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FAIR VALUE - Changes in Fair Value of Level III Measurements (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Consolidated Funds         
Level III Net Assets of Consolidated Funds        
Balance, beginning of period $ 1,804,256 $ 938,346 $ 1,317,703 $ 996,265
Transfer in due to changes in consolidation       49,483
Transfer in 171,687 18,792 321,939 50,013
Transfer out (350,079) (209,282) (213,658) (216,210)
Purchases 253,535 246,526 776,333 486,627
Sales/settlements (154,618) (118,272) (487,176) (403,581)
Realized and unrealized appreciation(depreciation), net (29,361) 21,788 (20,474) 33,196
Amortized discounts/premiums 521 394 1,274 1,465
Balance, end of period 1,695,941 898,292 1,695,941 898,292
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date (7,929) 16,736 (47,977) 26,521
Consolidated Funds  | Equity securities        
Level III Net Assets of Consolidated Funds        
Balance, beginning of period 480,914 229,300 339,183 221,043
Transfer in due to changes in consolidation       (157)
Transfer in 0 0 0 2,195
Transfer out 0 0 0 (33)
Purchases 49,024 27,346 166,667 36,201
Sales/settlements (64) (313) (28,444) (876)
Realized and unrealized appreciation(depreciation), net (3,823) 2,913 48,645 872
Amortized discounts/premiums 0 0 0 1
Balance, end of period 526,051 259,246 526,051 259,246
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date (3,836) 2,912 22,304 790
Consolidated Funds  | Fixed Income        
Level III Net Assets of Consolidated Funds        
Balance, beginning of period 1,076,254 455,426 742,952 542,305
Transfer in due to changes in consolidation       49,326
Transfer in 171,687 18,792 321,939 47,818
Transfer out (350,079) (209,282) (213,658) (216,177)
Purchases 173,253 219,180 551,408 437,426
Sales/settlements (132,226) (88,584) (405,904) (371,006)
Realized and unrealized appreciation(depreciation), net (18,801) 6,750 (77,402) 10,172
Amortized discounts/premiums 521 394 1,274 1,464
Balance, end of period 920,609 402,676 920,609 402,676
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date (9,067) 1,607 (69,982) 2,700
Consolidated Funds  | Partnership Interests        
Level III Net Assets of Consolidated Funds        
Balance, beginning of period 250,123 255,278 238,673 231,857
Transfer in due to changes in consolidation       0
Transfer in 0 0 0 0
Transfer out 0 0 0 0
Purchases 31,258 0 58,258 13,000
Sales/settlements (22,328) (30,000) (52,828) (32,000)
Realized and unrealized appreciation(depreciation), net (6,419) 12,280 8,531 24,701
Amortized discounts/premiums 0 0 0 0
Balance, end of period 252,634 237,558 252,634 237,558
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date 5,421 12,280 344 24,701
Consolidated Funds  | Derivatives, Net        
Level III Net Assets of Consolidated Funds        
Balance, beginning of period (3,035) (1,658) (3,105) 1,060
Transfer in due to changes in consolidation       0
Transfer in 0 0 0 0
Transfer out 0 0 0 0
Purchases 0 0 0 0
Sales/settlements 0 625 0 301
Realized and unrealized appreciation(depreciation), net (318) (155) (248) (2,549)
Amortized discounts/premiums 0 0 0 0
Balance, end of period (3,353) (1,188) (3,353) (1,188)
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date (447) (63) (643) (1,670)
Ares Management L.P        
Level III Net Assets of Consolidated Funds        
Balance, beginning of period 152,064 165,655 106,486 144,336
Purchases(1)   (34,200)   (34,200)
Change in fair value (252)   (1,438)  
Transfer in due to changes in consolidation     1,491 (7,623)
Purchases 894 708 894 20,967
Sales/settlements (1,684) (2,904) 43,164 (12,120)
Realized and unrealized appreciation(depreciation), net 3,650 (5,393) 4,075 (2,740)
Balance, end of period 154,672 123,866 154,672 123,866
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date 6,833 (5,381) 4,703 (4,191)
Ares Management L.P | Equity securities        
Level III Net Assets of Consolidated Funds        
Balance, beginning of period 113,881 107,240 108,949 88,412
Purchases(1)   0   0
Change in fair value 0   0  
Transfer in due to changes in consolidation     1,491 0
Purchases 894 0 894 19,278
Sales/settlements (1,179) 0 (2,326) 0
Realized and unrealized appreciation(depreciation), net 3,676 1,157 8,264 707
Balance, end of period 117,272 108,397 117,272 108,397
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date 7,111 1,157 10,330 707
Ares Management L.P | Fixed Income        
Level III Net Assets of Consolidated Funds        
Balance, beginning of period 46,356 55,840 52,397 53,349
Purchases(1)   0   0
Change in fair value 0   0  
Transfer in due to changes in consolidation     0 (7,623)
Purchases 0 708 0 1,689
Sales/settlements (505) (2,904) (2,383) (12,120)
Realized and unrealized appreciation(depreciation), net (26) 663 (4,189) 3,766
Balance, end of period 45,825 54,307 45,825 54,307
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date (26) 675 (4,189) 2,315
Ares Management L.P | Partnership Interests        
Level III Net Assets of Consolidated Funds        
Balance, beginning of period 2,575 2,575 2,575 2,575
Purchases(1)   0   0
Change in fair value 0   0  
Transfer in due to changes in consolidation     0 0
Purchases 0 0 0 0
Sales/settlements 0 0 0 0
Realized and unrealized appreciation(depreciation), net 0 0 0 0
Balance, end of period 2,575 2,575 2,575 2,575
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date 0 0 0 0
Ares Management L.P | Contingent Consideration        
Level III Liabilities of the Company        
Balance, beginning of period (10,748) 0 (57,435) 0
Purchases(1)   (34,200)   (34,200)
Transfer in due to changes in consolidation     0 0
Change in fair value (252)   (1,438)  
Purchases 0 0 0 0
Sales/settlements 0 0 47,873 0
Realized and unrealized appreciation (depreciation), net 0 (7,213) 0 (7,213)
Balance, end of period (11,000) (41,413) (11,000) (41,413)
Change in net unrealized appreciation and fair value included in earnings related to financial liabilities still held at the reporting date $ (252) $ (7,213) $ (1,438) $ (7,213)