v3.21.2
Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 53,631 $ 62,498
Investments 53 914
Receivables, net 9,425 8,341
Due from Silvercrest Funds 1,648 1,018
Furniture, equipment and leasehold improvements, net 5,331 5,523
Goodwill 63,675 63,675
Operating lease assets 28,188 30,068
Finance lease assets 314 254
Intangible assets, net 25,239 26,553
Deferred tax asset—tax receivable agreement 11,324 11,397
Prepaid expenses and other assets 3,934 3,563
Total assets 202,762 213,804
Liabilities and Equity    
Accounts payable and accrued expenses 21,522 18,040
Accrued compensation 20,530 33,849
Borrowings under credit facility 10,828 12,600
Operating lease liabilities 34,071 36,127
Finance lease liabilities 319 259
Deferred tax and other liabilities 9,514 9,530
Total liabilities 96,784 110,405
Commitments and Contingencies (Note 10)
Equity    
Preferred Stock, par value $0.01, 10,000,000 shares authorized; none issued and outstanding, as of June 30, 2021 and December 31, 2020
Additional Paid-In Capital 51,240 51,039
Retained earnings 22,291 19,498
Total Silvercrest Asset Management Group Inc.’s equity 73,675 70,679
Non-controlling interests 32,303 32,720
Total equity 105,978 103,399
Total liabilities and equity 202,762 213,804
Class A Common Stock    
Equity    
Common stock, value 97 96
Total equity 97 96
Class B Common Stock    
Equity    
Common stock, value 47 46
Total equity $ 47 $ 46

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