$ARES
Ares Management Corp Stock $ares

$ares Overview Financials Valuation SEC Filings Company Website

2018 Form 10-K Financial Statement

#000162828019001988 Filed on February 26, 2019

Income Statement

Concept	2018	2017 Q4	2017 Q3
Revenue	$1.218B	$356.3M	$288.4M
YoY Change	12.28%	-0.53%	-14.03%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$807.3M	$295.7M	$231.4M
YoY Change	-31.16%	4.23%	-13.3%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$16.10M	$3.700M	$3.700M
YoY Change	27.78%	-58.43%	-59.78%
% of Gross Profit
Operating Expenses	$870.4M	$311.0M	$254.1M
YoY Change	-42.16%	3.8%	-10.32%
Operating Profit
YoY Change
Interest Expense	$97.10M	$70.20M	$56.60M
YoY Change	357.61%	-41.21%	12.52%
% of Operating Profit
Other Income/Expense, Net	$96.24M	$72.81M	$54.15M
YoY Change	-44.9%	82.75%	-26.17%
Pretax Income	$184.3M	$136.9M	$88.42M
YoY Change	23.01%	39.08%	-29.5%
Income Tax	$32.20M	$5.400M	$4.552M
% Of Pretax Income	17.47%	3.94%	5.15%
Net Earnings	$57.02M	$39.60M	$27.84M
YoY Change	-25.15%	16.39%	-35.72%
Net Earnings / Revenue	4.68%	11.11%	9.65%
Basic Earnings Per Share
Diluted Earnings Per Share	$593.8K	$481.8K	$338.2K
COMMON SHARES
Basic Shares Outstanding		82.21M shares	82.15M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2018	2017 Q4	2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$495.0M	$675.0M	$986.0M
YoY Change	-26.67%	-15.41%	79.27%
Cash & Equivalents	$495.0M	$118.9M	$986.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables			$998.0M
Other Receivables			$36.00M
Total Short-Term Assets	$618.0M	$749.0M	$2.020B
YoY Change	-20.26%	-52.83%	60.44%
LONG-TERM ASSETS
Property, Plant & Equipment	$65.00M
YoY Change	6.56%
Goodwill		$143.9M	$143.9M
YoY Change		0.12%
Intangibles
YoY Change
Long-Term Investments	$8.999B	$7.307B	$5.500B
YoY Change	23.16%	92.34%	52.35%
Other Assets	$42.00M	$8.000M	$37.00M
YoY Change	425.0%	14.29%
Total Long-Term Assets	$9.537B	$7.815B	$5.999B
YoY Change	22.44%	84.23%	47.77%
TOTAL ASSETS
Total Short-Term Assets	$618.0M	$749.0M	$2.020B
Total Long-Term Assets	$9.537B	$7.815B	$5.999B
Total Assets	$10.16B	$8.564B	$8.019B
YoY Change	18.58%	46.89%	50.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$642.0M	$822.0M	$780.0M
YoY Change	-21.9%	37.46%	49.71%
Accrued Expenses	$29.00M	$28.00M	$134.0M
YoY Change	3.57%	-78.79%	2.29%
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	$750.0M	$1.239B	$1.412B
YoY Change	-39.47%	29.6%	65.34%
LONG-TERM LIABILITIES
Long-Term Debt	$7.368B	$5.718B	$5.084B
YoY Change	28.86%	68.57%	71.29%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$7.368B	$5.718B	$5.084B
YoY Change	28.86%	68.57%	69.02%
TOTAL LIABILITIES
Total Short-Term Liabilities	$750.0M	$1.239B	$1.412B
Total Long-Term Liabilities	$7.368B	$5.718B	$5.084B
Total Liabilities	$9.567B	$7.103B	$6.642B
YoY Change	19.74%	59.54%	40.0%
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	$588.0M	$1.460B	$270.9M
YoY Change
Total Liabilities & Shareholders Equity	$10.16B	$8.564B	$8.019B
YoY Change	18.58%	46.89%	50.77%

