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CONSOLIDATION - Income Statement (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Total revenues $ 788,682 $ 1,093,286 $ 1,496,045 $ 1,906,648
Expenses        
Compensation and benefits 419,858 367,550 832,809 728,331
Performance related compensation (28,985) 315,780 (79,517) 427,438
General, administrative and other expenses 169,432 141,153 340,360 289,498
Expenses of Consolidated Funds 4,239 13,255 9,385  
Total expenses 564,544 837,738 1,103,037 1,466,374
Other income (expense)        
Total other income, net 93,187 126,421 155,365 182,817
Income before taxes 317,325 381,969 548,373 623,091
Income tax expense 41,074 49,714 68,307 83,520
Net income 276,251 332,255 480,066 539,571
Less: Net income attributable to non-controlling interests in Consolidated Funds 105,489 67,681 172,205  
Net income (loss) 170,762 264,574 307,861 445,197
Less: Net income (loss) attributable to redeemable interest (387) 734 (314)  
Less: Net income attributable to non-controlling interests in Ares Operating Group entities 76,211 119,326 140,210  
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 94,938 144,514 167,965 238,553
Eliminations         
Revenues        
Total revenues 5,161 (76,440) (3,615) (109,128)
Expenses        
Compensation and benefits 0 0    
Performance related compensation 0 0    
General, administrative and other expenses 0 (31) (433) (374)
Expenses of Consolidated Funds (12,170) (12,140) (24,732) (23,929)
Total expenses (12,170) (12,171) (25,165) (24,303)
Other income (expense)        
Total other income, net 1,233 10,492 331 14,943
Income before taxes 18,564 (53,777) 21,881 (69,882)
Net income 18,564 (53,777) 21,881 (69,882)
Less: Net income attributable to non-controlling interests in Consolidated Funds 18,564 (53,777) 21,881 (69,882)
Net income (loss) 0 0    
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 0 0 0  
Ares Operating Group        
Other income (expense)        
Net realized and unrealized gains (losses) from investments 8,339 5,481 18,855 6,996
Interest and dividend income 7,017 2,690 12,399 6,529
Interest expense (37,500) (25,839) (75,324) (50,825)
Other expense, net (938) (5,887) (668) (6,810)
Net income (loss) 170,762 264,574 307,861 445,197
Less: Net income (loss) attributable to redeemable interest (387) 734 (314) (1,090)
Less: Net income attributable to non-controlling interests in Ares Operating Group entities 76,211 119,326 140,210 207,734
Ares Operating Group | Eliminations         
Other income (expense)        
Net realized and unrealized gains (losses) from investments (4,660) 10,036 (6,501) 3,699
Interest and dividend income (3,035) (2,797) (5,745) (6,134)
Other expense, net 985 211 777 302
Consolidated Funds         
Expenses        
Expenses of Consolidated Funds 4,239 13,255 9,385 21,107
Other income (expense)        
Net realized and unrealized gains (losses) from investments 93,523 98,426 127,947 109,126
Interest expense (217,613) (182,904) (425,479) (339,591)
Interest and other income of Consolidated Funds 240,359 234,454 497,635 457,392
Less: Net income attributable to non-controlling interests in Consolidated Funds 105,489 67,681 172,205 94,374
Consolidated Funds  | Eliminations         
Other income (expense)        
Net realized and unrealized gains (losses) from investments 7,404 2,138 9,476 14,907
Interest expense 1,078 1,115 2,654 2,471
Interest and other income of Consolidated Funds (539) (211) (330) (302)
Consolidated Company Entities         
Revenues        
Total revenues 788,682 1,093,286 1,496,045 1,906,648
Consolidated Company Entities  | Reportable legal entity        
Revenues        
Total revenues 783,521 1,169,726 1,499,660 2,015,776
Expenses        
Compensation and benefits 419,858 367,550 832,809 728,331
Performance related compensation (28,985) 315,780 (79,517) 427,438
