Condensed Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Preferred equity, units issued (in units)	12,400,000	12,400,000
Preferred equity, units outstanding (in units)	12,400,000	12,400,000
Partners' Capital units issued (in units)	81,307,431	80,814,732
Partners' Capital units outstanding (in units)	81,307,431	80,814,732
Ares Management L.P
Investments, at fair value	$ 467,918	$ 448,336