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EQUITY (Tables)
9 Months Ended
Sep. 30, 2019
Stockholders' Equity Note [Abstract]  
Schedule of Stock by Class
The following table presents the changes in each class of common stock for the nine months ended September 30, 2019:
 
Class A Common Stock
 
Class B Common Stock
 
Class C Common Stock
 
Total
Balance - January 1, 2019
101,594,095

 
1,000

 
1

 
101,595,096

Issuance of stock
7,000,000

 

 

 
7,000,000

Exchanges of AOG Units
97,493

 

 

 
97,493

Stock option exercises
4,422,644

 

 

 
4,422,644

Repurchases of stock
(400,000
)
 

 

 
(400,000
)
Vesting of restricted stock awards
2,005,536

 

 

 
2,005,536

Balance Outstanding - September 30, 2019
114,719,768

 
1,000

 
1

 
114,720,769


Schedule of Ownership Interests
The following table presents each partner's AOG Units and corresponding ownership interest in each of the Ares Operating Group entities as of September 30, 2019 and December 31, 2018, as well as its daily average ownership of AOG Units in each of the Ares Operating Group entities for the three and nine months ended September 30, 2019 and 2018.

 
 
 
 
 
 
 
 
 
 
Daily Average Ownership
 
 
As of September 30, 2019
 
As of December 31, 2018
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
 
 
AOG Units
 
Direct Ownership Interest
 
AOG Units
 
Direct Ownership Interest
 
2019
 
2018
 
2019
 
2018
Ares Management Corporation
 
114,719,768

 
49.57
%
 
101,594,095

 
46.47
%
 
48.17
%
 
45.17
%
 
47.46
%
 
43.42
%
Ares Owners Holding L.P.
 
116,707,849

 
50.43
%
 
117,019,274

 
53.53
%
 
51.83
%
 
53.67
%
 
52.54
%
 
54.14
%
Affiliate of Alleghany Corporation
 

 
%
 

 
%
 
%
 
1.16
%
 
%
 
2.44
%
Total
 
231,427,617

 
100.00
%
 
218,613,369

 
100.00
%