Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Financial Condition (Unaudited)

v3.8.0.1
Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 39,558 $ 37,517
Investments 13 335
Receivables, net 6,458 6,270
Due from Silvercrest Funds 2,656 2,876
Furniture, equipment and leasehold improvements, net 2,505 2,411
Goodwill 25,168 25,168
Intangible assets, net 12,035 13,404
Deferred tax asset—tax receivable agreement 19,204 20,221
Prepaid expenses and other assets 1,953 4,079
Total assets 109,550 112,281
Liabilities and Equity    
Accounts payable and accrued expenses 2,649 4,485
Accrued compensation 20,134 23,797
Notes payable 731 2,486
Deferred rent 138 436
Deferred tax and other liabilities 15,297 14,993
Total liabilities 38,949 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 September 30, 2017 and December 31, 2016
Additional Paid-In Capital 41,555 41,260
Retained earnings 8,416 5,916
Total Silvercrest Asset Management Group Inc.’s equity 50,102 47,305
Non-controlling interests 20,499 18,779
Total equity 70,601 66,084
Total liabilities and equity 109,550 112,281
Class A Common Stock    
Equity    
Common stock, value 81 81
Total equity 81 81
Class B Common Stock    
Equity    
Common stock, value 50 48
Total equity $ 50 $ 48