        
Unitholders' capital, beginning of period 0 (14,122) 0 (13,096)
Deconsolidation of Oaktree Capital I   14,122   14,122
Foreign currency translation adjustment, net of tax       (1,026)
Unitholders' capital, end of period 0 0 0 0
Non-controlling Interests in Consolidated Subsidiaries        
Increase (decrease) in Stockholders' Equity:        
Unitholders' capital, beginning of period 9,536 291,477 7,765 333,195
Deconsolidation of Oaktree Capital I   (283,685)   (283,685)
Equity reallocation between controlling and non-controlling interests       (34,219)
Distributions declared       (68,689)
Net income (23) 416 1,748 62,081
Foreign currency translation adjustment, net of tax       (475)
Unitholders' capital, end of period $ 9,513 $ 8,208 $ 9,513 $ 8,208
Class A Units        
Increase (decrease) in Stockholders' Equity:        
Unitholders' capital, beginning of period (in shares)     116,373,234  
Unitholders' capital, end of period (in shares) 118,832,320   118,832,320  
Class A Units | Common Units        
Increase (decrease) in Stockholders' Equity:        
Unitholders' capital, beginning of period (in shares) 118,832,000 116,373,000 116,373,000 109,199,000
Unit exchange (in shares)     2,459,000 7,174,000
Unitholders' capital, end of period (in shares) 118,832,000 116,373,000 118,832,000 116,373,000
Class B Units        
Increase (decrease) in Stockholders' Equity:        
Unitholders' capital, beginning of period (in shares)     43,822,210  
Unitholders' capital, end of period (in shares) 41,758,979   41,758,979  
Class B Units | Common Units        
Increase (decrease) in Stockholders' Equity:        
Unitholders' capital, beginning of period (in shares) 41,509,000 43,757,000 43,823,000 50,916,000
Net issuance of units (in shares) 251,000 15,000 396,000 30,000
Unit exchange (in shares)     (2,459,000) (7,174,000)
Unitholders' capital, end of period (in shares) 41,760,000 43,772,000 41,760,000 43,772,000
Series A Preferred Units | Preferred Units        
Increase (decrease) in Stockholders' Equity:        
Unitholders' capital, beginning of period $ 173,669 $ 173,669 $ 173,669 $ 173,669
Distributions declared (2,981) (2,981) (8,943) (8,943)
Net income 2,981 2,981 8,943 8,943
Unitholders' capital, end of period 173,669 173,669 173,669 173,669
Series B Preferred Units | Preferred Units        
Increase (decrease) in Stockholders' Equity:        
Unitholders' capital, beginning of period 226,915 226,915 226,915 226,915
Distributions declared (3,848) (3,848) (11,544) (11,544)
Net income 3,848 3,848 11,544 11,544
Unitholders' capital, end of period $ 226,915 $ 226,915 $ 226,915 $ 226,915