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FAIR VALUE - Schedule of Changes in Fair Value of Level III Measurements (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Consolidated Funds         
Level III Net Assets of Consolidated Funds        
Balance, beginning of period $ 2,388,736 $ 1,711,503 $ 1,929,222 $ 1,965,647
Transfer in (out) due to changes in consolidated       380,688
Transfer in 143,738 64,227 199,112 192,359
Transfer out (228,049) (185,688) (305,922) (590,319)
Purchases 386,867 215,616 1,193,728 828,604
Sales/settlements (213,600) (167,541) (586,088) (502,927)
Realized and unrealized appreciation (depreciation), net 9,924 23,359 57,564 148,800
Balance, end of period 2,487,616 1,661,476 2,487,616 1,661,476
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date $ 8,653 $ (4,781) $ 57,410 $ 112,580
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 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 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 $ 1,586,854 $ 1,066,065 $ 1,190,400 $ 730,880
Transfer in (out) due to changes in consolidated       2,076
Transfer in 0 848 0 0
Transfer out (508) (36,064) (35) (36,681)
Purchases 136,313 65,220 482,424 295,030
Sales/settlements (111) (2,364) (111) (2,490)
Realized and unrealized appreciation (depreciation), net 9,015 17,888 58,885 126,930
Balance, end of period 1,731,563 1,111,593 1,731,563 1,111,593
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date 9,300 17,950 60,995 127,001
Consolidated Funds  | Fixed Income        
Level III Net Assets of Consolidated Funds        
Balance, beginning of period 803,497 648,131 740,113 869,668
Transfer in (out) due to changes in consolidated       4,563
Transfer in 143,738 63,379 199,112 192,359
Transfer out (227,541) (149,624) (305,887) (553,638)
Purchases 250,554 150,370 711,190 484,574
Sales/settlements (213,489) (165,177) (585,977) (451,426)
Realized and unrealized appreciation (depreciation), net 1,197 4,949 (595) 15,054
Balance, end of period 757,956 552,028 757,956 552,028
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date (425) (23,157) (2,921) (15,704)
Consolidated Funds  | Derivatives, Net        
Level III Net Assets of Consolidated Funds        
Balance, beginning of period (1,615) (2,693) (1,291) (3,556)
Transfer in (out) due to changes in consolidated       0
Transfer in 0 0 0 0
Transfer out 0 0 0 0
Purchases 0 26 114 0
Sales/settlements 0 0 0 (122)
Realized and unrealized appreciation (depreciation), net (288) 522 (726) 1,533
Balance, end of period (1,903) (2,145) (1,903) (2,145)
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date (222) 426 (664) 1,283
Consolidated Funds  | Partnership Interests        
Level III Net Assets of Consolidated Funds        
Balance, beginning of period       368,655
Transfer in (out) due to changes in consolidated       374,049
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   0   0
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date       0
Ares Management L.P        
Level III Net Assets of Consolidated Funds        
Balance, beginning of period 471,817 239,148 538,785 198,719
Transfer in     60,917  
Transfer out     (37,587)  
Purchases 19,099 1,506 286,452 41,732
Sales/settlements (1,337) (1,397) (363,642) (4,610)
Realized and unrealized appreciation (depreciation), net (2,499) (9,130) 2,155 (5,714)
Balance, end of period 487,080 230,127 487,080 230,127
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date (2,823) (9,130) 715 (5,714)
Ares Management L.P | Equity securities        
Level III Net Assets of Consolidated Funds        
Balance, beginning of period 379,443 165,371 412,491 121,785
Transfer in     0  
Transfer out     (37,587)  
Purchases 859 7 2,539 38,267
Sales/settlements 1,093 (350) (1,478) (1,186)
Realized and unrealized appreciation (depreciation), net (4,308) (10,116) 1,122 (3,954)
Balance, end of period 377,087 154,912 377,087 154,912
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date (5,041) (10,116) (1,260) (4,167)
Ares Management L.P | Fixed Income        
Level III Net Assets of Consolidated Funds        
Balance, beginning of period 92,374 73,777 126,294 76,934
Transfer in     60,917  
Transfer out     0  
Purchases 18,240 1,499 283,913 3,465
Sales/settlements (2,430) (1,047) (362,164) (3,424)
Realized and unrealized appreciation (depreciation), net 1,809 986 1,033 (1,760)
Balance, end of period 109,993 75,215 109,993 75,215
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date $ 2,218 $ 986 $ 1,975 $ (1,547)