EARNINGS (LOSS) PER CLASS A SHARE (Tables)

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Basic and Diluted Income per Class A Share

The table below presents basic and diluted net income (loss) per share of Class A common stock using the two-class method for the three months ended March 31, 2017 and 2016:

	For the Three Months Ended March 31,
	(unaudited)
	2017			2016
	(Amounts in thousands, except share and per share amounts)
Basic and diluted net income per share:
Numerator
Net income attributable to Medley Management Inc.	$	394		$	94
Less: Allocation to participating securities	(22		)	(158		)
Net income (loss) available to Class A common stockholders	$	372		$	(64	)
Denominator
Weighted average shares of Class A common stock outstanding	5,808,626			5,851,129
Net income (loss) per Class A share	$	0.06		$	(0.01	)