Cashflow Statement

Concept	2018	2017 Q4	2017 Q3
OPERATING ACTIVITIES
Net Income	$57.02M	$39.60M	$27.84M
YoY Change	-25.15%	16.39%	-35.72%
Depreciation, Depletion And Amortization	$16.10M	$3.700M	$3.700M
YoY Change	27.78%	-58.43%	-59.78%
Cash From Operating Activities	-$1.417B	-$670.8M	-$888.1M
YoY Change	-23.94%	83.13%	170.43%
INVESTING ACTIVITIES
Capital Expenditures	$18.42M	-$5.300M	-$6.700M
YoY Change	-44.45%	43.24%	131.03%
Acquisitions
YoY Change
Other Investing Activities		$0.00
YoY Change
Cash From Investing Activities	-$18.42M	-$5.300M	-$6.700M
YoY Change	-44.45%	43.24%	131.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$1.405B	603.4M	943.5M
YoY Change	-15.08%	54.28%	133.71%
NET CHANGE
Cash From Operating Activities	-$1.417B	-670.8M	-888.1M
Cash From Investing Activities	-$18.42M	-5.300M	-6.700M
Cash From Financing Activities	$1.405B	603.4M	943.5M
Net Change In Cash	-$8.682M	-72.70M	48.70M
YoY Change	-96.12%	-444.55%	-32.73%
FREE CASH FLOW
Cash From Operating Activities	-$1.417B	-$670.8M	-$888.1M
Capital Expenditures	$18.42M	-$5.300M	-$6.700M
Free Cash Flow	-$1.435B	-$665.5M	-$881.4M
YoY Change	-24.3%	83.54%	170.78%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2017Q4	ares	Carried Interest Contingent Repayment Obligations CarriedInterestContingentRepaymentObligations	0	USD
CY2018Q4	ares	Carried Interest Contingent Repayment Obligations CarriedInterestContingentRepaymentObligations	400000	USD
CY2016	ares	Deferred Tax Assets Liabilities Resulting From Allocation Of Contributions DeferredTaxAssetsLiabilitiesResultingFromAllocationOfContributions	727000	USD
CY2017	ares	Deferred Tax Assets Liabilities Resulting From Allocation Of Contributions DeferredTaxAssetsLiabilitiesResultingFromAllocationOfContributions	-6520000	USD
CY2016	ares	Distributed Earnings Loss Allocated To Participating Securities Basic DistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	1257000	USD
CY2017	ares	Distributed Earnings Loss Allocated To Participating Securities Basic DistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	3588000	USD
CY2018	ares	Distributed Earnings Loss Allocated To Participating Securities Basic DistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	6948000	USD
CY2016	ares	Distributed Earnings Loss Allocated To Participating Securities Diluted DistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	0	USD
CY2017	ares	Distributed Earnings Loss Allocated To Participating Securities Diluted DistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	3588000	USD
CY2018	ares	Distributed Earnings Loss Allocated To Participating Securities Diluted DistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	6948000	USD
CY2016	ares	Distributions By Subsidiary DistributionsBySubsidiary	8000	USD
CY2017	ares	Distributions By Subsidiary DistributionsBySubsidiary	0	USD
CY2018	ares	Distributions By Subsidiary DistributionsBySubsidiary	0	USD
CY2016	ares	Effective Income Tax Rate Reconciliation Corporate Conversion Expense EffectiveIncomeTaxRateReconciliationCorporateConversionExpense	0.000
CY2017	ares	Effective Income Tax Rate Reconciliation Corporate Conversion Expense EffectiveIncomeTaxRateReconciliationCorporateConversionExpense	0.000
CY2018	ares	Effective Income Tax Rate Reconciliation Corporate Conversion Expense EffectiveIncomeTaxRateReconciliationCorporateConversionExpense	0.054
CY2017Q4	ares	Number Of Collateralized Loan Obligations Consolidated NumberOfCollateralizedLoanObligationsConsolidated	10
CY2018Q4	ares	Number Of Collateralized Loan Obligations Consolidated NumberOfCollateralizedLoanObligationsConsolidated	13
CY2016	ares	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Including Redeemable Interest Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentIncludingRedeemableInterestNetOfTax	15707000	USD
CY2017	ares	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Including Redeemable Interest Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentIncludingRedeemableInterestNetOfTax	-13927000	USD
CY2018	ares	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Including Redeemable Interest Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentIncludingRedeemableInterestNetOfTax	11988000	USD
CY2018	ares	Performance Fee Compensation Employment Or Service Period PerformanceFeeCompensationEmploymentOrServicePeriod	P5Y
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CY2017	ares	Effective Income Tax Rate Reconciliation Income Passed Through EffectiveIncomeTaxRateReconciliationIncomePassedThrough	-0.511
CY2018	ares	Effective Income Tax Rate Reconciliation Income Passed Through EffectiveIncomeTaxRateReconciliationIncomePassedThrough	-0.099
CY2016	ares	Effective Income Tax Rate Reconciliation Permanent Items Including Stock Compensation EffectiveIncomeTaxRateReconciliationPermanentItemsIncludingStockCompensation	-0.022
CY2017	ares	Effective Income Tax Rate Reconciliation Permanent Items Including Stock Compensation EffectiveIncomeTaxRateReconciliationPermanentItemsIncludingStockCompensation	0.003
CY2018	ares	Effective Income Tax Rate Reconciliation Permanent Items Including Stock Compensation EffectiveIncomeTaxRateReconciliationPermanentItemsIncludingStockCompensation	-0.008
