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FAIR VALUE (Changes in Fair Value of Level III Measurements) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Fixed Income Securities    
Changes in the fair value of the Level III investments    
Transfer in   $ 0
Partnership interests    
Changes in the fair value of the Level III investments    
Transfer in   0
Consolidated Funds    
Changes in the fair value of the Level III investments    
Balance, beginning of period $ 970,837 663,702
Deconsolidation of fund (184,919) 47,335
Transfer in 56,914 86,995
Transfer out (187,925) (45,647)
Purchases 447,123 517,345
Sales/settlements (396,508) (309,947)
Amortized discounts/premiums 232 240
Realized and unrealized appreciation (depreciation), net 11,276 10,814
Balance, end of period 717,030 970,837
Increase (decrease) in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date 5,258 14,587
Consolidated Funds | Equity Securities    
Changes in the fair value of the Level III investments    
Balance, beginning of period 150,752 162,577
Deconsolidation of fund 0 506
Transfer in 0 0
Transfer out 0 0
Purchases 1,363 203
Sales/settlements (40,857) (21,141)
Amortized discounts/premiums 0 0
Realized and unrealized appreciation (depreciation), net (25,270) 8,607
Balance, end of period 85,988 150,752
Increase (decrease) in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date (24,690) 8,686
Consolidated Funds | Fixed Income Securities    
Changes in the fair value of the Level III investments    
Balance, beginning of period 547,958 267,889
Deconsolidation of fund (184,919) 46,829
Transfer in 56,914 86,995
Transfer out (187,925) (45,647)
Purchases 432,760 492,142
Sales/settlements (333,220) (283,620)
Amortized discounts/premiums 361 380
Realized and unrealized appreciation (depreciation), net 7,207 (17,010)
Balance, end of period 339,136 547,958
Increase (decrease) in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date 783 (13,157)
Consolidated Funds | Partnership interests    
Changes in the fair value of the Level III investments    
Balance, beginning of period 271,447 232,332
Deconsolidation of fund 0 0
Transfer in 0 0
Transfer out 0 0
Purchases 13,000 25,000
Sales/settlements (22,000) (5,000)
Amortized discounts/premiums 0 0
Realized and unrealized appreciation (depreciation), net 33,565 19,115
Balance, end of period 296,012 271,447
Increase (decrease) in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date 33,565 19,115
Consolidated Funds | Derivatives, Net    
Changes in the fair value of the Level III investments    
Balance, beginning of period 680 904
Deconsolidation of fund 0 0
Transfer in 0 0
Transfer out 0 0
Purchases 0 0
Sales/settlements (431) (186)
Amortized discounts/premiums (129) (140)
Realized and unrealized appreciation (depreciation), net (4,226) 102
Balance, end of period (4,106) 680
Increase (decrease) in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date (4,400) (57)
Ares Management L.P    
Changes in the fair value of the Level III investments    
Balance, beginning of period 106,413 239,927
Deconsolidation of fund 10,021 78
Transfer in   250
Purchases 30,795 93,797
Sales/settlements (31,387) (222,934)
Realized and unrealized appreciation (depreciation), net 3,237 (4,705)
Balance, end of period 119,079 106,413
Increase (decrease) in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date 2,672 (4,353)
Ares Management L.P | Equity Securities    
Changes in the fair value of the Level III investments    
Balance, beginning of period 10,397 0
Deconsolidation of fund 0 0
Transfer in   250
Purchases 3,000 1,000
Sales/settlements 0 0
Realized and unrealized appreciation (depreciation), net 1,307 9,147
Balance, end of period 14,704 10,397
Increase (decrease) in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date 1,307 9,147
Ares Management L.P | Fixed Income Securities    
Changes in the fair value of the Level III investments    
Balance, beginning of period 60,824 195,158
Deconsolidation of fund 10,021 78
Purchases 27,795 92,797
Sales/settlements (31,387) (222,934)
Realized and unrealized appreciation (depreciation), net 1,930 (4,275)
Balance, end of period 69,183 60,824
Increase (decrease) in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date 1,365 (3,923)
Ares Management L.P | Partnership interests    
Changes in the fair value of the Level III investments    
Balance, beginning of period 35,192 44,769
Deconsolidation of fund 0 0
Purchases 0 0
Sales/settlements 0 0
Realized and unrealized appreciation (depreciation), net 0 (9,577)
Balance, end of period 35,192 35,192
Increase (decrease) in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date $ 0 $ (9,577)