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EARNINGS PER SHARE (Tables)
9 Months Ended
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,
2023202220232022
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 stock186,218,638 175,631,144 182,757,955 175,010,241 
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 stock186,218,638 175,631,144 182,757,955 175,010,241 
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