EQUITY AND REDEEMABLE INTEREST (Tables)

9 Months Ended

Sep. 30, 2021

Stockholders' Equity Note [Abstract]

Schedule of Stock by Class

The following table presents the changes in each class of common stock:

	Class A Common Stock	Non-Voting Common Stock	Class B Common Stock	Class C Common Stock	Total
Balance - January 1, 2021	147,182,562	—	1,000	112,447,618	259,631,180
Issuance of stock(1)	12,159,200	3,489,911	—	8,744,296	24,393,407
Exchanges of AOG Units	2,330,367	—	—	(2,330,367)	—
Redemptions of AOG Units	—	—	—	(58,290)	(58,290)
Stock option exercises, net of shares withheld for tax	1,460,388	—	—	—	1,460,388
Vesting of restricted stock awards, net of shares withheld for tax	4,448,648	—	—	—	4,448,648
Balance - September 30, 2021	167,581,165	3,489,911	1,000	118,803,257	289,875,333

(1) Issuances of Class C Common stock corresponds with increases in Ares Owners Holdings L.P.’s ownership interest in the AOG entities.

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 September 30, 2021			As of December 31, 2020				Three months ended September 30,				Nine months ended September 30,
	AOG Units	Direct Ownership Interest		AOG Units	Direct Ownership Interest			2021		2020		2021		2020
Ares Management Corporation	171,071,076	59.02	%	147,182,562	56.69	%		58.50	%	55.57	%	58.26	%	53.33	%
Ares Owners Holdings, L.P.	118,803,257	40.98		112,447,618	43.31			41.50		44.43		41.74		46.67
Total	289,874,333	100.00	%	259,630,180	100.00	%

Schedule of Redeemable Interests

Redeemable Interest

The following table summarizes the activities associated with the redeemable interest in Ares Operating Group entities:

	Total
Balance - January 1, 2021	$	100,366
Net income	32
Currency translation adjustment, net of tax	(590)
Balance- March 31, 2021	$	99,808
Net income	$	337
Currency translation adjustment, net of tax	186
Distribution	(300)
Balance- June 30, 2021	$	100,031
Net income	$	324
Currency translation adjustment, net of tax	(356)
Distribution	(1,350)
Balance- September 30, 2021	$	98,649

The following table summarizes the activities associated with the redeemable interest in Consolidated Funds:

	Total
Balance - January 1, 2021	$	—
Redemption value	930,924
Balance- March 31, 2021	$	930,924
Change in redemption value	(14,100)
Balance- June 30, 2021	$	916,824
Change in redemption value	83,176
Balance- September 30, 2021	$	1,000,000