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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues    
Total revenues $ 136,015 $ 269,905
Expenses    
Total expenses 129,538 234,463
Other income (expense)    
Total other income (15,451) 11,007
Income before taxes (8,974) 46,449
Income tax expense (benefit) 4,665 4,059
Net income (loss) (13,639) 42,390
Net income attributable to Ares Management, L.P. $ (3,090) $ 18,456
Net income (loss) attributable to Ares Management L.P. per common unit    
Basic (in dollars per unit) $ (0.04) $ 0.23
Diluted (in dollars per unit) $ (0.04) $ 0.23
Weighted-average common units    
Basic (in units) 80,683,051 80,667,664
Diluted (in units) 80,683,051 80,667,664
Distributions declared and paid per common unit $ 0.20 $ 0.24
Parent Company    
Revenues    
Management fees (includes ARCC Part 1 Fees) $ 158,433 $ 158,701
Performance fees (29,947) 104,925
Other fees 7,529 6,279
Expenses    
Compensation and benefits 110,679 101,851
Performance fee compensation (21,330) 76,392
General, administrative and other expenses 39,962 45,547
Other income (expense)    
Net interest and other investment income (expense) (3,359) 1,413
Other income (expense), net 5,241 (1,876)
Net realized and unrealized gain on investments 5,142 14,839
Consolidated Funds    
Expenses    
Consolidated Funds' expenses 227 10,673
Other income (expense)    
Net interest and other investment income (expense) 7,332 8,905
Net realized and unrealized gain on investments (29,807) (12,274)
Less: Net (income) loss attributable to non-controlling interests (11,979) (11,115)
AOG    
Other income (expense)    
Less: Net (income) loss attributable to non-controlling interests 1,420 34,806
Less: Net income attributable to redeemable interests $ 10 $ 243