XML 68 R34.htm IDEA: XBRL DOCUMENT v3.10.0.1
EARNINGS PER COMMON SHARE (Tables)
 9 Months Ended
Sep. 30, 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 and nine months ended September 30, 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 
 September 30,
 
For the Nine Months Ended 
 September 30,
 
2018
 
2017
 
2018
 
2017
Options
19,102,583

 
21,022,924

 
19,345,651

 
21,170,880

Restricted units
15,635,997

 
13,742,856

 
15,874,847

 
14,223,345

AOG Units
119,822,657

 
130,192,448

 
122,732,149

 
130,280,878
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 
 September 30,
 
For the Nine Months Ended 
 September 30,
 
2018
 
2017
 
2018
 
2017
Net income attributable to Ares Management, L.P. common shareholders
$
10,485

 
$
22,413

 
$
28,808

 
$
20,307

Earnings distributed to participating securities (restricted units)
(1,567
)
 
(1,003
)
 
(5,667
)
 
(2,248
)
Net income available to common shareholders
$
8,918

 
$
21,410

 
$
23,141

 
$
18,059

Basic weighted-average common shares
98,706,419

 
82,166,852

 
94,168,582

 
81,704,815

Basic earnings per common share
$
0.09

 
$
0.26

 
$
0.25

 
$
0.22

Diluted weighted-average common shares
98,706,419

 
82,166,852

 
94,168,582

 
81,704,815

Diluted earnings per common share
$
0.09

 
$
0.26

 
$
0.25

 
$
0.22