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FAIR VALUE (Assets and Liabilities Measured at Fair Value) (Details) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Consolidated Funds    
Assets, at fair value    
Collateralized loan obligations and other fixed income $ 7,820,298 $ 7,205,248
Common stock and other equity securities 152,026 196,470
Partnership interests 299,157 271,447
Total investments, at fair value 8,271,481 7,673,165
Total derivative assets, at fair value   3,209
Total assets, at fair value 8,272,759 7,676,374
Liabilities, at fair value    
Loan obligations of CLOs (7,407,720) (6,678,091)
Total liabilities, at fair value (7,411,533) (6,680,603)
Consolidated Funds | Foreign exchange contracts    
Assets, at fair value    
Total derivative assets, at fair value 1,042 1,881
Liabilities, at fair value    
Derivative liabilities (1,025)  
Derivatives—foreign exchange contracts   (1,864)
Consolidated Funds | Asset swaps - other    
Assets, at fair value    
Total derivative assets, at fair value 236 1,328
Liabilities, at fair value    
Derivative liabilities (2,788) (648)
Consolidated Funds | Bonds    
Assets, at fair value    
Collateralized loan obligations and other fixed income 205,727 318,499
Consolidated Funds | Loans    
Assets, at fair value    
Collateralized loan obligations and other fixed income 7,614,571 6,886,749
Consolidated Funds | Level I    
Assets, at fair value    
Collateralized loan obligations and other fixed income 0 0
Common stock and other equity securities 37,185 45,718
Partnership interests 0 0
Total investments, at fair value 37,185 45,718
Total derivative assets, at fair value   0
Total assets, at fair value 37,185 45,718
Liabilities, at fair value    
Loan obligations of CLOs 0 0
Total liabilities, at fair value 0 0
Consolidated Funds | Level I | Foreign exchange contracts    
Assets, at fair value    
Total derivative assets, at fair value 0 0
Liabilities, at fair value    
Derivative liabilities 0  
Derivatives—foreign exchange contracts   0
Consolidated Funds | Level I | Asset swaps - other    
Assets, at fair value    
Total derivative assets, at fair value 0 0
Liabilities, at fair value    
Derivative liabilities 0 0
Consolidated Funds | Level I | Bonds    
Assets, at fair value    
Collateralized loan obligations and other fixed income 0 0
Consolidated Funds | Level I | Loans    
Assets, at fair value    
Collateralized loan obligations and other fixed income 0 0
Consolidated Funds | Level II    
Assets, at fair value    
Collateralized loan obligations and other fixed income 7,535,138 6,657,290
Common stock and other equity securities 0 0
Partnership interests 0 0
Total investments, at fair value 7,535,138 6,657,290
Total derivative assets, at fair value   1,881
Total assets, at fair value 7,536,180 6,659,171
Liabilities, at fair value    
Loan obligations of CLOs (7,407,720) (6,678,091)
Total liabilities, at fair value (7,408,745) (6,679,955)
Consolidated Funds | Level II | Foreign exchange contracts    
Assets, at fair value    
Total derivative assets, at fair value 1,042 1,881
Liabilities, at fair value    
Derivative liabilities (1,025)  
Derivatives—foreign exchange contracts   (1,864)
Consolidated Funds | Level II | Asset swaps - other    
Assets, at fair value    
Total derivative assets, at fair value 0 0
Liabilities, at fair value    
Derivative liabilities 0 0
Consolidated Funds | Level II | Bonds    
Assets, at fair value    
Collateralized loan obligations and other fixed income 197,204 316,850
Consolidated Funds | Level II | Loans    
Assets, at fair value    
Collateralized loan obligations and other fixed income 7,337,934 6,340,440
Consolidated Funds | Level III    
Assets, at fair value    
Collateralized loan obligations and other fixed income 285,160 547,958
Common stock and other equity securities 114,841 150,752
Partnership interests 299,157 271,447
