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SEGMENT REPORTING - Schedule of Segment Revenue Reconciliation (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2024 | Sep. 30, 2023 | Sep. 30, 2024 | Sep. 30, 2023
Revenue adjustment |  |  |  |
Total revenues | $ 1,129,739 | $ 671,255 | $ 2,625,784 | $ 2,577,903
Total segment revenue | 841,966 | 677,689 | 2,452,687 | 2,116,477
Ares Management L.P |  |  |  |
Revenue adjustment |  |  |  |
Total revenues | 1,129,739 | 671,255 | 2,625,784 | 2,577,903
Operating segment | Ares Management L.P |  |  |  |
Revenue adjustment |  |  |  |
Performance (income) loss—unrealized | (263,553) | 31,400 | (95,759) | (384,533)
Total segment revenue | 841,966 | 677,689 | 2,452,687 | 2,116,477
Reconciling items |  |  |  |
Revenue adjustment |  |  |  |
Total segment revenue | (287,773) | 6,434 | (173,097) | (461,426)
Principal investment income, net of eliminations | (14,101) | (29,980) | (12,038) | (130,679)
Reconciling items | Non-Controlling interest | Subsidiaries |  |  |  |
Revenue adjustment |  |  |  |
Total segment revenue | (5,659) | (7,894) | (20,532) | (25,224)
OMG |  |  |  |
Revenue adjustment |  |  |  |
OMG revenue | (5,252) | (5,717) | (15,066) | (18,205)
Consolidated Funds |  |  |  |
Revenue adjustment |  |  |  |
OMG revenue | 64,831 | 79,591 | 192,778 | 188,717
Management fees |  |  |  |
Revenue adjustment |  |  |  |
Total revenues | 753,597 | 637,517 | 2,162,970 | 1,853,304
Management fees | Operating segment | Ares Management L.P |  |  |  |
Revenue adjustment |  |  |  |
Total revenues | 757,262 | 643,649 | 2,176,738 | 1,868,020
Management fees | OMG |  |  |  |
Revenue adjustment |  |  |  |
Total revenues | 0 | 0 | 0 | 0
Management fees | Consolidated Funds | Eliminations |  |  |  |
Revenue adjustment |  |  |  |
Total segment revenue | 11,660 | 12,181 | 36,115 | 35,787
Carried interest |  |  |  |
Revenue adjustment |  |  |  |
Total revenues | 277,651 | (28,126) | 194,006 | 541,828
Carried interest | Consolidated Funds | Eliminations |  |  |  |
Revenue adjustment |  |  |  |
Total revenues | 1,032 | 1,874 | 18,484 | 9,365
Administrative, transaction and other fees |  |  |  |
Revenue adjustment |  |  |  |
Total revenues | 41,817 | 36,071 | 119,222 | 110,459
Administrative, transaction and other fees | Reconciling items |  |  |  |
Revenue adjustment |  |  |  |
Total revenues | (18,093) | (16,154) | (52,201) | (46,692)
Administrative, transaction and other fees | Consolidated Funds | Reconciling items |  |  |  |
Revenue adjustment |  |  |  |
Total revenues | 128 | 83 | 409 | 7,061
Principal investment income |  |  |  |
Revenue adjustment |  |  |  |
Total revenues | 8,036 | 9,339 | 44,547 | 38,985
Principal investment income | Reconciling items |  |  |  |
Revenue adjustment |  |  |  |
Principal investment income, net of eliminations | $ (8,036) | $ (9,339) | $ (44,547) | $ (38,985)

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