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EQUITY AND REDEEMABLE INTEREST (Tables) | 3 Months Ended
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Mar. 31, 2025
Stockholders' Equity Note [Abstract] |
Schedule of Stock by Class | The following table presents the changes in each class of common stock:
| Class A Common Stock |  | Non-Voting Common Stock |  | Class B Common Stock |  | Class C Common Stock |  | Total
Balance as of December 31, 2024 | 199,872,571 |  |  | 3,489,911 |  |  | 1,000 |  |  | 109,806,689 |  |  | 313,170,171 |
Issuances of common stock | 10,312,965 |  |  | — |  |  | — |  |  | 303,500 |  |  | 10,616,465 |
Exchanges of common stock | 1,995,269 |  |  | — |  |  | — |  |  | (1,995,269) |  |  | — |
Vesting of restricted unit awards, net of shares withheld for tax | 2,714,799 |  |  | — |  |  | — |  |  | — |  |  | 2,714,799 |
Balance as of March 31, 2025 | 214,895,604 |  |  | 3,489,911 |  |  | 1,000 |  |  | 108,114,920 |  |  | 326,501,435 |
Schedule of Ownership Interests | The following table presents each partner’s AOG Units and corresponding ownership interest in each of the AOG entities, as well as its daily average ownership of AOG Units in each of the AOG entities:
|  |  |  |  |  |  |  |  |  | Daily Average Ownership
|  | As of March 31, 2025 |  | As of December 31, 2024 |  | Three months ended March 31, |  |
|  | AOG Units |  | Direct Ownership Interest |  | AOG Units |  | Direct Ownership Interest |  | 2025 |  | 2024 |  |  |  |  |  |
Ares Management Corporation |  | 218,385,515 |  |  | 66.89 | % |  | 203,362,482 |  |  | 64.94 | % |  | 65.77 | % |  | 62.32 | % |  |  |  |  |  |
Ares Owners Holdings, L.P. |  | 108,114,920 |  |  | 33.11 |  |  | 109,806,689 |  |  | 35.06 |  |  | 34.23 |  |  | 37.68 |  |  |  |  |  |  |
Total |  | 326,500,435 |  |  | 100.00 | % |  | 313,169,171 |  |  | 100.00 | % |  |  |  |  |  |  |  |  |  |
Schedule of Redeemable Interests | The following table summarizes the activities associated with the redeemable interest in AOG entities:
| Total
Balance as of December 31, 2023 | $ | 24,098 |
Net income | 73 |
Currency translation adjustment, net of tax | (257) |
Distributions | (302) |
Balance as of March 31, 2024 | 23,612 |
Net loss | (387) |
Currency translation adjustment, net of tax | (47) |
Balance as of June 30, 2024 | 23,178 |
Net income | 1,319 |
Currency translation adjustment, net of tax | 614 |
Balance as of September 30, 2024 | 25,111 |
Net loss | (902) |
Currency translation adjustment, net of tax | (713) |
Balance as of December 31, 2024 | 23,496 |
Net income | 316 |
Currency translation adjustment, net of tax | 198 |
Distributions | (300) |
Balance as of March 31, 2025 | $ | 23,710 |
The following table summarizes the activities associated with the redeemable interest in Consolidated Funds:
| Total
Balance as of December 31, 2023 | $ | 522,938 |
Change in redemption value | 6,849 |
Balance as of March 31, 2024 | 529,787 |
Change in redemption value | 6,959 |
Balance as of June 30, 2024 | 536,746 |
Change in redemption value | 7,408 |
Balance as of September 30, 2024 | 544,154 |
Change in redemption value | 6,546 |
Balance as of December 31, 2024 | 550,700 |
Change in redemption value | 5,698 |
Balance as of March 31, 2025 | $ | 556,398 |

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- Definition Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(27)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-3 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-4 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-5 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481142/505-10-45-2 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-10 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-8 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section S99 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480244/480-10-S99-1 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-6 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-7 + Details
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- Definition Tabular disclosure of temporary equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(27)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section S99 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480244/480-10-S99-1 + Details
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