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Revenue from Contracts with Customers
3 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
Revenue From Contracts with Customers
Note 9. Revenue From Contracts with Customers
The following table presents a disaggregation of investment advisory revenue by type and vehicle for the three months ended March 31, 2022 and 2021:
For the Three Months Ended March 31,
20222021
Management fees
   Artisan Funds$163,586 $165,807 
   Artisan Global Funds11,942 10,864 
   Separate accounts and other(1)
105,878 107,294 
Performance fees
   Separate accounts and other(1)
192 6,712 
Total revenues (2)
$281,598 $290,677 
(1) Separate accounts and other revenue consists of management fees and performance fees earned from vehicles other than Artisan Funds or Artisan Global Funds, and therefore includes revenue earned from traditional separate accounts, Artisan-branded collective investment trusts and Artisan Private Funds.
(2) All management fees and performance fees from consolidated investment products were eliminated upon consolidation and therefore are omitted from this table. See Note 15, Related Party Transactions.”
The following table presents the balances of receivables related to contracts with customers:
CustomerAs of March 31, 2022As of December 31, 2021
   Artisan Funds$5,295 $5,874 
   Artisan Global Funds5,034 5,433 
   Separate accounts and other93,708 98,568 
Total receivables from contracts with customers$104,037 $109,875 
Non-customer receivables18,457 5,975 
Accounts receivable$122,494 $115,850 
Artisan Funds and Artisan Global Funds are billed on the last day of each month. Artisan Funds and Artisan Global Funds make payments on the same day the invoice is received for the majority of the invoiced amount. The remainder of the invoice is generally paid in the month following receipt of the invoice. Separate accounts and other clients are generally billed on a monthly or quarterly basis, with payments due within 30 days of billing.
Artisan had no other contract assets or liabilities from contracts with customers as of March 31, 2022 or December 31, 2021.