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Related Parties | 9 Months Ended
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Sep. 30, 2022
Related Party Transactions [Abstract] |
Related Parties | Related Parties The entities described below are considered related parties and the balances and/or transactions with them are reported in our consolidated financial statements. As discussed in Note 16, the Company had economic interests in several entities that are accounted for under the equity method of accounting. The Company has allocated its proportional share of the investees’ earnings and losses each reporting period. In addition, Evolent has entered into services agreements with certain of the entities to provide certain management, operational and support services to help the entities manage elements of their service offerings. The Company also works with UPMC, one of its founding investors. The Company’s relationship with UPMC is a subcontractor relationship where UPMC has agreed to execute certain tasks (primarily TPA services) relating to certain customer commitments. This relationship is currently in wind-down. The following table presents assets and liabilities attributable to our related parties (in thousands):
| September 30, 2022 |  | December 31, 2021
Assets |  |  |
Accounts receivable, net | $ | 10,752 |  |  | $ | 2,719 |
Prepaid expenses and other current assets | — |  |  | 15 |
Prepaid expenses and other noncurrent assets | 884 |  |  | 4,877 |
Liabilities |  |  |
Accounts payable | $ | 432 |  |  | $ | 1,967 |
Accrued liabilities | 954 |  |  | 1,120 |
Reserve for claims and performance-based arrangements | — |  |  | 734 |
The following table presents revenues and expenses attributable to our related parties (in thousands):
| For the Three Months Ended September 30, 2022 |  | For the Nine Months Ended September 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Revenue | $ | 36,321 |  |  | $ | 9,775 |  |  | $ | 111,195 |  |  | $ | 35,718 |
Expenses |  |  |  |  |  |  |
Cost of revenue (exclusive of depreciation and amortization expenses) | 30,121 |  |  | 751 |  |  | 93,266 |  |  | 1,850 |
Selling, general and administrative expenses | 443 |  |  | 74 |  |  | 745 |  |  | 186 |

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI https://asc.fasb.org/topic&trid=2122745 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864 + Details
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