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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues        
Total revenues $ 671,255 $ 801,290 $ 2,577,903 $ 2,117,719
Expenses        
Compensation and benefits 367,502 425,419 1,095,833 1,155,031
Performance related compensation (25,448) 142,934 401,990 316,818
General, administrative and other expenses 211,842 319,352 501,340 562,441
Total expenses 560,960 898,102 2,027,334 2,062,654
Other income (expense)        
Net realized and unrealized gains (losses) on investments (1,770) 4,431 5,226 10,765
Interest and dividend income 4,752 2,086 11,281 5,064
Interest expense (25,975) (18,307) (76,800) (51,174)
Other income (expense), net 5,742 2,601 (1,068) 10,194
Total other income, net 116,577 36,434 299,394 112,932
Income (loss) before taxes 226,872 (60,378) 849,963 167,997
Income tax expense (benefit) 29,898 (11,599) 113,418 22,272
Net income (loss) 196,974 (48,779) 736,545 145,725
Net income (loss) attributable to Ares Management Corporation Class A and non-voting common stockholders $ 61,823 $ (35,546) $ 300,376 $ 50,048
Class A Common Stock        
Net income (loss) per share of Class A and non-voting common stock:        
Basic (in dollars per share) $ 0.30 $ (0.22) $ 1.54 $ 0.23
Diluted (in dollars per share) $ 0.30 $ (0.22) $ 1.54 $ 0.23
Weighted-average shares of Class A and non-voting common stock:        
Basic (in shares) 186,218,638 175,631,144 182,757,955 175,010,241
Diluted (in shares) 186,218,638 175,631,144 182,757,955 175,010,241
Non-voting Common Stock        
Net income (loss) per share of Class A and non-voting common stock:        
Basic (in dollars per share) $ 0.30 $ (0.22) $ 1.54 $ 0.23
Diluted (in dollars per share) $ 0.30 $ (0.22) $ 1.54 $ 0.23
Weighted-average shares of Class A and non-voting common stock:        
Basic (in shares) 186,218,638 175,631,144 182,757,955 175,010,241
Diluted (in shares) 186,218,638 175,631,144 182,757,955 175,010,241
Consolidated Funds         
Expenses        
Expenses of Consolidated Funds $ 7,064 $ 10,397 $ 28,171 $ 28,364
Other income (expense)        
Net realized and unrealized gains (losses) on investments 79,591 (30) 188,717 8,031
Interest expense (201,363) (112,762) (540,954) (266,028)
Interest and other income of Consolidated Funds 255,600 158,415 712,992 396,080
Less: Net income (loss) attributable to non-controlling interests 80,289 16,340 174,663 48,700
Ares Operating Group        
Other income (expense)        
Net income (loss) 116,685 (65,119) 561,882 97,025
Less: Net income (loss) attributable to non-controlling interests 54,104 (29,666) 261,838 46,942
Less: Net income (loss) attributable to redeemable interest in Ares Operating Group entities 758 93 (332) 35
Management fees        
Revenues        
Total revenues 637,517 548,458 1,853,304 1,546,350
Carried interest allocation        
Revenues        
Total revenues (28,126) 192,186 541,828 417,779
Incentive fees        
Revenues        
Total revenues 16,454 8,882 33,327 29,979
Principal investment income        
Revenues        
Total revenues 9,339 11,582 38,985 15,521
Administrative, transaction and other fees        
Revenues        
Total revenues $ 36,071 $ 40,182 $ 110,459 $ 108,090