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EQUITY (Tables)
3 Months Ended
Mar. 31, 2020
Stockholders' Equity Note [Abstract]  
Schedule of Stock by Class
The following table presents the changes in each class of common stock:
Class A Common StockClass B Common StockClass C Common StockTotal
Balance - January 1, 2020115,242,028  1,000   115,243,029  
Issuance of stock12,130,540  —  115,199,620  127,330,160  
Exchanges of AOG Units1,376,422  —  —  1,376,422  
Stock option exercises, net of shares withheld for tax1,058,722  —  —  1,058,722  
Vesting of restricted stock awards, net of shares withheld for tax2,566,031  —  —  2,566,031  
Balance Outstanding - March 31, 2020132,373,743  1,000  115,199,621  247,574,364  
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 well as its daily average ownership of AOG Units in each of the Ares Operating Group entities:
Daily Average Ownership
As of March 31, 2020As of December 31, 2019Three months ended March 31,
AOG UnitsDirect Ownership InterestAOG UnitsDirect Ownership Interest20202019
Ares Management Corporation132,373,743  53.47 %115,242,028  49.70 %50.43 %46.80 %
Ares Owners Holding L.P.115,199,621  46.53 %116,641,833  50.30 %49.57 %53.20 %
Total247,573,364  100.00 %231,883,861  100.00 %