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CONSOLIDATION - Income Statement (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Total revenues $ 601,430 $ 1,294,819 $ 1,316,429 $ 1,953,207
Expenses        
Compensation and benefits 375,775 269,689 729,612 501,539
Performance related compensation 41,073 656,381 173,884 877,813
General, administrative and other expenses 122,566 83,362 243,089 151,018
Total expenses 552,868 1,024,732 1,164,552 1,549,841
Other income (expense)        
Net realized and unrealized gains (losses) on investments (1,775) 4,977 6,334 10,410
Interest and dividend income 1,476 4,482 2,978 5,442
Interest expense (17,221) (6,907) (32,867) (13,602)
Other income (expense), net 5,809 (1,819) 7,593 (5,968)
Total other income (expense) 18,504 49,690 76,498 106,475
Income before taxes 67,066 319,777 228,375 509,841
Income tax expense 13,460 48,458 33,871 74,212
Net income 53,606 271,319 194,504 435,629
Net income attributable to Ares Management Corporation 39,731 141,644 85,594 200,022
Less: Series A Preferred Stock dividends paid 0 5,425 0 10,850
Less: Series A Preferred Stock redemption premium 0 11,239 0 11,239
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 39,731 124,980 85,594 177,933
Eliminations         
Revenues        
Total revenues (33,557) (18,917) (56,003) (36,288)
Expenses        
Compensation and benefits 0 0    
Performance related compensation 0 0    
General, administrative and other expenses (227) 0 (227)  
Total expenses (11,638) (10,711) (23,202) (23,976)
Other income (expense)        
Net realized and unrealized gains (losses) on investments 8,658 (8,984) 21,693 2,567
Interest and dividend income (6,899) (648) (8,807) (1,551)
Other income (expense), net (189) (35) 805 (491)
Total other income (expense) 4,215 4,698 11,733 8,810
Income before taxes (17,704) (3,508) (21,068) (3,502)
Income tax expense 0 0    
Net income (17,704) (3,508) (21,068) (3,502)
Less: Series A Preferred Stock dividends paid   0    
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 0 0 0  
Consolidated Funds         
Expenses        
Expenses of Consolidated Funds 13,454 15,300 17,967 19,471
Other income (expense)        
Net realized and unrealized gains (losses) on investments (7,907) (5,947) 8,061 10,475
Interest expense (79,253) (58,974) (153,266) (129,999)
Interest and other income of Consolidated Funds 117,375 113,878 237,665 229,717
Less: Net income (loss) attributable to non-controlling interests (15,022) 5,027 32,360 54,885
Consolidated Funds  | Reportable legal entity        
Revenues        
Total revenues 0 0 0 0
Expenses        
Expenses of Consolidated Funds 24,865 26,011 40,942 43,447
Total expenses 24,865 26,011 40,942 43,447
Other income (expense)        
Net realized and unrealized gains (losses) on investments (6,806) (16,622) 16,205 9,846
Interest expense (82,810) (62,629) (160,257) (137,164)
Interest and other income of Consolidated Funds 117,186 113,843 238,470 229,226
Total other income (expense) 27,570 34,592 94,418 101,908
Income before taxes 2,705 8,581 53,476 58,461
Income tax expense 23 46 48 74
Net income 2,682 8,535 53,428 58,387
Less: Net income (loss) attributable to non-controlling interests 2,682 8,535 53,428 58,387
Consolidated Funds  | Eliminations         
Expenses        
Expenses of Consolidated Funds (11,411) (10,711) (22,975) (23,976)
Other income (expense)        
Net realized and unrealized gains (losses) on investments (1,101) 10,675 (8,144) 629
Interest expense 3,557 3,655 6,991 7,165
Interest and other income of Consolidated Funds 189 35 (805) 491
Less: Net income (loss) attributable to non-controlling interests (17,704) (3,508) (21,068) (3,502)
Ares Operating Group        
Other income (expense)        
Net income 68,628 266,292 162,144 380,744
Less: Net income (loss) attributable to redeemable interest (457) 337 (58) 369
Less: Net income (loss) attributable to non-controlling interests 29,354 124,311 76,608 180,353
Ares Operating Group | Reportable legal entity        
Other income (expense)        
Less: Net income (loss) attributable to non-controlling interests       180,353
Ares Operating Group | Eliminations         
Other income (expense)        
Less: Net income (loss) attributable to non-controlling interests   0    
Consolidated Company  Entities         
Revenues        
Total revenues 601,430 1,294,819 1,316,429 1,953,207
Expenses        
Compensation and benefits 375,775   729,612  
