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Noncontrolling interest - Holdings | 9 Months Ended
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Sep. 30, 2019
Noncontrolling Interest [Abstract] |
Noncontrolling interest - Holdings | Note 7. Noncontrolling interests - Holdings Net income attributable to noncontrolling interests - Artisan Partners Holdings in the Unaudited Consolidated Statements of Operations represents the portion of earnings or loss attributable to the equity ownership interests in Holdings held by the limited partners of Holdings. As of September 30, 2019, APAM held approximately 72% of the equity ownership interests in Holdings. Limited partners of Artisan Partners Holdings are entitled to exchange partnership units (along with a corresponding number of shares of Class B or C common stock of APAM) for shares of Class A common stock from time to time (the “Holdings Common Unit Exchanges”). The Holdings Common Unit Exchanges increase APAM’s equity ownership interest in Holdings and result in an increase to deferred tax assets and amounts payable under the tax receivable agreements. See Note 11, “Income Taxes and Related Payments”. In order to maintain the one-to-one correspondence of the number of Holdings partnership units and APAM common shares, Holdings will issue one general partner (“GP”) unit to APAM for each share of Class A common stock issued by APAM. For the nine months ended September 30, 2019, APAM’s equity ownership interest in Holdings has increased as a result of the following transactions:
| Holdings GP Units | Limited Partnership Units | Total | APAM Ownership %
Balance at December 31, 2018 | 54,071,188 |  | 22,871,684 |  | 76,942,872 |  | 70 | %
Holdings Common Unit Exchanges | 1,330,432 |  | (1,330,432) |  | — |  | 1 | %
Issuance of APAM Restricted Shares | 959,000 |  | — |  | 959,000 |  | 1 | %
Restricted Share Award Net Share Settlement (1) | (82,729) |  | — |  | (82,729) |  | — | %
Forfeitures of Holdings GP Units from Employee Terminations (1) | (16,865) |  | — |  | (16,865) |  | — | %
Balance at September 30, 2019 | 56,261,026 |  | 21,541,252 |  | 77,802,278 |  | 72 | %
(1) The impact of the transaction on APAM’s ownership percentage was less than 1%. Changes in ownership of Holdings are accounted for as equity transactions because APAM continues to have a controlling interest in Holdings. Additional paid-in capital and noncontrolling interests - Artisan Partners Holdings in the Unaudited Condensed Consolidated Statements of Financial Condition are adjusted to reallocate Holdings’ historical equity to reflect the change in APAM’s ownership of Holdings. The reallocation of equity had the following impact on the Unaudited Condensed Consolidated Statements of Financial Condition:
Statement of Financial Condition | For the Nine Months Ended September 30, |  |
| 2019 |  | 2018
Additional paid-in capital | $ | (2,455) |  |  | $ | (3,758) |
Noncontrolling interests - Artisan Partners Holdings | 2,501 |  |  | 3,802 |
Accumulated other comprehensive income (loss) | (46) |  |  | (44) |
Net impact to financial condition | — |  |  | — |
In addition to the reallocation of historical equity, the change in ownership resulted in an increase to deferred tax assets and additional paid-in capital of $0.6 million and $0.7 million for the nine months ended September 30, 2019 and 2018, respectively.

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- Definition The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -URI http://asc.fasb.org/topic&trid=2197479 + Details
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