General, administrative and other expenses 169,432 141,184 340,793 289,872
Total expenses 560,305 824,514 1,094,085 1,445,641
Other income (expense)        
Total other income, net (16,372) (31,005) (33,269) (41,977)
Income before taxes 206,844 314,207 372,306 528,158
Income tax expense 36,082 49,633 64,445 82,961
Net income 170,762 264,574 307,861 445,197
Net income (loss) 170,762 264,574 307,861 445,197
Less: Net income (loss) attributable to redeemable interest (387) 734 (314) (1,090)
Less: Net income attributable to non-controlling interests in Ares Operating Group entities 76,211 119,326 140,210 207,734
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 94,938 144,514 167,965 238,553
Consolidated Company Entities  | Ares Operating Group | Reportable legal entity        
Other income (expense)        
Net realized and unrealized gains (losses) from investments 12,999 (4,555) 25,356 3,297
Interest and dividend income 10,052 5,487 18,144 12,663
Interest expense (37,500) (25,839) (75,324) (50,825)
Other expense, net (1,923) (6,098) (1,445) (7,112)
Consolidated Entity, Excluding VIE | Reportable legal entity        
Revenues        
Total revenues 0 0 0 0
Expenses        
Expenses of Consolidated Funds 16,409 25,395 34,117 45,036
Total expenses 16,409 25,395 34,117 45,036
Other income (expense)        
Total other income, net 108,326 146,934 188,303 209,851
Income before taxes 91,917 121,539 154,186 164,815
Income tax expense 4,992 81 3,862 559
Net income 86,925 121,458 150,324 164,256
Less: Net income attributable to non-controlling interests in Consolidated Funds 86,925 121,458 150,324 164,256
Consolidated Entity, Excluding VIE | Consolidated Funds  | Reportable legal entity        
Other income (expense)        
Net realized and unrealized gains (losses) from investments 86,119 96,288 118,471 94,219
Interest expense (218,691) (184,019) (428,133) (342,062)
Interest and other income of Consolidated Funds 240,898 234,665 497,965 457,694
Management fees        
Revenues        
Total revenues 721,681 615,271 1,409,373 1,215,787
Management fees | Eliminations         
Revenues        
Total revenues (12,002) (12,005) (24,455) (23,606)
Management fees | Consolidated Company Entities  | Reportable legal entity        
Revenues        
Total revenues 733,683 627,276 1,433,828 1,239,393
Carried interest allocation        
Revenues        
Total revenues (51,167) 418,466 (83,645) 569,954
Carried interest allocation | Eliminations         
Revenues        
Total revenues (11,527) (3,946) (17,455) (7,353)
Carried interest allocation | Consolidated Company Entities  | Reportable legal entity        
Revenues        
Total revenues (39,640) 422,412 (66,190) 577,307
Incentive fees        
Revenues        
Total revenues 47,734 7,950 56,401 16,873
Incentive fees | Eliminations         
Revenues        
Total revenues 0 0 3 (138)
Incentive fees | Consolidated Company Entities  | Reportable legal entity        
Revenues        
Total revenues 47,734 7,950 56,398 17,011
Principal investment income (loss)        
Revenues        
Total revenues 29,461 6,888 36,511 29,646
Principal investment income (loss) | Eliminations         
Revenues        
Total revenues 28,858 (58,354) 38,573 (71,053)
Principal investment income (loss) | Consolidated Company Entities  | Reportable legal entity        
Revenues        
Total revenues 603 65,242 (2,062) 100,699
Administrative, transaction and other fees        
Revenues        
Total revenues 40,973 44,711 77,405 74,388
Administrative, transaction and other fees | Eliminations         
Revenues        
Total revenues (168) (2,135) (281) (6,978)
Administrative, transaction and other fees | Consolidated Company Entities  | Reportable legal entity        
Revenues        
Total revenues $ 41,141 $ 46,846 $ 77,686 $ 81,366