XML 47 R72.htm IDEA: XBRL DOCUMENT v2.4.0.8
SUBSEQUENT EVENTS (Details) (Subsequent event, USD $)
0 Months Ended
May 07, 2014
May 01, 2014
Jun. 04, 2014
Ares Holdings, Inc. and Ares Investments LLC
May 07, 2014
Ares Holdings, Inc. and Ares Investments LLC
Apr. 24, 2014
Ares Holdings, Inc. and Ares Investments LLC
May 07, 2014
Ares Holdings, Inc. and Ares Investments LLC
Revolving credit facility
May 07, 2014
Ares Holdings, Inc. and Ares Investments LLC
Revolving credit facility
Base rate
May 07, 2014
Ares Holdings, Inc. and Ares Investments LLC
Revolving credit facility
LIBOR
May 07, 2014
Ares Holdings, Inc. and Ares Investments LLC
Ares Operating Group
Apr. 04, 2014
AI
May 07, 2014
Alleghany
Ares Operating Group
Jun. 30, 2014
Affiliate of Company
Keltic
Subsequent events                        
Distributions made to members         $ 46,000,000         $ 150,000,000    
Distributions made to members (as a percent)         85.00%              
Number of common units Ares Owners Holdings, L.P. holds of Ares Management, L.P.   34,540,079                    
Number of common units AREC holds of Ares Management, L.P.   34,538,155                    
Ares Owners Holdings, L.P. direct ownership percentage of each of the Ares Operating Group Entities   59.21%                    
Number of partnership units Ares Owners Holdings, L.P. of each of the Ares Operating Group Entities   118,421,766                    
AREC direct interest percentage in Ares Operating Group Entities   0.00%                    
An affiliate of Alleghany Corporation direct ownership percentage of each of the Ares Operating Group Entities   6.25%                    
Number of Ares Operating Group Units an affiliate of Alleghany Corporation owns of each of the Ares Operating Group entities   12,500,000                    
Common units issued in IPO (in units)       11,363,636                
Price per common units issued in IPO (in dollars per unit)       $ 19.00                
Common units issued pursuant to over-allotment option (in units)     225,794                  
Price per common units issued pursuant to over-allotment option (in dollars per unit)     $ 19.00                  
Proceeds from IPO     209,200,000                  
Maximum ratio for exchange of units                 4   0.5  
Units conversion ratio                 1      
Ares Owners Holdings, L.P. ownership percentage of Ares Management, L.P. 42.82%                      
ADIA ownership percentage of Ares Management, L.P. 42.82%                      
Ares Owners Holdings, L.P. ownership percentage of Ares Operating Group 55.97%                      
Ownership percentage issued as part of the offering 14.37%                      
Ares Owners Holdings, L.P. direct and indirect ownership percentage of Ares Operating Group 72.29%                      
Alleghany ownership percentage of Ares Operating Group 5.91%                      
AREC indirect ownership percentage of Ares Operating Group 16.32%                      
Public's indirect ownership percentage of Ares Operating Group 5.48%                      
Ares Management, L.P. ownership percentage of Ares Holdings, Inc. 100.00%                      
Ares Management, L.P. ownership percentage of Ares Domestic Holdings, Inc. 100.00%                      
Ares Management, L.P. ownership percentage of Ares Offshore Holdings, Ltd. (Cayman) 100.00%                      
Ares Management, L.P. ownership percentage of Ares Real Estate Holdings, LLC 100.00%                      
Ares Management, L.P. ownership percentage of Ares Investments, L.P. 38.12%                      
Ares Holdings, Inc. ownership percentage of Ares Holdings, L.P. 38.12%                      
Ares Domestic Holdings, Inc. ownership percentage of Ares Domestic Holdings, L.P. 38.12%                      
Ares Offshore Holdings, Ltd (Cayman) ownership percentage of Ares Offshore Holdings, L.P. (Cayman) 38.12%                      
Ares Real Estate Holdings, LLC ownership percentage of Ares Real Estate Holdings, L.P. 38.12%                      
Offering related expenses except the underwriters' commissions                 27,700,000      
Maximum borrowing capacity           1,030,000,000            
Variable rate basis             base rate LIBOR        
Interest rate margin (as a percent)             0.75% 1.75%        
Unused commitment fees (as a percent)           0.25%            
Repayment of balance under the credit facility from proceeds of the IPO           $ 163,300,000            
Ownership interest acquired (as a percent)                       100.00%