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CY2017	ares	Equity Method Investment Summarized Financial Information Expenses EquityMethodInvestmentSummarizedFinancialInformationExpenses	-328285000	USD
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CY2018	ares	Equity Method Investment Summarized Financial Information Gainfrom Investments Net EquityMethodInvestmentSummarizedFinancialInformationGainfromInvestmentsNet	-542303000	USD
CY2016	ares	Equity Method Investment Summarized Financial Information Income Tax Expense Benefit EquityMethodInvestmentSummarizedFinancialInformationIncomeTaxExpenseBenefit	33312000	USD
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CY2018	ares	Finite Lived Intangible Assets Fully Amortized And Written Off FiniteLivedIntangibleAssetsFullyAmortizedAndWrittenOff	25000000	USD
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CY2017	ares	Number Of Certain Funds Deconsolidated Due To No Longer Holding Majority Voting Interest NumberOfCertainFundsDeconsolidatedDueToNoLongerHoldingMajorityVotingInterest	1	fund
CY2018	ares	Number Of Certain Funds Deconsolidated Due To No Longer Holding Majority Voting Interest NumberOfCertainFundsDeconsolidatedDueToNoLongerHoldingMajorityVotingInterest	1	fund
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CY2017	ares	Reallocation Of Partners Capital For Change In Ownership Interests ReallocationOfPartnersCapitalForChangeInOwnershipInterests	-15656000	USD
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CY2018Q1	ares	Tax Cuts And Jobs Act Of2017 Reclassification From Aoci To Retained Earnings Tax Effect TaxCutsAndJobsActOf2017ReclassificationFromAOCIToRetainedEarningsTaxEffect	1200000	USD
CY2017Q4	ares	Unfunded Capital Commitments UnfundedCapitalCommitments	285700000	USD
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CY2018	dei	Amendment Flag AmendmentFlag	false
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CY2018	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
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CY2018	dei	Document Period End Date DocumentPeriodEndDate	2018-12-31
CY2018	dei	Document Type DocumentType	10-K
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CY2018	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2018Q2	dei	Entity Public Float EntityPublicFloat	1324051923	USD
CY2018	dei	Entity Registrant Name EntityRegistrantName	ARES MANAGEMENT CORPORATION
CY2018	dei	Entity Shell Company EntityShellCompany	false
CY2018	dei	Entity Small Business EntitySmallBusiness	false
CY2018	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2018	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
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CY2017	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	69711000	USD
CY2018	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	89724000	USD
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CY2018Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
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CY2018Q4	us-gaap	Limited Partners Capital Account Units Issued LimitedPartnersCapitalAccountUnitsIssued	82280033	shares
CY2018Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	4602000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	2859000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	3192000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	3987000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	4071000	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	109106000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	84477000	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	40465000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	31578000	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
CY2018	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	-100000	USD
CY2016Q4	us-gaap	Goodwill Goodwill	143724000	USD
CY2017Q4	us-gaap	Goodwill Goodwill	143895000	USD
CY2018Q4	us-gaap	Goodwill Goodwill	143786000	USD
CY2017	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	171000	USD
CY2018	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-109000	USD
CY2016	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2017	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2018	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	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
CY2017	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	149859000	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	62046000	USD
CY2018Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	51072000	USD
CY2018Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	52343000	USD
CY2018Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	18880000	USD
CY2018	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	184341000	USD
CY2016	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	51000000	USD
CY2017	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	78300000	USD
CY2018	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-3800000	USD
CY2016	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	11019000	USD
CY2017	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-23052000	USD
CY2018	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	32202000	USD
CY2017Q4	us-gaap	Investment Owned Balance Shares InvestmentOwnedBalanceShares	212356696	shares
CY2018Q4	us-gaap	Investment Owned Balance Shares InvestmentOwnedBalanceShares	218613369	shares
CY2017Q4	us-gaap	Investments Investments	1724571000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	7103230000	USD
CY2018Q4	us-gaap	Liabilities Liabilities	8760351000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	8563522000	USD
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	10154692000	USD
CY2018Q4	us-gaap	Limited Partners Capital Account Units Outstanding LimitedPartnersCapitalAccountUnitsOutstanding	82280033	shares
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
CY2018	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	494056000	USD
CY2017Q4	us-gaap	Minority Interest Ownership Percentage By Noncontrolling Owners MinorityInterestOwnershipPercentageByNoncontrollingOwners	1
CY2018Q4	us-gaap	Minority Interest Ownership Percentage By Noncontrolling Owners MinorityInterestOwnershipPercentageByNoncontrollingOwners	1
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
CY2018	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1405339000	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
CY2018	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-18419000	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
CY2018	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1417102000	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
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	40948000	USD
CY2018Q2	us-gaap	Net Income Loss NetIncomeLoss	-11775000	USD
CY2018Q3	us-gaap	Net Income Loss NetIncomeLoss	15910000	USD
CY2018Q4	us-gaap	Net Income Loss NetIncomeLoss	11937000	USD
CY2018	us-gaap	Net Income Loss NetIncomeLoss	57020000	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
CY2018	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	28372000	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
CY2018	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	28372000	USD
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
CY2018Q1	us-gaap	Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted	0.28
CY2018Q2	us-gaap	Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted	-0.20
CY2018Q3	us-gaap	Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted	0.09
CY2018Q4	us-gaap	Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted	0.05
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
CY2018Q1	us-gaap	Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax	0.39
CY2018Q2	us-gaap	Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax	-0.20
CY2018Q3	us-gaap	Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax	0.09
CY2018Q4	us-gaap	Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax	0.05
CY2018	us-gaap	Noncontrolling Interest Increase From Business Combination NoncontrollingInterestIncreaseFromBusinessCombination	42942000	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
CY2018	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	180420000	USD
CY2016	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	59967000	USD
CY2017Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	56635000	USD
CY2017Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-8920000	USD
CY2017Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	54149000	USD
CY2017Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	72810000	USD
CY2017	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	174674000	USD
CY2018Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	2240000	USD
CY2018Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	67926000	USD
CY2018Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	38754000	USD
CY2018Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-12678000	USD
CY2018	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	96242000	USD
CY2018	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	segment
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
CY2018Q1	us-gaap	Operating Expenses OperatingExpenses	206283000	USD
CY2018Q2	us-gaap	Operating Expenses OperatingExpenses	221017000	USD
CY2018Q3	us-gaap	Operating Expenses OperatingExpenses	227188000	USD
CY2018Q4	us-gaap	Operating Expenses OperatingExpenses	215874000	USD
CY2018	us-gaap	Operating Expenses OperatingExpenses	870362000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	167536000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	32039000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	20290000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	22502000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	20765000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	26799000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	45141000	USD
CY2018Q4	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	39800000	USD
CY2017Q4	us-gaap	Other Assets OtherAssets	130341000	USD
CY2016	us-gaap	Partners Capital Account Redemptions PartnersCapitalAccountRedemptions	-3337000	USD
CY2018	us-gaap	Partners Capital Account Redemptions PartnersCapitalAccountRedemptions	0	USD
CY2016	us-gaap	Partners Capital Account Sale Of Units PartnersCapitalAccountSaleOfUnits	298761000	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
CY2018	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	18419000	USD
CY2018	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.07
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
