SUBSEQUENT EVENTS	12 Months Ended
Dec. 31, 2016
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS The Company evaluated all events or transactions that occurred after December 31, 2016 through the date the consolidated financial statements were issued. During this period the Company had the following material subsequent events that require disclosure: In February 2017, the board of directors of the Company's general partner declared a quarterly distribution of $0.28 per common unit to common unitholders of record at the close of business on March 10, 2017, with a payment date of March 24, 2017. In February 2017, the board of directors of the Company's general partner declared a quarterly distribution of $0.4375 per preferred equity unit to preferred equity unitholders of record at the close of business on March 15, 2017, with a payment date of March 31, 2017. To support the ARCC-ACAS Transaction that closed on January 3, 2017, the Company, through its subsidiary Ares Capital Management LLC, which serves as the investment adviser to ARCC, provided approximately $275 million of cash consideration to ACAS shareholders. The Company used its Credit Facility in an amount of $275 million to finance the payment. The proper tax treatment of the support payment made by the Company is unclear and subject to final determination. The Company believes that the outcome could range from an immediate tax deduction of $275 million in 2017 or amortizing the amount over a prescribed life, typically 15 years. The outcome of such determination will materially affect the net taxable income of the Company and the amount of distributions to our common unitholders. On February 24, 2017, the Company amended its Credit Facility to, among other things, increase the size of the Credit Facility from $1.03 billion to $1.04 billion and extend the maturity date from April 2019 to February 2022. Based on our current credit agency ratings, the stated interest rate was reduced to LIBOR plus 1.50% from LIBOR plus 1.75% and the unused commitment fee was reduced to 0.20% from 0.25%.

SUBSEQUENT EVENTS

The Company evaluated all events or transactions that occurred after December 31, 2016 through the date the consolidated financial statements were issued. During this period the Company had the following material subsequent events that require disclosure:

In February 2017, the board of directors of the Company's general partner declared a quarterly distribution of $0.28 per common unit to common unitholders of record at the close of business on March 10, 2017, with a payment date of March 24, 2017.

In February 2017, the board of directors of the Company's general partner declared a quarterly distribution of $0.4375 per preferred equity unit to preferred equity unitholders of record at the close of business on March 15, 2017, with a payment date of March 31, 2017.

To support the ARCC-ACAS Transaction that closed on January 3, 2017, the Company, through its subsidiary Ares Capital Management LLC, which serves as the investment adviser to ARCC, provided approximately $275 million of cash consideration to ACAS shareholders. The Company used its Credit Facility in an amount of $275 million to finance the payment. The proper tax treatment of the support payment made by the Company is unclear and subject to final determination. The Company believes that the outcome could range from an immediate tax deduction of $275 million in 2017 or amortizing the amount over a prescribed life, typically 15 years. The outcome of such determination will materially affect the net taxable income of the Company and the amount of distributions to our common unitholders.

On February 24, 2017, the Company amended its Credit Facility to, among other things, increase the size of the Credit Facility from $1.03 billion to $1.04 billion and extend the maturity date from April 2019 to February 2022. Based on our current credit agency ratings, the stated interest rate was reduced to LIBOR plus 1.50% from LIBOR plus 1.75% and the unused commitment fee was reduced to 0.20% from 0.25%.