Silvercrest Asset Management Group LLC Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Furniture, Equipment and Leasehold Improvements, Net

Furniture, Equipment and Leasehold Improvements, Net

3 Months Ended

Mar. 31, 2015

Property Plant And Equipment [Abstract]

Furniture, Equipment and Leasehold Improvements, Net

6. FURNITURE, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET

The following is a summary of furniture, equipment and leasehold improvements, net as of March 31, 2015 and December 31, 2014:

	2015			2014
Leasehold improvements	$	3,857		$	3,766
Furniture and equipment		4,577			4,496
Artwork		421			421
Total cost		8,855			8,683
Accumulated depreciation and amortization		(6,466	)		(6,329	)
Furniture, equipment and leasehold improvements, net	$	2,389		$	2,354

Depreciation expense for the three months ended March 31, 2015 and 2014 was $137 and $121, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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