Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Financial Condition (Unaudited)

v3.3.0.814
Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Assets    
Cash $ 26,080 $ 30,820
Restricted certificates of deposit 587 586
Investments 15 1,307
Receivables, net 4,003 4,534
Due from Silvercrest Funds 3,039 3,797
Furniture, equipment and leasehold improvements, net 2,535 2,354
Goodwill 24,686 20,008
Intangible assets, net 15,833 11,167
Deferred tax asset—tax receivable agreement 22,286 23,000
Prepaid expenses and other assets 2,882 2,123
Total assets 101,946 99,696
Liabilities and Stockholders’ Equity    
Accounts payable and accrued expenses 3,760 3,291
Accrued compensation 16,482 21,758
Notes payable 5,152 4,124
Borrowings under revolving credit facility   24
Deferred rent 972 1,299
Deferred tax and other liabilities 16,042 16,138
Total liabilities $ 42,408 $ 46,634
Commitments and Contingencies (Note 10)
Stockholders’ Equity    
Preferred Stock, par value $0.01, 10,000,000 shares authorized; none issued and outstanding, as of September 30, 2015 and December 31, 2014
Additional Paid-In Capital $ 40,591 $ 39,175
Retained earnings 4,843 3,217
Total stockholders’ equity 45,560 42,516
Non-controlling interests 13,978 10,546
Total equity 59,538 53,062
Total liabilities and stockholders’ equity 101,946 99,696
Class A Common Stock    
Stockholders’ Equity    
Common stock, value 79 78
Total equity 79 78
Class B Common Stock    
Stockholders’ Equity    
Common stock, value 47 46
Total equity $ 47 $ 46