EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

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,
	2024		2023
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	$	73,027	$	94,039
Dividends declared and paid on Class A and non-voting common stock	(180,929)		(138,420)
Distributions on unvested restricted units	(7,272)		(5,314)
Dividends in excess of earnings available to Class A and non-voting common stockholders	$	(115,174)	$	(49,695)
Basic weighted-average shares of Class A and non-voting common stock	192,622,609		178,976,022
Dividends in excess of earnings per share of Class A and non-voting common stock	$	(0.60)	$	(0.28)
Dividend declared and paid per Class A and non-voting common stock	0.93		0.77
Basic earnings per share of Class A and non-voting common stock	$	0.33	$	0.49
Diluted 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	$	73,027	$	94,039
Distributions on unvested restricted units	(7,272)		(5,314)
Net income available to Class A and non-voting common stockholders	$	65,755	$	88,725
Effect of dilutive shares:
Restricted units	—		—
Options	—		—
Diluted weighted-average shares of Class A and non-voting common stock	192,622,609		178,976,022
Diluted earnings per share of Class A and non-voting common stock	$	0.33	$	0.49