v3.26.1
VARIABLE INTEREST ENTITIES - Schedule of Impacts of Deconsolidation of Oaktree Capital I (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Jul. 01, 2024
Dec. 31, 2023
Dec. 31, 2022
Variable Interest Entity [Line Items]          
Total assets $ (6,800,312) $ (7,073,432)      
Total liabilities (1,464,479) (1,602,984)      
Non-controlling redeemable interests in consolidated funds (3,071,611) (3,069,084)   $ (3,336,548) $ (2,182,414)
Non-controlling interest in consolidated subsidiaries (9,392) (7,765)      
Total unitholders’ capital (2,264,222) (2,401,364)   $ (2,584,906) $ (1,906,638)
Total liabilities and capital (6,800,312) (7,073,432)      
Related Party          
Variable Interest Entity [Line Items]          
Accounts payable and accrued expenses and due to affiliates $ 0 $ (200)      
Oaktree Capital I          
Variable Interest Entity [Line Items]          
Cash and cash-equivalents     $ (8,805)    
U.S. Treasury and government agency securities     (170,000)    
Assets of consolidated funds     (1,711,868)    
Total assets     (1,957,733)    
Debt obligations     (213,161)    
Liabilities of consolidated funds     (1,021,629)    
Total liabilities     (1,333,980)    
Non-controlling redeemable interests in consolidated funds     (339,111)    
Non-controlling interest in consolidated subsidiaries     (283,685)    
Accumulated other comprehensive loss     (957)    
Total unitholders’ capital     (284,642)    
Total liabilities and capital     (1,957,733)    
Oaktree Capital I | Nonrelated Party          
Variable Interest Entity [Line Items]          
Receivables and other assets     (58,517)    
Accounts payable and accrued expenses and due to affiliates     (49,176)    
Oaktree Capital I | Related Party          
Variable Interest Entity [Line Items]          
Receivables and other assets     (8,543)    
Accounts payable and accrued expenses and due to affiliates     $ (50,014)