Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Financial Condition (Unaudited)

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Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 22,708 $ 37,517
Investments 13 335
Receivables, net 5,779 6,270
Due from Silvercrest Funds 2,306 2,876
Furniture, equipment and leasehold improvements, net 2,411 2,411
Goodwill 25,168 25,168
Intangible assets, net 12,947 13,404
Deferred tax asset—tax receivable agreement 19,934 20,221
Prepaid expenses and other assets 4,129 4,079
Total assets 95,395 112,281
Liabilities and Equity    
Accounts payable and accrued expenses 3,220 4,485
Accrued compensation 6,574 23,797
Notes payable 2,419 2,486
Deferred rent 345 436
Deferred tax and other liabilities 15,207 14,993
Total liabilities 27,765 46,197
Commitments and Contingencies (Note 10)
Equity    
Preferred Stock, par value $0.01, 10,000,000 shares authorized; none issued and outstanding, as of March 31, 2017 and December 31, 2016
Additional Paid-In Capital 41,409 41,260
Retained earnings 6,634 5,916
Total Silvercrest Asset Management Group Inc.’s equity 48,172 47,305
Non-controlling interests 19,458 18,779
Total equity 67,630 66,084
Total liabilities and equity 95,395 112,281
Class A Common Stock    
Equity    
Common stock, value 81 81
Total equity 81 81
Class B Common Stock    
Equity    
Common stock, value 48 48
Total equity $ 48 $ 48