Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Financial Condition

v3.7.0.1
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 37,517 $ 31,562
Restricted certificates of deposit and escrow   587
Investments 335 32
Receivables, net 6,270 4,502
Due from Silvercrest Funds 2,876 4,330
Furniture, equipment and leasehold improvements, net 2,411 2,425
Goodwill 25,168 24,682
Intangible assets, net 13,404 15,331
Deferred tax asset—tax receivable agreement 20,221 21,498
Prepaid expenses and other assets 4,079 3,262
Total assets 112,281 108,211
Liabilities and Equity    
Accounts payable and accrued expenses 4,485 4,031
Accrued compensation 23,797 21,786
Notes payable 2,486 4,514
Deferred rent 436 852
Deferred tax and other liabilities 14,993 15,391
Total liabilities 46,197 46,574
Commitments and Contingencies (Note 10)
Equity    
Preferred Stock, par value $0.01, 10,000,000 shares authorized; none issued and outstanding
Additional Paid-In Capital 41,260 40,951
Retained earnings 5,916 4,758
Total Silvercrest Asset Management Group Inc.’s equity 47,305 45,835
Non-controlling interests 18,779 15,802
Total equity 66,084 61,637
Total liabilities and equity 112,281 108,211
Class A Common Stock    
Equity    
Common stock, value 81 80
Total equity 81 80
Class B Common Stock    
Equity    
Common stock, value 48 46
Total equity $ 48 $ 46