v3.26.1
SEGMENT REPORTING - Schedule of Segment Expenses Components (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment reporting        
Operating expenses $ 1,179,977 $ 1,137,578 $ 2,348,440 $ 2,151,906
Depreciation and amortization expense (47,500) (52,700) (94,600) (90,000)
Equity compensation expense (182,779) (165,091) (386,411) (422,953)
Operating segment        
Segment reporting        
Depreciation and amortization expense (60,449) (63,180) (120,143) (111,409)
Equity compensation expense (182,779) (165,091) (386,411) (422,953)
Acquisition-related compensation expense (28,239) (44,305) (56,439) (66,304)
Acquisition and merger-related expense (692) (2,791) (1,936) (37,399)
Placement fee adjustment (8,096) (1,092) (14,918) (1,098)
Operating segment | Ares Management L.P        
Segment reporting        
Operating expenses 514,288 419,238 1,052,507 840,481
Performance related compensation-unrealized (123,748) (207,731) (205,170) (248,281)
Operating segment | Consolidated Funds         
Segment reporting        
Operating expenses 1,179,977 1,137,578 2,348,440 2,151,906
Reconciling items        
Segment reporting        
Operating expenses 665,689 718,340 1,295,933 1,311,425
Administrative fees (26,562) (22,027) (50,597) (41,755)
Depreciation and amortization expense (60,449) (63,180) (120,143) (111,409)
Equity compensation expense (182,779) (165,091) (386,411) (422,953)
Acquisition-related compensation expense (28,239) (44,305) (56,439) (66,304)
Acquisition and merger-related expense (692) (2,791) (1,936) (37,399)
Placement fee adjustment 8,096 1,092 14,918 1,098
Reconciling items | Subsidiaries        
Segment reporting        
Operating expenses 1,051 (16,522) 1,924 (33,557)
Reconciling items | Consolidated Funds         
Segment reporting        
Expenses of Consolidated Funds added in consolidation (27,668) (42,778) (56,546) (59,462)
Expenses of Consolidated Funds eliminated in consolidation 23,993 15,771 45,588 25,799
OMG        
Segment reporting        
Operating expenses $ 246,590 $ 203,822 $ 477,273 $ 384,316