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CONSOLIDATION - Income Statement (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Total revenues $ 948,719 $ 489,866 $ 2,901,926 $ 1,106,033
Expenses        
Compensation and benefits 335,569   837,108  
Performance related compensation 331,141   1,208,954  
General, administrative and other expenses 134,453   285,471  
Total expenses 813,267 392,580 2,363,108 958,106
Other income (expense)        
Net realized and unrealized gains (losses) on investments 8,334   18,744  
Interest and dividend income 1,376   6,818  
Interest expense (11,523)   (25,125)  
Other income (expense), net 36,654   30,686  
Total other income (expense) 111,536 62,355 218,011 (43,602)
Income (loss) before taxes 246,988 159,641 756,829 104,325
Income tax expense 30,275 18,314 104,487 22,119
Net income (loss) 216,713 141,327 652,342 82,206
Net income attributable to Ares Management Corporation 84,726 47,545 284,748 72,880
Less: Series A Preferred Stock dividends paid 0 5,425 10,850 16,275
Less: Series A Preferred Stock redemption premium 0 0 11,239 0
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 84,726 42,120 262,659 56,605
Eliminations         
Revenues        
Total revenues (21,784) (22,839) (58,072) (12,499)
Expenses        
Compensation and benefits 0 0    
Performance related compensation 0 0    
General, administrative and other expenses 0 0    
Total expenses (11,102) (11,718) (35,078) (33,531)
Other income (expense)        
Net realized and unrealized gains (losses) on investments 5,575 (4,910) 8,142 15,009
Interest and dividend income (1,326) (258) (2,877) (2,990)
Other income (expense), net 316 8,540 (175) 8,748
Total other income (expense) 4,973 3,470 13,783 11,478
Income (loss) before taxes (5,709) (7,651) (9,211) 32,510
Income tax expense 0 0    
Net income (loss) (5,709) (7,651) (9,211) 32,510
Less: Series A Preferred Stock dividends paid   0    
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 0 0 0  
Consolidated Funds        
Expenses        
Expenses of Consolidated Funds 12,104 6,019 31,575 16,706
Other income (expense)        
Net realized and unrealized gains (losses) on investments 34,245 17,971 44,720 (153,268)
Interest expense (61,578) (66,322) (191,577) (222,860)
Interest and other income of Consolidated Funds 104,028 116,581 333,745 346,120
Less: Net income (loss) attributable to non-controlling interests 47,370 42,627 102,255 (38,593)
Consolidated Funds | Reportable legal entity        
Revenues        
Total revenues 0 0 0 0
Expenses        
Expenses of Consolidated Funds 23,206 17,737 66,653 50,237
Total expenses 23,206 17,737 66,653 50,237
Other income (expense)        
Net realized and unrealized gains (losses) on investments 36,695 9,850 46,541 (148,826)
Interest expense (64,752) (67,818) (201,916) (227,532)
Interest and other income of Consolidated Funds 104,344 126,100 333,570 355,639
Total other income (expense) 76,287 68,132 178,195 (20,719)
Income (loss) before taxes 53,081 50,395 111,542 (70,956)
Income tax expense 2 117 76 147
Net income (loss) 53,079 50,278 111,466 (71,103)
Less: Net income (loss) attributable to non-controlling interests 53,079 50,278 111,466 (71,103)
Consolidated Funds | Eliminations         
Expenses        
Expenses of Consolidated Funds (11,102) (11,718) (35,078) (33,531)
Other income (expense)        
Net realized and unrealized gains (losses) on investments (2,450) 8,121 (1,821) (4,442)
Interest expense 3,174 1,496 10,339 4,672
Interest and other income of Consolidated Funds (316) (9,519) 175 (9,519)
Less: Net income (loss) attributable to non-controlling interests (5,709) (7,651) (9,211) 32,510
Ares Operating Group        
Other income (expense)        
Net income (loss) 169,343 98,700 550,087 120,799
Less: Net income (loss) attributable to non-controlling interests 84,293 52,162 264,646 48,926
Less: Net income (loss) attributable to redeemable interest 324 (1,007) 693 (1,007)
Ares Operating Group | Reportable legal entity        
Other income (expense)        
Less: Net income (loss) attributable to non-controlling interests       48,926
Ares Operating Group | Eliminations         
Other income (expense)        
Net income (loss) 0      
Less: Net income (loss) attributable to non-controlling interests   0    
Consolidated Company  Entities         
Revenues        
Total revenues 948,719 489,866 2,901,926 1,106,033
Expenses        
Compensation and benefits 335,569 194,267 837,108 559,482
