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Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue from Contract with Customer $ 232,753 $ 202,961 $ 638,531 $ 590,650
Total revenues 232,753 202,961 638,531 590,650
Operating Expenses        
Compensation and benefits 108,657 99,847 315,578 300,615
Distribution, servicing and marketing 6,252 5,929 17,155 17,168
Occupancy 6,338 5,214 16,740 18,122
Communication and technology 9,672 9,788 28,559 29,485
General and administrative 4,589 6,635 15,667 21,122
Total operating expenses 135,508 127,413 393,699 386,512
Total operating income 97,245 75,548 244,832 204,138
Non-operating income (expense)        
Interest expense (2,718) (2,760) (8,118) (8,362)
Net (gain) loss on the tax receivable agreements (238) 19,557 (238) 19,557
Total non-operating income (expense) 5,896 (20,691) (634) (18,564)
Income before income taxes 103,141 54,857 244,198 185,574
Provision for income taxes 18,448 (7,355) 44,155 13,571
Net income before noncontrolling interests 84,693 62,212 200,043 172,003
Less: Net income attributable to noncontrolling interests - Artisan Partners Holdings 21,547 20,556 55,791 57,660
Less: Net income attributable to noncontrolling interests - consolidated investment products 4,619 400 4,749 2,360
Net income attributable to Artisan Partners Asset Management Inc. $ 58,527 $ 41,256 $ 139,503 $ 111,983
Basic earnings per share (in dollars per share) $ 0.93 $ 0.71 $ 2.22 $ 1.87
Diluted earnings per share (in dollars per share) $ 0.93 $ 0.71 $ 2.22 $ 1.87
Basic weighted average number of common shares outstanding 56,402,503 51,448,938 55,188,563 50,950,618
Diluted weighted average number of common shares outstanding 56,408,272 51,448,938 55,190,486 50,950,618
Dividends declared per Class A common share (in dollars per share) $ 0.67 $ 0.60 $ 2.56 $ 2.74
Variable Interest Entity, Primary Beneficiary        
Non-operating income (expense)        
Net investment gain (loss) of consolidated investment products $ 7,798 $ 619 $ 7,751 $ 5,008
Consolidated Entity Excluding Variable Interest Entities (VIE)        
Non-operating income (expense)        
Net investment gain (loss) of consolidated investment products     (642) 3,374
Consolidated Entity, Excluding VIE        
Non-operating income (expense)        
Net investment gain (loss) of consolidated investment products 578 1,007 (505) 4,347
Management fees        
Revenue from Contract with Customer 232,474 202,806 627,305 586,070
Performance fees        
Revenue from Contract with Customer $ 279 $ 155 $ 11,226 $ 4,580