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CONSOLIDATION - Income Statement (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues        
Total revenues $ 801,290 $ 948,719 $ 2,117,719 $ 2,901,926
Expenses        
Compensation and benefits 425,419 335,569 1,155,031 837,108
Performance related compensation 142,934 331,141 316,818 1,208,954
General, administrative and other expenses 319,352 134,453 562,441 285,471
Total expenses 898,102 813,267 2,062,654 2,363,108
Other income (expense)        
Net realized and unrealized gains (losses) on investments 4,431 8,334 10,765 18,744
Interest and dividend income 2,086 1,376 5,064 6,818
Interest expense (18,307) (11,523) (51,174) (25,125)
Other income, net 2,601 36,654 10,194 30,686
Total other income (expense) 36,434 111,536 112,932 218,011
Income (loss) before taxes (60,378) 246,988 167,997 756,829
Income tax expense (benefit) (11,599) 30,275 22,272 104,487
Net income (loss) (48,779) 216,713 145,725 652,342
Net income (loss) attributable to Ares Management Corporation (35,546) 84,726 50,048 284,748
Less: Series A Preferred Stock dividends paid 0 0 0 10,850
Less: Series A Preferred Stock redemption premium 0 0 0 11,239
Net income (loss) attributable to Ares Management Corporation Class A and non-voting common stockholders (35,546) 84,726 50,048 262,659
Eliminations         
Revenues        
Total revenues (13,484) (21,784) (69,487) (58,072)
Expenses        
Compensation and benefits 0 0    
Performance related compensation 0 0    
General, administrative and other expenses (14) 0 (241)  
Total expenses (11,746) (11,102) (34,948) (35,078)
Other income (expense)        
Net realized and unrealized gains (losses) on investments (1,002) 5,575 20,691 8,142
Interest and dividend income (3,734) (1,326) (12,541) (2,877)
Other income, net (531) 316 274 (175)
Total other income (expense) 1,922 4,973 13,655 13,783
Income (loss) before taxes 184 (5,709) (20,884) (9,211)
Income tax expense (benefit) 0 0    
Net income (loss) 184 (5,709) (20,884) (9,211)
Net income (loss) attributable to Ares Management Corporation Class A and non-voting common stockholders 0 0 0  
Consolidated Funds         
Expenses        
Expenses of Consolidated Funds 10,397 12,104 28,364 31,575
Other income (expense)        
Net realized and unrealized gains (losses) on investments (30) 34,245 8,031 44,720
Interest expense (112,762) (61,578) (266,028) (191,577)
Interest and other income of Consolidated Funds 158,415 104,028 396,080 333,745
Less: Net income (loss) attributable to non-controlling interests 16,340 47,370 48,700 102,255
Consolidated Funds  | Reportable legal entity        
Revenues        
Total revenues 0 0 0 0
Expenses        
Expenses of Consolidated Funds 22,129 23,206 63,071 66,653
Total expenses 22,129 23,206 63,071 66,653
Other income (expense)        
Net realized and unrealized gains (losses) on investments (3,760) 36,695 12,445 46,541
Interest expense (115,690) (64,752) (275,947) (201,916)
Interest and other income of Consolidated Funds 157,884 104,344 396,354 333,570
Total other income (expense) 38,434 76,287 132,852 178,195
Income (loss) before taxes 16,305 53,081 69,781 111,542
Income tax expense (benefit) 149 2 197 76
Net income (loss) 16,156 53,079 69,584 111,466
Less: Net income (loss) attributable to non-controlling interests 16,156 53,079 69,584 111,466
Consolidated Funds  | Eliminations         
Expenses        
Expenses of Consolidated Funds (11,732) (11,102) (34,707) (35,078)
Other income (expense)        
Net realized and unrealized gains (losses) on investments 3,730 (2,450) (4,414) (1,821)
Interest expense 2,928 3,174 9,919 10,339
Interest and other income of Consolidated Funds 531 (316) (274) 175
Less: Net income (loss) attributable to non-controlling interests 184 (5,709) (20,884) (9,211)
Ares Operating Group        
Other income (expense)        
Net income (loss) (65,119) 169,343 97,025 550,087
Less: Net income (loss) attributable to redeemable interest 93 324 35 693
Less: Net income (loss) attributable to non-controlling interests (29,666) 84,293 46,942 264,646
