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, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 35,394 $ 53,822
Investments 626 626
Receivables, net 9,224 9,436
Due from Silvercrest Funds 1,879 1,094
Furniture, equipment and leasehold improvements, net 2,419 2,453
Goodwill 25,168 25,168
Intangible assets, net 11,153 11,578
Deferred tax asset—tax receivable agreement 12,128 11,838
Prepaid expenses and other assets 2,158 1,345
Total assets 100,149 117,360
Liabilities and Equity    
Accounts payable and accrued expenses 2,800 3,506
Accrued compensation 7,862 28,274
Notes payable 749 740
Deferred rent 4,765 3,473
Deferred tax and other liabilities 9,690 9,248
Total liabilities 25,866 45,241
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, 2018 and December 31, 2017
Additional Paid-In Capital 42,203 41,606
Retained earnings 8,446 7,359
Total Silvercrest Asset Management Group Inc.’s equity 50,779 49,095
Non-controlling interests 23,504 23,024
Total equity 74,283 72,119
Total liabilities and equity 100,149 117,360
Class A Common Stock    
Equity    
Common stock, value 82 81
Total equity 82 81
Class B Common Stock    
Equity    
Common stock, value 48 49
Total equity $ 48 $ 49