EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Schedule of antidilutive securities excluded from earnings per common unit

The computation of diluted earnings per share for the three and nine months ended September 30, 2019 and 2018 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,
	2019	2018	2019	2018
Options	9,132,017	19,102,583	10,085,774	19,345,651
Restricted units	7,922,322	15,635,997	9,504,741	15,874,847
AOG Units	116,707,849	119,822,657	116,844,099	122,732,149

Schedule of the computation of basic and diluted earnings per common unit

The following table presents the computation of basic and diluted earnings per share:

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2019			2018			2019			2018
Net income attributable to Ares Management Corporation Class A common stockholders	$	27,906		$	10,485		$	94,144		$	28,808
Distributions on participating unvested restricted units	(1,927		)	(1,567		)	(5,630		)	(5,667		)
Net income available to Class A common stockholders	$	25,979		$	8,918		$	88,514		$	23,141
Basic weighted-average shares of Class A common stock	108,481,929			98,706,419			105,546,219			94,168,582
Basic earnings per share of Class A common stock	$	0.24		$	0.09		$	0.84		$	0.25
Net income attributable to Ares Management Corporation Class A common stockholders	$	27,906		$	10,485		$	94,144		$	28,808
Distributions on unvested restricted units	—			(1,567		)	—			(5,667		)
Net income available to Class A common stockholders	$	27,906		$	8,918		$	94,144		$	23,141
Effect of dilutive shares:
Restricted units	8,722,690			—			7,140,271			—
Options	4,685,403			—			3,731,646			—
Diluted weighted-average shares of Class A common stock	121,890,022			98,706,419			116,418,136			94,168,582
Diluted earnings per share of Class A common stock	$	0.23		$	0.09		$	0.81		$	0.25
Dividends declared and paid per Class A common stock	$	0.32		$	0.28		$	0.96		$	1.05