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CONSOLIDATION - Income Statement (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues    
Total revenues $ 707,363 $ 813,362
Expenses    
Compensation and benefits 412,951 360,781
Performance related compensation (50,532) 111,658
General, administrative and other expenses 170,928 148,345
Expenses of Consolidated Funds 5,146 7,852
Total expenses 538,493 628,636
Other income (expense)    
Total other income, net 62,178 56,396
Income before taxes 231,048 241,122
Income tax expense 27,233 33,806
Net income 203,815 207,316
Less: Net income attributable to non-controlling interests in Consolidated Funds 66,716 26,693
Net income (loss) 137,099 180,623
Less: Net income (loss) attributable to redeemable interest 73 (1,824)
Less: Net income attributable to non-controlling interests in Ares Operating Group entities 63,999 88,408
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 73,027 94,039
Eliminations     
Revenues    
Total revenues (8,776) (32,688)
Expenses    
General, administrative and other expenses (433) (343)
Expenses of Consolidated Funds (12,562) (11,789)
Total expenses (12,995) (12,132)
Other income (expense)    
Total other income, net (902) 4,451
Income before taxes 3,317 (16,105)
Net income 3,317 (16,105)
Less: Net income attributable to non-controlling interests in Consolidated Funds 3,317 (16,105)
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 0  
Ares Operating Group    
Other income (expense)    
Net realized and unrealized gains (losses) from investments 10,516 1,515
Interest and dividend income 5,382 3,839
Interest expense (37,824) (24,986)
Other income (expense), net 270 (923)
Net income (loss) 137,099 180,623
Less: Net income (loss) attributable to redeemable interest 73 (1,824)
Less: Net income attributable to non-controlling interests in Ares Operating Group entities 63,999 88,408
Ares Operating Group | Eliminations     
Other income (expense)    
Net realized and unrealized gains (losses) from investments (1,841) (6,337)
Interest and dividend income (2,710) (3,337)
Other income (expense), net (208) 91
Consolidated Funds     
Expenses    
Expenses of Consolidated Funds 5,146 7,852
Other income (expense)    
Net realized and unrealized gains (losses) from investments 34,424 10,700
Interest expense (207,866) (156,687)
Interest and other income of Consolidated Funds 257,276 222,938
Less: Net income attributable to non-controlling interests in Consolidated Funds 66,716 26,693
Consolidated Funds  | Eliminations     
Other income (expense)    
Net realized and unrealized gains (losses) from investments 2,072 12,769
Interest expense 1,576 1,356
Interest and other income of Consolidated Funds 209 (91)
Consolidated Company Entities     
Revenues    
Total revenues 707,363 813,362
Consolidated Company Entities  | Reportable legal entity    
Revenues    
Total revenues 716,139 846,050
Expenses    
Compensation and benefits 412,951 360,781
Performance related compensation (50,532) 111,658
General, administrative and other expenses 171,361 148,688
Total expenses 533,780 621,127
Other income (expense)    
Total other income, net (16,897) (10,972)
Income before taxes 165,462 213,951
Income tax expense 28,363 33,328
Net income 137,099 180,623
Net income (loss) 137,099 180,623
Less: Net income (loss) attributable to redeemable interest 73 (1,824)
Less: Net income attributable to non-controlling interests in Ares Operating Group entities 63,999 88,408
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 73,027 94,039
Consolidated Company Entities  | Ares Operating Group | Reportable legal entity    
Other income (expense)    
Net realized and unrealized gains (losses) from investments 12,357 7,852
Interest and dividend income 8,092 7,176
Interest expense (37,824) (24,986)
Other income (expense), net 478 (1,014)
Consolidated Entity, Excluding VIE | Reportable legal entity    
Revenues    
Total revenues 0 0
Expenses    
Expenses of Consolidated Funds 17,708 19,641
Total expenses 17,708 19,641
Other income (expense)    
Total other income, net 79,977 62,917
Income before taxes 62,269 43,276
Income tax expense (1,130) 478
Net income 63,399 42,798
Less: Net income attributable to non-controlling interests in Consolidated Funds 63,399 42,798
Consolidated Entity, Excluding VIE | Consolidated Funds  | Reportable legal entity    
Other income (expense)    
Net realized and unrealized gains (losses) from investments 32,352 (2,069)
Interest expense (209,442) (158,043)
Interest and other income of Consolidated Funds 257,067 223,029
Management fees    
Revenues    
Total revenues 687,692 600,516
Management fees | Eliminations     
Revenues    
Total revenues (12,453) (11,601)
Management fees | Consolidated Company Entities  | Reportable legal entity    
Revenues    
Total revenues 700,145 612,117
Carried interest allocation    
Revenues    
Total revenues (32,478) 151,488
Carried interest allocation | Eliminations     
Revenues    
Total revenues (5,928) (3,407)
Carried interest allocation | Consolidated Company Entities  | Reportable legal entity    
Revenues    
Total revenues (26,550) 154,895
Incentive fees    
Revenues    
Total revenues 8,667 8,923
Incentive fees | Eliminations     
Revenues    
Total revenues 3 (138)
Incentive fees | Consolidated Company Entities  | Reportable legal entity    
Revenues    
Total revenues 8,664 9,061
Principal investment income (loss)    
Revenues    
Total revenues 7,050 22,758
Principal investment income (loss) | Eliminations     
Revenues    
Total revenues 9,715 (12,699)
Principal investment income (loss) | Consolidated Company Entities  | Reportable legal entity    
Revenues    
Total revenues (2,665) 35,457
Administrative, transaction and other fees    
Revenues    
Total revenues 36,432 29,677
Administrative, transaction and other fees | Eliminations     
Revenues    
Total revenues (113) (4,843)
Administrative, transaction and other fees | Consolidated Company Entities  | Reportable legal entity    
Revenues    
Total revenues $ 36,545 $ 34,520