Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Financial Condition

v2.4.0.8
Condensed Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Assets    
Cash and cash equivalents $ 21,438 $ 27,122
Restricted certificates of deposit and escrow 1,022 1,021
Investments 100 103
Receivables, net 4,098 5,405
Due from Silvercrest Funds 3,599 2,653
Furniture, equipment and leasehold improvements, net 2,175 1,913
Goodwill 20,008 20,031
Intangible assets, net 11,870 12,589
Deferred tax asset—tax receivable agreement 23,841 25,022
Prepaid expenses and other assets 2,123 4,868
Total assets 90,274 100,727
Liabilities and Stockholders’ Equity    
Accounts payable and accrued expenses 2,294 6,587
Accrued compensation 10,282 17,424
Notes payable 8,164 8,303
Borrowings under revolving credit facility 3,000 3,000
Deferred rent 1,523 1,742
Deferred tax and other liabilities 15,737 15,506
Total liabilities 41,000 52,562
Commitments and Contingencies (Note 10)      
Stockholders’ Equity    
Preferred Stock, par value $0.01, 10,000,000 shares authorized; none issued and outstanding, as of June 30, 2014 and December 31, 2013      
Additional Paid-In Capital 39,026 39,003
Retained earnings 2,588 2,099
Total stockholders’ equity 41,736 41,222
Non-controlling interests 7,538 6,943
Total equity 49,274 48,165
Total liabilities and stockholders’ equity 90,274 100,727
Class A Common Stock
    
Stockholders’ Equity    
Common stock, value 75 75
Total equity 75 75
Class B Common Stock
    
Stockholders’ Equity    
Common stock, value 47 45
Total equity $ 47 $ 45