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EARNINGS PER COMMON SHARE (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Schedule of antidilutive securities excluded from earnings per common unit
The computation of diluted earnings per common share for the three months ended March 31, 2018 and 2017 excludes the following options, restricted units and AOG Units, as their effect would have been anti-dilutive:
 
For the Three Months Ended 
 March 31,
 
2018
 
2017
Options
17,411,780

 
21,334,689

Restricted units
16,352,546

 
15,070,871

AOG Units

 
130,403,174

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:
 
For the Three Months Ended 
 March 31,
 
2018
 
2017
Net income (loss) attributable to Ares Management, L.P. common shareholders
$
35,523

 
$
(46,559
)
Earnings distributed to participating securities (restricted units)
(1,899
)
 
(825
)
Net income (loss) available to common shareholders
$
33,624

 
$
(47,384
)
Basic weighted-average common shares
85,617,932

 
81,106,734

Basic earnings (loss) per common share
$
0.39

 
$
(0.58
)
Net income (loss) attributable to Ares Management, L.P. common shareholders
$
35,523

 
$
(46,559
)
Earnings distributed to participating securities (restricted units)
(1,899
)
 
(825
)
Incremental net income from assumed exchange of AOG Units
26,606

 

Net income (loss) available to common shareholders
$
60,230

 
$
(47,384
)
Effect of dilutive shares:
 
 
 
AOG Units
128,234,996

 

Diluted weighted-average common shares
213,852,928

 
81,106,734

Diluted earnings (loss) per common share
$
0.28

 
$
(0.58
)