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EARNINGS PER SHARE (Tables) | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Schedule of the Computation of Basic and Diluted Earnings per Common Share | The following table presents the computation of basic and diluted earnings per common share:
| Three months ended September 30, |  | Nine months ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 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 | $ | 118,460 |  |  | $ | 61,823 |  |  | $ | 286,425 |  |  | $ | 300,376 |  |  |
Dividends declared and paid on Class A and non-voting common stock | (187,696) |  |  | (144,623) |  |  | (553,867) |  |  | (425,263) |  |  |
Distributions on unvested restricted units | (7,829) |  |  | (5,337) |  |  | (22,692) |  |  | (15,969) |  |  |
Dividends in excess of earnings available to Class A and non-voting common stockholders | $ | (77,065) |  |  | $ | (88,137) |  |  | $ | (290,134) |  |  | $ | (140,856) |  |  |
Basic weighted-average shares of Class A and non-voting common stock | 200,724,068 |  |  | 186,218,638 |  |  | 196,526,832 |  |  | 182,757,955 |  |  |
Dividends in excess of earnings per share of Class A and non-voting common stock | $ | (0.38) |  |  | $ | (0.47) |  |  | $ | (1.48) |  |  | $ | (0.77) |  |  |
Dividend declared and paid per Class A and non-voting common stock | 0.93 |  |  | 0.77 |  |  | 2.79 |  |  | 2.31 |  |  |
Basic earnings per share of Class A and non-voting common stock | $ | 0.55 |  |  | $ | 0.30 |  |  | $ | 1.31 |  |  | $ | 1.54 |  |  |
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 | $ | 118,460 |  |  | $ | 61,823 |  |  | $ | 286,425 |  |  | $ | 300,376 |  |  |
Distributions on unvested restricted units | (7,829) |  |  | (5,337) |  |  | (22,692) |  |  | (15,969) |  |  |
Net income available to Class A and non-voting common stockholders | $ | 110,631 |  |  | $ | 56,486 |  |  | $ | 263,733 |  |  | $ | 284,407 |  |  |
Diluted weighted-average shares of Class A and non-voting common stock | 200,724,068 |  |  | 186,218,638 |  |  | 196,526,832 |  |  | 182,757,955 |  |  |
Diluted earnings per share of Class A and non-voting common stock | $ | 0.55 |  |  | $ | 0.30 |  |  | $ | 1.31 |  |  | $ | 1.54 |  |  |

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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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