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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Antidilutive Securities Excluded from Earnings per Common Unit
The computation of diluted earnings per share excludes the following AOG Units as their effect would have been anti-dilutive:

Three months ended March 31,
20222021
AOG Units— 112,353,043 
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 March 31,
20222021
Basic earnings per share of Class A and non-voting common stock:
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders$45,863 $52,953 
Distributions on unvested restricted units(3,585)(3,255)
Net income available to Class A and non-voting common stockholders$42,278 $49,698 
Basic weighted-average shares of Class A and non-voting common stock174,215,251 149,271,822 
Basic earnings per share of Class A and non-voting common stock$0.24 $0.33 
Diluted earnings per share of Class A and non-voting common stock:
Net income available to Class A and non-voting common stockholders$45,863 $52,953 
Distributions on unvested restricted units(3,585)— 
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders$42,278 $52,953 
Effect of dilutive shares:
Restricted units— 9,218,424 
Options— 5,174,138 
Diluted weighted-average shares of Class A and non-voting common stock174,215,251 163,664,384 
Diluted earnings per share of Class A and non-voting common stock$0.24 $0.32 
Dividend declared and paid per Class A and non-voting common stock$0.61 $0.47