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CONSOLIDATION - Income Statement (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues        
Total revenues $ 1,093,286 $ 601,430 $ 1,906,648 $ 1,316,429
Expenses        
Compensation and benefits 367,550 375,775 728,331 729,612
Performance related compensation 315,780 41,073 427,438 173,884
General, administrative and other expenses 141,153 122,566 289,498 243,089
Total expenses 837,738 552,868 1,466,374 1,164,552
Other income (expense)        
Net realized and unrealized gains on investments 5,481 (1,775) 6,996 6,334
Interest and dividend income 2,690 1,476 6,529 2,978
Interest expense (25,839) (17,221) (50,825) (32,867)
Other income (expense), net (5,887) 5,809 (6,810) 7,593
Total other income, net 126,421 18,504 182,817 76,498
Income before taxes 381,969 67,066 623,091 228,375
Income tax expense 49,714 13,460 83,520 33,871
Net income 332,255 53,606 539,571 194,504
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 144,514 39,731 238,553 85,594
Eliminations         
Revenues        
Total revenues (76,440) (33,557) (109,128) (56,003)
Expenses        
Compensation and benefits 0 0    
Performance related compensation 0 0    
General, administrative and other expenses (31) (227) (374) (227)
Total expenses (12,171) (11,638) (24,303) (23,202)
Other income (expense)        
Net realized and unrealized gains on investments 10,036 8,658 3,699 21,693
Interest and dividend income (2,797) (6,899) (6,134) (8,807)
Other income (expense), net 211 (189) 302 805
Total other income, net 10,492 4,215 14,943 11,733
Income before taxes (53,777) (17,704) (69,882) (21,068)
Income tax expense 0 0    
Net income (53,777) (17,704) (69,882) (21,068)
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 0 0 0  
Consolidated Funds         
Expenses        
Expenses of Consolidated Funds 13,255 13,454 21,107 17,967
Other income (expense)        
Net realized and unrealized gains on investments 98,426 (7,907) 109,126 8,061
Interest expense (182,904) (79,253) (339,591) (153,266)
Interest and other income of Consolidated Funds 234,454 117,375 457,392 237,665
Less: Net income (loss) attributable to non-controlling interests 67,681 (15,022) 94,374 32,360
Consolidated Funds  | Reportable legal entity        
Revenues        
Total revenues 0 0 0 0
Expenses        
Expenses of Consolidated Funds 25,395 24,865 45,036 40,942
Total expenses 25,395 24,865 45,036 40,942
Other income (expense)        
Net realized and unrealized gains on investments 96,288 (6,806) 94,219 16,205
Interest expense (184,019) (82,810) (342,062) (160,257)
Interest and other income of Consolidated Funds 234,665 117,186 457,694 238,470
Total other income, net 146,934 27,570 209,851 94,418
Income before taxes 121,539 2,705 164,815 53,476
Income tax expense 81 23 559 48
Net income 121,458 2,682 164,256 53,428
Less: Net income (loss) attributable to non-controlling interests 121,458 2,682 164,256 53,428
Consolidated Funds  | Eliminations         
Expenses        
Expenses of Consolidated Funds (12,140) (11,411) (23,929) (22,975)
Other income (expense)        
Net realized and unrealized gains on investments 2,138 (1,101) 14,907 (8,144)
Interest expense 1,115 3,557 2,471 6,991
Interest and other income of Consolidated Funds (211) 189 (302) (805)
Less: Net income (loss) attributable to non-controlling interests (53,777) (17,704) (69,882) (21,068)
AOG Units        
Other income (expense)        
Net income 264,574 68,628 445,197 162,144
Less: Net income (loss) attributable to redeemable interest 734 (457) (1,090) (58)
Less: Net income (loss) attributable to non-controlling interests 119,326 29,354 207,734 76,608
AOG Units | Reportable legal entity        
Other income (expense)        
Less: Net income (loss) attributable to non-controlling interests       76,608
AOG Units | Eliminations         
Other income (expense)        
Net income 0 0    
Consolidated Company Entities         
Revenues        
Total revenues 1,093,286 601,430 1,906,648 1,316,429
Consolidated Company Entities  | Reportable legal entity        
Revenues        
Total revenues 1,169,726 634,987 2,015,776 1,372,432
Expenses        
Compensation and benefits 367,550 375,775 728,331 729,612
Performance related compensation 315,780 41,073 427,438 173,884
General, administrative and other expenses 141,184 122,793 289,872 243,316
Total expenses 824,514 539,641 1,445,641 1,146,812
Other income (expense)        
Net realized and unrealized gains on investments (4,555) (10,433) 3,297 (15,359)
Interest and dividend income 5,487 8,375 12,663 11,785
Interest expense (25,839) (17,221) (50,825) (32,867)
Other income (expense), net (6,098) 5,998 (7,112) 6,788
Total other income, net (31,005) (13,281) (41,977) (29,653)
Income before taxes 314,207 82,065 528,158 195,967
Income tax expense 49,633 13,437 82,961 33,823
Net income 264,574 68,628 445,197 162,144
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 144,514 39,731 238,553 85,594
Consolidated Company Entities  | Consolidated Funds  | Reportable legal entity        
Other income (expense)        
Less: Net income (loss) attributable to non-controlling interests       0
Consolidated Company Entities  | AOG Units | Reportable legal entity        
Other income (expense)        
Net income 264,574 68,628 445,197 162,144
Less: Net income (loss) attributable to redeemable interest 734 (457) (1,090) (58)
Less: Net income (loss) attributable to non-controlling interests 119,326 29,354 207,734  
Management fees        
Revenues        
Total revenues 615,271 520,560 1,215,787 997,892
Management fees | Eliminations         
Revenues        
Total revenues (12,005) (11,362) (23,606) (22,841)
Management fees | Consolidated Company Entities  | Reportable legal entity        
Revenues        
Total revenues 627,276 531,922 1,239,393 1,020,733
Carried interest allocation        
Revenues        
Total revenues 418,466 47,304 569,954 225,593
Carried interest allocation | Eliminations         
Revenues        
Total revenues (3,946) 0 (7,353)  
Carried interest allocation | Consolidated Company Entities  | Reportable legal entity        
Revenues        
Total revenues 422,412 47,304 577,307 225,593
Incentive fees        
Revenues        
Total revenues 7,950 4,675 16,873 21,097
Incentive fees | Eliminations         
Revenues        
Total revenues 0 0 (138) (34)
Incentive fees | Consolidated Company Entities  | Reportable legal entity        
Revenues        
Total revenues 7,950 4,675 17,011 21,131
Principal investment income (loss)        
Revenues        
Total revenues 6,888 (4,387) 29,646 3,939
Principal investment income (loss) | Eliminations         
Revenues        
Total revenues (58,354) (17,880) (71,053) (24,044)
Principal investment income (loss) | Consolidated Company Entities  | Reportable legal entity        
Revenues        
Total revenues 65,242 13,493 100,699 27,983
Administrative, transaction and other fees        
Revenues        
Total revenues 44,711 33,278 74,388 67,908
Administrative, transaction and other fees | Eliminations         
Revenues        
Total revenues (2,135) (4,315) (6,978) (9,084)
Administrative, transaction and other fees | Consolidated Company Entities  | Reportable legal entity        
Revenues        
Total revenues $ 46,846 $ 37,593 $ 81,366 $ 76,992