$ARES
Ares Management Corp Stock $ares

$ares Overview Financials Valuation SEC Filings Company Website

2018 Q1 Form 10-K Financial Statement

#000162828018002576 Filed on March 01, 2018

Income Statement

Concept	2018 Q1	2017 Q4	2017
Revenue	$226.0M	$356.3M	$1.085B
YoY Change	-7.47%	-0.53%	12.46%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$201.7M	$295.7M	$1.173B
YoY Change	-2.61%	4.23%	21.06%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.300M	$3.700M	$12.60M
YoY Change	-37.74%	-58.43%	53.66%
% of Gross Profit
Operating Expenses	$206.3M	$311.0M	$1.505B
YoY Change	-58.03%	3.8%	48.04%
Operating Profit
YoY Change
Interest Expense	$2.600M	$70.20M	$21.22M
YoY Change	-93.52%	-41.21%	18.01%
% of Operating Profit
Other Income/Expense, Net	$2.240M	$72.81M	$174.7M
YoY Change	-96.04%	82.75%	191.28%
Pretax Income	$62.05M	$136.9M	$149.9M
YoY Change	-132.56%	39.08%	-49.7%
Income Tax	-$12.38M	$5.400M	-$23.05M
% Of Pretax Income	-19.94%	3.94%	-15.38%
Net Earnings	$40.95M	$39.60M	$76.18M
YoY Change	-199.55%	16.39%	-31.87%
Net Earnings / Revenue	18.12%	11.11%	7.02%
Basic Earnings Per Share
Diluted Earnings Per Share	$431.0K	$481.8K	$931.5K
COMMON SHARES
Basic Shares Outstanding	82.76M shares	82.21M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2018 Q1	2017 Q4	2017
SHORT-TERM ASSETS
Cash & Short-Term Investments	$648.0M	$675.0M	$675.0M
YoY Change	44.0%	-15.41%	-15.41%
Cash & Equivalents	$648.0M	$118.9M	$675.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$744.0M	$749.0M	$775.0M
YoY Change	-43.29%	-52.83%	-51.23%
LONG-TERM ASSETS
Property, Plant & Equipment			$61.00M
YoY Change			48.78%
Goodwill	$144.0M	$143.9M
YoY Change	0.15%	0.12%
Intangibles
YoY Change
Long-Term Investments	$7.291B	$7.307B	$7.307B
YoY Change	87.24%	92.34%	92.34%
Other Assets	$51.00M	$8.000M	$8.000M
YoY Change	15.91%	14.29%	14.29%
Total Long-Term Assets	$7.816B	$7.815B	$7.789B
YoY Change	77.39%	84.23%	83.66%
TOTAL ASSETS
Total Short-Term Assets	$744.0M	$749.0M	$775.0M
Total Long-Term Assets	$7.816B	$7.815B	$7.789B
Total Assets	$8.560B	$8.564B	$8.564B
YoY Change	49.7%	46.89%	46.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$856.0M	$822.0M	$822.0M
YoY Change	35.66%	37.46%	37.46%
Accrued Expenses	$50.00M	$28.00M	$28.00M
YoY Change	-10.71%	-78.79%	-78.79%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.166B	$1.239B	$1.239B
YoY Change	193.7%	29.6%	29.6%
LONG-TERM LIABILITIES
Long-Term Debt	$5.668B	$5.718B	$5.718B
YoY Change	61.39%	68.57%	68.57%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$5.668B	$5.718B	$5.718B
YoY Change	61.39%	68.57%	68.57%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.166B	$1.239B	$1.239B
Total Long-Term Liabilities	$5.668B	$5.718B	$5.718B
Total Liabilities	$6.995B	$7.103B	$7.990B
YoY Change	54.06%	59.54%	52.54%
SHAREHOLDERS EQUITY
Retained Earnings		$0.00
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$373.2M	$1.460B	$574.0M
YoY Change
Total Liabilities & Shareholders Equity	$8.560B	$8.564B	$8.564B
YoY Change	49.7%	46.89%	46.9%

