v3.26.1
FAIR VALUE - Schedule of Changes in Fair Value of Level III Measurements (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Consolidated Funds     
Level III Net Assets of Consolidated Funds    
Balance, beginning of period $ 3,636,850 $ 2,421,898
Transfer in 114,107 82,479
Transfer out (447,208) (72,264)
Purchases 350,945 248,268
Sales/settlements (76,199) (267,833)
Realized and unrealized appreciation (depreciation), net 102,553 12,602
Balance, end of period 3,681,048 2,425,150
Change in net unrealized appreciation/(depreciation) and fair value included in earnings related to financial assets and liabilities still held at the reporting date $ 105,373 13,129
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  
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  
Level III Assets and (Liabilities) of the Company    
Balance, beginning of period $ (114) (1,846)
Transfers in 0 0
Transfer out 0 0
Purchases 0 124
Sales/settlements (351) 0
Realized and unrealized appreciation (depreciation), net 530 973
Balance, ending of period 65 (749)
Change in net unrealized appreciation/(depreciation) and fair value included in earnings related to financial assets and liabilities still held at the reporting date 53 $ 851
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]   Net realized and unrealized gains (losses) from investments
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Liability, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]   Net realized and unrealized gains (losses) from investments
Equity securities | Consolidated Funds     
Level III Net Assets of Consolidated Funds    
Balance, beginning of period 3,003,449 $ 1,829,927
Transfer in 0 1
Transfer out (3,326) 0
Purchases 303,224 285
Sales/settlements (4,234) (88)
Realized and unrealized appreciation (depreciation), net 115,701 14,782
Balance, end of period 3,414,814 1,844,907
Change in net unrealized appreciation/(depreciation) and fair value included in earnings related to financial assets and liabilities still held at the reporting date 114,306 $ 15,102
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
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
Fixed Income | Consolidated Funds     
Level III Net Assets of Consolidated Funds    
Balance, beginning of period 633,515 $ 593,817
Transfer in 114,107 82,478
Transfer out (443,882) (72,264)
Purchases 47,721 247,859
Sales/settlements (71,614) (267,745)
Realized and unrealized appreciation (depreciation), net (13,678) (3,153)
Balance, end of period 266,169 580,992
Change in net unrealized appreciation/(depreciation) and fair value included in earnings related to financial assets and liabilities still held at the reporting date (8,986) $ (2,824)
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
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
Ares Management L.P    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period   $ 435,462
Transfer in 209  
Transfer out (34,244)  
Purchases 50 12,076
Sales/settlements (700) (23,657)
Realized and unrealized appreciation (depreciation), net (414) 3,608
Change in net unrealized appreciation/(depreciation) and fair value included in earnings related to financial assets and liabilities still held at the reporting date (11,002) 1,956
Level III Assets and (Liabilities) of the Company    
Balance, beginning of period (15,311)  
Established in connection with acquisition (see Note 7) (713) (465,080)
Change in fair value (14,270) (2,324)
Balance, ending of period (65,393) (39,915)
Ares Management L.P | Contingent Consideration    
Level III Assets and (Liabilities) of the Company    
Balance, beginning of period (765,370) (17,550)
Established in connection with acquisition (see Note 7) (713) (465,080)
Transfers in 0  
Transfer out 0  
Purchases 0 0
Sales/settlements 0 0
Change in fair value (14,270) (2,324)
Realized and unrealized appreciation (depreciation), net 0 0
Balance, ending of period (780,353) (484,954)
Change in net unrealized appreciation/(depreciation) and fair value included in earnings related to financial assets and liabilities still held at the reporting date (14,270) (2,324)
Ares Management L.P | Equity securities    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period 725,590 411,179
Established in connection with acquisition (see Note 7) 0 0
Transfer in 0  
Transfer out (34,244)  
Purchases 50 10,546
Sales/settlements 0 0
Change in fair value 0 0
Realized and unrealized appreciation (depreciation), net 751 4,652
Balance, end of period 692,147 426,377
Change in net unrealized appreciation/(depreciation) and fair value included in earnings related to financial assets and liabilities still held at the reporting date 4,465 4,652
Ares Management L.P | Fixed Income    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period 24,469 41,833
Established in connection with acquisition (see Note 7) 0 0
Transfer in 209  
Transfer out 0  
Purchases 0 1,530
Sales/settlements (700) (23,657)
Change in fair value 0 0
Realized and unrealized appreciation (depreciation), net (1,165) (1,044)
Balance, end of period 22,813 18,662
Change in net unrealized appreciation/(depreciation) and fair value included in earnings related to financial assets and liabilities still held at the reporting date $ (1,197) $ (372)