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Condensed Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Additional Paid-in-Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Non-Controlling interest
Ares Operating Group
Non-Controlling interest
Consolidated Funds 
Series B Mandatory Convertible Preferred Stock
Preferred Stock
Class A Common Stock
Common Stock
Non-voting Common Stock
Common Stock
Class C Common Stock
Common Stock
Beginning balance at Dec. 31, 2023 $ 4,474,313 $ 2,391,036 $ (495,083) $ (5,630) $ 1,322,469 $ 1,258,445 $ 0 $ 1,871 $ 35 $ 1,170
Increase (Decrease) in Stockholders' Equity                    
Changes in ownership interests and related tax benefits (114,305) (62,709)     (103,599) 51,984   39   (20)
Issuances of common stock 7,724       7,723         1
Capital contributions 169,707       1,034 168,673        
Dividends/distributions (346,652)   (190,504)   (129,240) (26,908)        
Net income 203,742   73,027   63,999 66,716        
Currency translation adjustment, net of tax (11,390)     (4,850) (2,932) (3,608)        
Equity compensation 92,422 57,600     34,822          
Stock option exercises 1,511 1,510           1    
Ending balance at Mar. 31, 2024 4,477,072 2,387,437 (612,560) (10,480) 1,194,276 1,515,302 0 1,911 35 1,151
Increase (Decrease) in Stockholders' Equity                    
Changes in ownership interests and related tax benefits (7,678) (75,616)     103,129 (35,192)   19   (18)
Issuances of common stock 354,395 354,368           27    
Capital contributions 343,206       269 342,937        
Dividends/distributions (332,910)   (195,234)   (116,980) (20,696)        
Net income 276,638   94,938   76,211 105,489        
Currency translation adjustment, net of tax (1,865)     (1) 55 (1,919)        
Equity compensation 88,232 55,791     32,441          
Ending balance at Jun. 30, 2024 5,197,090 2,721,980 (712,856) (10,481) 1,289,401 1,905,921 0 1,957 35 1,133
Increase (Decrease) in Stockholders' Equity                    
Changes in ownership interests and related tax benefits (8,117) 27,103     (3,663) (31,559)   23   (21)
Issuances of common stock 52,841 52,838           3    
Capital contributions 32,953       269 32,684        
Dividends/distributions (365,998)   (198,002)   (139,098) (28,898)        
Net income 279,334   118,460   96,633 64,241        
Currency translation adjustment, net of tax 36,553     18,931 11,065 6,557        
Equity compensation 85,613 54,972     30,641          
Ending balance at Sep. 30, 2024 5,310,269 2,856,893 (792,398) 8,450 1,285,248 1,948,946 0 1,983 35 1,112
Increase (Decrease) in Stockholders' Equity                    
Changes in ownership interests and related tax benefits (11,950) 23,944     (19,708) (16,187)   15   (14)
Issuance of Series B mandatory convertible preferred stock 1,458,771           1,458,771      
Issuances of common stock (111) (113)     1     1    
Capital contributions 96,661       1,801 94,860        
Dividends/distributions (411,836)   (199,432)   (142,104) (47,519) (22,781)      
Net income 350,918   154,536   114,275 59,326 22,781      
Currency translation adjustment, net of tax (55,116)     (26,207) (15,149) (13,760)        
Equity compensation 86,584 56,070     30,514          
Ending balance at Dec. 31, 2024 6,824,190 2,936,794 (837,294) (17,757) 1,254,878 2,025,666 1,458,771 1,999 35 1,098
Increase (Decrease) in Stockholders' Equity                    
Changes in ownership interests and related tax benefits (387,807) (707,255)     354,253 (34,832)   47   (20)
Adjustment to issuance costs of Series B mandatory convertible preferred stock 1,147           1,147      
Issuances of common stock 1,642,317 1,642,214           103    
Issuances of AOG Units 15,564       15,561         3
Capital contributions 295,870       120 295,750        
Dividends/distributions (630,862)   (258,691)   (138,003) (208,855) (25,313)      
Net income 123,185   21,857   20,038 55,977 25,313      
Currency translation adjustment, net of tax 70,373     42,101 21,934 6,338        
Equity compensation 257,862 168,955     88,907          
Ending balance at Mar. 31, 2025 8,211,839 4,040,708 (1,074,128) 24,344 1,617,688 2,140,044 1,459,918 2,149 35 1,081
Increase (Decrease) in Stockholders' Equity                    
Changes in ownership interests and related tax benefits 129,488 (61,923)     (52,023) 243,432   10   (8)
Capital contributions 38,755       1,333 37,422        
Dividends/distributions (539,071)   (259,233)   (143,626) (110,900) (25,312)      
Net income 226,254   111,750   85,193 3,999 25,312      
Currency translation adjustment, net of tax 24,842     7,852 3,422 13,568        
Equity compensation 165,091 109,276     55,815          
Ending balance at Jun. 30, 2025 $ 8,257,198 $ 4,088,061 $ (1,221,611) $ 32,196 $ 1,567,802 $ 2,327,565 $ 1,459,918 $ 2,159 $ 35 $ 1,073