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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues      
Total revenues $ 4,212,091 $ 1,764,046 $ 1,765,438
Expenses      
Compensation and benefits 1,162,633    
Performance related compensation 1,740,786    
General, administrative and other expenses 444,178    
Total expenses 3,410,083 1,450,486 1,462,797
Other income (expense)      
Net realized and unrealized gains (losses) on investments 19,102    
Interest and dividend income 9,865    
Interest expense (36,760)    
Other income (expense), net 14,402    
Total other income (expense) 263,682 65,918 122,539
Income before taxes 1,065,690 379,478 425,180
Income tax expense 147,385 54,993 52,376
Net income 918,305 324,485 372,804
Net income attributable to Ares Management Corporation 408,837 152,142 148,884
Less: Series A Preferred Stock dividends paid 10,850 21,700 21,700
Less: Series A Preferred Stock redemption premium 11,239 0 0
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders $ 386,748 $ 130,442 $ 127,184
Class A Common Stock      
Net income per share of Class A and non-voting common stock:      
Basic (in dollars per share) $ 2.24 $ 0.89 $ 1.11
Diluted (in dollars per share) $ 2.15 $ 0.87 $ 1.06
Weighted-average shares of Class A and non-voting common stock:      
Basic (in shares) 163,703,626 135,065,436 107,914,953
Diluted (in shares) 180,112,271 149,508,498 119,877,429
Consolidated Funds      
Expenses      
Expenses of Consolidated Funds $ 62,486 $ 20,119 $ 42,045
Other income (expense)      
Net realized and unrealized gains (losses) on investments 77,303 (96,864) 15,136
Interest expense (258,048) (286,316) (277,745)
Interest and other income of Consolidated Funds 437,818 463,652 395,599
Less: Net income attributable to non-controlling interests 120,369 28,085 39,704
Ares Operating Group      
Other income (expense)      
Net income 797,936 296,400 333,100
Less: Net income attributable to non-controlling interests 390,440 145,234 184,216
Less: Net loss attributable to redeemable interest in Ares Operating Group entities (1,341) (976) 0
Ares Management L.P      
Revenues      
Total revenues 4,212,091 1,764,046 1,765,438
Expenses      
Compensation and benefits 1,162,633 767,252 653,352
Performance related compensation 1,740,786 404,116 497,181
General, administrative and other expenses 444,178 258,999 270,219
Other income (expense)      
Net realized and unrealized gains (losses) on investments 19,102 (9,008) 9,554
Interest and dividend income 9,865 8,071 7,506
Interest expense (36,760) (24,908) (19,671)
Other income (expense), net 14,402 11,291 (7,840)
Income tax expense 147,297 54,875 52,906
Management fees      
Revenues      
Total revenues 1,611,047    
Management fees | Ares Management L.P      
Revenues      
Total revenues 1,611,047 1,150,608 979,417
Carried interest allocation      
Revenues      
Total revenues 2,073,551    
Carried interest allocation | Ares Management L.P      
Revenues      
Total revenues 2,073,551 505,608 621,872
Incentive fees      
Revenues      
Total revenues 332,876    
Incentive fees | Ares Management L.P      
Revenues      
Total revenues 332,876 37,902 69,197
Principal investment income      
Revenues      
Total revenues 99,433    
Principal investment income | Ares Management L.P      
Revenues      
Total revenues 99,433 28,552 56,555
Administrative, transaction and other fees      
Revenues      
Total revenues 95,184    
Administrative, transaction and other fees | Ares Management L.P      
Revenues      
Total revenues $ 95,184 $ 41,376 $ 38,397