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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net loss $ (156,324) $ (13,639)
Cash flows due to changes in operating assets and liabilities (135,303) (57,763)
Net cash used in operating activities (291,816) (25,248)
Cash flows from investing activities:    
Purchase of furniture, equipment and leasehold improvements, net (10,252) (2,799)
Net cash used in investing activities (10,252) (2,799)
Allocable to non-controlling interest in Consolidated Funds:    
Net cash provided by financing activities 60,781 17,382
Ares Management L.P    
Cash flows from operating activities:    
Adjustments to reconcile net loss to net cash used in operating activities (18,522) (3,907)
Cash flows from financing activities:    
Proceeds from credit facility 165,000 127,000
Proceeds from term notes 17,600 0
Repayments of credit facility 0 (45,000)
Distributions (68,595) (44,051)
Preferred equity distributions (5,425) 0
Repurchase of treasury stock (3,913) 0
Stock option exercise 1,036 0
Excess tax benefit related to stock option exercise 81 0
Other financing activities 646 (362)
Allocable to non-controlling interest in Consolidated Funds:    
Effect of exchange rate changes 2,415 (884)
Net change in cash and cash equivalents (238,872) (11,549)
Cash and cash equivalents, beginning of period 342,861 121,483
Cash and cash equivalents, end of period 103,989 109,934
Consolidated Funds    
Cash flows from operating activities:    
Adjustments to reconcile net loss to net cash used in operating activities (81,753) 34,748
Cash flows due to changes in operating assets and liabilities 100,086 15,313
Allocable to non-controlling interest in Consolidated Funds:    
Contributions from non-controlling interests in Consolidated Funds 23,378 47,366
Distributions to non-controlling interests in Consolidated Funds (7,822) (23,230)
Borrowings under loan obligations by Consolidated Funds 505,714 750
Repayments under loan obligations by Consolidated Funds (566,919) $ (45,091)
Cash and cash equivalents, beginning of period 455,280  
Cash and cash equivalents, end of period $ 346,312