Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Equity

v3.7.0.1
Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Class A Common Stock
Class B Common Stock
Additional Paid-In Capital
Retained Earnings
Total Silvercrest Asset Management Group Inc.’s Equity
Non-controlling Interest
Balance at Dec. 31, 2013 $ 48,165 $ 75 $ 45 $ 39,003 $ 2,099 $ 41,222 $ 6,943
Balance, Shares at Dec. 31, 2013   7,522,000 4,465,000        
Contributions from partners 941   $ 1     1 940
Contributions from partners, Shares     60,000        
Distributions to partners (5,242)           (5,242)
Issuance of notes receivable by partners (940)           (940)
Redemptions of partners’ interests (376)           (376)
Redemptions of partners' interests, Shares     (23,000)        
Adjustment of partner redemption obligation (Note 9) 1,583           1,583
Equity-based compensation 1,533   $ 3     3 1,530
Equity-based compensation, Shares     264,000        
Repayment of notes receivable from partners 841           841
Net Income 10,708       4,775 4,775 5,933
Deferred tax, net of amounts payable under tax receivable agreement (456)     (456)   (456)  
Accrued interest on notes receivable from partners (61)           (61)
Share Conversion, Value 23 $ 3 $ (3) 628   628 (605)
Share Conversion, Shares   246,000 (246,000)        
Dividends paid on Class A common stock (3,657)       (3,657) (3,657)  
Balance at Dec. 31, 2014 53,062 $ 78 $ 46 39,175 3,217 42,516 10,546
Balance, Shares at Dec. 31, 2014   7,768,000 4,520,000        
Distributions to partners (5,546)           (5,546)
Equity-based compensation 1,782           1,782
Equity-based compensation, Shares     127,000        
Repayment of notes receivable from partners 489           489
Net Income 11,085       5,324 5,324 5,761
Deferred tax, net of amounts payable under tax receivable agreement 1,049     1,049   1,049  
Accrued interest on notes receivable from partners (66)           (66)
Share Conversion, Value   $ 2 $ (3) 727   726 (726)
Share Conversion, Shares   222,000 (211,000)        
Issuance of Class B shares in connection with the Jamison Acquisition, Value 3,565   $ 3     3 3,562
Issuance of Class B shares in connection with the Jamison Acquisition, Shares     259,000        
Dividends paid on Class A common stock (3,783)       (3,783) (3,783)  
Balance at Dec. 31, 2015 61,637 $ 80 $ 46 40,951 4,758 45,835 15,802
Balance, Shares at Dec. 31, 2015   7,989,749 4,695,014        
Contributions from partners 121   $ 1     1 120
Contributions from partners, Shares     9,000        
Distributions to partners (5,761)           (5,761)
Issuance of notes receivable by partners (120)           (120)
Equity-based compensation 3,249   $ 2 42   44 3,205
Equity-based compensation, Shares     246,000        
Repayment of notes receivable from partners 880           880
Net Income 9,982       5,015 5,015 4,967
Deferred tax, net of amounts payable under tax receivable agreement 9     9   9  
Accrued interest on notes receivable from partners (56)           (56)
Share Conversion, Value   $ 1 $ (1) 258   258 (258)
Share Conversion, Shares   84,000 (84,000)        
Dividends paid on Class A common stock (3,857)       (3,857) (3,857)  
Balance at Dec. 31, 2016 $ 66,084 $ 81 $ 48 $ 41,260 $ 5,916 $ 47,305 $ 18,779
Balance, Shares at Dec. 31, 2016   8,074,197 4,866,303