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FAIR VALUE (Assets and Liabilities Measured at Fair Value) (Details) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Consolidated Funds    
Assets, at fair value    
Collateralized loan obligations and other fixed income $ 10,248,425 $ 8,319,551
Common stock and other equity securities 47,197 112,384
Partnership interests 309,234 296,012
Total investments, at fair value 10,604,856 8,727,947
Derivatives-foreign exchange contracts 1,857  
Total derivative assets, at fair value 10,606,713 8,728,614
Liabilities, at fair value    
Derivative liabilities   (4,776)
Loan obligations of CLOs (9,608,127) (7,973,748)
Total liabilities, at fair value (9,608,130) (7,978,524)
Consolidated Funds | Derivatives-foreign exchange contracts    
Assets, at fair value    
Derivatives-foreign exchange contracts   667
Liabilities, at fair value    
Derivative liabilities   (670)
Consolidated Funds | Derivatives-asset swaps-other    
Assets, at fair value    
Derivatives-foreign exchange contracts 1,857  
Liabilities, at fair value    
Derivative liabilities (3) (4,106)
Consolidated Funds | Investments in CLO warehouse    
Assets, at fair value    
Collateralized loan obligations and other fixed income   44,435
Consolidated Funds | Bonds    
Assets, at fair value    
Collateralized loan obligations and other fixed income 331,228 212,376
Consolidated Funds | Loans    
Assets, at fair value    
Collateralized loan obligations and other fixed income 9,917,197 8,062,740
Consolidated Funds | Level I     
Assets, at fair value    
Collateralized loan obligations and other fixed income 0 0
Common stock and other equity securities 3,985 26,396
Partnership interests 0 0
Total investments, at fair value 3,985 26,396
Derivatives-foreign exchange contracts 0  
Total derivative assets, at fair value 3,985 26,396
Liabilities, at fair value    
Derivative liabilities   0
Loan obligations of CLOs 0 0
Total liabilities, at fair value 0 0
Consolidated Funds | Level I  | Derivatives-foreign exchange contracts    
Assets, at fair value    
Derivatives-foreign exchange contracts   0
Liabilities, at fair value    
Derivative liabilities   0
Consolidated Funds | Level I  | Derivatives-asset swaps-other    
Assets, at fair value    
Derivatives-foreign exchange contracts 0  
Liabilities, at fair value    
Derivative liabilities 0 0
Consolidated Funds | Level I  | Investments in CLO warehouse    
Assets, at fair value    
Collateralized loan obligations and other fixed income   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 9,734,544 7,980,415
Common stock and other equity securities 0 0
Partnership interests 0 0
Total investments, at fair value 9,734,544 7,980,415
Derivatives-foreign exchange contracts 0  
Total derivative assets, at fair value 9,734,544 7,981,082
Liabilities, at fair value    
Derivative liabilities   (670)
Loan obligations of CLOs (9,608,127) (7,973,748)
Total liabilities, at fair value (9,608,127) (7,974,418)
Consolidated Funds | Level II  | Derivatives-foreign exchange contracts    
Assets, at fair value    
Derivatives-foreign exchange contracts   667
Liabilities, at fair value    
Derivative liabilities   (670)
Consolidated Funds | Level II  | Derivatives-asset swaps-other    
Assets, at fair value    
Derivatives-foreign exchange contracts 0  
Liabilities, at fair value    
Derivative liabilities 0 0
Consolidated Funds | Level II  | Investments in CLO warehouse    
Assets, at fair value    
Collateralized loan obligations and other fixed income   44,435
Consolidated Funds | Level II  | Bonds    
Assets, at fair value    
Collateralized loan obligations and other fixed income 331,228 207,966
Consolidated Funds | Level II  | Loans    
Assets, at fair value    
Collateralized loan obligations and other fixed income 9,403,316 7,728,014
Consolidated Funds | Level III     
Assets, at fair value    
Collateralized loan obligations and other fixed income 513,881 339,136
