XML 113 R75.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
INCOME TAXES (Provision for Income Taxes) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Current:      
Total current income tax expense (benefit) $ 44,525 $ 27,903 $ (15,477)
Deferred:      
Total deferred income tax expense (benefit) 7,851 4,299 (7,575)
Total:      
Income tax expense (benefit) 52,376 32,202 (23,052)
Pro Forma      
Current:      
Total current income tax expense (benefit)     11,225
Deferred:      
Total deferred income tax expense (benefit)     15,881
Total:      
Income tax expense (benefit)     27,106
Ares Management L.P      
Current:      
U.S. federal income tax expense (benefit) 32,012 16,859 (21,559)
State and local income tax expense 6,940 4,306 454
Foreign income tax expense 6,103 6,607 3,741
Total current income tax expense (benefit) 45,055 27,772 (17,364)
Deferred:      
U.S. federal income tax expense (benefit) 8,820 10,572 (3,466)
State and local income tax expense (benefit) 1,001 (4,789) (2,414)
Foreign income tax benefit (1,970) (1,484) (1,695)
Total deferred income tax expense (benefit) 7,851 4,299 (7,575)
Total:      
U.S. federal income tax expense (benefit) 40,832 27,431 (25,025)
State and local income tax expense (benefit) 7,941 (483) (1,960)
Foreign income tax expense 4,133 5,123 2,046
Income tax expense (benefit) 52,906 32,071 (24,939)
Ares Management L.P | Pro Forma      
Current:      
U.S. federal income tax expense (benefit)     2,634
State and local income tax expense     2,963
Foreign income tax expense     3,741
Total current income tax expense (benefit)     9,338
Deferred:      
U.S. federal income tax expense (benefit)     18,297
State and local income tax expense (benefit)     (721)
Foreign income tax benefit     (1,695)
Total deferred income tax expense (benefit)     15,881
Total:      
U.S. federal income tax expense (benefit)     20,931
State and local income tax expense (benefit)     2,242
Foreign income tax expense     2,046
Income tax expense (benefit)     25,219
Consolidated Funds      
Current:      
Foreign income tax expense (530) 131 1,887
Total current income tax expense (benefit) $ (530) $ 131 1,887
Consolidated Funds | Pro Forma      
Current:      
Foreign income tax expense     1,887
Total current income tax expense (benefit)     $ 1,887