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CONSOLIDATION - Income Statement (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues    
Total revenues $ 714,999 $ 658,388
Expenses    
Compensation and benefits 357,243  
Performance related compensation 129,405  
General, administrative and other expenses 120,523  
Total expenses 611,684 525,109
Other income (expense)    
Net realized and unrealized gains on investments 8,109  
Interest and dividend income 1,502  
Interest expense (15,646)  
Other income (expense), net 1,784  
Total other income 57,994 56,785
Income before taxes 161,309 190,064
Income tax benefit (expense) 20,411 25,754
Net income 140,898 164,310
Net income attributable to Ares Management Corporation 45,863 58,378
Less: Series A Preferred Stock dividends paid 0 5,425
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 45,863 52,953
Eliminations     
Revenues    
Total revenues (22,446) (17,371)
Expenses    
Total expenses (11,564) (13,265)
Other income (expense)    
Net realized and unrealized gains on investments 13,035 11,551
Interest and dividend income (1,908) (903)
Other income (expense), net 994 (456)
Total other income 7,518 4,112
Income before taxes (3,364) 6
Net income (3,364) 6
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 0  
Consolidated Funds     
Expenses    
Expenses of Consolidated Funds 4,513 4,171
Other income (expense)    
Net realized and unrealized gains on investments 15,968 16,422
Interest expense (74,013) (71,025)
Interest and other income of Consolidated Funds 120,290 115,839
Less: Net income attributable to non-controlling interests 47,382 49,858
Consolidated Funds  | Reportable legal entity    
Revenues    
Total revenues 0 0
Expenses    
Expenses of Consolidated Funds 16,077 17,436
Total expenses 16,077 17,436
Other income (expense)    
Net realized and unrealized gains on investments 23,011 26,468
Interest expense (77,447) (74,535)
Interest and other income of Consolidated Funds 121,284 115,383
Total other income 66,848 67,316
Income before taxes 50,771 49,880
Income tax benefit (expense) 25 28
Net income 50,746 49,852
Less: Net income attributable to non-controlling interests 50,746 49,852
Consolidated Funds  | Eliminations     
Expenses    
Expenses of Consolidated Funds (11,564) (13,265)
Other income (expense)    
Net realized and unrealized gains on investments (7,043) (10,046)
Interest expense 3,434 3,510
Interest and other income of Consolidated Funds (994) 456
Less: Net income attributable to non-controlling interests (3,364) 6
Ares Operating Group    
Other income (expense)    
Net income 93,516 114,452
Less: Net income attributable to non-controlling interests 47,254 56,042
Less: Net income (loss) attributable to redeemable interest 399 32
Ares Operating Group | Reportable legal entity    
Other income (expense)    
Less: Net income attributable to non-controlling interests   56,042
Consolidated Company  Entities     
Revenues    
Total revenues 714,999 658,388
Expenses    
Compensation and benefits 357,243 231,850
Performance related compensation 129,405 221,432
General, administrative and other expenses 120,523 67,656
Other income (expense)    
Net realized and unrealized gains on investments 8,109 5,433
Interest and dividend income 1,502 960
Interest expense (15,646) (6,695)
Other income (expense), net 1,784 (4,149)
Consolidated Company  Entities  | Reportable legal entity    
Revenues    
Total revenues 737,445 675,759
Expenses    
Compensation and benefits 357,243 231,850
Performance related compensation 129,405 221,432
General, administrative and other expenses 120,523 67,656
Total expenses 607,171 520,938
Other income (expense)    
Net realized and unrealized gains on investments (4,926) (6,118)
Interest and dividend income 3,410 1,863
Interest expense (15,646) (6,695)
Other income (expense), net 790 (3,693)
Total other income (16,372) (14,643)
Income before taxes 113,902 140,178
Income tax benefit (expense) 20,386 25,726
Net income 93,516 114,452
Net income attributable to Ares Management Corporation   58,378
Less: Series A Preferred Stock dividends paid   5,425
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 45,863 52,953
Consolidated Company  Entities  | Consolidated Funds  | Reportable legal entity    
Other income (expense)    
Less: Net income attributable to non-controlling interests   0
Consolidated Company  Entities  | Ares Operating Group | Reportable legal entity    
Other income (expense)    
Net income 93,516 114,452
Less: Net income attributable to non-controlling interests 47,254  
Less: Net income (loss) attributable to redeemable interest 399 32
Management fees    
Revenues    
Total revenues 477,332  
Management fees | Eliminations     
Revenues    
Total revenues (11,479) (11,706)
Management fees | Consolidated Company  Entities     
Revenues    
Total revenues 477,332 320,273
Management fees | Consolidated Company  Entities  | Reportable legal entity    
Revenues    
Total revenues 488,811 331,979
Carried interest allocation    
Revenues    
Total revenues 178,289  
Carried interest allocation | Consolidated Company  Entities     
Revenues    
Total revenues 178,289 297,535
Carried interest allocation | Consolidated Company  Entities  | Reportable legal entity    
Revenues    
Total revenues 178,289 297,535
Incentive fees    
Revenues    
Total revenues 16,422  
Incentive fees | Eliminations     
Revenues    
Total revenues (34) (1,525)
Incentive fees | Consolidated Company  Entities     
Revenues    
Total revenues 16,422 2,820
Incentive fees | Consolidated Company  Entities  | Reportable legal entity    
Revenues    
Total revenues 16,456 4,345
Principal investment income    
Revenues    
Total revenues 8,326  
Principal investment income | Eliminations     
Revenues    
Total revenues (6,164) 5
Principal investment income | Consolidated Company  Entities     
Revenues    
Total revenues 8,326 25,100
Principal investment income | Consolidated Company  Entities  | Reportable legal entity    
Revenues    
Total revenues 14,490 25,095
Administrative, transaction and other fees    
Revenues    
Total revenues 34,630  
Administrative, transaction and other fees | Eliminations     
Revenues    
Total revenues (4,769) (4,145)
Administrative, transaction and other fees | Consolidated Company  Entities     
Revenues    
Total revenues 34,630 12,660
Administrative, transaction and other fees | Consolidated Company  Entities  | Reportable legal entity    
Revenues    
Total revenues $ 39,399 $ 16,805