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FAIR VALUE - Assets and Liabilities Measured at Fair Value (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Consolidated Funds    
Assets, at fair value    
Collateralized loan obligations and other fixed income $ 10,852,660 $ 10,410,442
Common stock and other equity securities 264,202 227,031
Partnership interests 244,157 239,624
Total investments, at fair value 11,361,019 10,877,097
Total derivative assets, at fair value 325  
Total assets, at fair value 11,361,344 10,878,201
Liabilities, at fair value    
Derivative liabilities (18,513)  
Loan obligations of CLOs (10,174,794) (9,958,076)
Total liabilities, at fair value (10,193,307) (9,958,120)
Consolidated Funds | Asset swaps-other    
Assets, at fair value    
Total derivative assets, at fair value 325 1,104
Liabilities, at fair value    
Derivative liabilities (1,513) (44)
Consolidated Funds | Warrants    
Liabilities, at fair value    
Derivative liabilities (17,000)  
Consolidated Funds | Collateralized loan obligations and other fixed income, at fair value    
Assets, at fair value    
Collateralized loan obligations and other fixed income 28,500  
Consolidated Funds | Bonds    
Assets, at fair value    
Collateralized loan obligations and other fixed income 434,226 397,494
Consolidated Funds | Loans    
Assets, at fair value    
Collateralized loan obligations and other fixed income 9,389,769 10,012,948
Consolidated Funds | U.S. Treasury securities    
Assets, at fair value    
Collateralized loan obligations and other fixed income 1,000,165  
Consolidated Funds | Level I     
Assets, at fair value    
Collateralized loan obligations and other fixed income 1,000,165 0
Common stock and other equity securities 3,366 5,749
Partnership interests 0 0
Total investments, at fair value 1,003,531 5,749
Total derivative assets, at fair value 0  
Total assets, at fair value 1,003,531 5,749
Liabilities, at fair value    
Derivative liabilities (17,000)  
Loan obligations of CLOs 0 0
Total liabilities, at fair value (17,000) 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  | Warrants    
Liabilities, at fair value    
Derivative liabilities (17,000)  
Consolidated Funds | Level I  | Collateralized loan obligations and other fixed income, at fair value    
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 I  | U.S. Treasury securities    
Assets, at fair value    
Collateralized loan obligations and other fixed income 1,000,165  
Consolidated Funds | Level II     
Assets, at fair value    
Collateralized loan obligations and other fixed income 9,449,819 9,868,136
Common stock and other equity securities 1,590 239
Partnership interests 0 0
Total investments, at fair value 9,451,409 9,868,375
Total derivative assets, at fair value 0  
Total assets, at fair value 9,451,409 9,868,375
Liabilities, at fair value    
Derivative liabilities 0  
Loan obligations of CLOs (10,174,794) (9,958,076)
Total liabilities, at fair value (10,174,794) (9,958,076)
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  | Warrants    
Liabilities, at fair value    
Derivative liabilities 0  
Consolidated Funds | Level II  | Collateralized loan obligations and other fixed income, at fair value    
Assets, at fair value    
Collateralized loan obligations and other fixed income 28,500  
Consolidated Funds | Level II  | Bonds    
Assets, at fair value    
Collateralized loan obligations and other fixed income 406,253 397,485
Consolidated Funds | Level II  | Loans    
Assets, at fair value    
Collateralized loan obligations and other fixed income 9,015,066 9,470,651
Consolidated Funds | Level II  | U.S. Treasury securities    
Assets, at fair value    
Collateralized loan obligations and other fixed income 0  
Consolidated Funds | Level III     
Assets, at fair value    
Collateralized loan obligations and other fixed income 402,676 542,306
Common stock and other equity securities 259,246 221,043
Partnership interests 237,558 231,857
Total investments, at fair value 899,480 995,206
Total derivative assets, at fair value 325  
Total assets, at fair value 899,805 996,310
Liabilities, at fair value    
Derivative liabilities (1,513) (44)
Loan obligations of CLOs 0 0
Total liabilities, at fair value (1,513) (44)
Consolidated Funds | Level III  | Asset swaps-other    
Assets, at fair value    
Total derivative assets, at fair value 325 1,104
Liabilities, at fair value    
Derivative liabilities (1,513) (44)
Consolidated Funds | Level III  | Warrants    
Liabilities, at fair value    
Derivative liabilities 0  
Consolidated Funds | Level III  | Collateralized loan obligations and other fixed income, at fair value    
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 27,973 9
Consolidated Funds | Level III  | Loans    
Assets, at fair value    
Collateralized loan obligations and other fixed income 374,703 542,297
Consolidated Funds | Level III  | U.S. Treasury securities    
Assets, at fair value    
Collateralized loan obligations and other fixed income 0  
Consolidated Funds | Investments Measured at NAV    
Assets, at fair value    
Collateralized loan obligations and other fixed income 0 0
Common stock and other equity securities 0 0
Partnership interests 6,599 7,767
Total investments, at fair value 6,599 7,767
Total derivative assets, at fair value 0  
Total assets, at fair value 6,599 7,767
Liabilities, at fair value    
Derivative liabilities 0  
Loan obligations of CLOs 0 0
Total liabilities, at fair value 0 0
Consolidated Funds | Investments Measured at NAV | 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 | Investments Measured at NAV | Warrants    
Liabilities, at fair value    
Derivative liabilities 0  
Consolidated Funds | Investments Measured at NAV | Collateralized loan obligations and other fixed income, at fair value    
Assets, at fair value    
Collateralized loan obligations and other fixed income 0  
Consolidated Funds | Investments Measured at NAV | Bonds    
Assets, at fair value    
Collateralized loan obligations and other fixed income 0 0
Consolidated Funds | Investments Measured at NAV | Loans    
Assets, at fair value    
Collateralized loan obligations and other fixed income 0 0
Consolidated Funds | Investments Measured at NAV | U.S. Treasury securities    
Assets, at fair value    
Collateralized loan obligations and other fixed income 0  
Ares Management L.P    
Assets, at fair value    
Common stock and other equity securities 109,807 89,419
Partnership interests 8,618 3,784
Total investments, at fair value 172,732 146,552
Total assets, at fair value 177,093 147,992
Liabilities, at fair value    
Derivative liabilities   (1,565)
Contingent consideration (41,413)  
Total liabilities, at fair value (41,678) (1,565)
Ares Management L.P | Derivatives-foreign exchange contracts and interest rate contracts    
Assets, at fair value    
Total derivative assets, at fair value 4,361  
Ares Management L.P | Derivatives-foreign exchange contracts    
Assets, at fair value    
Total derivative assets, at fair value   1,440
Liabilities, at fair value    
Derivative liabilities (265)  
Ares Management L.P | Collateralized loan obligations and other fixed income, at fair value    
Assets, at fair value    
Collateralized loan obligations and other fixed income 54,307 53,349
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 assets, at fair value 0 0
Liabilities, at fair value    
Derivative liabilities   0
Contingent consideration 0  
Total liabilities, at fair value 0 0
Ares Management L.P | Level I  | Derivatives-foreign exchange contracts and interest rate contracts    
Assets, at fair value    
Total derivative assets, at fair value 0  
Ares Management L.P | Level I  | Derivatives-foreign exchange contracts    
Assets, at fair value    
Total derivative assets, at fair value   0
Liabilities, at fair value    
Derivative liabilities 0  
Ares Management L.P | Level I  | Collateralized loan obligations and other fixed income, at fair value    
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 1,410 1,007
Partnership interests 0 0
Total investments, at fair value 1,410 1,007
Total assets, at fair value 5,771 2,447
Liabilities, at fair value    
Derivative liabilities   (1,565)
Contingent consideration 0  
Total liabilities, at fair value (265) (1,565)
Ares Management L.P | Level II  | Derivatives-foreign exchange contracts and interest rate contracts    
Assets, at fair value    
Total derivative assets, at fair value 4,361  
Ares Management L.P | Level II  | Derivatives-foreign exchange contracts    
Assets, at fair value    
Total derivative assets, at fair value   1,440
Liabilities, at fair value    
Derivative liabilities (265)  
Ares Management L.P | Level II  | Collateralized loan obligations and other fixed income, at fair value    
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 108,397 88,412
Partnership interests 2,575 2,575
Total investments, at fair value 165,279 144,336
Total assets, at fair value 165,279 144,336
Liabilities, at fair value    
Derivative liabilities   0
Contingent consideration (41,413)  
Total liabilities, at fair value (41,413) 0
Ares Management L.P | Level III  | Derivatives-foreign exchange contracts and interest rate contracts    
Assets, at fair value    
Total derivative assets, at fair value 0  
Ares Management L.P | Level III  | Derivatives-foreign exchange contracts    
Assets, at fair value    
Total derivative assets, at fair value   0
Liabilities, at fair value    
Derivative liabilities 0  
Ares Management L.P | Level III  | Collateralized loan obligations and other fixed income, at fair value    
Assets, at fair value    
Collateralized loan obligations and other fixed income 54,307 53,349
Ares Management L.P | Investments Measured at NAV    
Assets, at fair value    
Common stock and other equity securities 0 0
Partnership interests 6,043 1,209
Total investments, at fair value 6,043 1,209
Total assets, at fair value 6,043 1,209
Liabilities, at fair value    
Derivative liabilities   0
Contingent consideration 0  
Total liabilities, at fair value 0 0
Ares Management L.P | Investments Measured at NAV | Derivatives-foreign exchange contracts and interest rate contracts    
Assets, at fair value    
Total derivative assets, at fair value 0  
Ares Management L.P | Investments Measured at NAV | Derivatives-foreign exchange contracts    
Assets, at fair value    
Total derivative assets, at fair value   0
Liabilities, at fair value    
Derivative liabilities 0  
Ares Management L.P | Investments Measured at NAV | Collateralized loan obligations and other fixed income, at fair value    
Assets, at fair value    
Collateralized loan obligations and other fixed income $ 0 $ 0