Performance related compensation 331,141 122,356 1,208,954 191,565
General, administrative and other expenses 134,453 69,938 285,471 190,353
Other income (expense)        
Net realized and unrealized gains (losses) on investments 8,334 (2,607) 18,744 (10,351)
Interest and dividend income 1,376 1,344 6,818 5,112
Interest expense (11,523) (6,815) (25,125) (18,203)
Other income (expense), net 36,654 2,203 30,686 9,848
Consolidated Company  Entities  | Reportable legal entity        
Revenues        
Total revenues 970,503 512,705 2,959,998 1,118,532
Expenses        
Compensation and benefits 335,569 194,267 837,108 559,482
Performance related compensation 331,141 122,356 1,208,954 191,565
General, administrative and other expenses 134,453 69,938 285,471 190,353
Total expenses 801,163 386,561 2,331,533 941,400
Other income (expense)        
Net realized and unrealized gains (losses) on investments 2,759 2,303 10,602 (25,360)
Interest and dividend income 2,702 1,602 9,695 8,102
Interest expense (11,523) (6,815) (25,125) (18,203)
Other income (expense), net 36,338 (6,337) 30,861 1,100
Total other income (expense) 30,276 (9,247) 26,033 (34,361)
Income (loss) before taxes 199,616 116,897 654,498 142,771
Income tax expense 30,273 18,197 104,411 21,972
Net income (loss) 169,343 98,700 550,087 120,799
Net income attributable to Ares Management Corporation   47,545 284,748 72,880
Less: Series A Preferred Stock dividends paid   5,425 10,850 16,275
Less: Series A Preferred Stock redemption premium     11,239  
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 84,726 42,120 262,659 56,605
Consolidated Company  Entities  | Consolidated Funds | Reportable legal entity        
Other income (expense)        
Less: Net income (loss) attributable to non-controlling interests       0
Consolidated Company  Entities  | Ares Operating Group | Reportable legal entity        
Other income (expense)        
Net income (loss) 169,343 98,700 550,087 120,799
Less: Net income (loss) attributable to non-controlling interests 84,293 52,162 264,646  
Less: Net income (loss) attributable to redeemable interest 324 (1,007) 693 (1,007)
Management fees        
Revenues        
Total revenues 448,262   1,135,821  
Management fees | Eliminations         
Revenues        
Total revenues (11,051) (11,719) (33,416) (33,601)
Management fees | Consolidated Company  Entities         
Revenues        
Total revenues 448,262 292,434 1,135,821 823,150
Management fees | Consolidated Company  Entities  | Reportable legal entity        
Revenues        
Total revenues 459,313 304,153 1,169,237 856,751
Carried interest allocation        
Revenues        
Total revenues 460,651   1,610,707  
Carried interest allocation | Eliminations         
Revenues        
Total revenues 0 0    
Carried interest allocation | Consolidated Company  Entities         
Revenues        
Total revenues 460,651 168,978 1,610,707 241,380
Carried interest allocation | Consolidated Company  Entities  | Reportable legal entity        
Revenues        
Total revenues 460,651 168,978 1,610,707 241,380
Incentive fees        
Revenues        
Total revenues 696   19,420  
Incentive fees | Eliminations         
Revenues        
Total revenues 0 0 (1,528) 70
Incentive fees | Consolidated Company  Entities         
Revenues        
Total revenues 696 7,194 19,420 4,276
Incentive fees | Consolidated Company  Entities  | Reportable legal entity        
Revenues        
Total revenues 696 7,194 20,948 4,206
Principal investment income        
Revenues        
Total revenues 14,250   86,477  
Principal investment income | Eliminations         
Revenues        
Total revenues (6,469) (6,672) (9,971) 33,281
Principal investment income | Consolidated Company  Entities         
Revenues        
Total revenues 14,250 11,408 86,477 8,330
Principal investment income | Consolidated Company  Entities  | Reportable legal entity        
Revenues        
Total revenues 20,719 18,080 96,448 (24,951)
Administrative, transaction and other fees        
Revenues        
Total revenues 24,860   49,501  
Administrative, transaction and other fees | Eliminations         
Revenues        
Total revenues (4,264) (4,448) (13,157) (12,249)
Administrative, transaction and other fees | Consolidated Company  Entities         
Revenues        
Total revenues 24,860 9,852 49,501 28,897
Administrative, transaction and other fees | Consolidated Company  Entities  | Reportable legal entity        
Revenues        
Total revenues $ 29,124 $ 14,300 $ 62,658 $ 41,146