Common stock and other equity securities 43,212 85,988
Partnership interests 309,234 296,012
Total investments, at fair value 866,327 721,136
Derivatives-foreign exchange contracts 1,857  
Total derivative assets, at fair value 868,184 721,136
Liabilities, at fair value    
Derivative liabilities   (4,106)
Loan obligations of CLOs 0 0
Total liabilities, at fair value (3) (4,106)
Consolidated Funds | Level III  | Derivatives-foreign exchange contracts    
Assets, at fair value    
Derivatives-foreign exchange contracts   0
Liabilities, at fair value    
Derivative liabilities   0
Consolidated Funds | Level III  | Derivatives-asset swaps-other    
Assets, at fair value    
Derivatives-foreign exchange contracts 1,857  
Liabilities, at fair value    
Derivative liabilities (3) (4,106)
Consolidated Funds | Level III  | Investments in CLO warehouse    
Assets, at fair value    
Collateralized loan obligations and other fixed income   0
Consolidated Funds | Level III  | Bonds    
Assets, at fair value    
Collateralized loan obligations and other fixed income 0 4,410
Consolidated Funds | Level III  | Loans    
Assets, at fair value    
Collateralized loan obligations and other fixed income 513,881 334,726
Ares Management L.P    
Assets, at fair value    
Common stock and other equity securities 86,885 15,747
Partnership interests 4,483 36,824
Total investments, at fair value 166,982 121,754
Total derivative assets, at fair value 169,742 125,777
Liabilities, at fair value    
Derivative liabilities   (113)
Total liabilities, at fair value (284) (113)
Ares Management L.P | Derivatives-foreign exchange contracts    
Assets, at fair value    
Derivatives-foreign exchange contracts 2,760 4,023
Liabilities, at fair value    
Derivative liabilities (284)  
Ares Management L.P | Investments in CLO warehouse    
Assets, at fair value    
Collateralized loan obligations and other fixed income 75,614 69,183
Ares Management L.P | Level I     
Assets, at fair value    
Common stock and other equity securities 0 0
Partnership interests 0 0
Total investments, at fair value 0 0
Total derivative assets, at fair value 0 0
Liabilities, at fair value    
Derivative liabilities   0
Total liabilities, at fair value 0 0
Ares Management L.P | Level I  | Derivatives-foreign exchange contracts    
Assets, at fair value    
Derivatives-foreign exchange contracts 0 0
Liabilities, at fair value    
Derivative liabilities 0  
Ares Management L.P | Level I  | Investments in CLO warehouse    
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 960 1,043
Partnership interests 0 0
Total investments, at fair value 960 1,043
Total derivative assets, at fair value 3,720 5,066
Liabilities, at fair value    
Derivative liabilities   (113)
Total liabilities, at fair value (284) (113)
Ares Management L.P | Level II  | Derivatives-foreign exchange contracts    
Assets, at fair value    
Derivatives-foreign exchange contracts 2,760 4,023
Liabilities, at fair value    
Derivative liabilities (284)  
Ares Management L.P | Level II  | Investments in CLO warehouse    
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 85,925 14,704
Partnership interests 2,575 35,192
Total investments, at fair value 164,114 119,079
Total derivative assets, at fair value 164,114 119,079
Liabilities, at fair value    
Derivative liabilities   0
Total liabilities, at fair value 0 0
Ares Management L.P | Level III  | Derivatives-foreign exchange contracts    
Assets, at fair value    
Derivatives-foreign exchange contracts 0 0
Liabilities, at fair value    
Derivative liabilities 0  
Ares Management L.P | Level III  | Investments in CLO warehouse    
Assets, at fair value    
Collateralized loan obligations and other fixed income 75,614 69,183
Ares Management L.P | Investments Measured at NAV    
Assets, at fair value    
Partnership interests 1,908 1,632
Total investments, at fair value 1,908 1,632
Total derivative assets, at fair value $ 1,908 $ 1,632