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FAIR VALUE - Schedule of Changes in Fair Value of Level III Measurements (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Consolidated Funds     
Level III Net Assets of Consolidated Funds    
Balance, beginning of period $ 1,929,222 $ 1,965,647
Transfer in 91,729 284,198
Transfer out (172,358) (447,536)
Purchases 418,227 417,604
Sales/settlements (285,911) (222,513)
Realized and unrealized appreciation (depreciation), net 23,299 40,390
Balance, end of period 2,004,208 2,037,790
Change in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date $ 23,265 $ 7,965
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Net realized and unrealized gains (losses) from investments Net realized and unrealized gains (losses) from investments
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration] Net realized and unrealized gains (losses) from investments Net realized and unrealized gains (losses) from investments
Consolidated Funds  | Equity securities    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period $ 1,190,400 $ 730,880
Transfer in 0 0
Transfer out 0 0
Purchases 154,475 180,372
Sales/settlements 0 (122)
Realized and unrealized appreciation (depreciation), net 21,589 21,505
Balance, end of period 1,366,464 932,635
Change in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date 22,225 21,436
Consolidated Funds  | Fixed Income    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period 740,113 869,668
Transfer in 91,729 284,198
Transfer out (172,358) (447,536)
Purchases 263,706 188,232
Sales/settlements (285,911) (173,502)
Realized and unrealized appreciation (depreciation), net 2,039 11,744
Balance, end of period 639,318 732,804
Change in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date 1,420 (20,602)
Consolidated Funds  | Partnership Interests    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period   368,655
Transfer in   0
Transfer out   0
Purchases   49,000
Sales/settlements   (48,889)
Realized and unrealized appreciation (depreciation), net   5,283
Balance, end of period   374,049
Change in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date   5,283
Consolidated Funds  | Derivatives, Net    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period (1,291) (3,556)
Transfer in 0 0
Transfer out 0 0
Purchases 46 0
Sales/settlements 0 0
Realized and unrealized appreciation (depreciation), net (329) 1,858
Balance, end of period (1,574) (1,698)
Change in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date (380) 1,848
Ares Management L.P    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period 538,785 198,719
Purchases 2,296 1,246
Sales/settlements (109,142) (1,491)
Realized and unrealized appreciation (depreciation), net 6,523 1,768
Balance, end of period 438,462 200,242
Change in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date 6,523 1,767
Ares Management L.P | Equity securities    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period 412,491 121,785
Purchases 30 52
Sales/settlements (782) 45
Realized and unrealized appreciation (depreciation), net 5,135 3,191
Balance, end of period 416,874 125,073
Change in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date 5,135 2,978
Ares Management L.P | Fixed Income    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period 126,294 76,934
Purchases 2,266 1,194
Sales/settlements (108,360) (1,536)
Realized and unrealized appreciation (depreciation), net 1,388 (1,423)
Balance, end of period 21,588 75,169
Change in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date $ 1,388 $ (1,211)