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FAIR VALUE - Schedule of Changes in Fair Value of Level III Measurements (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Consolidated Funds     
Level III Net Assets of Consolidated Funds    
Balance, beginning of period $ 2,421,898 $ 1,929,222
Transfer in 82,479 91,729
Transfer out (72,264) (172,358)
Purchases 248,268 418,227
Sales/settlements (267,833) (285,911)
Realized and unrealized appreciation (depreciation), net 12,602 23,299
Balance, end of period 2,425,150 2,004,208
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date $ 13,129 $ 23,265
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
Equity securities | Consolidated Funds     
Level III Net Assets of Consolidated Funds    
Balance, beginning of period $ 1,829,927 $ 1,190,400
Transfer in 1 0
Transfer out 0 0
Purchases 285 154,475
Sales/settlements (88) 0
Realized and unrealized appreciation (depreciation), net 14,782 21,589
Balance, end of period 1,844,907 1,366,464
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date 15,102 22,225
Fixed Income | Consolidated Funds     
Level III Net Assets of Consolidated Funds    
Balance, beginning of period 593,817 740,113
Transfer in 82,478 91,729
Transfer out (72,264) (172,358)
Purchases 247,859 263,706
Sales/settlements (267,745) (285,911)
Realized and unrealized appreciation (depreciation), net (3,153) 2,039
Balance, end of period 580,992 639,318
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date (2,824) 1,420
Derivatives, Net | Consolidated Funds     
Level III Net Assets of Consolidated Funds    
Balance, beginning of period (1,846) (1,291)
Transfer in 0 0
Transfer out 0 0
Purchases 124 46
Sales/settlements 0 0
Realized and unrealized appreciation (depreciation), net 973 (329)
Balance, end of period (749) (1,574)
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date 851 (380)
Ares Management L.P    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period 435,462 538,785
Purchases 12,076 2,296
Sales/settlements (23,657) (109,142)
Change in fair value (2,324)  
Realized and unrealized appreciation (depreciation), net 3,608 6,523
Balance, end of period (39,915) 438,462
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date 1,956 6,523
Level III Liabilities of the Company    
Established in connection with acquisition (465,080)  
Ares Management L.P | Contingent Consideration    
Level III Liabilities of the Company    
Balance, beginning of period (17,550)  
Established in connection with acquisition (465,080)  
Purchases 0  
Sales/settlements 0  
Change in fair value (2,324)  
Realized and unrealized appreciation (depreciation), net 0  
Balance, ending of period (484,954)  
Change in net unrealized appreciation/depreciation included in earnings related to financial assets still held at the reporting date (2,324)  
Ares Management L.P | Equity securities    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period 411,179 412,491
Established in connection with acquisition 0  
Purchases 10,546 30
Sales/settlements 0 (782)
Change in fair value 0  
Realized and unrealized appreciation (depreciation), net 4,652 5,135
Balance, end of period 426,377 416,874
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date 4,652 5,135
Ares Management L.P | Fixed Income    
Level III Net Assets of Consolidated Funds    
Balance, beginning of period 41,833 126,294
Established in connection with acquisition 0  
Purchases 1,530 2,266
Sales/settlements (23,657) (108,360)
Change in fair value 0  
Realized and unrealized appreciation (depreciation), net (1,044) 1,388
Balance, end of period 18,662 21,588
Change in net unrealized appreciation/depreciation included in earnings related to financial assets and liabilities still held at the reporting date $ (372) $ 1,388