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EARNINGS PER SHARE
 3 Months Ended
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,
20252024
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)$(115,174)
Basic weighted-average shares of Class A and non-voting common stock209,350,849 192,622,609 
Dividends in excess of earnings per share of Class A and non-voting common stock$(1.12)$(0.60)
Dividend declared and paid per Class A and non-voting common stock1.12 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 stock209,350,849 192,622,609 
Diluted earnings per share of Class A and non-voting common stock$0.00 $0.33