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

Notes Receivable from Partners (Tables)

3 Months Ended

Mar. 31, 2015

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

	2015			2014
Management and advisory fees receivable	$	2,803		$	2,705
Unbilled receivables		1,990			2,229
Other receivables		2			2
Receivables		4,795			4,936
Allowance for doubtful receivables		(365	)		(402	)
Receivables, net	$	4,430		$	4,534

Notes receivable from partners are as follows for the three months ended March 31, 2015 and the year ended December 31, 2014:

	March 31, 2015			December 31, 2014
Beginning balance	$	3,212		$	3,052
Repayment of notes		(481	)		(841	)
Interest accrued and capitalized on notes receivable		18			61
New notes receivable issued to partners		—			940
Ending balance	$	2,749		$	3,212