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EARNINGS PER SHARE - Schedule of Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023
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 | $ 94,938 | $ 144,514 | $ 167,965 | $ 238,553
Distributions on unvested restricted units | (7,594) | (5,316) | (14,864) | (10,630)
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 | 94,938 | 144,514 | 167,965 | 238,553
Distributions on unvested restricted units | (7,594) | 0 | (14,864) | 0
Net income available to Class A and non-voting common stockholders | $ 87,344 | $ 144,514 | $ 153,101 | $ 238,553
Diluted weighted-average shares of Class A and non-voting common stock (in shares) |  |  |  | 192,161,816
Restricted units |  |  |  |
Diluted earnings per share of Class A and non-voting common stock: |  |  |  |
Effect of dilutive shares (in shares) | 0 | 8,489,883 | 0 | 7,991,062
Options |  |  |  |
Diluted earnings per share of Class A and non-voting common stock: |  |  |  |
Effect of dilutive shares (in shares) | 0 | 2,568,643 | 0 | 3,171,820
Class A Common Stock and Non-Voting Common Stock |  |  |  |
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 | $ 94,938 | $ 144,514 | $ 167,965 | $ 238,553
Dividends declared and paid on Class A and non-voting common stock | (185,241) | (142,220) | (366,170) | (280,640)
Dividends in excess of earnings available to Class A and non-voting common stockholders | $ (97,897) | $ (3,022) | $ (213,069) | $ (52,717)
Basic weighted-average shares of Class A and non-voting common stock (in shares) | 196,186,922 | 182,999,515 | 194,404,932 | 180,998,934
Dividends in excess of earnings per share of Class A and non-voting common stock (in dollars per share) | $ (0.50) | $ (0.02) | $ (1.10) | $ (0.29)
Dividend declared and paid per Class A and non-voting common stock (in dollars per share) | 0.93 | 0.77 | 1.86 | 1.54
Basic earnings per share of Class A and non-voting common stock (in dollars per share) | $ 0.43 | $ 0.75 | $ 0.76 | $ 1.25
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 | $ 94,938 | $ 144,514 | $ 167,965 | $ 238,553
Diluted weighted-average shares of Class A and non-voting common stock (in shares) | 196,186,922 | 194,058,041 | 194,404,932 | 192,161,816
Diluted earnings per share of Class A and non-voting common stock (in dollars per share) | $ 0.43 | $ 0.74 | $ 0.76 | $ 1.24

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