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SEGMENT REPORTING - Schedule of Financial Results for Company's Operating Segments and OMG (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Segment reporting        
Total revenues $ 1,129,739 $ 671,255 $ 2,625,784 $ 2,577,903
Compensation and benefits (435,876) (367,502) (1,268,685) (1,095,833)
General, administrative and other expenses 197,019 211,842 537,379 501,340
Total        
Segment reporting        
Compensation and benefits (360,013) (291,571) (980,181) (859,530)
General, administrative and other expenses 125,787 99,806 367,144 290,569
Fee related earnings 339,311 274,232 965,497 795,015
Performance income—realized 22,108 17,797 154,931 189,568
Performance related compensation—realized (13,234) (10,504) (95,386) (133,472)
Realized net performance income 8,874 7,293 59,545 56,096
Investment income (loss)—realized 3,848 (4,031) 4,557 13,852
Interest and other investment income—realized 16,456 12,934 66,528 42,792
Interest expense (29,733) (25,975) (105,057) (76,800)
Realized net investment income (loss) (9,429) (17,072) (33,972) (20,156)
Realized income 338,756 264,453 991,070 830,955
Operating segment        
Segment reporting        
Fee related earnings (492,294) (411,322) (1,405,584) (1,186,234)
Performance income—realized 22,108 17,797 154,931 189,568
Performance related compensation—realized (13,234) (10,504) (95,386) (133,472)
Realized income (491,378) (401,452) (1,429,849) (1,221,884)
OMG        
Segment reporting        
Compensation and benefits (102,112) (90,347) (294,639) (261,325)
General, administrative and other expenses 56,124 52,460 160,514 148,099
Fee related earnings (152,983) (137,090) (440,087) (391,219)
Performance income—realized 0 0 0 0
Performance related compensation—realized 0 0 0 0
Realized net performance income 0 0 0 0
Investment income (loss)—realized 0 0 0 0
Interest and other investment income—realized 496 114 1,588 350
Interest expense (135) (23) (280) (60)
Realized net investment income (loss) 361 91 1,308 290
Realized income (152,622) (136,999) (438,779) (390,929)
Ares Management L.P        
Segment reporting        
Total revenues 1,129,739 671,255 2,625,784 2,577,903
Ares Management L.P | Operating segment        
Segment reporting        
Compensation and benefits (257,901) (201,224) (685,542) (598,205)
General, administrative and other expenses 69,663 47,346 206,630 142,470
Fee related earnings 492,294 411,322 1,405,584 1,186,234
Performance income—realized 22,108 17,797 154,931 189,568
Performance related compensation—realized (13,234) (10,504) (95,386) (133,472)
Realized net performance income 8,874 7,293 59,545 56,096
Investment income (loss)—realized 3,848 (4,031) 4,557 13,852
Interest and other investment income—realized 15,960 12,820 64,940 42,442
Interest expense (29,598) (25,952) (104,777) (76,740)
Realized net investment income (loss) (9,790) (17,163) (35,280) (20,446)
Realized income 491,378 401,452 1,429,849 1,221,884
Ares Management L.P | Operating segment | Credit Group        
Segment reporting        
Compensation and benefits (179,987) (131,172) (457,494) (382,929)
General, administrative and other expenses 41,046 28,093 116,022 82,345
Fee related earnings 388,698 318,590 1,109,396 910,836
Performance income—realized 6,192 12,223 121,214 106,162
Performance related compensation—realized (3,451) (7,181) (73,127) (68,792)
Realized net performance income 2,741 5,042 48,087 37,370
Investment income (loss)—realized 916 1,475 (1) 19,546
Interest and other investment income—realized 7,083 5,601 23,609 21,058
Interest expense (7,625) (5,825) (25,412) (23,072)
Realized net investment income (loss) 374 1,251 (1,804) 17,532
Realized income 391,813 324,883 1,155,679 965,738
Ares Management L.P | Operating segment | Real Assets Group        
Segment reporting        
Compensation and benefits (42,360) (37,608) (119,403) (116,232)
General, administrative and other expenses 14,118 10,318 43,857 33,465
Fee related earnings 56,518 51,136 154,679 160,716
Performance income—realized 15,441 5,589 24,324 14,412
Performance related compensation—realized (9,403) (3,338) (15,134) (8,764)
Realized net performance income 6,038 2,251 9,190 5,648
Investment income (loss)—realized 2,003 (875) 1,671 (4,196)
Interest and other investment income—realized 1,971 3,148 1,280 7,362
Interest expense (4,511) (3,985) (17,189) (11,987)
Realized net investment income (loss) (537) (1,712) (14,238) (8,821)
Realized income 62,019 51,675 149,631 157,543
Ares Management L.P | Operating segment | Private Equity Group        
Segment reporting        
Compensation and benefits (13,877) (13,145) (42,737) (43,184)
General, administrative and other expenses 4,576 3,470 15,282 11,556
Fee related earnings 16,540 13,614 46,365 35,966
Performance income—realized 475 (15) 9,032 63,534
Performance related compensation—realized (380) 15 (7,235) (51,238)
Realized net performance income 95 0 1,797 12,296
Investment income (loss)—realized 197 (4,631) 505 (1,668)