Ares Operating Group | Reportable legal entity        
Other income (expense)        
Less: Net income (loss) attributable to non-controlling interests       264,646
Ares Operating Group | Eliminations         
Other income (expense)        
Less: Net income (loss) attributable to non-controlling interests   0    
Consolidated Company  Entities         
Revenues        
Total revenues 801,290 948,719 2,117,719 2,901,926
Consolidated Company  Entities  | Reportable legal entity        
Revenues        
Total revenues 814,774 970,503 2,187,206 2,959,998
Expenses        
Compensation and benefits 425,419 335,569 1,155,031 837,108
Performance related compensation 142,934 331,141 316,818 1,208,954
General, administrative and other expenses 319,366 134,453 562,682 285,471
Total expenses 887,719 801,163 2,034,531 2,331,533
Other income (expense)        
Net realized and unrealized gains (losses) on investments 5,433 2,759 (9,926) 10,602
Interest and dividend income 5,820 2,702 17,605 9,695
Interest expense (18,307) (11,523) (51,174) (25,125)
Other income, net 3,132 36,338 9,920 30,861
Total other income (expense) (3,922) 30,276 (33,575) 26,033
Income (loss) before taxes (76,867) 199,616 119,100 654,498
Income tax expense (benefit) (11,748) 30,273 22,075 104,411
Net income (loss) (65,119) 169,343 97,025 550,087
Net income (loss) attributable to Ares Management Corporation       284,748
Less: Series A Preferred Stock dividends paid       10,850
Less: Series A Preferred Stock redemption premium       11,239
Net income (loss) attributable to Ares Management Corporation Class A and non-voting common stockholders (35,546) 84,726 50,048 262,659
Consolidated Company  Entities  | Consolidated Funds  | Reportable legal entity        
Other income (expense)        
Less: Net income (loss) attributable to non-controlling interests       0
Consolidated Company  Entities  | Ares Operating Group | Reportable legal entity        
Other income (expense)        
Net income (loss) (65,119) 169,343 97,025 550,087
Less: Net income (loss) attributable to redeemable interest 93 324 35 693
Less: Net income (loss) attributable to non-controlling interests (29,666) 84,293 46,942  
Management fees        
Revenues        
Total revenues 548,458 448,262 1,546,350 1,135,821
Management fees | Eliminations         
Revenues        
Total revenues (11,682) (11,051) (34,523) (33,416)
Management fees | Consolidated Company  Entities  | Reportable legal entity        
Revenues        
Total revenues 560,140 459,313 1,580,873 1,169,237
Carried interest allocation        
Revenues        
Total revenues 192,186 460,651 417,779 1,610,707
Carried interest allocation | Eliminations         
Revenues        
Total revenues 0 0    
Carried interest allocation | Consolidated Company  Entities  | Reportable legal entity        
Revenues        
Total revenues 192,186 460,651 417,779 1,610,707
Incentive fees        
Revenues        
Total revenues 8,882 696 29,979 19,420
Incentive fees | Eliminations         
Revenues        
Total revenues 0 0 (34) (1,528)
Incentive fees | Consolidated Company  Entities  | Reportable legal entity        
Revenues        
Total revenues 8,882 696 30,013 20,948
Principal investment income (loss)        
Revenues        
Total revenues 11,582 14,250 15,521 86,477
Principal investment income (loss) | Eliminations         
Revenues        
Total revenues 2,144 (6,469) (21,900) (9,971)
Principal investment income (loss) | Consolidated Company  Entities  | Reportable legal entity        
Revenues        
Total revenues 9,438 20,719 37,421 96,448
Administrative, transaction and other fees        
Revenues        
Total revenues 40,182 24,860 108,090 49,501
Administrative, transaction and other fees | Eliminations         
Revenues        
Total revenues (3,946) (4,264) (13,030) (13,157)
Administrative, transaction and other fees | Consolidated Company  Entities  | Reportable legal entity        
Revenues        
Total revenues $ 44,128 $ 29,124 $ 121,120 $ 62,658