XML 161 R40.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
EQUITY (Tables)
12 Months Ended
Dec. 31, 2019
Stockholders' Equity Note [Abstract]  
Schedule of Stock by Class
The following table presents the changes in each class of common stock for the year ended December 31, 2019:
Class A Common StockClass B Common StockClass C Common StockTotal
Balance - January 1, 2019101,594,095  1,000   101,595,096  
Issuance of stock7,000,000  —  —  7,000,000  
Exchanges of AOG Units163,509  —  —  163,509  
Stock option exercises4,785,131  —  —  4,785,131  
Repurchases of stock(400,000) —  —  (400,000) 
Vesting of restricted stock awards, net of shares withheld for tax2,099,293  —  —  2,099,293  
Balance Outstanding - December 31, 2019115,242,028  1,000   115,243,029  
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 December 31, 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 years ended December 31, 2019, 2018 and 2017.

Daily Average Ownership
As of December 31, 2019As of December 31, 2018For the Year Ended December 31,
AOG UnitsDirect Ownership InterestAOG UnitsDirect Ownership Interest201920182017
Ares Management Corporation115,242,028  49.70 %101,594,095  46.47 %48.02 %44.19 %38.59 %
Ares Owners Holding L.P.116,641,833  50.30 %117,019,274  53.53 %51.98 %53.99 %55.52 %
Affiliate of Alleghany Corporation—  — %—  — %— %1.82 %5.89 %
Total231,883,861  100.00 %218,613,369  100.00 %