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GOODWILL, INTANGIBLE ASSETS (Tables) - Ares Management L.P.
6 Months Ended
Jun. 30, 2016
Schedule of carrying value, net of accumulated amortization, for the Company's intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average

 

 

 

 

 

 

 

 

 

Amortization Period

 

As of June 30,

 

As of December 31,

 

 

 

at June 30, 2016

 

2016

   

2015

 

Management contracts

 

 2.3

years

 

$

111,939

 

$

163,469

 

Client relationships

 

 12.0

years

 

 

38,600

 

 

38,600

 

Trade name

 

 6.0

years

 

 

3,200

 

 

3,200

 

 

 

 

 

 

 

153,739

 

 

205,269

 

Foreign currency translation

 

 

 

 

 

(2,529)

 

 

(1,436)

 

Total intangible assets acquired

 

 

 

 

 

151,210

 

 

203,833

 

Less: accumulated amortization

 

 

 

 

 

(80,642)

 

 

(118,862)

 

Intangible assets, net

 

 

 

 

$

70,568

 

$

84,971

 

 

 

Schedule of carrying value of goodwill assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Private

 

Real

 

 

 

 

 

 

Credit

 

Equity

 

Estate

 

Total

 

Balance as of  December 31, 2015

 

$

32,196

 

$

58,600

 

$

53,271

 

$

144,067

 

Foreign currency translation

 

 

 —

 

 

 —

 

 

(212)

 

 

(212)

 

Balance as of  June 30, 2016

 

$

32,196

 

$

58,600

 

$

53,059

 

$

143,855