Cashflow Statement

Concept	2018 Q1	2017 Q4	2017
OPERATING ACTIVITIES
Net Income	$40.95M	$39.60M	$76.18M
YoY Change	-199.55%	16.39%	-31.87%
Depreciation, Depletion And Amortization	$3.300M	$3.700M	$12.60M
YoY Change	-37.74%	-58.43%	53.66%
Cash From Operating Activities	$80.51M	-$670.8M	-$1.863B
YoY Change	-127.59%	83.13%	197.77%
INVESTING ACTIVITIES
Capital Expenditures	$2.857M	-$5.300M	$33.16M
YoY Change	-72.13%	43.24%	178.35%
Acquisitions			$0.00
YoY Change
Other Investing Activities		$0.00
YoY Change
Cash From Investing Activities	-$2.857M	-$5.300M	-$33.16M
YoY Change	-72.13%	43.24%	178.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$85.65M	603.4M	$1.655B
YoY Change	-240.92%	54.28%	87.89%
NET CHANGE
Cash From Operating Activities	$80.51M	-670.8M	-$1.863B
Cash From Investing Activities	-$2.857M	-5.300M	-$33.16M
Cash From Financing Activities	-$85.65M	603.4M	$1.655B
Net Change In Cash	-$8.002M	-72.70M	-$223.9M
YoY Change	-96.68%	-444.55%	-192.08%
FREE CASH FLOW
Cash From Operating Activities	$80.51M	-$670.8M	-$1.863B
Capital Expenditures	$2.857M	-$5.300M	$33.16M
Free Cash Flow	$77.65M	-$665.5M	-$1.896B
YoY Change	-125.71%	83.54%	197.41%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2017	ares	Distributed Earnings Loss Allocated To Participating Securities Basic DistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	3588000	USD
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CY2016Q4	us-gaap	Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments	34500000	USD
CY2017Q4	us-gaap	Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments	16492000	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	92219000	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	68641000	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	15726000	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	9031000	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	3192000	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	3987000	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	4071000	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	4458000	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	153739000	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	109106000	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	58315000	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	40465000	USD
CY2015	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	-300000	USD
CY2016	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	16200000	USD
CY2017	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	-1700000	USD
CY2015Q4	us-gaap	Goodwill Goodwill	144067000	USD
CY2016Q4	us-gaap	Goodwill Goodwill	143724000	USD
CY2017Q4	us-gaap	Goodwill Goodwill	143895000	USD
CY2016	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-343000	USD
CY2017	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	171000	USD
CY2015	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2016	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2017	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2016Q4	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	16519000	USD
CY2017Q4	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	0	USD
CY2016Q4	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	116000	USD
CY2017Q4	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	0	USD
CY2016Q4	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	16403000	USD
CY2017Q4	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	0	USD
CY2017Q3	us-gaap	Held To Maturity Securities Sold Security Realized Gain Loss HeldToMaturitySecuritiesSoldSecurityRealizedGainLoss	0	USD
CY2015	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	81484000	USD
CY2016Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-8974000	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	83006000	USD
CY2016Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	125425000	USD
CY2016Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	98463000	USD
CY2016	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	297920000	USD
CY2017Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-190588000	USD
CY2017Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	115080000	USD
CY2017Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	88424000	USD
CY2017Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	136943000	USD
CY2016Q4	us-gaap	Limited Partners Capital Account LimitedPartnersCapitalAccount	301790000	USD
CY2017	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	149859000	USD
CY2015	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	23800000	USD
CY2016	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	57100000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	8563522000	USD
CY2017	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	66800000	USD
CY2015	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	19064000	USD
CY2016	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	11019000	USD
CY2017	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-23052000	USD
CY2015	us-gaap	Interest Expense InterestExpense	18949000	USD
