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FAIR VALUE - Schedule of Quantitative Inputs and Assumptions used for Level III Inputs (Details)
$ in Thousands
Mar. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Level III  | Discounted cash flow    
Assets    
Equity securities   $ 154,460
Level III  | Discounted cash flow | Discount rate | Minimum    
Significant Unobservable Input(s)    
Equity securities   20
Level III  | Discounted cash flow | Discount rate | Maximum    
Significant Unobservable Input(s)    
Equity securities   0.300
Level III  | Discounted cash flow | Discount rate | Weighted Average    
Significant Unobservable Input(s)    
Equity securities   25
Consolidated Funds     
Assets    
Equity securities $ 1,407,474 $ 1,240,653
Partnership interests 1,721,331 1,642,489
Collateralized loan obligations 11,906,346 12,345,657
Fixed income investments 11,191,112 11,718,445
Total assets, at fair value 14,325,507 14,610,713
Liabilities    
Derivative instruments (7,115) (10,782)
Total liabilities, at fair value (11,913,461) (12,356,439)
Consolidated Funds  | Level III     
Assets    
Equity securities 1,366,464 1,190,400
Partnership interests 0 0
Collateralized loan obligations 0 0
Fixed income investments 639,318 740,113
Total assets, at fair value 2,005,782 1,930,513
Liabilities    
Derivative instruments (1,574) (1,291)
Total liabilities, at fair value (1,574) (1,291)
Consolidated Funds  | Level III  | Discounted cash flow    
Assets    
Equity securities 774,504 648,581
Fixed income investments $ 3,876 $ 104
Consolidated Funds  | Level III  | Discounted cash flow | Discount rate    
Significant Unobservable Input(s)    
Fixed income investments   0.123
Consolidated Funds  | Level III  | Discounted cash flow | Discount rate | Minimum    
Significant Unobservable Input(s)    
Equity securities 0.100 0.100
Fixed income investments 0.123  
Consolidated Funds  | Level III  | Discounted cash flow | Discount rate | Maximum    
Significant Unobservable Input(s)    
Equity securities 0.160 0.160
Fixed income investments 0.127  
Consolidated Funds  | Level III  | Discounted cash flow | Discount rate | Weighted Average    
Significant Unobservable Input(s)    
Equity securities 0.130 13
Fixed income investments 0.127 0.123
Consolidated Funds  | Level III  | Market approach | Equity Securities One    
Assets    
Equity securities $ 587,252 $ 537,733
Consolidated Funds  | Level III  | Market approach | Equity Securities Two    
Assets    
Equity securities 3,704 3,909
Consolidated Funds  | Level III  | Market approach | Fixed Income Investments One    
Assets    
Fixed income investments $ 128,212 188,322
Consolidated Funds  | Level III  | Market approach | Fixed Income Investments Two    
Assets    
Fixed income investments   $ 2,974
Consolidated Funds  | Level III  | Market approach | Multiple of book value | Minimum | Equity Securities One    
Significant Unobservable Input(s)    
Equity securities 1.0 1.0
Consolidated Funds  | Level III  | Market approach | Multiple of book value | Maximum | Equity Securities One    
Significant Unobservable Input(s)    
Equity securities 1.7 1.7
Consolidated Funds  | Level III  | Market approach | Multiple of book value | Weighted Average | Equity Securities One    
Significant Unobservable Input(s)    
Equity securities 1.3 1.3
Consolidated Funds  | Level III  | Market approach | Yield | Minimum    
Significant Unobservable Input(s)    
Fixed income investments 0.088  
Consolidated Funds  | Level III  | Market approach | Yield | Minimum | Fixed Income Investments One    
Significant Unobservable Input(s)    
Fixed income investments   0.083
Consolidated Funds  | Level III  | Market approach | Yield | Maximum    
Significant Unobservable Input(s)    
Fixed income investments 0.171  
Consolidated Funds  | Level III  | Market approach | Yield | Maximum | Fixed Income Investments One    
Significant Unobservable Input(s)    
Fixed income investments   0.241
Consolidated Funds  | Level III  | Market approach | Yield | Weighted Average    
Significant Unobservable Input(s)    
Fixed income investments 0.118  
Consolidated Funds  | Level III  | Market approach | Yield | Weighted Average | Fixed Income Investments One    
