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DEBT - Schedule of Debt Obligations (Details) - Ares Management L.P - USD ($) $ in Thousands | 1 Months Ended | 6 Months Ended | 12 Months Ended |  |  |
--- | --- | --- | --- | --- | --- | ---
Nov. 30, 2023 | Jan. 31, 2022 | Jun. 30, 2021 | Jun. 30, 2020 | Oct. 31, 2014 | Jun. 30, 2024 | Jun. 30, 2024 | Mar. 28, 2024 | Mar. 27, 2024 | Dec. 31, 2023
DEBT |  |  |  |  |  |  |  |  |  |
Carrying Value |  |  |  |  |  | $ 2,566,887 | $ 2,566,887 |  |  | $ 2,965,480
Credit Facility |  |  |  |  |  |  |  |  |  |
DEBT |  |  |  |  |  |  |  |  |  |
Carrying Value |  |  |  |  |  | $ 495,000 | $ 495,000 |  |  | $ 895,000
Interest Rate |  |  |  |  |  | 6.39% | 6.39% |  |  | 6.37%
Interest rate spread |  |  |  |  |  |  | 0.05% |  |  |
Unused commitment fees |  |  |  |  |  | 0.10% | 0.01% |  |  |
Credit Facility | Minimum |  |  |  |  |  |  |  |  |  |
DEBT |  |  |  |  |  |  |  |  |  |
Interest rate |  |  |  |  |  | 0.00% | 0.00% |  |  |
Credit Facility | SOFR |  |  |  |  |  |  |  |  |  |
DEBT |  |  |  |  |  |  |  |  |  |
Interest rate spread |  |  |  |  |  | 1.00% |  |  |  |
Credit Facility | Revolving Credit Facility |  |  |  |  |  |  |  |  |  |
DEBT |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  |  |  |  | $ 1,400,000 |  |
Credit Facility | Revolving Credit Facility | Line of Credit |  |  |  |  |  |  |  |  |  |
DEBT |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  |  |  |  | $ 600,000 | $ 1,325,000 |
Senior Notes 2024 |  |  |  |  |  |  |  |  |  |
DEBT |  |  |  |  |  |  |  |  |  |
Original Borrowing Amount |  |  |  |  |  | $ 250,000 | $ 250,000 |  |  |
Carrying Value |  |  |  |  |  | $ 249,800 | $ 249,800 |  |  | $ 249,427
Interest Rate |  |  |  |  |  | 4.21% | 4.21% |  |  | 4.21%
Debt issuance rate |  |  |  |  | 98.27% |  |  |  |  |
Senior Notes 2028 |  |  |  |  |  |  |  |  |  |
DEBT |  |  |  |  |  |  |  |  |  |
Original Borrowing Amount |  |  |  |  |  | $ 500,000 | $ 500,000 |  |  |
Carrying Value |  |  |  |  |  | $ 495,380 | $ 495,380 |  |  | $ 494,863
Interest Rate |  |  |  |  |  | 6.42% | 6.42% |  |  | 6.42%
Debt issuance rate | 99.80% |  |  |  |  |  |  |  |  |
Senior Notes 2030 |  |  |  |  |  |  |  |  |  |
DEBT |  |  |  |  |  |  |  |  |  |
Original Borrowing Amount |  |  |  |  |  | $ 400,000 | $ 400,000 |  |  |
Carrying Value |  |  |  |  |  | $ 397,275 | $ 397,275 |  |  | $ 397,050
Interest Rate |  |  |  |  |  | 3.28% | 3.28% |  |  | 3.28%
Debt issuance rate |  |  |  | 99.77% |  |  |  |  |  |
Senior Notes 2052 |  |  |  |  |  |  |  |  |  |
DEBT |  |  |  |  |  |  |  |  |  |
Original Borrowing Amount |  |  |  |  |  | $ 500,000 | $ 500,000 |  |  |
Carrying Value |  |  |  |  |  | $ 484,399 | $ 484,399 |  |  | $ 484,199
Interest Rate |  |  |  |  |  | 3.77% | 3.77% |  |  | 3.77%
Debt issuance rate |  | 97.78% |  |  |  |  |  |  |  |
Subordinated Notes 2051 |  |  |  |  |  |  |  |  |  |
DEBT |  |  |  |  |  |  |  |  |  |
Original Borrowing Amount |  |  |  |  |  | $ 450,000 | $ 450,000 |  |  |
Carrying Value |  |  |  |  |  | $ 445,033 | $ 445,033 |  |  | $ 444,941
Interest Rate |  |  |  |  |  | 4.13% | 4.13% |  |  | 4.13%
Interest rate |  |  | 4.125% |  |  |  |  |  |  |
Debt term |  |  | 5 years |  |  |  |  |  |  |
Subordinated Notes 2051 | US Treasury |  |  |  |  |  |  |  |  |  |
DEBT |  |  |  |  |  |  |  |  |  |
Interest rate |  |  | 3.237% |  |  |  |  |  |  |

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