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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets    
Intangible assets, net $ 465,790 $ 640,420
Goodwill 997,801 999,656
Total assets 23,383,893 22,002,839
Liabilities    
Operating lease liabilities 326,902  
Total liabilities 18,339,676 17,097,810
Commitments and contingencies
Stockholders’ Equity    
Additional paid-in-capital 2,262,735 1,970,754
Accumulated deficit (515,351) (369,475)
Accumulated other comprehensive loss, net of tax (17,265) (14,986)
Total stockholders’ equity 1,733,179 1,589,239
Total equity 4,018,454 3,798,618
Total liabilities, redeemable interest, non-controlling interests and equity 23,383,893 22,002,839
Class A Common Stock    
Stockholders’ Equity    
Common stock 1,844 1,739
Non-voting Common Stock    
Stockholders’ Equity    
Common stock 35 35
Class B Common Stock    
Stockholders’ Equity    
Common stock 0 0
Class C Common Stock    
Stockholders’ Equity    
Common stock 1,181 1,172
Consolidated Funds     
Assets    
Cash and cash equivalents 885,318 724,641
Due from affiliates 12,352 15,789
Other assets 71,761 65,570
Investments held in trust account 1,002,787 1,013,382
Investments, at fair value 13,221,997 12,191,251
Receivable for securities sold 153,210 124,050
Liabilities    
Accounts payable, accrued expenses and other liabilities 243,337 168,286
Due to affiliates 0 4,037
Payable for securities purchased 512,879 314,193
CLO loan obligations, at fair value 11,460,963 10,701,720
Fund borrowings 80,741 168,046
Redeemable interest 1,002,587 1,013,282
Non-controlling interests in Consolidated Funds $ 1,053,433 $ 1,074,356
Stockholders’ Equity    
Other Receivable, after Allowance for Credit Loss, Related Party, Type [Extensible Enumeration] Affiliated entity Affiliated entity
Accounts Payable, Related Party, Type [Extensible Enumeration] Affiliated entity Affiliated entity
Ares Operating Group    
Liabilities    
Redeemable interest $ 23,176 $ 93,129
Non-controlling interests in Ares Operating Group entities 1,231,842 1,135,023
Ares Management L.P    
Assets    
Cash and cash equivalents 311,827 389,987
Investments (includes accrued carried interest of $3,490,841 and $3,106,577 at September 30, 2023 and December 31, 2022, respectively) 4,436,746 3,974,734
Due from affiliates 690,475 758,472
Other assets 306,492 381,137
Right-of-use operating lease assets 259,537 155,950
Intangible assets, net 1,033,590 1,208,220
Goodwill 997,801 999,656
Liabilities    
Accounts payable, accrued expenses and other liabilities 264,485 231,921
Accrued compensation 361,017 510,130
Due to affiliates 210,729 252,798
Performance related compensation payable 2,538,450 2,282,209
Debt obligations 2,340,173 2,273,854
Operating lease liabilities 326,902 190,616
Stockholders’ Equity    
Additional paid-in-capital 2,262,735 1,970,754
Accumulated deficit (515,351) (369,475)
Accumulated other comprehensive loss, net of tax (17,265) (14,986)
Total stockholders’ equity $ 1,733,179 $ 1,589,239
Other Receivable, after Allowance for Credit Loss, Related Party, Type [Extensible Enumeration] Affiliated entity Affiliated entity
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration] Accounts Payable and Accrued Liabilities Accounts Payable and Accrued Liabilities
Accounts Payable, Related Party, Type [Extensible Enumeration] Affiliated entity Affiliated entity
Ares Management L.P | Class A Common Stock    
Stockholders’ Equity    
Common stock $ 1,844 $ 1,739
Ares Management L.P | Non-voting Common Stock    
Stockholders’ Equity    
Common stock 35 35
Ares Management L.P | Class B Common Stock    
Stockholders’ Equity    
Common stock 0 0
Ares Management L.P | Class C Common Stock    
Stockholders’ Equity    
Common stock $ 1,181 $ 1,172