Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities:
Net income	$ 652,342	$ 82,206
Net cash provided by (used in) operating activities	(1,843,751)	12,462
Cash flows from investing activities:
Net cash used in investing activities	(1,072,578)	(126,437)
Allocable to redeemable and non-controlling interests in Consolidated Funds:
Net cash provided by financing activities	2,692,984	827,550
Effect of exchange rate changes	(20,763)	16,793
Net change in cash and cash equivalents	(244,108)	730,368
Cash and cash equivalents, beginning of period	539,812
Cash and cash equivalents, end of period	295,704	868,752
Supplemental disclosure of non-cash financing activities:
Issuance of AOG Units in connection with acquisitions	511,069	305,338
Consolidated Funds
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities	(1,688,085)	(766,399)
Cash flows due to changes in operating assets and liabilities	(729,703)	366,367
Allocable to redeemable and non-controlling interests in Consolidated Funds:
Contributions from redeemable and non-controlling interests in Consolidated Funds	919,666	123,713
Distributions to non-controlling interests in Consolidated Funds	(84,770)	(169,747)
Borrowings under loan obligations by Consolidated Funds	1,456,887	618,207
Repayments under loan obligations by Consolidated Funds	(74,909)	(104,794)
Ares Management L.P
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities	71,133	184,586
Cash flows due to changes in operating assets and liabilities	(149,438)	145,702
Cash flows from investing activities:
Purchase of furniture, equipment and leasehold improvements, net of disposals	(15,152)	(8,608)
Acquisitions, net of cash acquired	(1,057,426)	(117,829)
Cash flows from financing activities:
Net proceeds from issuance of Class A and non-voting common stock	827,430	383,154
Proceeds from Credit Facility	468,000	790,000
Proceeds from issuance of senior and subordinated notes	450,000	399,084
Repayments of Credit Facility	(318,000)	(860,000)
Dividends and distributions	(438,568)	(334,957)
Series A Preferred Stock dividends	(10,850)	(16,275)
Redemption of Series A Preferred Stock	(310,000)	0
Stock option exercises	27,409	78,959
Taxes paid related to net share settlement of equity awards	(221,287)	(75,657)
Other financing activities	1,976	(4,137)
Allocable to redeemable and non-controlling interests in Consolidated Funds:
Cash and cash equivalents, beginning of period	539,812	138,384
Cash and cash equivalents, end of period	$ 295,704	$ 868,752