v3.26.1
CONSOLIDATION - Schedule of Results from Operations (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Total revenues $ 1,396,436 $ 1,088,805
Expenses    
Compensation and benefits 692,407 657,125
Performance related compensation 228,336 122,633
General, administrative and other expenses 240,437 227,914
Expenses of Consolidated Funds 7,283 6,656
Total expenses 1,168,463 1,014,328
Other income (expense)    
Total other income (expense), net 84,948 66,561
Income before taxes 312,921 141,038
Income tax expense 59,872 17,537
Net income 253,049 123,501
Less: Net income attributable to non-controlling interests in Consolidated Funds 29,647  
Net income attributable to Ares Operating Group entities 223,402  
Less: Net income (loss) attributable to redeemable interest in Ares Operating Group entities (1,113)  
Less: Net income attributable to non-controlling interests in Ares Operating Group entities 81,926  
Net income attributable to Ares Management Corporation 142,589 47,170
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 117,276 21,857
Series B Mandatory Convertible Preferred Stock    
Other income (expense)    
Less: Series B mandatory convertible preferred stock dividends declared 25,313 25,313
Ares Operating Group    
Other income (expense)    
Net realized and unrealized gains (losses) from investments 3,389 268
Interest and dividend income 7,099 17,656
Interest expense (50,760) (36,387)
Other expense, net 24,560 (10,714)
Net income attributable to Ares Operating Group entities 223,402 67,524
Less: Net income (loss) attributable to redeemable interest in Ares Operating Group entities (1,113) 316
Less: Net income attributable to non-controlling interests in Ares Operating Group entities 81,926 20,038
Consolidated Funds     
Expenses    
Expenses of Consolidated Funds 7,283  
Other income (expense)    
Net realized and unrealized gains (losses) from investments 134,016 88,406
Interest expense (138,801) (152,740)
Interest and other income of Consolidated Funds 105,445 160,072
Less: Net income attributable to non-controlling interests in Consolidated Funds 29,647 55,977
Management fees    
Revenues    
Total revenues 989,527 816,987
Carried interest allocation    
Revenues    
Total revenues 146,631 160,008
Incentive fees    
Revenues    
Total revenues 161,934 32,048
Principal investment income    
Revenues    
Total revenues 477 21,998
Administrative, transaction and other fees    
Revenues    
Total revenues 97,867 57,764
Eliminations     
Revenues    
Total revenues (66,249) (19,987)
Expenses    
Expenses of Consolidated Funds   (10,028)
Total expenses (21,595) (10,028)
Other income (expense)    
Total other income (expense), net 236 (1,800)
Income before taxes (44,418) (11,759)
Net income (44,418) (11,759)
Less: Net income attributable to non-controlling interests in Consolidated Funds (44,418)  
Eliminations  | Ares Operating Group    
Other income (expense)    
Net realized and unrealized gains (losses) from investments 6,231 (10,363)
Interest and dividend income   (547)
Other expense, net 65 (206)
Eliminations  | Consolidated Funds     
Expenses    
Expenses of Consolidated Funds (21,595)  
Other income (expense)    
Net realized and unrealized gains (losses) from investments (5,892) 4,679
Interest expense (168) 4,637
Less: Net income attributable to non-controlling interests in Consolidated Funds   (11,759)
Eliminations  | Management fees    
Revenues    
Total revenues (21,513) (9,894)
Eliminations  | Carried interest allocation    
Revenues    
Total revenues (16,118) (5,118)
Eliminations  | Incentive fees    
Revenues    
Total revenues   (10)
Eliminations  | Principal investment income    
Revenues    
Total revenues (28,535) (4,841)
Eliminations  | Administrative, transaction and other fees    
Revenues    
Total revenues (83) (124)
Consolidated Company Entities     
Revenues    
Total revenues 1,396,436 1,088,805
Consolidated Company Entities  | Reportable legal entity    
Revenues    
Total revenues 1,462,685 1,108,792
Expenses    
Compensation and benefits 692,407 657,125
Performance related compensation 228,336 122,633
General, administrative and other expenses 240,437 227,914
Total expenses 1,161,180 1,007,672
Other income (expense)    
Total other income (expense), net (22,008) (18,061)
Income before taxes 279,497 83,059
Income tax expense 56,095 15,535
Net income 223,402 67,524
Net income attributable to Ares Operating Group entities 223,402  
Less: Net income (loss) attributable to redeemable interest in Ares Operating Group entities (1,113)  
Less: Net income attributable to non-controlling interests in Ares Operating Group entities 81,926  
Net income attributable to Ares Management Corporation 142,589 47,170
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 117,276 21,857
Consolidated Company Entities  | Reportable legal entity | Series B Mandatory Convertible Preferred Stock    
Other income (expense)    
Less: Series B mandatory convertible preferred stock dividends declared 25,313 25,313
Consolidated Company Entities  | Reportable legal entity | Ares Operating Group    
Other income (expense)    
Net realized and unrealized gains (losses) from investments (2,842) 10,631
Interest and dividend income 7,099 18,203
Interest expense (50,760) (36,387)
Other expense, net 24,495 (10,508)
Net income attributable to Ares Operating Group entities   67,524
Less: Net income (loss) attributable to redeemable interest in Ares Operating Group entities   316
Less: Net income attributable to non-controlling interests in Ares Operating Group entities   20,038
Consolidated Company Entities  | Reportable legal entity | Management fees    
Revenues    
Total revenues 1,011,040 826,881
Consolidated Company Entities  | Reportable legal entity | Carried interest allocation    
Revenues    
Total revenues 162,749 165,126
Consolidated Company Entities  | Reportable legal entity | Incentive fees    
Revenues    
Total revenues 161,934 32,058
Consolidated Company Entities  | Reportable legal entity | Principal investment income    
Revenues    
Total revenues 29,012 26,839
Consolidated Company Entities  | Reportable legal entity | Administrative, transaction and other fees    
Revenues    
Total revenues 97,950 57,888
Consolidated Funds | Reportable legal entity    
Expenses    
Expenses of Consolidated Funds   16,684
Total expenses 28,878 16,684
Other income (expense)    
Total other income (expense), net 106,720 86,422
Income before taxes 77,842 69,738
Income tax expense 3,777 2,002
Net income 74,065 67,736
Less: Net income attributable to non-controlling interests in Consolidated Funds 74,065  
Consolidated Funds | Reportable legal entity | Consolidated Funds     
Expenses    
Expenses of Consolidated Funds 28,878  
Other income (expense)    
Net realized and unrealized gains (losses) from investments 139,908 83,727
Interest expense (138,633) (157,377)
Interest and other income of Consolidated Funds $ 105,445 160,072
Less: Net income attributable to non-controlling interests in Consolidated Funds   $ 67,736