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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 194,504 $ 435,629
Net cash used in operating activities (568,198) (1,069,043)
Cash flows from investing activities:    
Net cash used in investing activities (320,125) (786,096)
Allocable to redeemable and non-controlling interests in Consolidated Funds:    
Net cash provided by financing activities 815,494 1,894,872
Effect of exchange rate changes (17,959) 3,361
Net change in cash and cash equivalents (90,788) 43,094
Cash and cash equivalents, beginning of period 343,655  
Cash and cash equivalents, end of period 252,867 582,906
Supplemental disclosure of non-cash financing activities:    
Issuance of AOG Units and Class A common stock in connection with acquisitions 12,835 299,640
Consolidated Funds     
Cash flows from operating activities:    
Adjustments to reconcile net income to net cash provided by (used in) operating activities: (855,803) (1,811,773)
Cash flows due to changes in operating assets and liabilities (125,132)  
Cash flows due to changes in operating assets and liabilities allocable to redeemable and non-controlling interest in Consolidated Funds (125,132) 414,530
Allocable to redeemable and non-controlling interests in Consolidated Funds:    
Contributions from redeemable and non-controlling interests in Consolidated Funds 218,280 962,829
Distributions to non-controlling interests in Consolidated Funds (53,638) (72,289)
Borrowings under loan obligations by Consolidated Funds 814,183 492,887
Repayments under loan obligations by Consolidated Funds (46,873) (59,731)
Ares Management L.P    
Cash flows from operating activities:    
Adjustments to reconcile net income to net cash provided by (used in) operating activities: 61,073 23,407
Cash flows due to changes in operating assets and liabilities 157,160 (130,836)
Cash flows from investing activities:    
Purchase of furniture, equipment and leasehold improvements, net of disposals (18,448) (7,952)
Acquisitions, net of cash acquired (301,677) (778,144)
Cash flows from financing activities:    
Net proceeds from issuance of Class A and non-voting common stock 0 827,430
Proceeds from Credit Facility 700,000 318,000
Proceeds from issuance of senior and subordinated notes 488,915 450,000
Repayments of Credit Facility (720,000) (318,000)
Dividends and distributions  (406,366) (288,178)
Series A Preferred Stock dividends 0 (10,850)
Redemption of Series A Preferred Stock 0 (310,000)
Stock option exercises 8,644 14,027
Taxes paid related to net share settlement of equity awards (189,485) (100,838)
Other financing activities 1,834 (10,415)
Allocable to redeemable and non-controlling interests in Consolidated Funds:    
Cash and cash equivalents, beginning of period 343,655 539,812
Cash and cash equivalents, end of period $ 252,867 $ 582,906