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Unaudited Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
ASSETS    
Accounts receivable $ 98,420 $ 81,868
Investment securities 6,737 23,878
Property and equipment, net 36,234 39,495
Deferred tax assets 458,698 435,897
Restricted cash 629 629
Prepaid expenses and other assets 14,954 12,688
Operating lease assets 81,902 87,155
Total assets 1,082,539 933,619
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Accounts payable, accrued expenses, and other 20,822 19,926
Accrued incentive compensation 93,913 16,159
Borrowings 199,239 199,103
Operating lease liabilities 95,544 101,154
Amounts payable under tax receivable agreements 385,984 375,324
Total liabilities 868,617 752,008
Commitments and contingencies
Redeemable noncontrolling interests 60,186 43,110
Additional paid-in capital 94,745 89,149
Retained earnings 51,715 44,455
Accumulated other comprehensive income (loss) (1,921) (1,425)
Total Artisan Partners Asset Management Inc. stockholders’ equity 145,324 132,957
Noncontrolling interests - Artisan Partners Holdings 8,412 5,544
Total stockholders’ equity 153,736 138,501
Total liabilities, redeemable noncontrolling interests, and stockholders’ equity 1,082,539 933,619
Variable Interest Entity, Primary Beneficiary    
ASSETS    
Cash and cash equivalents 29,880 9,005
Investment securities 151,993 106,736
Accounts receivable and other 2,659 1,647
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Accounts payable, accrued expenses, and other 59,272 34,156
Investment liabilities, at fair value 13,843 6,186
Consolidated Entity, Excluding VIE    
ASSETS    
Cash and cash equivalents 200,433 134,621
Investment securities 6,737 23,878
Class A Common Stock    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Common stock 614 564
Class B Common Stock    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Common stock 55 78
Class C Common Stock    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Common stock $ 116 $ 136