XML 111 R67.htm IDEA: XBRL DOCUMENT v3.22.2.2
EARNINGS PER SHARE - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 16, 2022
Jun. 16, 2022
Mar. 17, 2022
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Basic earnings per share of Class A and non-voting common stock:              
Net income (loss) attributable to Ares Management Corporation Class A and non-voting common stockholders       $ (35,546) $ 84,726 $ 50,048 $ 262,659
Distributions on unvested restricted units       (3,555) (1,440) (10,601) (8,142)
Undistributed earnings allocable to participating unvested restricted units       0 (306) 0 (2,858)
Net income (loss) available to Class A and non-voting common stockholders       (39,101) 82,980 39,447 251,659
Diluted earnings per share of Class A and non-voting common stock:              
Net income (loss) available to Class A and non-voting common stockholders       (35,546) 84,726 50,048 262,659
Distributions on unvested restricted units       (3,555) 0 (10,601) 0
Net income (loss) attributable to Ares Management Corporation Class A and non-voting common stockholders       $ (39,101) $ 84,726 $ 39,447 $ 262,659
Dividend declared and paid per Class A and non-voting common stock (in dollars per share) $ 0.61 $ 0.61 $ 0.61        
Restricted units              
Diluted earnings per share of Class A and non-voting common stock:              
Effect of dilutive shares (in shares)       0 12,273,068 0 10,807,242
Options              
Diluted earnings per share of Class A and non-voting common stock:              
Effect of dilutive shares (in shares)       0 5,317,468 0 5,265,045
Class A Common Stock              
Basic earnings per share of Class A and non-voting common stock:              
Basic weighted-average shares of Class A and non-voting common stock (in shares)       175,631,144 168,931,621 175,010,241 161,071,151
Basic earnings per share of Class A and non-voting common stock (in dollars per share)       $ (0.22) $ 0.49 $ 0.23 $ 1.55
Diluted earnings per share of Class A and non-voting common stock:              
Diluted weighted-average shares of Class A and non-voting common stock (in shares)       175,631,144 186,522,157 175,010,241 177,143,438
Diluted earnings (loss) per share of Class A and non-voting common stock (in dollars per share)       $ (0.22) $ 0.45 $ 0.23 $ 1.48
Dividend declared and paid per Class A and non-voting common stock (in dollars per share)       $ 0.61 $ 0.47 $ 1.83 $ 1.41
Non-voting Common Stock              
Basic earnings per share of Class A and non-voting common stock:              
Basic weighted-average shares of Class A and non-voting common stock (in shares)       175,631,144 168,931,621 175,010,241 161,071,151
Basic earnings per share of Class A and non-voting common stock (in dollars per share)       $ (0.22) $ 0.49 $ 0.23 $ 1.55
Diluted earnings per share of Class A and non-voting common stock:              
Diluted weighted-average shares of Class A and non-voting common stock (in shares)       175,631,144 186,522,157 175,010,241 177,143,438
Diluted earnings (loss) per share of Class A and non-voting common stock (in dollars per share)       $ (0.22) $ 0.45 $ 0.23 $ 1.48
Dividend declared and paid per Class A and non-voting common stock (in dollars per share)       $ 0.61 $ 0.47 $ 1.83 $ 1.41