XML 39 R28.htm IDEA: XBRL DOCUMENT v3.24.3

Noncontrolling Interests - Holdings (Tables)

9 Months Ended

Sep. 30, 2024

Noncontrolling Interest [Abstract]

Schedule of Equity ownership Interests in Holdings

For the nine months ended September 30, 2024, APAM’s equity ownership interest in Holdings increased as a result of the following transactions:

			Holdings GP Units						Limited Partnership Units						Total						APAM Ownership %
Balance at December 31, 2023			68,554,078						11,460,686						80,014,764						86		%
Holdings Common Unit Exchanges			1,168,667						(1,168,667)						—						1		%
Issuance of APAM Restricted Shares (1)			502,774						—						502,774						—		%
Delivery of Shares Underlying RSUs and PSUs (1)			28,795						—						28,795						—		%
Restricted Share Award Net Share Settlement (1)			(149,172)						—						(149,172)						—		%
Forfeitures from Employee Terminations (1)			(36,022)						—						(36,022)						—		%
Balance at September 30, 2024			70,069,120						10,292,019						80,361,139						87		%
(1) The impact of the transaction on APAM’s ownership percentage was less than 1%.

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net

The reallocation of equity had the following impact on the unaudited condensed consolidated statements of financial condition:

Statements of Financial Condition			For the Nine Months Ended September 30,
			2024						2023
Additional paid-in capital			$	1,922					$	(696)
Noncontrolling interests - Artisan Partners Holdings			(1,878)						773
Accumulated other comprehensive income (loss)			(44)						(77)
Net impact to financial condition			$	—					$	—

X

- Definition

The tabular disclosure of the effects of any changes in a parent's ownership interest in a subsidiary on the equity attributable to the parent if the ownership interests in a subsidiary changes during the period. The changes represented by this element did not result in the deconsolidation of the subsidiary.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4M
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481175/810-10-55-4M

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Subparagraph (d)
-SubTopic 10
-Topic 810
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481203/810-10-50-1A

+ Details

Name:	us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestEffectsOfChangesNetTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_NoncontrollingInterestAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the key aspects of a subsidiary (partnership, corporation, or other entity) of the limited liability company or limited partnership.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipDescriptionTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration