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EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Antidilutive Securities Excluded from Earnings per Common Unit

The computation of diluted earnings per share excludes the following restricted units and restricted units and AOG Units as their effect would have been anti-dilutive:

			Three months ended June 30,												Six months ended June 30,
			2023						2022						2023						2022
Restricted units			—						—						4,131						—
AOG Units			120,137,310						—						119,391,357						—

Schedule of the Computation of Basic and Diluted Earnings per Common Unit

The following table presents the computation of basic and diluted earnings per common share:

			Three months ended June 30,												Six months ended June 30,
			2023						2022						2023						2022
Basic earnings per share of Class A and non-voting common stock:
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders			$	144,514					$	39,731					$	238,553					$	85,594
Distributions on unvested restricted units			(5,316)						(3,461)						(10,630)						(7,046)
Net income available to Class A and non-voting common stockholders			$	139,198					$	36,270					$	227,923					$	78,548
Basic weighted-average shares of Class A and non-voting common stock			182,999,515						175,157,558						180,998,934						174,694,645
Basic earnings per share of Class A and non-voting common stock			$	0.75					$	0.21					$	1.25					$	0.45
Diluted earnings per share of Class A and non-voting common stock:
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders			$	144,514					$	39,731					$	238,553					$	85,594
Distributions on unvested restricted units			—						(3,461)						—						(7,046)
Net income available to Class A and non-voting common stockholders			$	144,514					$	36,270					$	238,553					$	78,548
Effect of dilutive shares:
Restricted units			8,489,883						—						7,991,062						—
Options			2,568,643						—						3,171,820						—
Diluted weighted-average shares of Class A and non-voting common stock			194,058,041						175,157,558						192,161,816						174,694,645
Diluted earnings per share of Class A and non-voting common stock			$	0.74					$	0.21					$	1.24					$	0.45
Dividend declared and paid per Class A and non-voting common stock			$	0.77					$	0.61					$	1.54					$	1.22

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- References

No definition available.

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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