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Noncontrolling Interest - Holdings (Tables)
12 Months Ended
Dec. 31, 2020
Noncontrolling Interest [Abstract]  
Result of Increased Equity Ownership Interest in Holdings
For the years ended December 31, 2020, 2019 and 2018, APAM’s equity ownership interest in Holdings has increased as a result of the following transactions:
Holdings GP UnitsLimited Partnership UnitsTotalAPAM Ownership %
Balance at January 1, 2018
50,463,126 25,106,719 75,569,845 67 %
Issuance of APAM Restricted Shares, Net (1)
1,440,282 — 1,440,282 — %
2018 Follow-On Offering
644,424 (644,424)— %
Holdings Common Unit Exchanges1,590,611 (1,590,611)— %
Forfeitures from Employee Terminations (1)
(67,255)— (67,255)— %
Balance at December 31, 2018
54,071,188 22,871,684 76,942,872 70 %
Issuance of APAM Restricted Shares, Net (1)
876,271 — 876,271 — %
Holdings Common Unit Exchanges1,499,655 (1,499,655)— %
Forfeitures from Employee Terminations (1)
(17,289)— (17,289)— %
Balance at December 31, 2019
56,429,825 21,372,029 77,801,854 73 %
Issuance of APAM Restricted Shares, Net(1)
789,114 — 789,114 — %
Delivery of Shares Underlying RSUs(1)
24,233 — 24,233 — %
2020 Follow-On Offering
1,802,326 (1,802,326)— %
Holdings Common Unit Exchanges4,128,600 (4,128,600)— %
Forfeitures from Employee Terminations (1)
(43,091)— (43,091)— %
Balance at December 31, 2020
63,131,007 15,441,103 78,572,110 80 %
(1) The impact of the transaction on APAM’s ownership percentage was less than 1%.
Impact of the Reallocation of Equity
The reallocation of equity had the following impact on the Consolidated Statements of Financial Condition:
Statement of Financial Condition For the Years Ended December 31,
2020
2019
Additional paid-in capital$(2,544)$(3,533)
Noncontrolling interests - Artisan Partners Holdings2,733 3,584 
Accumulated other comprehensive income (loss)(189)(51)
Net impact to financial condition$— $—