Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Equity (Unaudited)

v3.22.2
Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Thousands
Total
Class A Common Stock
Class B Common Stock
Common Stock [Member]
Class A Common Stock
Common Stock [Member]
Class B Common Stock
Additional Paid-In Capital
Treasury Stock
Retained Earnings
Total Silvercrest Asset Management Group Inc.'s Equity
Non-controlling Interest
Balance at Dec. 31, 2020 $ 103,399     $ 96 $ 46 $ 51,039   $ 19,498 $ 70,679 $ 32,720
Balance, Shares at Dec. 31, 2020       9,651,000 4,722,000          
Distributions to partners (1,758)                 (1,758)
Issuance of notes receivable from partners (475)                 (475)
Issuance of Class B shares 476       $ 1       1 475
Issuance of Class B shares, Shares         56,000          
Repayment of notes receivable from partners 228                 228
Equity-based compensation 469                 469
Net Income 4,335             2,552 2,552 1,783
Deferred tax, net of amounts payable under tax receivable agreement 7         7     7  
Accrued interest on notes receivable from partners (2)                 (2)
Share conversion           56     56 (56)
Share conversion, Shares       8,000 (8,000)          
Dividends paid on Class A common stock (1,545)             (1,545) (1,545)  
Balance at Mar. 31, 2021 105,134     $ 96 $ 47 51,102   20,505 71,750 33,384
Balance, Shares at Mar. 31, 2021       9,658,000 4,770,000          
Balance at Dec. 31, 2020 103,399     $ 96 $ 46 51,039   19,498 70,679 32,720
Balance, Shares at Dec. 31, 2020       9,651,000 4,722,000          
Issuance of notes receivable from partners (475)                  
Net Income 9,996                  
Balance at Jun. 30, 2021 105,978     $ 97 $ 47 51,240   22,291 73,675 32,303
Balance, Shares at Jun. 30, 2021       9,670,000 4,782,000          
Balance at Dec. 31, 2020 103,399     $ 96 $ 46 51,039   19,498 70,679 32,720
Balance, Shares at Dec. 31, 2020       9,651,000 4,722,000          
Balance at Dec. 31, 2021 116,808     $ 99 $ 45 52,936 $ (512) 27,782 80,350 36,458
Balance, Shares at Dec. 31, 2021   9,869,101 4,593,687 9,869,000 4,594,000   33,000      
Balance at Mar. 31, 2021 105,134     $ 96 $ 47 51,102   20,505 71,750 33,384
Balance, Shares at Mar. 31, 2021       9,658,000 4,770,000          
Distributions to partners (3,592)                 (3,592)
Issuance of Class B shares 25                 25
Issuance of Class B shares, Shares         2,000          
Equity-based compensation 293     $ 1 55     56 237
Equity-based compensation, Shares       1,000 21,000          
Net Income 5,661             3,335 3,335 2,326
Deferred tax, net of amounts payable under tax receivable agreement 7         7     7  
Accrued interest on notes receivable from partners (1)                 (1)
Share conversion           76     76 (76)
Share conversion, Shares       11,000 (11,000)          
Dividends paid on Class A common stock (1,549)             (1,549) (1,549)  
Balance at Jun. 30, 2021 105,978     $ 97 $ 47 51,240   22,291 73,675 32,303
Balance, Shares at Jun. 30, 2021       9,670,000 4,782,000          
Balance at Dec. 31, 2021 116,808     $ 99 $ 45 52,936 $ (512) 27,782 80,350 36,458
Balance, Shares at Dec. 31, 2021   9,869,101 4,593,687 9,869,000 4,594,000   33,000      
Distributions to partners (2,685)                 (2,685)
Repayment of notes receivable from partners 157                 157
Equity-based compensation 228                 228
Net Income 12,396             7,568 7,568 4,828
Deferred tax, net of amounts payable under tax receivable agreement 1         1     1  
Accrued interest on notes receivable from partners (1)                 (1)
Share conversion           24     24 (24)
Share conversion, Shares       3,000 (3,000)          
Dividends paid on Class A common stock (1,681)             (1,681) (1,681)  
Balance at Mar. 31, 2022 125,223     $ 99 $ 45 52,961 $ (512) 33,669 86,262 38,961
Balance, Shares at Mar. 31, 2022       9,872,000 4,591,000   33,000      
Balance at Dec. 31, 2021 116,808     $ 99 $ 45 52,936 $ (512) 27,782 80,350 36,458
Balance, Shares at Dec. 31, 2021   9,869,101 4,593,687 9,869,000 4,594,000   33,000      
Net Income 21,869                  
Balance at Jun. 30, 2022 129,732     $ 99 $ 45 53,283 $ (512) 37,749 90,664 39,068
Balance, Shares at Jun. 30, 2022   9,911,461 4,602,632 9,911,000 4,603,000   33,000      
Balance at Mar. 31, 2022 125,223     $ 99 $ 45 52,961 $ (512) 33,669 86,262 38,961
Balance, Shares at Mar. 31, 2022       9,872,000 4,591,000   33,000      
Distributions to partners (3,524)                 (3,524)
Issuance of Class B shares 25                 25
Issuance of Class B shares, Shares         1,000          
Repayment of notes receivable from partners 15                 15
Equity-based compensation 276         55     55 221
Equity-based compensation, Shares         50,000          
Net Income 9,473             5,770 5,770 3,703
Deferred tax, net of amounts payable under tax receivable agreement (65)         (65)     (65)  
Accrued interest on notes receivable from partners (1)                 (1)
Share conversion           332     332 (332)
Share conversion, Shares       39,000 (39,000)          
Dividends paid on Class A common stock (1,690)             (1,690) (1,690)  
Balance at Jun. 30, 2022 $ 129,732     $ 99 $ 45 $ 53,283 $ (512) $ 37,749 $ 90,664 $ 39,068
Balance, Shares at Jun. 30, 2022   9,911,461 4,602,632 9,911,000 4,603,000   33,000