Total investments, at fair value 699,158 970,157
Total derivative assets, at fair value   1,328
Total assets, at fair value 699,394 971,485
Liabilities, at fair value    
Loan obligations of CLOs 0 0
Total liabilities, at fair value (2,788) (648)
Consolidated Funds | Level III | Foreign exchange contracts    
Assets, at fair value    
Total derivative assets, at fair value 0 0
Liabilities, at fair value    
Derivative liabilities 0  
Derivatives—foreign exchange contracts   0
Consolidated Funds | Level III | Asset swaps - other    
Assets, at fair value    
Total derivative assets, at fair value 236 1,328
Liabilities, at fair value    
Derivative liabilities (2,788) (648)
Consolidated Funds | Level III | Bonds    
Assets, at fair value    
Collateralized loan obligations and other fixed income 8,523 1,649
Consolidated Funds | Level III | Loans    
Assets, at fair value    
Collateralized loan obligations and other fixed income 276,637 546,309
Ares Management L.P    
Assets, at fair value    
Common stock and other equity securities 13,560 11,681
Partnership interests 36,765 36,053
Total investments, at fair value 132,838 108,558
Total assets, at fair value 137,039 109,624
Liabilities, at fair value    
Derivatives—foreign exchange contracts   (869)
Total liabilities, at fair value (163) (869)
Ares Management L.P | Foreign exchange contracts    
Assets, at fair value    
Total derivative assets, at fair value 4,201 1,066
Liabilities, at fair value    
Derivative liabilities (163)  
Ares Management L.P | Collateralized loan obligations    
Assets, at fair value    
Collateralized loan obligations and other fixed income 82,513 60,824
Ares Management L.P | Level I    
Assets, at fair value    
Common stock and other equity securities 128 280
Partnership interests 0 0
Total investments, at fair value 128 280
Total assets, at fair value 128 280
Liabilities, at fair value    
Derivatives—foreign exchange contracts   0
Total liabilities, at fair value 0 0
Ares Management L.P | Level I | Foreign exchange contracts    
Assets, at fair value    
Total derivative assets, at fair value 0 0
Liabilities, at fair value    
Derivative liabilities 0  
Ares Management L.P | Level I | Collateralized loan obligations    
Assets, at fair value    
Collateralized loan obligations and other fixed income 0 0
Ares Management L.P | Level II    
Assets, at fair value    
Common stock and other equity securities 1,035 1,004
Partnership interests 0 0
Total investments, at fair value 1,035 1,004
Total assets, at fair value 5,236 2,070
Liabilities, at fair value    
Derivatives—foreign exchange contracts   (869)
Total liabilities, at fair value (163) (869)
Ares Management L.P | Level II | Foreign exchange contracts    
Assets, at fair value    
Total derivative assets, at fair value 4,201 1,066
Liabilities, at fair value    
Derivative liabilities (163)  
Ares Management L.P | Level II | Collateralized loan obligations    
Assets, at fair value    
Collateralized loan obligations and other fixed income 0 0
Ares Management L.P | Level III    
Assets, at fair value    
Common stock and other equity securities 12,397 10,397
Partnership interests 35,192 35,192
Total investments, at fair value 130,102 106,413
Total assets, at fair value 130,102 106,413
Liabilities, at fair value    
Derivatives—foreign exchange contracts   0
Total liabilities, at fair value 0 0
Ares Management L.P | Level III | Foreign exchange contracts    
Assets, at fair value    
Total derivative assets, at fair value 0 0
Liabilities, at fair value    
Derivative liabilities 0  
Ares Management L.P | Level III | Collateralized loan obligations    
Assets, at fair value    
Collateralized loan obligations and other fixed income 82,513 60,824
Ares Management L.P | Investments Measured at NAV    
Assets, at fair value    
Partnership interests 1,573 861
Total investments, at fair value 1,573 861
Total assets, at fair value $ 1,573 $ 861