XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.21.1

Variable Interest Entities and Consolidated Investment Products (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2021
Fair Value Measurements, Recurring and Non-recurring [Abstract] |
Variable Interest Entities and Consolidated Investment Products | Upon loss of control, the VIE was deconsolidated and the following assets, liabilities, and equity of the fund were derecognized from the Company’s Unaudited Condensed Consolidated Statements of Financial Condition:
|  | As of January 1, 2021
Assets of consolidated investment products |  |
Cash and cash equivalents |  | $ | 34,823 |
Accounts receivable and other |  | 1,769 |
Investment assets, at fair value |  | 72,868 |
Less: Amounts reclassified to investment securities |  | (11,200) |
Total assets |  | $ | 98,260 |
Liabilities of consolidated investment products |  |
Accounts payable, accrued expenses, and other |  | $ | 76,960 |
Investment liabilities, at fair value |  | 566 |
Total liabilities |  | $ | 77,526 |
Redeemable noncontrolling interests |  | $ | 20,734 |
Total liabilities and equity |  | $ | 98,260 |
The following tables present the fair value hierarchy levels of assets and liabilities held by CIPs measured at fair value as of March 31, 2021 and December 31, 2020:
| Assets and Liabilities at Fair Value
| Total |  | Level 1 |  | Level 2 |  | Level 3
March 31, 2021 |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |
Money market funds | $ | 4,270 |  |  | $ | 4,270 |  |  | $ | — |  |  | $ | — |
Equity securities - long position | 84,543 |  |  | 81,937 |  |  | 2,606 |  |  | — |
Fixed income instruments - long position | 142,486 |  |  | — |  |  | 142,486 |  |  | — |
Liabilities |  |  |  |  |  |  |
Fixed income instruments - short position | $ | 12,786 |  |  | $ | — |  |  | $ | 12,786 |  |  | $ | — |
Derivative liabilities | 155 |  |  | — |  |  | 155 |  |  | — |
| Assets and Liabilities at Fair Value
| Total |  | Level 1 |  | Level 2 |  | Level 3
December 31, 2020 |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |
Money market funds | $ | 7,822 |  |  | $ | 7,822 |  |  | $ | — |  |  | $ | — |
Equity securities - long position | 83,960 |  |  | 83,027 |  |  | 933 |  |  | — |
Fixed income instruments - long position | 133,518 |  |  | — |  |  | 133,518 |  |  | — |
Derivative assets | 12,902 |  |  | 12,902 |  |  | — |  |  | — |
Liabilities |  |  |  |  |  |  |
Fixed income instruments - short position | $ | 14,978 |  |  | $ | — |  |  | $ | 14,978 |  |  | $ | — |
Derivative liabilities | 753 |  |  | 566 |  |  | 187 |  |  | — |
CIP balances included in the Company’s Unaudited Condensed Consolidated Statements of Financial Condition were as follows:
| As of March 31, 2021 |  | As of December 31, 2020
Net CIP assets included in the table above | $ | 218,358 |  |  | $ | 222,471 |
Net CIP assets/(liabilities) not included in the table above | (31,376) |  |  | (69,763) |
Total Net CIP assets | 186,982 |  |  | 152,708 |
Less: redeemable noncontrolling interests | 124,915 |  |  | 93,753 |
Artisan’s direct equity investment in CIPs | $ | 62,067 |  |  | $ | 58,955 |

X
- Definition Fair Value Measurements, Recurring and Non-recurring [Abstract] + References No definition available. + Details
Name: | apam_FairValueMeasurementsRecurringandNonrecurringAbstract
Namespace Prefix: | apam_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2C -URI http://asc.fasb.org/extlink&oid=117815213&loc=SL7498348-110258 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bb) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration