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Revenue from Contracts with Customers
6 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Revenue From Contracts with Customers
Note 9. Revenue From Contracts with Customers
Disaggregated Revenue
The following table presents a disaggregation of revenue by type and vehicle for the three and six months ended June 30, 2020 and 2019:
For the Three Months Ended June 30,For the Six Months Ended June 30,
2020201920202019
Management fees
   Artisan Funds$109,697  $112,025  $224,376  $218,205  
   Artisan Global Funds7,313  8,037  15,429  16,172  
   Separate accounts(1)
77,917  76,338  155,026  148,887  
Performance fees
   Separate accounts(1)
8,015  4,327  10,947  4,425  
Total revenues(2)
$202,942  $200,727  $405,778  $387,689  
(1) Separate account revenue consists of management fees and performance fees earned from vehicles other than Artisan Funds or Artisan Global Funds, which includes traditional separate accounts, Artisan-branded collective investment trusts and funds (both public and private) that Artisan advises, including Artisan Private Funds.
(2) All management fees and performance fees from consolidated investment products were eliminated upon consolidation and therefore are omitted from this table.
Performance fees are subject to the uncertainty of market volatility, and as a result, the entire amount of the variable consideration related to performance fees is constrained until the end of each measurement period. At the end of the quarterly or annual measurement period, revenue is recorded for the actual amount of performance fees earned during that period because the uncertainty has been resolved. For performance fees with annual measurement periods, revenue recognized in the current quarter relates to performance obligations that were partially satisfied in prior periods.
The following table presents the balances of receivables related to contracts with customers:

As of June 30, 2020As of December 31, 2019
Customer
   Artisan Funds$6,592  $6,703  
   Artisan Global Funds3,226  3,588  
   Separate accounts78,171  69,413  
Total receivables from contracts with customers$87,989  $79,704  
Non-customer receivables6,117  2,164  
Accounts receivable$94,106  $81,868  
Artisan Funds and Artisan Global Funds are billed on the last day of each month. Artisan Funds and Artisan Global Funds make payments on the same day the invoice is received for the majority of the invoiced amount. The remainder of the invoice is generally paid in the month following receipt of the invoice. Separate account clients are generally billed on a monthly or quarterly basis, with payments due within 30 days of billing. Artisan had no other contract assets or liabilities from contracts with customers as of June 30, 2020 or December 31, 2019.