CY2016	us-gaap	Interest Expense InterestExpense	17981000	USD
CY2017	us-gaap	Interest Expense InterestExpense	21219000	USD
CY2015	us-gaap	Investment Income Net InvestmentIncomeNet	-25638000	USD
CY2016	us-gaap	Investment Income Net InvestmentIncomeNet	-50414000	USD
CY2017	us-gaap	Investment Income Net InvestmentIncomeNet	-29917000	USD
CY2016Q4	us-gaap	Investment Owned Balance Shares InvestmentOwnedBalanceShares	211243045	shares
CY2017Q4	us-gaap	Investment Owned Balance Shares InvestmentOwnedBalanceShares	212356696	shares
CY2016Q4	us-gaap	Liabilities Liabilities	4452450000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	7103230000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5829712000	USD
CY2017Q4	us-gaap	Limited Partners Capital Account LimitedPartnersCapitalAccount	279065000	USD
CY2016Q4	us-gaap	Limited Partners Capital Account Units Issued LimitedPartnersCapitalAccountUnitsIssued	80814732	shares
CY2017Q4	us-gaap	Limited Partners Capital Account Units Issued LimitedPartnersCapitalAccountUnitsIssued	82280033	shares
CY2016Q4	us-gaap	Limited Partners Capital Account Units Outstanding LimitedPartnersCapitalAccountUnitsOutstanding	80814732	shares
CY2017Q4	us-gaap	Limited Partners Capital Account Units Outstanding LimitedPartnersCapitalAccountUnitsOutstanding	82280033	shares
CY2015	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	302508000	USD
CY2016	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	330649000	USD
CY2017	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	345222000	USD
CY2016Q4	us-gaap	Minority Interest Ownership Percentage By Noncontrolling Owners MinorityInterestOwnershipPercentageByNoncontrollingOwners	1
CY2017Q4	us-gaap	Minority Interest Ownership Percentage By Noncontrolling Owners MinorityInterestOwnershipPercentageByNoncontrollingOwners	1
CY2015	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	581537000	USD
CY2016	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	880764000	USD
CY2017	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1654958000	USD
CY2015	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-75113000	USD
CY2016	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-11913000	USD
CY2017	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-33160000	USD
CY2015	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-527986000	USD
CY2016	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-625655000	USD
CY2017	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1863095000	USD
CY2015	us-gaap	Net Income Loss NetIncomeLoss	19378000	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	-3090000	USD
CY2016Q2	us-gaap	Net Income Loss NetIncomeLoss	37574000	USD
CY2016Q3	us-gaap	Net Income Loss NetIncomeLoss	43305000	USD
CY2016Q4	us-gaap	Net Income Loss NetIncomeLoss	34019000	USD
CY2016	us-gaap	Net Income Loss NetIncomeLoss	111808000	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	-41134000	USD
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	49878000	USD
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	27838000	USD
CY2017Q4	us-gaap	Net Income Loss NetIncomeLoss	39596000	USD
CY2017	us-gaap	Net Income Loss NetIncomeLoss	76178000	USD
CY2015	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	18717000	USD
CY2016	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	98367000	USD
CY2017	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	50890000	USD
CY2015	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	18717000	USD
CY2016	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	99624000	USD
CY2017	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	50890000	USD
CY2017	us-gaap	Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted	0.62
CY2015	us-gaap	Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax	0.23
CY2016Q1	us-gaap	Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax	-0.04
CY2016Q2	us-gaap	Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax	0.46
CY2016Q3	us-gaap	Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax	0.45
CY2016Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	39841000	USD
CY2016	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	115135000	USD
CY2017Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	59222000	USD
CY2017Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	29387000	USD
CY2017Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	58880000	USD
CY2017Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	91629000	USD
CY2017	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	239118000	USD
CY2017	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	segment
CY2015	us-gaap	Operating Expenses OperatingExpenses	769040000	USD
CY2015	us-gaap	Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted	0.23
CY2016Q1	us-gaap	Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted	-0.04
CY2016Q2	us-gaap	Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted	0.46
CY2016Q3	us-gaap	Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted	0.43
CY2016Q4	us-gaap	Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted	0.34
CY2016	us-gaap	Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted	1.20
