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FAIR VALUE - Schedule of Changes in Fair Value of Level III Measurements (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Consolidated Funds     
Level III Net Assets of Consolidated Funds    
Balance, beginning of period $ 1,929,222 $ 1,965,647
Transfer in 87,505 247,661
Transfer out (155,978) (921,406)
Purchases 1,395,810 1,210,147
Sales/settlements (960,953) (752,582)
Realized and unrealized appreciation (depreciation), net 126,292 179,755
Balance, end of period 2,421,898 1,929,222
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date $ 125,152 $ 138,303
Level III Liabilities of the Company    
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Net realized and unrealized gains (losses) from investments Net realized and unrealized gains (losses) from investments
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration] Net realized and unrealized gains (losses) from investments Net realized and unrealized gains (losses) from investments
Consolidated Funds  | Equity securities    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period $ 1,190,400 $ 730,880
Transfer in 0 0
Transfer out (1,017) (38,757)
Purchases 518,369 347,583
Sales/settlements (114) (2,595)
Realized and unrealized appreciation (depreciation), net 122,289 153,289
Balance, end of period 1,829,927 1,190,400
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date 123,659 152,336
Consolidated Funds  | Fixed Income    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period 740,113 869,668
Transfer in 87,505 247,661
Transfer out (154,961) (508,600)
Purchases 877,311 813,564
Sales/settlements (960,839) (700,944)
Realized and unrealized appreciation (depreciation), net 4,688 18,764
Balance, end of period 593,817 740,113
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date 2,237 (15,623)
Consolidated Funds  | Derivatives, Net    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period (1,291) (3,556)
Transfer in 0 0
Transfer out 0 0
Purchases 130 0
Sales/settlements 0 (154)
Realized and unrealized appreciation (depreciation), net (685) 2,419
Balance, end of period (1,846) (1,291)
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date (744) 1,590
Consolidated Funds  | Partnership Interests    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period 0 368,655
Transfer in   0
Transfer out   (374,049)
Purchases   49,000
Sales/settlements   (48,889)
Realized and unrealized appreciation (depreciation), net   5,283
Balance, end of period   0
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date   0
Ares Management L.P    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period 538,785 198,719
Transfer in 39,636  
Transfer out (872)  
Purchases 438,102 332,815
Sales/settlements (563,874) (37,334)
Realized and unrealized appreciation (depreciation), net 1,235 44,585
Balance, end of period 435,462 538,785
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date 1,268 44,584
Level III Liabilities of the Company    
Established in connection with acquisition (17,550)  
Ares Management L.P | Equity securities    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period 412,491 121,785
Established in connection with acquisition 0  
Transfer in 0  
Transfer out (872)  
Purchases 1,453 244,335
Sales/settlements (2,382) (2)
Realized and unrealized appreciation (depreciation), net 489 46,373
Balance, end of period 411,179 412,491
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date (904) 46,161
Ares Management L.P | Fixed Income    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period 126,294 76,934
Established in connection with acquisition 0  
Transfer in 39,636  
Transfer out 0  
Purchases 436,649 88,480
Sales/settlements (561,492) (37,332)
Realized and unrealized appreciation (depreciation), net 746 (1,788)
Balance, end of period 41,833 126,294
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date 2,172 (1,577)
Ares Management L.P | Contingent Consideration    
Level III Liabilities of the Company    
Balance, beginning of period 0  
Established in connection with acquisition (17,550)  
Transfers in 0  
Transfers out 0  
Purchases 0  
Sales/settlements 0  
Realized and unrealized appreciation (depreciation), net 0  
Balance, ending of period (17,550) $ 0
Change in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date $ 0