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
Sep. 30, 2014
Dec. 31, 2013
Assets    
Cash and cash equivalents $ 27,943 $ 27,122
Restricted certificates of deposit and escrow 586 1,021
Investments 100 103
Receivables, net 5,081 5,405
Due from Silvercrest Funds 2,926 2,653
Furniture, equipment and leasehold improvements, net 2,161 1,913
Goodwill 20,008 20,031
Intangible assets, net 11,510 12,589
Deferred tax asset—tax receivable agreement 23,815 25,022
Prepaid expenses and other assets 2,377 4,868
Total assets 96,507 100,727
Liabilities and Stockholders’ Equity    
Accounts payable and accrued expenses 2,096 6,587
Accrued compensation 15,572 17,424
Notes payable 8,127 8,303
Borrowings under revolving credit facility 3,000 3,000
Deferred rent 1,422 1,742
Deferred tax and other liabilities 16,436 15,506
Total liabilities 46,653 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 September 30, 2014 and December 31, 2013      
Additional Paid-In Capital 39,137 39,003
Retained earnings 3,028 2,099
Total stockholders’ equity 42,288 41,222
Non-controlling interests 7,566 6,943
Total equity 49,854 48,165
Total liabilities and stockholders’ equity 96,507 100,727
Class A Common Stock
    
Stockholders’ Equity    
Common stock, value 77 75
Total equity 77 75
Class B Common Stock
    
Stockholders’ Equity    
Common stock, value 46 45
Total equity $ 46 $ 45