v3.22.1
Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 57,020 $ 85,744
Investments 1,588 1,588
Receivables, net 9,444 8,850
Due from Silvercrest Funds 1,286 428
Furniture, equipment and leasehold improvements, net 5,007 5,257
Goodwill 63,675 63,675
Operating lease assets 25,032 26,130
Finance lease assets 217 247
Intangible assets, net 23,280 23,924
Deferred tax asset—tax receivable agreement 9,085 10,797
Prepaid expenses and other assets 2,269 2,678
Total assets 197,903 229,318
Liabilities and Equity    
Accounts payable and accrued expenses 13,031 19,820
Accrued compensation 10,704 41,707
Borrowings under credit facility 8,125 9,025
Operating lease liabilities 31,174 32,371
Finance lease liabilities 223 253
Deferred tax and other liabilities 9,423 9,334
Total liabilities 72,680 112,510
Commitments and Contingencies (Note 10)
Equity    
Preferred Stock, par value $0.01, 10,000,000 shares authorized; none issued and outstanding, as of March 31, 2022 and December 31, 2021
Additional Paid-In Capital 52,961 52,936
Treasury stock, at cost, 33,083 shares as of March 31, 2022 and December 31, 2021 (512) (512)
Retained earnings 33,669 27,782
Total Silvercrest Asset Management Group Inc.’s equity 86,262 80,350
Non-controlling interests 38,961 36,458
Total equity 125,223 116,808
Total liabilities and equity 197,903 229,318
Class A Common Stock    
Equity    
Common stock, value 99 99
Class B Common Stock    
Equity    
Common stock, value $ 45 $ 45

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