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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income (loss) $ 74,421 $ (156,324)
Adjustments to reconcile net income (loss) to net cash used in operating activities (19,979) (18,522)
Cash flows due to changes in operating assets and liabilities (37,718) (135,303)
Net cash provided by (used in) operating activities 80,507 (291,816)
Cash flows from investing activities:    
Purchase of furniture, equipment and leasehold improvements, net (2,857) (10,252)
Net cash used in investing activities (2,857) (10,252)
Allocable to non-controlling interests in Consolidated Funds:    
Net cash provided by (used in) financing activities (85,652) 60,781
Ares Management L.P    
Cash flows from financing activities:    
Proceeds from issuance of common shares 105,441 0
Proceeds from credit facility 240,000 165,000
Proceeds from term notes 44,050 17,600
Repayments of credit facility (310,000) 0
Repayments of term notes (56) 0
Distributions (91,780) (68,595)
Preferred equity distributions (5,425) (5,425)
Taxes paid in net settlement of vested common shares (7,311) (3,913)
Stock option exercise 0 1,036
Tax from share-based payment 0 81
Other financing activities 0 646
Allocable to non-controlling interests in Consolidated Funds:    
Effect of exchange rate changes 4,613 2,415
Net change in cash and cash equivalents (3,389) (238,872)
Cash and cash equivalents, beginning of period 118,929 342,861
Cash and cash equivalents, end of period 115,540 103,989
Consolidated Funds    
Cash flows from operating activities:    
Adjustments to reconcile net income (loss) to net cash used in operating activities 152,375 (81,753)
Cash flows due to changes in operating assets and liabilities (88,592) 100,086
Allocable to non-controlling interests in Consolidated Funds:    
Contributions from non-controlling interests in Consolidated Funds 8,000 23,378
Distributions to non-controlling interests in Consolidated Funds (983) (7,822)
Borrowings under loan obligations by Consolidated Funds 1,303 505,714
Repayments under loan obligations by Consolidated Funds (68,891) $ (566,919)
Cash and cash equivalents, beginning of period 556,500  
Cash and cash equivalents, end of period $ 532,470