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
Sep. 30, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 57,715 $ 53,822
Investments 16 626
Receivables, net 7,949 9,436
Due from Silvercrest Funds 2,763 1,094
Furniture, equipment and leasehold improvements, net 2,491 2,453
Goodwill 25,168 25,168
Intangible assets, net 10,313 11,578
Deferred tax asset—tax receivable agreement 12,299 11,838
Prepaid expenses and other assets 1,989 1,345
Total assets 120,703 117,360
Liabilities and Equity    
Accounts payable and accrued expenses 2,139 3,506
Accrued compensation 23,879 28,274
Notes payable   740
Deferred rent 7,204 3,473
Deferred tax and other liabilities 9,692 9,248
Total liabilities 42,914 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 September 30, 2018 and December 31, 2017
Additional Paid-In Capital 42,682 41,606
Retained earnings 10,614 7,359
Total Silvercrest Asset Management Group Inc.’s equity 53,429 49,095
Non-controlling interests 24,360 23,024
Total equity 77,789 72,119
Total liabilities and equity 120,703 117,360
Class A Common Stock    
Equity    
Common stock, value 83 81
Total equity 83 81
Class B Common Stock    
Equity    
Common stock, value 50 49
Total equity $ 50 $ 49