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EARNINGS PER SHARE (Tables) | 9 Months Ended
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Sep. 30, 2023
Earnings Per Share [Abstract] |
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 September 30, |  | Nine months ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022 |  |
Basic earnings per share of Class A and non-voting common stock: |  |  |  |  |  |  |  |  |
Net income (loss) attributable to Ares Management Corporation Class A and non-voting common stockholders | $ | 61,823 |  |  | $ | (35,546) |  |  | $ | 300,376 |  |  | $ | 50,048 |  |  |
Distributions on unvested restricted units | (5,337) |  |  | (3,555) |  |  | (15,969) |  |  | (10,601) |  |  |
Net income (loss) available to Class A and non-voting common stockholders | $ | 56,486 |  |  | $ | (39,101) |  |  | $ | 284,407 |  |  | $ | 39,447 |  |  |
Basic weighted-average shares of Class A and non-voting common stock | 186,218,638 |  |  | 175,631,144 |  |  | 182,757,955 |  |  | 175,010,241 |  |  |
Basic earnings (loss) per share of Class A and non-voting common stock | $ | 0.30 |  |  | $ | (0.22) |  |  | $ | 1.54 |  |  | $ | 0.23 |  |  |
Diluted earnings per share of Class A and non-voting common stock: |  |  |  |  |  |  |  |  |
Net income (loss) attributable to Ares Management Corporation Class A and non-voting common stockholders | $ | 61,823 |  |  | $ | (35,546) |  |  | $ | 300,376 |  |  | $ | 50,048 |  |  |
Distributions on unvested restricted units | (5,337) |  |  | (3,555) |  |  | (15,969) |  |  | (10,601) |  |  |
Net income (loss) available to Class A and non-voting common stockholders | $ | 56,486 |  |  | $ | (39,101) |  |  | $ | 284,407 |  |  | $ | 39,447 |  |  |
Effect of dilutive shares: |  |  |  |  |  |  |  |  |
Restricted units | — |  |  | — |  |  | — |  |  | — |  |  |
Options | — |  |  | — |  |  | — |  |  | — |  |  |
Diluted weighted-average shares of Class A and non-voting common stock | 186,218,638 |  |  | 175,631,144 |  |  | 182,757,955 |  |  | 175,010,241 |  |  |
Diluted earnings (loss) per share of Class A and non-voting common stock | $ | 0.30 |  |  | $ | (0.22) |  |  | $ | 1.54 |  |  | $ | 0.23 |  |  |
Dividend declared and paid per Class A and non-voting common stock | $ | 0.77 |  |  | $ | 0.61 |  |  | $ | 2.31 |  |  | $ | 1.83 |  |  |

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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 + Details
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