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REDEEMABLE INTERESTS AND EQUITY COMPENSATION PUT OPTION LIABILITY (Tables)
12 Months Ended
Dec. 31, 2017
Noncontrolling Interest [Abstract]  
Summary of changes in the non-controlling interest and equity compensation put option liability
The following table sets forth a summary of changes in the redeemable interests and equity compensation put option liability in Consolidated Funds as of December 31, 2016 and 2015:
 
As of December 31,
 
 
2016
 
2015
Redeemable interests in Ares Operating Group Entities
 
 

 
 

Beginning balance
 
$
23,505

 
$
23,988

Net income
 

 

Distributions
 

 

Currency translation adjustment
 

 

Equity compensation
 

 

Tandem award compensation adjustment
 

 

Equity Balance Post-Reorganization
 
23,505

 
23,988

Issuance cost
 

 

Allocation of contributions in excess of the carrying value of the net assets (dilution)
 

 

Reallocation of Partners' capital for change in ownership interest
 

 
82

Deferred tax liabilities arising from allocation of contribution and Partners' capital
 

 
(1
)
Redemption of redeemable interest in consolidated subsidiary
 
(20,000
)
 

Forfeiture of equity in connection with redemption of ownership interest
 
(3,337
)
 

Distributions
 
(661
)
 
(998
)
Net income
 
456

 
338

Currency translation adjustment
 
(47
)
 
(36
)
Equity compensation
 
84

 
132

Ending Balance
 
$

 
$
23,505