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Combined and Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Ares Holdings, Inc. and Ares Investments LLC and Consolidated Funds
   
Cash flows from operating activities:    
Net income $ 281,370 $ 223,134
Allocable to non-controlling interest in Consolidated Funds:    
Net cash provided by operating activities 1,009,615 19,814
Cash flows from investing activities:    
Net cash used in investing activities (4,290) (3,946)
Allocable to non-controlling interest in Consolidated Funds:    
Net cash (used in) provided by financing activities (1,059,049) 14,573
Ares Holdings, Inc. and Ares Investments LLC
   
Adjustments to reconcile net income to net cash provided by operating activities:    
Equity compensation expense 5,339 6,310
Depreciation and amortization 11,120 3,803
Net realized loss on investments 66 1,137
Net change in unrealized appreciation on investments (4,146) (8,285)
Investments purchased (21,600) (503)
Cash proceeds from sale of investments 3,964 375
Allocable to non-controlling interests in Consolidated Funds:    
Net realized gain on investments 66 1,137
Net change in unrealized appreciation on investments (4,146) (8,285)
Cash flows due to changes in operating assets and liabilities:    
Net change in restricted cash 5,687 1,784
Net change in performance fees receivable and payable 12,455 38,662
Net change in due from and due to affiliates (19,788) (17,712)
Net change in other assets 1,142 4,975
Net change in accrued compensation and benefits (77,360) 21,448
Net change in accounts payable, accrued expenses and other liabilities (4,209) 10,766
Net change in deferred taxes (209)  
Cash flows from investing activities:    
Purchase of furniture, equipment and leasehold improvements, net (4,290) (3,946)
Financing activities:    
Proceeds from issuance of debt obligations 30,000 50,000
Repayments of debt obligations (11,000) (56,000)
Capital distributions (30,648) (112,395)
Allocable to non-controlling interest in Consolidated Funds:    
Repayments under loan obligations by Consolidated Funds (11,000) (56,000)
Effect of exchange rate changes and translation 556 (13,661)
Net increase (decrease) in cash and cash-equivalents (53,168) 16,780
Cash and cash-equivalents, beginning of period 89,802 68,456
Cash and cash-equivalents, end of period 36,634 85,236
Supplemental information:    
Cash paid during the period for interest 1,072 1,561
Cash paid during the period for income taxes 4,892 7,047
Consolidated Funds
   
Adjustments to reconcile net income to net cash provided by operating activities:    
Net realized loss on investments (54,965) (57,956)
Net change in unrealized appreciation on investments (67,344) (104,252)
Allocable to non-controlling interests in Consolidated Funds:    
Receipt of non-cash interest income and dividends from investments (2,999) (9,671)
Net realized gain on investments (54,965) (57,956)
Amortization on debt and investments (4,672) (13,091)
Net change in unrealized appreciation on investments (67,344) (104,252)
Investments purchased (2,321,820) (4,369,254)
Cash proceeds from sale or pay down of investments 3,075,968 4,668,173
Allocable to non-controlling interest in Consolidated Funds:    
Change in cash and cash equivalents held at Consolidated Funds 363,800 (1,065,209)
Cash relinquished with deconsolidation of Consolidated Funds (40,089)  
Change in other assets and receivables held at Consolidated Funds 129,596 (53,486)
Change in other liabilities and payables held at Consolidated Funds (261,691) 738,666
Financing activities:    
Proceeds from issuance of debt obligations 44,584 1,683,658
Repayments of debt obligations (791,091) (1,164,698)
Allocable to non-controlling interest in Consolidated Funds:    
Contributions from non-controlling interest holders in Consolidated Funds 158,613 164,452
Distributions to non-controlling interest holders in Consolidated Funds (459,507) (550,444)
Repayments under loan obligations by Consolidated Funds (791,091) (1,164,698)
Cash and cash-equivalents, beginning of period 1,638,003  
Cash and cash-equivalents, end of period 1,276,657  
Supplemental information:    
Cash paid during the period for interest 53,807 55,959
Cash paid during the period for income taxes $ 1 $ 6