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Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Authorized and outstanding equity APAM had the following authorized and outstanding equity as of December 31, 2021 and 2020, respectively:
Outstanding
Common sharesAuthorizedDecember 31, 2021December 31, 2020
Voting Rights (1)
Economic Rights
Class A, par value $0.01 per share
500,000,000 66,699,872 63,131,007 
1 vote per share
Proportionate
Class B, par value $0.01 per share
200,000,000 3,206,580 4,457,958 
1 vote per share
None
Class C, par value $0.01 per share
400,000,000 9,128,617 10,983,145 
1 vote per share
None
(1) The Company’s employees to whom Artisan has granted equity have entered into a stockholders agreement with respect to all shares of APAM common stock they have acquired from the Company and any shares they may acquire from the Company in the future, pursuant to which they granted an irrevocable voting proxy to a Stockholders Committee. As of December 31, 2021, Artisan’s employees held 5,135,864 restricted shares of Class A common stock and all 3,206,580 outstanding shares of Class B common stock, all of which were subject to the agreement.
Dividends Declared APAM declared and paid the following dividends per share during the years ended December 31, 2021, 2020 and 2019:
 For the Years Ended December 31,
Type of DividendClass of Stock202120202019
QuarterlyCommon Class A$3.92 $2.79 $2.36 
Special AnnualCommon Class A$0.31 $0.60 $1.03 
Schedule of Stock by Class The following table summarizes APAM’s stock transactions for the years ended December 31, 2021, 2020 and 2019:
Total Stock Outstanding
Class A Common Stock(1)
Class B Common StockClass C Common Stock
Balance at January 1, 2019
76,942,872 54,071,188 8,645,249 14,226,435 
Holdings Common Unit Exchanges— 1,499,655 (841,885)(657,770)
Restricted Share Award Grants959,000 959,000 — — 
Restricted Share Award Net Share Settlement(82,729)(82,729)— — 
Employee/Partner Terminations(17,289)(17,289)— — 
Balance at December 31, 2019
77,801,854 56,429,825 7,803,364 13,568,665 
2020 Follow-On Offering
— 1,802,326 (1,777,326)(25,000)
Holdings Common Unit Exchanges— 4,128,600 (1,535,275)(2,593,325)
Delivery of Shares Underlying RSUs24,233 24,233 — — 
Restricted Share Award Grants916,085 916,085 — — 
Restricted Share Award Net Share Settlement(126,971)(126,971)— — 
Employee/Partner Terminations(43,091)(43,091)(32,805)32,805 
Balance at December 31, 2020
78,572,110 63,131,007 4,457,958 10,983,145 
2021 Follow-On Offering
— 963,614 (638,614)(325,000)
Holdings Common Unit Exchanges— 2,142,292 (612,764)(1,529,528)
Delivery of Shares Underlying RSUs1,074 1,074 — — 
Restricted Share Award Grants740,249 740,249 — — 
Restricted Share Award Net Share Settlement(177,960)(177,960)— — 
Employee/Partner Terminations(100,404)(100,404)— — 
Balance at December 31, 2021
79,035,069 66,699,872 3,206,580 9,128,617 
(1) There were 327,713, 304,570, and 297,891 restricted stock units outstanding at December 31, 2021, 2020, and 2019, respectively. In addition, there were 135,230 and 60,000 performance share units outstanding at December 31, 2021 and 2020, respectively. Based on the current status of the market and performance conditions, the 135,230 unvested performance share units would ultimately result in the issuance of 135,233 shares of Class A common stock if all other vesting conditions were met. Restricted stock units and performance share units are not reflected in the table because they are not considered outstanding or issued stock.
Distributions Holdings’ partnership distributions for the years ended December 31, 2021, 2020 and 2019 were as follows:
 For the Years Ended December 31,
202120202019
Holdings Partnership Distributions to Limited Partners$93,189 $85,805 $94,842 
Holdings Partnership Distributions to APAM400,191 270,044 226,245 
Total Holdings Partnership Distributions$493,380 $355,849 $321,087