Significant Unobservable Input(s)    
Fixed income investments   0.122
Consolidated Funds  | Level III  | Market approach | EBITDA multiple | Minimum | Equity Securities Two    
Significant Unobservable Input(s)    
Equity securities 5.4 4.5
Consolidated Funds  | Level III  | Market approach | EBITDA multiple | Minimum | Fixed Income Investments Two    
Significant Unobservable Input(s)    
Fixed income investments   4.5
Consolidated Funds  | Level III  | Market approach | EBITDA multiple | Maximum | Equity Securities Two    
Significant Unobservable Input(s)    
Equity securities 35.3 32.4
Consolidated Funds  | Level III  | Market approach | EBITDA multiple | Maximum | Fixed Income Investments Two    
Significant Unobservable Input(s)    
Fixed income investments   32.4
Consolidated Funds  | Level III  | Market approach | EBITDA multiple | Weighted Average | Equity Securities Two    
Significant Unobservable Input(s)    
Equity securities 9.8 8.9
Consolidated Funds  | Level III  | Market approach | EBITDA multiple | Weighted Average | Fixed Income Investments Two    
Significant Unobservable Input(s)    
Fixed income investments   9.0
Consolidated Funds  | Level III  | Transaction Price    
Assets    
Equity securities $ 871  
Fixed income investments 6,410  
Consolidated Funds  | Level III  | Broker quotes and/or 3rd party pricing services    
Assets    
Fixed income investments 500,420 $ 548,264
Liabilities    
Derivative instruments (1,574) (1,291)
Consolidated Funds  | Level III  | Other    
Assets    
Equity securities 133 177
Fixed income investments   449
Consolidated Funds  | Level III  | Other | Fixed Income Investments Two    
Assets    
Fixed income investments 400  
Ares Management L.P    
Assets    
Equity securities 509,967 499,063
Partnership interests 3,159 6,287
Total assets, at fair value 536,337 632,773
Liabilities    
Total liabilities, at fair value (1,365) (2,645)
Ares Management L.P | Level III     
Assets    
Equity securities 416,874 412,491
Partnership interests 0 0
Collateralized loan obligations 438,462  
Total assets, at fair value 438,462 538,785
Liabilities    
Total liabilities, at fair value 0 0
Ares Management L.P | Level III  | Discounted cash flow    
Assets    
Equity securities $ 160,318  
Ares Management L.P | Level III  | Discounted cash flow | Discount rate | Minimum    
Significant Unobservable Input(s)    
Equity securities 0.185  
Ares Management L.P | Level III  | Discounted cash flow | Discount rate | Maximum    
Significant Unobservable Input(s)    
Equity securities 0.300  
Ares Management L.P | Level III  | Discounted cash flow | Discount rate | Weighted Average    
Significant Unobservable Input(s)    
Equity securities 0.250  
Ares Management L.P | Level III  | Market approach | Equity Securities One    
Assets    
Equity securities $ 117,952 118,846
Ares Management L.P | Level III  | Market approach | Equity Securities Two    
Assets    
Equity securities $ 6,179 $ 6,447
Ares Management L.P | Level III  | Market approach | Multiple of book value | Minimum    
Significant Unobservable Input(s)    
Equity securities 1.3 1.3
Ares Management L.P | Level III  | Market approach | Multiple of book value | Maximum    
Significant Unobservable Input(s)    
Equity securities 1.4 1.6
Ares Management L.P | Level III  | Market approach | Multiple of book value | Weighted Average    
Significant Unobservable Input(s)    
Equity securities 1.3 1.5
Ares Management L.P | Level III  | Market approach | Enterprise value / Earnings multiple | Equity Securities Two    
Significant Unobservable Input(s)    
Equity securities 15.4 15.4
Ares Management L.P | Level III  | Market approach | Enterprise value / Earnings multiple | Weighted Average | Equity Securities Two    
Significant Unobservable Input(s)    
Equity securities 15.4 15.4
Ares Management L.P | Level III  | Transaction Price    
Assets    
Equity securities $ 100,000 $ 100,000
Fixed income investments   83,000
Ares Management L.P | Level III  | Broker quotes and/or 3rd party pricing services    
Assets    
Fixed income investments 20,010 20,799
Ares Management L.P | Level III  | Other    
Assets    
Equity securities 32,425 32,738
Collateralized loan obligations   $ 22,495
Fixed income investments $ 1,578