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FAIR VALUE - Schedule of Quantitative Inputs and Assumptions used for Level III Inputs (Details)
$ in Thousands
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Consolidated Funds     
Assets    
Equity securities $ 1,240,653 $ 731,599
Partnership interests 1,642,489 1,392,169
Collateralized loan obligations 12,345,657 10,701,720
Fixed income investments 11,718,445 11,080,865
Total assets, at fair value 14,610,713 13,207,533
Liabilities    
Derivative instruments (10,782) (15,824)
Total liabilities, at fair value (12,356,439) (10,717,544)
Consolidated Funds  | Level III     
Assets    
Equity securities 1,190,400 730,880
Partnership interests 0 368,655
Collateralized loan obligations 0 0
Fixed income investments 740,113 869,668
Total assets, at fair value 1,930,513 1,969,203
Liabilities    
Derivative instruments (1,291) (3,556)
Total liabilities, at fair value (1,291) (3,556)
Consolidated Funds  | Level III  | Discounted cash flow    
Assets    
Equity securities $ 648,581 401,229
Partnership interests   $ 368,655
Consolidated Funds  | Level III  | Discounted cash flow | Discount rate | Minimum    
Significant Unobservable Input(s)    
Equity securities 0.100 0.080
Partnership interest   0.103
Consolidated Funds  | Level III  | Discounted cash flow | Discount rate | Maximum    
Significant Unobservable Input(s)    
Equity securities 0.160 0.180
Partnership interest   0.220
Consolidated Funds  | Level III  | Discounted cash flow | Discount rate | Weighted Average    
Significant Unobservable Input(s)    
Equity securities 0.130 12
Partnership interest   0.189
Consolidated Funds  | Level III  | Market approach | Equity Securities One    
Assets    
Equity securities $ 537,733 $ 290,258
Consolidated Funds  | Level III  | Market approach | Equity Securities Two    
Assets    
Equity securities 3,909 36,681
Consolidated Funds  | Level III  | Market approach | Equity Securities Three    
Assets    
Equity securities   2,064
Consolidated Funds  | Level III  | Market approach | Fixed Income Investments One    
Assets    
Fixed income investments 188,322 125,612
Consolidated Funds  | Level III  | Market approach | Fixed Income Investments Two    
Assets    
Fixed income investments $ 2,974 $ 4,479
Consolidated Funds  | Level III  | Market approach | Multiple of book value | Minimum | Equity Securities One    
Significant Unobservable Input(s)    
Equity securities 1.0 1.0
Consolidated Funds  | Level III  | Market approach | Multiple of book value | Maximum | Equity Securities One    
Significant Unobservable Input(s)    
Equity securities 1.7 1.2
Consolidated Funds  | Level III  | Market approach | Multiple of book value | Weighted Average | Equity Securities One    
Significant Unobservable Input(s)    
Equity securities 1.3 1.2
Consolidated Funds  | Level III  | Market approach | Net income multiple | Equity Securities Two    
Significant Unobservable Input(s)    
Equity securities   30.0
Consolidated Funds  | Level III  | Market approach | Net income multiple | Weighted Average | Equity Securities Two    
Significant Unobservable Input(s)    
Equity securities   30.0
Consolidated Funds  | Level III  | Market approach | EBITDA multiple | Minimum | Equity Securities Two    
Significant Unobservable Input(s)    
Equity securities 4.5  
Consolidated Funds  | Level III  | Market approach | EBITDA multiple | Minimum | Equity Securities Three    
Significant Unobservable Input(s)    
Equity securities   6.3
Consolidated Funds  | Level III  | Market approach | EBITDA multiple | Minimum | Fixed Income Investments Two    
Significant Unobservable Input(s)    
Fixed income investments 4.5 8.0
Consolidated Funds  | Level III  | Market approach | EBITDA multiple | Maximum | Equity Securities Two    
Significant Unobservable Input(s)    
Equity securities 32.4  
Consolidated Funds  | Level III  | Market approach | EBITDA multiple | Maximum | Equity Securities Three    
Significant Unobservable Input(s)    
Equity securities   31.0
Consolidated Funds  | Level III  | Market approach | EBITDA multiple | Maximum | Fixed Income Investments Two    
Significant Unobservable Input(s)    
