Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v2.4.1.9
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
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