Performance related compensation 41,073   173,884  
General, administrative and other expenses 122,566   243,089  
Other income (expense)        
Net realized and unrealized gains (losses) on investments (1,775)   6,334  
Interest and dividend income 1,476   2,978  
Interest expense (17,221)   (32,867)  
Other income (expense), net 5,809   7,593  
Consolidated Company  Entities  | Reportable legal entity        
Revenues        
Total revenues 634,987 1,313,736 1,372,432 1,989,495
Expenses        
Compensation and benefits 375,775 269,689 729,612 501,539
Performance related compensation 41,073 656,381 173,884 877,813
General, administrative and other expenses 122,793 83,362 243,316 151,018
Total expenses 539,641 1,009,432 1,146,812 1,530,370
Other income (expense)        
Net realized and unrealized gains (losses) on investments (10,433) 13,961 (15,359) 7,843
Interest and dividend income 8,375 5,130 11,785 6,993
Interest expense (17,221) (6,907) (32,867) (13,602)
Other income (expense), net 5,998 (1,784) 6,788 (5,477)
Total other income (expense) (13,281) 10,400 (29,653) (4,243)
Income before taxes 82,065 314,704 195,967 454,882
Income tax expense 13,437 48,412 33,823 74,138
Net income 68,628 266,292 162,144 380,744
Net income attributable to Ares Management Corporation   141,644   200,022
Less: Series A Preferred Stock dividends paid   5,425   10,850
Less: Series A Preferred Stock redemption premium   11,239   11,239
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 39,731 124,980 85,594 177,933
Consolidated Company  Entities  | Consolidated Funds  | Reportable legal entity        
Other income (expense)        
Less: Net income (loss) attributable to non-controlling interests       0
Consolidated Company  Entities  | Ares Operating Group | Reportable legal entity        
Other income (expense)        
Net income 68,628 266,292 162,144 380,744
Less: Net income (loss) attributable to redeemable interest (457) 337 (58) 369
Less: Net income (loss) attributable to non-controlling interests 29,354 124,311 76,608  
Management fees        
Revenues        
Total revenues 520,560 367,286 997,892 687,559
Management fees | Eliminations         
Revenues        
Total revenues (11,362) (10,659) (22,841) (22,365)
Management fees | Consolidated Company  Entities         
Revenues        
Total revenues 520,560   997,892  
Management fees | Consolidated Company  Entities  | Reportable legal entity        
Revenues        
Total revenues 531,922 377,945 1,020,733 709,924
Carried interest allocation        
Revenues        
Total revenues 47,304 852,521 225,593 1,150,056
Carried interest allocation | Eliminations         
Revenues        
Total revenues 0 0    
Carried interest allocation | Consolidated Company  Entities         
Revenues        
Total revenues 47,304   225,593  
Carried interest allocation | Consolidated Company  Entities  | Reportable legal entity        
Revenues        
Total revenues 47,304 852,521 225,593 1,150,056
Incentive fees        
Revenues        
Total revenues 4,675 15,904 21,097 18,724
Incentive fees | Eliminations         
Revenues        
Total revenues 0 (3) (34) (1,528)
Incentive fees | Consolidated Company  Entities         
Revenues        
Total revenues 4,675   21,097  
Incentive fees | Consolidated Company  Entities  | Reportable legal entity        
Revenues        
Total revenues 4,675 15,907 21,131 20,252
Principal investment income (loss)        
Revenues        
Total revenues (4,387) 47,127 3,939 72,227
Principal investment income (loss) | Eliminations         
Revenues        
Total revenues (17,880) (3,507) (24,044) (3,502)
Principal investment income (loss) | Consolidated Company  Entities         
Revenues        
Total revenues (4,387)   3,939  
Principal investment income (loss) | Consolidated Company  Entities  | Reportable legal entity        
Revenues        
Total revenues 13,493 50,634 27,983 75,729
Administrative, transaction and other fees        
Revenues        
Total revenues 33,278 11,981 67,908 24,641
Administrative, transaction and other fees | Eliminations         
Revenues        
Total revenues (4,315) (4,748) (9,084) (8,893)
Administrative, transaction and other fees | Consolidated Company  Entities         
Revenues        
Total revenues 33,278   67,908  
Administrative, transaction and other fees | Consolidated Company  Entities  | Reportable legal entity        
Revenues        
Total revenues $ 37,593 $ 16,729 $ 76,992 $ 33,534