EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Schedule of antidilutive securities excluded from earnings per common unit

the three and six months ended June 30, 2020 and 2019, the computation of dilutive earnings per share excludes the following options, restricted units and AOG Units, as their effect would have been anti-dilutive:

	Three months ended June 30,		Six months ended June 30,
	2020	2019	2020	2019
Restricted units	616	—	—	59
AOG Units	115,103,668	116,831,583	—	116,913,353

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:

	Three months ended June 30,				Six months ended June 30,
	2020		2019		2020		2019
Basic earnings per share of Class A common stock:
Net income attributable to Ares Management Corporation Class A common stockholders	$	50,946	$	26,714	$	14,485	$	66,238
Distributions on unvested restricted units	(2,667)		(1,886)		(4,955)		(3,693)
Net income available to Class A common stockholders	$	48,279	$	24,828	$	9,530	$	62,545
Basic weighted-average shares of Class A common stock	133,639,194		105,188,966		126,002,867		104,054,035
Basic earnings per share of Class A common stock	$	0.36	$	0.24	$	0.08	$	0.60
Diluted earnings per share of Class A common stock:
Net income available to Class A common stockholders	$	50,946	$	26,714	$	14,485	$	66,238
Distributions on unvested restricted units	—		—		(4,955)		—
Net income attributable to Ares Management Corporation Class A common stockholders	$	50,946	$	26,714	$	9,530	$	66,238
Effect of dilutive shares:
Restricted units	8,135,584		7,212,754		—		6,349,061
Options	5,129,579		4,202,167		—		3,254,768
Diluted weighted-average shares of Class A common stock	146,904,357		116,603,887		126,002,867		113,657,864
Diluted earnings per share of Class A common stock	$	0.35	$	0.23	$	0.08	$	0.58
Dividend declared and paid per Class A common stock	$	0.40	$	0.32	$	0.80	$	0.64