XML 110 R70.htm IDEA: XBRL DOCUMENT v3.24.1.u1
SEGMENT REPORTING - Schedule of Segment Revenue Expenses and Realized Net Investment Income (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Segment revenues    
Total revenues $ 707,363 $ 813,362
Total segment revenues 735,806 653,681
Segment expenses    
Compensation and benefits 412,951 360,781
General, administrative and other expenses 170,928 148,345
Total expenses 538,493 628,636
Segment realized net investment expense    
Total other income, net 62,178 56,396
Management fees    
Segment revenues    
Total revenues 687,692 600,516
Operating segment    
Segment revenues    
Performance income—realized 23,181 31,136
Segment expenses    
Performance related compensation—realized 13,156 23,859
Ares Management L.P    
Segment revenues    
Total revenues 707,363 813,362
Ares Management L.P | Operating segment    
Segment revenues    
Performance income—realized 23,181 31,136
Total segment revenues 735,806 653,681
Segment expenses    
Compensation and benefits 205,858 193,064
General, administrative and other expenses 64,793 48,345
Performance related compensation—realized 13,156 23,859
Total expenses 283,807 265,268
Segment realized net investment expense    
Investment loss—realized (735) (217)
Interest and other investment income —realized 15,568 17,673
Interest expense (37,784) (24,960)
Total other income, net (22,951) (7,504)
Ares Management L.P | Operating segment | Management fees    
Segment revenues    
Total revenues 693,365 602,619
Ares Management L.P | Operating segment | Fee related performance revenues    
Segment revenues    
Total revenues 3,717 3,871
Ares Management L.P | Operating segment | Other fees    
Segment revenues    
Total revenues $ 15,543 $ 16,055