XML 90 R51.htm IDEA: XBRL DOCUMENT
v3.23.2

COMMITMENTS AND CONTINGENCIES - Narrative (Details) | 3 Months Ended | 6 Months Ended | 12 Months Ended |
--- | --- | --- | --- | ---
Jun. 30, 2023 USD ($) | Mar. 31, 2023 USD ($) | Jun. 30, 2022 USD ($) | Jun. 30, 2023 USD ($) | Jun. 30, 2022 USD ($) | Dec. 31, 2022 USD ($) infrastructureDebtFund | Mar. 31, 2022 USD ($)
COMMITMENTS AND CONTINGENCIES |  |  |  |  |  |  |
Unfunded capital commitments | $ 902,400,000 |  |  | $ 902,400,000 |  | $ 677,900,000 |
Maximum exposure from guarantees | 76,700,000 |  |  | $ 76,700,000 |  | 31,500,000 |
Recognition period |  |  |  | 4 years |  |  |
Cash payment |  | $ 3,400,000 |  |  |  |  |
Performance Income |  |  |  |  |  |  |
Carried interest, contingent repayment obligations | 0 |  |  | $ 0 |  | 0 |
Operating lease expense | $ 10,400,000 |  | $ 10,100,000 | $ 22,300,000 | $ 20,100,000 |  |
Minimum |  |  |  |  |  |  |
Performance Income |  |  |  |  |  |  |
Lease terms | 1 year |  |  | 1 year |  |  |
Maximum |  |  |  |  |  |  |
Performance Income |  |  |  |  |  |  |
Lease terms | 11 years |  |  | 11 years |  |  |
Performance income |  |  |  |  |  |  |
Performance Income |  |  |  |  |  |  |
Performance income subject to potential clawback provision | $ 93,700,000 |  |  | $ 93,700,000 |  | 128,400,000 |
Performance income subject to potential claw back provision that are reimbursable by professionals | 73,500,000 |  |  | 73,500,000 |  | 101,000,000 |
Infrastructure Debt Acquisition |  |  |  |  |  |  |
COMMITMENTS AND CONTINGENCIES |  |  |  |  |  |  |
Commitment, maximum amount | 15,000,000 |  |  | $ 15,000,000 |  |  | $ 48,500,000
Business combination, percentage |  |  |  | 15.00% |  |  |
Business combination equity awards percentage |  |  |  | 85.00% |  |  |
Contingent liability recognized |  |  |  | $ 13,700,000 |  |  |
Management incentive program, amount accrued | 3,300,000 |  |  | 3,300,000 |  | $ 2,200,000 |
Compensation expense | $ 600,000 |  | 700,000 | $ 1,200,000 | 1,000,000 |  |
Infrastructure Debt Acquisition | Revenue Target |  |  |  |  |  |  |
COMMITMENTS AND CONTINGENCIES |  |  |  |  |  |  |
Number of infrastructure debt funds revenue targets achieved | infrastructureDebtFund |  |  |  |  |  | 1 |
Contingent liability recognized |  |  |  |  |  | $ 21,800,000 |
Management incentive program, amount accrued |  |  |  |  |  | $ 7,000,000 |
Compensation expense |  |  | $ 2,200,000 |  | $ 3,300,000 |  |

X
- Definition Carried Interest, Contingent Repayment Obligations + References No definition available. + Details
Name: | ares_CarriedInterestContingentRepaymentObligations
Namespace Prefix: | ares_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Lessee, Term Of Contract + References No definition available. + Details
Name: | ares_LesseeTermOfContract
Namespace Prefix: | ares_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | instant

X
- Definition Management Incentive Program, Amount Accrued + References No definition available. + Details
Name: | ares_ManagementIncentiveProgramAmountAccrued
Namespace Prefix: | ares_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Management Incentive Program, Fair Value Of Contingent Liability Recognized + References No definition available. + Details
Name: | ares_ManagementIncentiveProgramFairValueOfContingentLiabilityRecognized
Namespace Prefix: | ares_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Management Incentive Program, Maximum Commitment + References No definition available. + Details
Name: | ares_ManagementIncentiveProgramMaximumCommitment
Namespace Prefix: | ares_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Management Incentive Program, Revenue Target Achieved, Number Of Infrastructure Debt Funds + References No definition available. + Details
Name: | ares_ManagementIncentiveProgramRevenueTargetAchievedNumberOfInfrastructureDebtFunds
Namespace Prefix: | ares_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Performance Fees [Abstract] + References No definition available. + Details
Name: | ares_PerformanceFeesAbstract
Namespace Prefix: | ares_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents performance fees subject to potential claw back provision. + References No definition available. + Details
Name: | ares_PerformanceFeesSubjectToClawBackProvision
Namespace Prefix: | ares_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Performance fees subject to potential claw back provision that are reimbursable by professionals. + References No definition available. + Details
Name: | ares_PerformanceFeesSubjectToClawBackProvisionThatAreReimbursable
Namespace Prefix: | ares_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Share-Based Compensation, Expense, Recognition Period + References No definition available. + Details
Name: | ares_ShareBasedCompensationExpenseRecognitionPeriod
Namespace Prefix: | ares_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of unfunded commitments, including those related to investments of capital in business combinations and financial instruments, as of the balance sheet date. + References No definition available. + Details
Name: | ares_UnfundedCapitalCommitments
Namespace Prefix: | ares_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of expense for employee benefit and equity-based compensation. + References No definition available. + Details
Name: | us-gaap_EmployeeBenefitsAndShareBasedCompensation
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee or each group of similar guarantees before reduction for potential recoveries under recourse or collateralization provisions. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 460 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482425/460-10-50-4 + Details
Name: | us-gaap_GuaranteeObligationsMaximumExposure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 460 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482425/460-10-50-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 450 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483076/450-20-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 450 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483076/450-20-50-4 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 450 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483076/450-20-50-4 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 450 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483076/450-20-50-9 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 450 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483076/450-20-50-9 + Details
Name: | us-gaap_LossContingenciesLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage decrease in employer contribution to multiemployer plan from divestiture. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 715 -SubTopic 80 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480576/715-80-50-11 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 715 -SubTopic 80 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480576/715-80-50-6 + Details
Name: | us-gaap_MultiemployerPlanDecreaseInEmployerContributionDivestiturePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage increase in employer contribution to multiemployer plan from business combination. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 715 -SubTopic 80 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480576/715-80-50-11 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 715 -SubTopic 80 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480576/715-80-50-6 + Details
Name: | us-gaap_MultiemployerPlanIncreaseInEmployerContributionBusinessCombinationPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of single lease cost, calculated by allocation of remaining cost of lease over remaining lease term. Includes, but is not limited to, single lease cost, after impairment of right-of-use asset, calculated by amortization of remaining right-of-use asset and accretion of lease liability. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 53 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479589/842-20-55-53 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_OperatingLeaseCost
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of cash paid to settle liability for award under share-based payment arrangement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsShareBasedLiabilitiesPaid
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LossContingenciesByNatureOfContingencyAxis=ares_PerformanceFeesReversalsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=ares_InfrastructureDebtAcquisitionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ContingentConsiderationByTypeAxis=ares_RevenueTargetMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |