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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
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Mar. 31, 2015
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Mar. 31, 2014
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| Cash Flows From Operating Activities | ||
| Net Income | $ 2,810us-gaap_ProfitLoss | $ 2,241us-gaap_ProfitLoss |
| Adjustments to reconcile net income to net cash used in operating activities: | ||
| Equity-based compensation | 115us-gaap_ShareBasedCompensation | 514us-gaap_ShareBasedCompensation |
| Depreciation and amortization | 460us-gaap_DepreciationDepletionAndAmortization | 481us-gaap_DepreciationDepletionAndAmortization |
| Deferred rent | (116)samg_DeferredRentExpense | (114)samg_DeferredRentExpense |
| Provision for doubtful accounts | 227us-gaap_ProvisionForDoubtfulAccounts | |
| Deferred income taxes | 645us-gaap_IncreaseDecreaseInDeferredIncomeTaxes | 1,013us-gaap_IncreaseDecreaseInDeferredIncomeTaxes |
| Non-cash interest on notes receivable from partners | (18)samg_NonCashInterestOnNotesReceivableFromPartners | (19)samg_NonCashInterestOnNotesReceivableFromPartners |
| Distributions received from investment funds | 1,292us-gaap_ProceedsFromLimitedPartnershipInvestments | 3us-gaap_ProceedsFromLimitedPartnershipInvestments |
| Other | 2us-gaap_OtherOperatingActivitiesCashFlowStatement | |
| Receivables and due from Silvercrest Funds | 1,420us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables | 1,293us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables |
| Prepaid expenses and other assets | (1,390)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | 2,889us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Accounts payable and accrued expenses | 681us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities | (1,274)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities |
| Accrued compensation | (16,191)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities | (11,648)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities |
| Interest payable on notes payable | 46us-gaap_IncreaseDecreaseInInterestPayableNet | 89us-gaap_IncreaseDecreaseInInterestPayableNet |
| Net cash used in operating activities | (10,246)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | (4,303)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
| Cash Flows From Investing Activities | ||
| Restricted certificates of deposit and escrow | (1)us-gaap_IncreaseDecreaseInRestrictedCashAndInvestments | |
| Acquisition of furniture, equipment and leasehold improvements | (162)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (27)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Earn-outs paid related to acquisitions completed before January 1, 2009 | (1,679)us-gaap_PaymentsToAcquireBusinessesGross | |
| Net cash used in investing activities | (162)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | (1,707)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations |
| Cash Flows From Financing Activities | ||
| Redemptions of partners’ interests | (240)samg_PaymentsForRedemptionOfPartnersInterests | |
| Repayments of notes payable | (129)us-gaap_RepaymentsOfNotesPayable | (194)us-gaap_RepaymentsOfNotesPayable |
| Payments on capital leases | (19)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations | (15)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations |
| Distributions to partners | (1,241)us-gaap_PaymentsOfCapitalDistribution | (1,349)us-gaap_PaymentsOfCapitalDistribution |
| Dividends paid on Class A common stock | (932)us-gaap_PaymentsOfDividendsCommonStock | (903)us-gaap_PaymentsOfDividendsCommonStock |
| Payments from partners on notes receivable | 481samg_PaymentsFromPartnersOnNotesReceivable | 629samg_PaymentsFromPartnersOnNotesReceivable |
| Net cash used in financing activities | (1,840)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | (2,072)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations |
| Net decrease in cash and cash equivalents | (12,248)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | (8,082)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash and cash equivalents, beginning of period | 30,820us-gaap_CashAndCashEquivalentsAtCarryingValue | 27,122us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and cash equivalents, end of period | 18,572us-gaap_CashAndCashEquivalentsAtCarryingValue | 19,040us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Net cash paid during the period for: | ||
| Income taxes | 1,054us-gaap_IncomeTaxesPaid | 1,707us-gaap_IncomeTaxesPaid |
| Interest | 11us-gaap_InterestPaid | 35us-gaap_InterestPaid |
| Supplemental Disclosures of Non-cash Financing and Investing Activities | ||
| Recognition of deferred tax assets as a result of IPO | 184samg_RecognitionOfDeferredTaxAssetsAsResultOfIpo | 11samg_RecognitionOfDeferredTaxAssetsAsResultOfIpo |
| Asset acquired under capital lease | $ 11us-gaap_CapitalLeaseObligationsIncurred | $ 289us-gaap_CapitalLeaseObligationsIncurred |
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- Definition
Deferred rent expense. No definition available.
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- Definition
Non cash interest on notes receivable from partners. No definition available.
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Payments for redemption of partners interests. No definition available.
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- Definition
Payments from partners on notes receivable. No definition available.
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Recognition of deferred tax assets as a result of IPO. No definition available.
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- Definition
The increase during the period in capital lease obligations due to entering into new capital leases. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the amount due from customers for the credit sale of goods and services; includes accounts receivable and other types of receivables. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the account that represents the temporary difference that results from Income or Loss that is recognized for accounting purposes but not for tax purposes and vice versa. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in interest payable, which represents the amount owed to note holders, bond holders, and other parties for interest earned on loans or credit extended to the reporting entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net cash inflow or outflow during the period for the aggregate increase (decrease) associated with funds and investments that are not available for withdrawal or use (such as assets held in escrow or contractually limited as to use or disposition) and are associated with underlying transactions that are classified as investing activities. No definition available.
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- Definition
The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Other cash or noncash adjustments to reconcile net income to cash provided by (used in) operating activities that are not separately disclosed in the statement of cash flows (for example, cash received or cash paid during the current period for miscellaneous operating activities, net change during the reporting period in other assets or other liabilities). No definition available.
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- Definition
Cash outflow to owners or shareholders, excluding ordinary dividends. Includes special dividends. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash outflow in the form of ordinary dividends to common shareholders of the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Cash inflow received as distributions, returns of capital, or sale proceeds from partnership interests held for investment purposes. No definition available.
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of expense related to write-down of receivables to the amount expected to be collected. Includes, but is not limited to, accounts receivable and notes receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow for the obligation for a lease meeting the criteria for capitalization (with maturities exceeding one year or beyond the operating cycle of the entity, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow for a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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