Fixed income investments 32.4 9.0
Consolidated Funds  | Level III  | Market approach | EBITDA multiple | Weighted Average | Equity Securities Two    
Significant Unobservable Input(s)    
Equity securities 8.9  
Consolidated Funds  | Level III  | Market approach | EBITDA multiple | Weighted Average | Equity Securities Three    
Significant Unobservable Input(s)    
Equity securities   13.6
Consolidated Funds  | Level III  | Market approach | EBITDA multiple | Weighted Average | Fixed Income Investments Two    
Significant Unobservable Input(s)    
Fixed income investments 9.0 8.5
Consolidated Funds  | Level III  | Market approach | Yield | Minimum | Fixed Income Investments One    
Significant Unobservable Input(s)    
Fixed income investments 0.083 0.066
Consolidated Funds  | Level III  | Market approach | Yield | Maximum | Fixed Income Investments One    
Significant Unobservable Input(s)    
Fixed income investments 0.241 0.217
Consolidated Funds  | Level III  | Market approach | Yield | Weighted Average | Fixed Income Investments One    
Significant Unobservable Input(s)    
Fixed income investments 0.122 0.128
Consolidated Funds  | Level III  | Transaction price    
Assets    
Fixed income investments   $ 6,155
Consolidated Funds  | Level III  | Other    
Assets    
Equity securities $ 177 648
Fixed income investments 32,747 1,714
Consolidated Funds  | Level III  | Broker quotes and/or 3rd party pricing services    
Assets    
Fixed income investments 516,070 731,708
Liabilities    
Derivative instruments (1,291) (3,556)
Ares Management L.P    
Assets    
Equity securities 499,063 198,807
Partnership interests 6,287 1,385
Total assets, at fair value 632,773 281,299
Liabilities    
Total liabilities, at fair value (2,645) (3,423)
Ares Management L.P | Level III     
Assets    
Equity securities 412,491 121,785
Partnership interests 0 0
Total assets, at fair value 538,785 198,719
Liabilities    
Total liabilities, at fair value 0 0
Ares Management L.P | Level III  | Discounted cash flow    
Assets    
Equity securities $ 154,460  
Ares Management L.P | Level III  | Discounted cash flow | Discount rate | Minimum    
Significant Unobservable Input(s)    
Equity securities 20  
Ares Management L.P | Level III  | Discounted cash flow | Discount rate | Maximum    
Significant Unobservable Input(s)    
Equity securities 30  
Ares Management L.P | Level III  | Discounted cash flow | Discount rate | Weighted Average    
Significant Unobservable Input(s)    
Equity securities 25  
Ares Management L.P | Level III  | Market approach    
Assets    
Equity securities   $ 106,295
Ares Management L.P | Level III  | Market approach | Equity Securities One    
Assets    
Equity securities $ 118,846  
Ares Management L.P | Level III  | Market approach | Equity Securities Two    
Assets    
Equity securities $ 6,447  
Ares Management L.P | Level III  | Market approach | Multiple of book value | Minimum    
Significant Unobservable Input(s)    
Equity securities 1.3 1.3
Ares Management L.P | Level III  | Market approach | Multiple of book value | Maximum    
Significant Unobservable Input(s)    
Equity securities 1.6 3.2
Ares Management L.P | Level III  | Market approach | Multiple of book value | Weighted Average    
Significant Unobservable Input(s)    
Equity securities 1.5 2.4
Ares Management L.P | Level III  | Market approach | Enterprise value / LTM multiple of FRE | Equity Securities Two    
Significant Unobservable Input(s)    
Equity securities 15.4  
Ares Management L.P | Level III  | Market approach | Enterprise value / LTM multiple of FRE | Weighted Average | Equity Securities Two    
Significant Unobservable Input(s)    
Equity securities 15.4  
Ares Management L.P | Level III  | Transaction price    
Assets    
Equity securities $ 100,000 $ 15,490
Fixed income investments 83,000 30,189
Ares Management L.P | Level III  | Other    
Assets    
Equity securities 32,738  
Collateralized loan obligations 22,495  
Fixed income investments   21,582
Ares Management L.P | Level III  | Broker quotes and/or 3rd party pricing services    
Assets    
Collateralized loan obligations   $ 25,163
Fixed income investments $ 20,799