CY2018Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	5425000	USD
CY2018Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	5425000	USD
CY2018Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	5425000	USD
CY2018Q4	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	5425000	USD
CY2018	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	21700000	USD
CY2018Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2018Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2018Q4	us-gaap	Preferred Stock Redemption Price Per Share PreferredStockRedemptionPricePerShare	25.00
CY2018Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000000	shares
CY2018Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	12400000	shares
CY2018Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	12400000	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q4	us-gaap	Preferred Stock Value PreferredStockValue	298761000	USD
CY2017Q4	us-gaap	Preferred Units Issued PreferredUnitsIssued	12400000	shares
CY2017Q4	us-gaap	Preferred Units Outstanding PreferredUnitsOutstanding	12400000	shares
CY2017Q4	us-gaap	Preferred Units Preferred Partners Capital Accounts PreferredUnitsPreferredPartnersCapitalAccounts	298761000	USD
CY2018Q4	us-gaap	Preferred Units Preferred Partners Capital Accounts PreferredUnitsPreferredPartnersCapitalAccounts	0	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
CY2018Q1	us-gaap	Profit Loss ProfitLoss	74421000	USD
CY2018Q2	us-gaap	Profit Loss ProfitLoss	14169000	USD
CY2018Q3	us-gaap	Profit Loss ProfitLoss	47212000	USD
CY2018Q4	us-gaap	Profit Loss ProfitLoss	16337000	USD
CY2018	us-gaap	Profit Loss ProfitLoss	152139000	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	0	USD
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-29336000	USD
CY2017Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	244244000	USD
CY2017Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	572197000	USD
CY2017Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	288402000	USD
CY2017Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	375100000	USD
CY2018Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	266089000	USD
CY2018Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	204163000	USD
CY2018Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	240777000	USD
CY2018Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	247432000	USD
CY2016	us-gaap	Revenues Revenues	964800000	USD
CY2017	us-gaap	Revenues Revenues	1085043000	USD
CY2018	us-gaap	Revenues Revenues	1218239000	USD
CY2018Q4	us-gaap	Secured Debt Repurchase Agreements SecuredDebtRepurchaseAgreements	206000000	USD
CY2018	us-gaap	Stock Issued During Period Shares Conversion Of Units StockIssuedDuringPeriodSharesConversionOfUnits	101531175	shares
CY2018	us-gaap	Stock Issued During Period Shares Restricted Stock Award Gross StockIssuedDuringPeriodSharesRestrictedStockAwardGross	35801	shares
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	573618000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	587924000	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
CY2018Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1394341000	USD
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest Adjusted Balance1 StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1	1437681000	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
CY2018Q1	us-gaap	Undistributed Earnings UndistributedEarnings	35523000	USD
CY2018Q2	us-gaap	Undistributed Earnings UndistributedEarnings	-17200000	USD
CY2018Q3	us-gaap	Undistributed Earnings UndistributedEarnings	10485000	USD
CY2018Q4	us-gaap	Undistributed Earnings UndistributedEarnings	6512000	USD
CY2018	us-gaap	Undistributed Earnings UndistributedEarnings	35320000	USD
CY2017	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	1900000	USD
CY2018	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	800000	USD
CY2016	us-gaap	Weighted Average Limited Partnership Units Outstanding WeightedAverageLimitedPartnershipUnitsOutstanding	80749671	shares
CY2017	us-gaap	Weighted Average Limited Partnership Units Outstanding WeightedAverageLimitedPartnershipUnitsOutstanding	81838007	shares
CY2018	us-gaap	Weighted Average Limited Partnership Units Outstanding WeightedAverageLimitedPartnershipUnitsOutstanding	96023147	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
CY2018	us-gaap	Weighted Average Limited Partnership Units Outstanding Diluted WeightedAverageLimitedPartnershipUnitsOutstandingDiluted	96023147	shares
CY2018	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>
CY2018	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 other income (expense) 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 net income. 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
0001628280-19-001988-index-headers.html	Edgar Link	pending
0001628280-19-001988-index.html	Edgar Link	pending
0001628280-19-001988.txt	Edgar Link	pending
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2018 Form 10-K Financial Statement

#000162828019001988 Filed on February 26, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ARES Ares Management Corp Stock $ares

2018 Form 10-K Financial Statement

#000162828019001988 Filed on February 26, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ARES
Ares Management Corp Stock $ares