XML 93 R53.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

COMMITMENTS AND CONTINGENCIES - Narrative (Details) | 3 Months Ended | 6 Months Ended |  |
--- | --- | --- | --- | ---
Jun. 30, 2024 USD ($) | Jun. 30, 2023 USD ($) | Dec. 31, 2022 infrastructureDebtFund | Jun. 30, 2024 USD ($) | Jun. 30, 2023 USD ($) | Dec. 31, 2023 USD ($) | Mar. 31, 2022 USD ($)
COMMITMENTS AND CONTINGENCIES |  |  |  |  |  |  |
Unfunded capital commitments | $ 1,247,600,000 |  |  | $ 1,247,600,000 |  | $ 1,030,600,000 |
Maximum exposure from guarantees | 16,400,000 |  |  | 16,400,000 |  | 122,300,000 |
Carried interest, contingent repayment obligations | $ 0 |  |  | $ 0 |  | 0 |
Minimum |  |  |  |  |  |  |
COMMITMENTS AND CONTINGENCIES |  |  |  |  |  |  |
Lease terms | 1 year |  |  | 1 year |  |  |
Maximum |  |  |  |  |  |  |
COMMITMENTS AND CONTINGENCIES |  |  |  |  |  |  |
Lease terms | 12 years |  |  | 12 years |  |  |
Performance income |  |  |  |  |  |  |
COMMITMENTS AND CONTINGENCIES |  |  |  |  |  |  |
Performance income subject to potential clawback provision | $ 75,300,000 |  |  | $ 75,300,000 |  | 78,500,000 |
Performance income subject to potential claw back provision that are reimbursable by professionals | 52,200,000 |  |  | 52,200,000 |  | 54,500,000 |
Crescent Point Capital |  |  |  |  |  |  |
COMMITMENTS AND CONTINGENCIES |  |  |  |  |  |  |
Commitment, maximum amount | 75,000,000 |  |  | $ 75,000,000 |  |  |
Business combination, percentage |  |  |  | 33.00% |  |  |
Business combination equity awards percentage |  |  |  | 67.00% |  |  |
Contingent liability | 75,000,000 |  |  | $ 75,000,000 |  | 75,000,000 |
Management incentive program, amount accrued | 15,000,000 |  |  | 15,000,000 |  | 5,000,000 |
Compensation expense | 5,000,000 |  |  | 10,000,000 |  |  |
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 | 13,600,000 |  |  | $ 13,600,000 |  | 13,600,000 |
Management incentive program, amount accrued | 5,400,000 |  |  | 5,400,000 |  | $ 4,400,000 |
Compensation expense | $ 400,000 | $ 600,000 |  | $ 900,000 | $ 1,200,000 |  |
Recognition period |  |  |  | 4 years |  |  |
Infrastructure Debt Acquisition | Revenue Target |  |  |  |  |  |  |
COMMITMENTS AND CONTINGENCIES |  |  |  |  |  |  |
Number of infrastructure debt funds revenue targets achieved | infrastructureDebtFund |  |  | 1 |  |  |  |

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, Contingent Liability + References No definition available. + Details
Name: | ares_ManagementIncentiveProgramContingentLiability
Namespace Prefix: | ares_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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 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/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 2: 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 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 720 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483359/720-20-50-1 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 460 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 27 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482395/460-10-55-27 Reference 5: 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 Reference 6: 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 7: 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 8: 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 + 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
- 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_CrescentPointCapitalMember
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: |