Interest and other investment income—realized 333 214 794 571
Interest expense (4,862) (4,313) (16,519) (14,237)
Realized net investment income (loss) (4,332) (8,730) (15,220) (15,334)
Realized income 12,303 4,884 32,942 32,928
Ares Management L.P | Operating segment | Secondaries Group        
Segment reporting        
Compensation and benefits (14,432) (16,066) (47,971) (46,101)
General, administrative and other expenses 8,464 4,541 26,428 12,984
Fee related earnings 27,754 24,518 87,000 71,262
Performance income—realized 0 0 361 5,460
Performance related compensation—realized 0 0 110 (4,678)
Realized net performance income 0 0 471 782
Investment income (loss)—realized 0 0 0 0
Interest and other investment income—realized 96 552 454 1,959
Interest expense (2,191) (2,020) (7,467) (6,776)
Realized net investment income (loss) (2,095) (1,468) (7,013) (4,817)
Realized income 25,659 23,050 80,458 67,227
Ares Management L.P | Operating segment | Other        
Segment reporting        
Compensation and benefits (7,245) (3,233) (17,937) (9,759)
General, administrative and other expenses 1,459 924 5,041 2,120
Fee related earnings 2,784 3,464 8,144 7,454
Performance income—realized 0 0 0 0
Performance related compensation—realized 0 0 0 0
Realized net performance income 0 0 0 0
Investment income (loss)—realized 732 0 2,382 170
Interest and other investment income—realized 6,477 3,305 38,803 11,492
Interest expense (10,409) (9,809) (38,190) (20,668)
Realized net investment income (loss) (3,200) (6,504) 2,995 (9,006)
Realized income (416) (3,040) 11,139 (1,552)
Management fees        
Segment reporting        
Total revenues 753,597 637,517 2,162,970 1,853,304
Management fees | Total        
Segment reporting        
Total revenues 757,262 643,649 2,176,738 1,868,020
Management fees | OMG        
Segment reporting        
Total revenues 0 0 0 0
Management fees | Ares Management L.P | Operating segment        
Segment reporting        
Total revenues 757,262 643,649 2,176,738 1,868,020
Management fees | Ares Management L.P | Operating segment | Credit Group        
Segment reporting        
Total revenues 557,450 470,609 1,603,080 1,349,434
Management fees | Ares Management L.P | Operating segment | Real Assets Group        
Segment reporting        
Total revenues 105,733 92,754 299,156 285,463
Management fees | Ares Management L.P | Operating segment | Private Equity Group        
Segment reporting        
Total revenues 34,621 29,799 103,126 89,461
Management fees | Ares Management L.P | Operating segment | Secondaries Group        
Segment reporting        
Total revenues 48,084 42,949 140,650 124,597
Management fees | Ares Management L.P | Operating segment | Other        
Segment reporting        
Total revenues 11,374 7,538 30,726 19,065
Fee related performance revenues        
Segment reporting        
Total revenues 44,269 2,212    
Fee related performance revenues | Total        
Segment reporting        
Total revenues     69,553 6,937
Fee related performance revenues | OMG        
Segment reporting        
Total revenues 0 0 0 0
Fee related performance revenues | Ares Management L.P | Operating segment        
Segment reporting        
Total revenues 44,269 2,212 69,553 6,937
Fee related performance revenues | Ares Management L.P | Operating segment | Credit Group        
Segment reporting        
Total revenues 41,761 44 48,920 866
Fee related performance revenues | Ares Management L.P | Operating segment | Real Assets Group        
Segment reporting        
Total revenues 0 0 0 334
Fee related performance revenues | Ares Management L.P | Operating segment | Private Equity Group        
Segment reporting        
Total revenues 0 0 0 0
Fee related performance revenues | Ares Management L.P | Operating segment | Secondaries Group        
Segment reporting        
Total revenues 2,508 2,168 20,633 5,737
Fee related performance revenues | Ares Management L.P | Operating segment | Other        
Segment reporting        
Total revenues 0 0 0 0
Other fees | Total        
Segment reporting        
Total revenues 23,580 19,748 66,531 70,157
Other fees | OMG        
Segment reporting        
Total revenues 5,253 5,717 15,066 18,205
Other fees | Ares Management L.P | Operating segment        
Segment reporting        
Total revenues 18,327 14,031 51,465 51,952
Other fees | Ares Management L.P | Operating segment | Credit Group        
Segment reporting        
Total revenues 10,520 7,202 30,912 25,810
Other fees | Ares Management L.P | Operating segment | Real Assets Group        
Segment reporting        
Total revenues 7,263 6,308 18,783 24,616
Other fees | Ares Management L.P | Operating segment | Private Equity Group        
Segment reporting        
Total revenues 372 430 1,258 1,245
Other fees | Ares Management L.P | Operating segment | Secondaries Group        
Segment reporting        
Total revenues 58 8 116 13
Other fees | Ares Management L.P | Operating segment | Other        
Segment reporting        
Total revenues $ 114 $ 83 $ 396 $ 268