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RELATED PARTY TRANSACTIONS (Details) - Ares Management L.P - USD ($) $ in Thousands | Mar. 31, 2025 | Dec. 31, 2024
--- | --- | ---
Due from affiliates: |  |
Due from affiliates | $ 1,122,790 | $ 1,056,608
Due to affiliates: |  |
Due to affiliates | 721,848 | 500,480
Affiliated entity |  |
Due from affiliates: |  |
Due from affiliates | 1,122,790 | 1,056,608
Due to affiliates: |  |
Due to affiliates | 721,848 | 500,480
Management fees receivable from non-consolidated funds | Affiliated entity |  |
Due from affiliates: |  |
Due from affiliates | 750,092 | 636,835
Incentive fee receivable from non-consolidated funds | Affiliated entity |  |
Due from affiliates: |  |
Due from affiliates | 16,094 | 172,235
Payments made on behalf of and amounts due from non-consolidated funds and employees | Affiliated entity |  |
Due from affiliates: |  |
Due from affiliates | 356,604 | 247,538
Management fee received in advance and rebates payable to non-consolidated funds | Affiliated entity |  |
Due to affiliates: |  |
Due to affiliates | 4,038 | 5,767
Tax receivable agreement liability | Affiliated entity |  |
Due to affiliates: |  |
Due to affiliates | 475,121 | 402,359
Carried interest and incentive fees payable | Affiliated entity |  |
Due to affiliates: |  |
Due to affiliates | 221,792 | 78,692
Payments made by non-consolidated funds on behalf of and payable by the Company | Affiliated entity |  |
Due to affiliates: |  |
Due to affiliates | $ 20,897 | $ 13,662

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