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EARNINGS PER SHARE | 3 Months Ended
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Mar. 31, 2025
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | 11. EARNINGS PER SHARE The Company has Class A and non-voting common stock outstanding. The non-voting common stock has the same economic rights as the Class A common stock; therefore, earnings per share is presented on a combined basis. Income of the Company has been allocated on a proportionate basis to the two common stock classes. Basic earnings per share of Class A and non-voting common stock is computed by using the two-class method. Diluted earnings per share of Class A and non-voting common stock is computed using the more dilutive method of either the two-class method or the treasury stock and if-converted methods. For the three months ended March 31, 2025 and 2024, the two-class method was the more dilutive method. The following table presents the computation of basic and diluted earnings per common share:
| Three months ended March 31, |  |
| 2025 |  | 2024 |  |  |  |  |  |
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 | $ | 21,857 |  |  | $ | 73,027 |  |  |  |  |  |  |
Dividends declared and paid on Class A and non-voting common stock | (244,588) |  |  | (180,929) |  |  |  |  |  |  |
Distributions on unvested restricted units | (10,794) |  |  | (7,272) |  |  |  |  |  |  |
Dividends in excess of earnings available to Class A and non-voting common stockholders | $ | (233,525) |  |  | $ | (115,174) |  |  |  |  |  |  |
Basic weighted-average shares of Class A and non-voting common stock | 209,350,849 |  |  | 192,622,609 |  |  |  |  |  |  |
Dividends in excess of earnings per share of Class A and non-voting common stock | $ | (1.12) |  |  | $ | (0.60) |  |  |  |  |  |  |
Dividend declared and paid per Class A and non-voting common stock | 1.12 |  |  | 0.93 |  |  |  |  |  |  |
Basic earnings per share of Class A and non-voting common stock | $ | 0.00 |  |  | $ | 0.33 |  |  |  |  |  |  |
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 | $ | 21,857 |  |  | $ | 73,027 |  |  |  |  |  |  |
Distributions on unvested restricted units | (10,794) |  |  | (7,272) |  |  |  |  |  |  |
Net income available to Class A and non-voting common stockholders | $ | 11,063 |  |  | $ | 65,755 |  |  |  |  |  |  |
Diluted weighted-average shares of Class A and non-voting common stock | 209,350,849 |  |  | 192,622,609 |  |  |  |  |  |  |
Diluted earnings per share of Class A and non-voting common stock | $ | 0.00 |  |  | $ | 0.33 |  |  |  |  |  |  |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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