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

Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2015

Goodwill And Intangible Assets Disclosure [Abstract]

Summary of Intangible Assets

The following is a summary of intangible assets as of March 31, 2015 and December 31, 2014:

		Customer Relationships				Other Intangible Assets				Total
Cost
Balance, January 1, 2015		$	17,560			$	1,663			$	19,223
Balance, March 31, 2015			17,560				1,663				19,223
Useful lives			10-20 years				3-5 years
Accumulated amortization
Balance, January 1, 2015			(6,627	)			(1,429	)			(8,056	)
Amortization expense			(292	)			(31	)			(323	)
Balance, March 31, 2015			(6,919	)			(1,460	)			(8,379	)
Net book value		$	10,641			$	203			$	10,844
Cost
Balance, January 1, 2014		$	17,560			$	1,663			$	19,223
Balance, December 31, 2014			17,560				1,663				19,223
Useful lives			10-20 years				3-5 years
Accumulated amortization
Balance, January 1, 2014			(5,410	)			(1,224	)			(6,634	)
Amortization expense			(1,217	)			(205	)			(1,422	)
Balance, December 31, 2014			(6,627	)			(1,429	)			(8,056	)
Net Book Value		$	10,933			$	234			$	11,167

Schedule of Future Amortization Related to Intangible Assets

Amortization related to the Company’s finite life intangible assets is scheduled to be expensed over the next five years and thereafter as follows:

2015 (remainder of)		$	968
2016			1,236
2017			1,135
2018			1,001
2019			720
Thereafter			5,784
Total		$	10,844