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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ 145,725 $ 652,342
Net cash used in operating activities (543,605) (1,843,751)
Cash flows from investing activities:    
Net cash used in investing activities (330,046) (1,072,578)
Allocable to redeemable and non-controlling interests in Consolidated Funds:    
Net cash provided by financing activities 927,081 2,692,984
Effect of exchange rate changes (35,585) (20,763)
Net change in cash and cash equivalents 17,845 (244,108)
Cash and cash equivalents, beginning of period 343,655  
Cash and cash equivalents, end of period 361,500 295,704
Supplemental disclosure of non-cash financing activities:    
Issuance of AOG Units and Class A common stock in connection with acquisitions 12,835 511,069
Consolidated Funds     
Cash flows from operating activities:    
Adjustments to reconcile net income to net cash provided by (used in) operating activities: (1,128,425) (1,688,085)
Cash flows due to changes in operating assets and liabilities (195,504)  
Cash flows due to changes in operating assets and liabilities allocable to redeemable and non-controlling interest in Consolidated Funds (195,504) (729,703)
Allocable to redeemable and non-controlling interests in Consolidated Funds:    
Contributions from redeemable and non-controlling interests in Consolidated Funds 298,646 919,666
Distributions to non-controlling interests in Consolidated Funds (104,432) (84,770)
Borrowings under loan obligations by Consolidated Funds 1,120,680 1,456,887
Repayments under loan obligations by Consolidated Funds (121,273) (74,909)
Ares Management L.P    
Cash flows from operating activities:    
Adjustments to reconcile net income to net cash provided by (used in) operating activities: 320,950 71,133
Cash flows due to changes in operating assets and liabilities 313,649 (149,438)
Cash flows from investing activities:    
Purchase of furniture, equipment and leasehold improvements, net of disposals (28,388) (15,152)
Acquisitions, net of cash acquired (301,658) (1,057,426)
Cash flows from financing activities:    
Net proceeds from issuance of Class A and non-voting common stock 0 827,430
Proceeds from Credit Facility 940,000 468,000
Proceeds from issuance of senior and subordinated notes 488,915 450,000
Repayments of Credit Facility (910,000) (318,000)
Dividends and distributions  (608,220) (438,568)
Series A Preferred Stock dividends 0 (10,850)
Redemption of Series A Preferred Stock 0 (310,000)
Stock option exercises 14,531 27,409
Taxes paid related to net share settlement of equity awards (194,223) (221,287)
Other financing activities 2,457 1,976
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 $ 361,500 $ 295,704