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SEGMENT REPORTING - Schedule of Expenses (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Total segment expenses | $ 564,544 | $ 837,738 | $ 1,103,037 | $ 1,466,374
Depreciation and amortization expense | 29,000 | 30,400 | 58,200 | 64,000
Operating segment |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Acquisition and merger-related expense | (3,650) | (2,757) | (14,228) | (7,712)
Equity-based compensation expense | (88,234) | (62,284) | (180,655) | (130,988)
Acquisition-related compensation expense | (5,435) | (600) | (10,939) | (1,242)
Placement fee adjustment | (230) | (3,744) | 5,310 | (6,976)
Depreciation and amortization expense | 36,251 | 42,991 | 72,895 | 88,650
Operating segment | Ares Management L.P |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Total segment expenses | 362,953 | 349,805 | 646,760 | 615,073
Performance related compensation-unrealized | 107,182 | (215,496) | 171,696 | (300,646)
Operating segment | Consolidated Funds |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Total segment expenses | 564,544 | 837,738 | 1,103,037 | 1,466,374
Reconciling items |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Total segment expenses | 201,591 | 487,933 | 456,277 | 851,301
Administrative fees | (17,701) | (16,890) | (34,108) | (30,167)
Acquisition and merger-related expense | (3,650) | (2,757) | (14,228) | (7,712)
Equity-based compensation expense | (88,232) | (62,282) | (180,654) | (131,359)
Acquisition-related compensation expense | (5,435) | (600) | (10,939) | (1,242)
Placement fee adjustment | 230 | 3,744 | (5,310) | 6,976
Depreciation and amortization expense | (36,251) | (42,991) | (72,895) | (88,650)
Reconciling items | Subsidiaries | Non-Controlling interest |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Total segment expenses | 1,215 | 1,959 | 3,970 | 11,151
Reconciling items | Consolidated Funds |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Expenses of Consolidated Funds added in consolidation | (16,409) | (25,395) | (34,117) | (45,036)
Expenses of Consolidated Funds eliminated in consolidation | 12,170 | 12,171 | 25,165 | 24,303
OMG |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Total segment expenses | $ 152,280 | $ 135,478 | $ 296,917 | $ 266,617

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