Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Equity

v3.20.4
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, 2017 $ 72,119 $ 81 $ 49 $ 41,606 $ 7,359 $ 49,095 $ 23,024
Balance, Shares at Dec. 31, 2017   8,142,000 5,059,000        
Distributions to partners (6,773)           (6,773)
Issuance of Class B shares, Value 100           100
Issuance of Class B shares, Shares     6,000        
Issuance of notes receivable by partners (100)           (100)
Equity-based compensation 3,275   $ 3 25   28 3,247
Equity-based compensation, Shares   2,000 243,000        
Repayment of notes receivable from partners 1,119           1,119
Net Income 17,368       9,630 9,630 7,738
Deferred tax, net of amounts payable under tax receivable agreement (25)     (25)   (25)  
Accrued interest on notes receivable from partners (25)           (25)
Share Conversion, Value   $ 4 $ (4) 1,978   1,978 (1,978)
Share Conversion, Shares   374,000 (374,000)        
Dividends paid on Class A common stock (4,659)       (4,659) (4,659)  
Balance at Dec. 31, 2018 82,399 $ 85 $ 48 43,584 12,330 56,047 26,352
Balance, Shares at Dec. 31, 2018   8,518,000 4,934,000        
Distributions to partners (7,698)           (7,698)
Issuance of Class B shares, Value 8,972   $ 7     7 8,965
Issuance of Class B shares, Shares     665,000        
Equity-based compensation 2,272   $ 2 23   25 2,247
Equity-based compensation, Shares   2,000 242,000        
Repayment of notes receivable from partners 291           291
Net Income 15,412       8,646 8,646 6,766
Deferred tax, net of amounts payable under tax receivable agreement 1,500     1,500   1,500  
Accrued interest on notes receivable from partners (13)           (13)
Share Conversion, Value   $ 8 $ (8) 4,139   4,139 (4,139)
Share Conversion, Shares   810,000 (810,000)        
Dividends paid on Class A common stock (5,328)       (5,328) (5,328)  
Balance at Dec. 31, 2019 97,807 $ 93 $ 49 49,246 15,648 65,036 32,771
Balance, Shares at Dec. 31, 2019   9,329,879 5,031,017        
Distributions to partners (6,297)           (6,297)
Equity-based compensation 691     106   106 585
Equity-based compensation, Shares   3,000 9,000        
Repayment of notes receivable from partners 300           300
Net Income 17,478       9,960 9,960 7,518
Deferred tax, net of amounts payable under tax receivable agreement (462)     (462)   (462)  
Accrued interest on notes receivable from partners (8)           (8)
Share Conversion, Value   $ 3 $ (3) 2,149   2,149 (2,149)
Share Conversion, Shares   318,000 (318,000)        
Dividends paid on Class A common stock (6,110)       (6,110) (6,110)  
Balance at Dec. 31, 2020 $ 103,399 $ 96 $ 46 $ 51,039 $ 19,498 $ 70,679 $ 32,720
Balance, Shares at Dec. 31, 2020   9,650,692 4,721,646