CY2017Q1	us-gaap	Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted	-0.58
CY2017Q2	us-gaap	Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted	0.53
CY2017Q3	us-gaap	Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted	0.26
CY2017Q4	us-gaap	Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted	0.39
CY2016Q4	us-gaap	Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax	0.35
CY2016	us-gaap	Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax	1.22
CY2017Q1	us-gaap	Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax	-0.58
CY2017Q2	us-gaap	Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax	0.54
CY2017Q3	us-gaap	Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax	0.26
CY2017Q4	us-gaap	Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax	0.40
CY2017	us-gaap	Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax	0.62
CY2015	us-gaap	Noncontrolling Interest Decrease From Deconsolidation NoncontrollingInterestDecreaseFromDeconsolidation	1652000	USD
CY2015	us-gaap	Noncontrolling Interest Increase From Business Combination NoncontrollingInterestIncreaseFromBusinessCombination	25468000	USD
CY2015	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	88652000	USD
CY2016	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	132932000	USD
CY2017	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	195403000	USD
CY2015	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	36082000	USD
CY2016Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-15451000	USD
CY2016Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	17406000	USD
CY2016Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	73339000	USD
CY2016Q1	us-gaap	Operating Expenses OperatingExpenses	129538000	USD
CY2016Q2	us-gaap	Operating Expenses OperatingExpenses	303935000	USD
CY2016Q3	us-gaap	Operating Expenses OperatingExpenses	283374000	USD
CY2016Q4	us-gaap	Operating Expenses OperatingExpenses	299573000	USD
CY2016	us-gaap	Operating Expenses OperatingExpenses	1016420000	USD
CY2017Q1	us-gaap	Operating Expenses OperatingExpenses	491467000	USD
CY2017Q2	us-gaap	Operating Expenses OperatingExpenses	448197000	USD
CY2017Q3	us-gaap	Operating Expenses OperatingExpenses	254127000	USD
CY2017Q4	us-gaap	Operating Expenses OperatingExpenses	310967000	USD
CY2017	us-gaap	Operating Expenses OperatingExpenses	1504758000	USD
CY2017Q4	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	164278000	USD
CY2017Q4	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	26849000	USD
CY2017Q4	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	19451000	USD
CY2017Q4	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	17726000	USD
CY2017Q4	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	22032000	USD
CY2017Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	26251000	USD
CY2017Q4	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	51969000	USD
CY2017Q4	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	24800000	USD
CY2016	us-gaap	Partners Capital Account Redemptions PartnersCapitalAccountRedemptions	-3337000	USD
CY2016	us-gaap	Partners Capital Account Sale Of Units PartnersCapitalAccountSaleOfUnits	298761000	USD
CY2017Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	700000	USD
CY2015	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	64437000	USD
CY2016	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
CY2017	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
CY2015	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	10676000	USD
CY2016	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	11913000	USD
CY2017	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	33160000	USD
CY2017	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.07
CY2015	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	0	USD
CY2016Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	0	USD
CY2016Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	0	USD
CY2016Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	6751000	USD
CY2016Q4	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	5425000	USD
CY2016	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	12176000	USD
CY2017Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	5425000	USD
CY2017Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	5425000	USD
CY2017Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	5425000	USD
CY2017Q4	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	5425000	USD
CY2017	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	21700000	USD
CY2017Q4	us-gaap	Preferred Stock Redemption Price Per Share PreferredStockRedemptionPricePerShare	25.00
CY2016Q4	us-gaap	Preferred Units Issued PreferredUnitsIssued	12400000	shares
CY2017Q4	us-gaap	Preferred Units Issued PreferredUnitsIssued	12400000	shares
CY2016Q4	us-gaap	Preferred Units Outstanding PreferredUnitsOutstanding	12400000	shares
CY2017Q4	us-gaap	Preferred Units Outstanding PreferredUnitsOutstanding	12400000	shares
CY2016Q4	us-gaap	Preferred Units Preferred Partners Capital Accounts PreferredUnitsPreferredPartnersCapitalAccounts	298761000	USD
