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EARNINGS PER CLASS A SHARE (Tables)
 9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Loss per Share of Class A Common Stock
The table below presents basic and diluted net loss per share of Class A common stock using the two-class method during the three and nine months ended September 30, 2020 and 2019.
 
For the Three Months Ended
September 30,
 
For the Nine Months Ended September 30,
 
2020
 
2019
 
2020
 
2019
 
 
 
 
 
 
 
 
 
(in thousands, except share and per share amounts)
Basic and diluted net loss per share:
 

 
 

 
 

 
 

Numerator
 

 
 

 
 

 
 

Net loss attributable to Medley Management Inc.
$
(122
)
 
$
(516
)
 
$
(2,066
)
 
$
(770
)
Less: Fair value adjustment to redeemable non-controlling interest (Note 17)
—

 
—

 
(147
)
 
—

Less: Allocation of earnings to participating securities


 
8

 
72

 
1

Net loss available to Class A common stockholders
$
(122
)

$
(508
)
 
$
(2,141
)

$
(769
)
 
 
 
 
 
 
 
 
Denominator
 

 
 

 
 

 
 

Weighted average shares of Class A common stock outstanding
639,216

 
589,933

 
631,620

 
583,449

Net loss per share of Class A common stock
$
(0.19
)
 
$
(0.86
)

$
(3.39
)

$
(1.32
)
Schedule of Dividend Declared on Common Stock
The following table reflects the per share dividend amounts that the Company declared on its common stock during the nine months ended September 30, 2019. There were no dividends declared during the nine months ended September 30, 2020.
Declaration Dates
 
Record Date
 
Payment Dates
 
Per Share
 
 
 
 
 
 
 
March 27, 2019
 
April 15, 2019
 
May 3, 2019
 
$
0.30