CY2017Q4	us-gaap	Preferred Units Preferred Partners Capital Accounts PreferredUnitsPreferredPartnersCapitalAccounts	298761000	USD
CY2017	us-gaap	Proceeds From Sale Of Held To Maturity Securities ProceedsFromSaleOfHeldToMaturitySecurities	18500000	USD
CY2015	us-gaap	Profit Loss ProfitLoss	62420000	USD
CY2016Q1	us-gaap	Profit Loss ProfitLoss	-13639000	USD
CY2016Q2	us-gaap	Profit Loss ProfitLoss	87440000	USD
CY2016Q3	us-gaap	Profit Loss ProfitLoss	117784000	USD
CY2016Q4	us-gaap	Profit Loss ProfitLoss	95316000	USD
CY2016	us-gaap	Profit Loss ProfitLoss	286901000	USD
CY2017Q1	us-gaap	Profit Loss ProfitLoss	-156324000	USD
CY2017Q2	us-gaap	Profit Loss ProfitLoss	113827000	USD
CY2017Q3	us-gaap	Profit Loss ProfitLoss	83872000	USD
CY2017Q4	us-gaap	Profit Loss ProfitLoss	131536000	USD
CY2017	us-gaap	Profit Loss ProfitLoss	172911000	USD
CY2015	us-gaap	Revenues Revenues	814442000	USD
CY2016Q1	us-gaap	Revenues Revenues	136015000	USD
CY2016Q2	us-gaap	Revenues Revenues	369535000	USD
CY2016Q3	us-gaap	Revenues Revenues	335460000	USD
CY2016Q4	us-gaap	Revenues Revenues	358195000	USD
CY2016	us-gaap	Revenues Revenues	1199205000	USD
CY2017Q1	us-gaap	Revenues Revenues	241657000	USD
CY2017Q2	us-gaap	Revenues Revenues	533890000	USD
CY2017Q3	us-gaap	Revenues Revenues	283671000	USD
CY2017Q4	us-gaap	Revenues Revenues	356281000	USD
CY2017	us-gaap	Revenues Revenues	1415499000	USD
CY2015	us-gaap	Stock Issued1 StockIssued1	25468000	USD
CY2016	us-gaap	Stock Issued1 StockIssued1	0	USD
CY2017	us-gaap	Stock Issued1 StockIssued1	0	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	292851000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	274857000	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5697935000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	968406000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1377262000	USD
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1460292000	USD
CY2015Q4	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	23988000	USD
CY2016Q4	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	23505000	USD
CY2015	us-gaap	Undistributed Earnings UndistributedEarnings	19378000	USD
CY2016Q1	us-gaap	Undistributed Earnings UndistributedEarnings	-3090000	USD
CY2016Q2	us-gaap	Undistributed Earnings UndistributedEarnings	37574000	USD
CY2016Q3	us-gaap	Undistributed Earnings UndistributedEarnings	36554000	USD
CY2016Q4	us-gaap	Undistributed Earnings UndistributedEarnings	28594000	USD
CY2016	us-gaap	Undistributed Earnings UndistributedEarnings	99632000	USD
CY2017Q1	us-gaap	Undistributed Earnings UndistributedEarnings	-46559000	USD
CY2017Q2	us-gaap	Undistributed Earnings UndistributedEarnings	44453000	USD
CY2017Q3	us-gaap	Undistributed Earnings UndistributedEarnings	22413000	USD
CY2017Q4	us-gaap	Undistributed Earnings UndistributedEarnings	34171000	USD
CY2017	us-gaap	Undistributed Earnings UndistributedEarnings	54478000	USD
CY2016	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	500000	USD
CY2017	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	1900000	USD
CY2015	us-gaap	Weighted Average Limited Partnership Units Outstanding WeightedAverageLimitedPartnershipUnitsOutstanding	80673360	shares
CY2016	us-gaap	Weighted Average Limited Partnership Units Outstanding WeightedAverageLimitedPartnershipUnitsOutstanding	80749671	shares
CY2017	us-gaap	Weighted Average Limited Partnership Units Outstanding WeightedAverageLimitedPartnershipUnitsOutstanding	81838007	shares
CY2015	us-gaap	Weighted Average Limited Partnership Units Outstanding Diluted WeightedAverageLimitedPartnershipUnitsOutstandingDiluted	80673360	shares
CY2016	us-gaap	Weighted Average Limited Partnership Units Outstanding Diluted WeightedAverageLimitedPartnershipUnitsOutstandingDiluted	82937030	shares
CY2017	us-gaap	Weighted Average Limited Partnership Units Outstanding Diluted WeightedAverageLimitedPartnershipUnitsOutstandingDiluted	81838007	shares
CY2017	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has reclassified certain prior period amounts to conform to the current year presentation.</font></div></div>
CY2017	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates </font></div><div style="line-height:120%;text-align:left;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make assumptions and estimates that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues, expenses and investment income (loss) during the reporting periods. Assumptions and estimates regarding the valuation of investments involve a high degree of judgment and complexity and may have a significant impact on performance fees. Actual results could differ from these estimates and such differences could be material to the consolidated financial statements.</font></div></div>

Files In Submission

Name	View Source	Status
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2018 Q1 Form 10-K Financial Statement

#000162828018002576 Filed on March 01, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ARES Ares Management Corp Stock $ares

2018 Q1 Form 10-K Financial Statement

#000162828018002576 Filed on March 01, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ARES
Ares Management Corp Stock $ares